About CBL & Associates Properties (NYSE:CBL)
CBL & Associates Properties, Inc. is a self-managed, self-administered, integrated real estate investment trust. The Company owns, develops, acquires, leases, manages and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties. Its segments are Malls, Associated Centers, Community Centers and All Other. As of December 31, 2016, the Company owned a controlling interest in 65 Malls and non-controlling interests in nine Malls. As of December 31, 2016, the Company owned a controlling interest in 20 Associated Centers and a non-controlling interest in three Associated Centers. As of December 31, 2016, the Company owned a controlling interest in four Community Centers and a non-controlling interest in five Community Centers. As of December 31, 2016, the Company's properties were located in 27 states, primarily in the southeastern and mid-western United States.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:CBL
CUSIP12483010
Phone423-855-0001
Debt
Debt-to-Equity Ratio3.42%
Current Ratio0.55%
Quick Ratio0.55%
Price-To-Earnings
Trailing P/E Ratio1.85
Forward P/E Ratio2.20
P/E Growth-0.75
Sales & Book Value
Annual Sales$927.25 million
Price / Sales0.72
Cash Flow$2.2917 per share
Price / Cash1.68
Book Value$7.23 per share
Price / Book0.53
Profitability
EPS (Most Recent Fiscal Year)$2.08
Net Income$120.94 million
Net Margins13.04%
Return on Equity8.14%
Return on Assets1.77%
Miscellaneous
Employees685
Outstanding Shares172,640,000
CBL & Associates Properties (NYSE:CBL) Frequently Asked Questions
What is CBL & Associates Properties' stock symbol?
CBL & Associates Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBL."
How often does CBL & Associates Properties pay dividends? What is the dividend yield for CBL & Associates Properties?
CBL & Associates Properties declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Friday, March 30th will be given a dividend of $0.20 per share on Tuesday, April 17th. This represents a $0.80 annualized dividend and a yield of 20.78%. The ex-dividend date is Wednesday, March 28th. View CBL & Associates Properties' Dividend History.
How were CBL & Associates Properties' earnings last quarter?
CBL & Associates Properties, Inc. (NYSE:CBL) announced its quarterly earnings data on Thursday, February, 8th. The real estate investment trust reported $0.56 EPS for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.41. The real estate investment trust had revenue of $235.30 million for the quarter, compared to analyst estimates of $246.46 million. CBL & Associates Properties had a net margin of 13.04% and a return on equity of 8.14%. CBL & Associates Properties's revenue was down 9.0% on a year-over-year basis. During the same quarter last year, the business posted $0.68 earnings per share. View CBL & Associates Properties' Earnings History.
When is CBL & Associates Properties' next earnings date?
What guidance has CBL & Associates Properties issued on next quarter's earnings?
CBL & Associates Properties updated its FY18 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of $1.70-1.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.97.
What price target have analysts set for CBL?
12 brokers have issued 12-month price objectives for CBL & Associates Properties' shares. Their predictions range from $3.00 to $17.50. On average, they expect CBL & Associates Properties' stock price to reach $6.4688 in the next twelve months. View Analyst Ratings for CBL & Associates Properties.
Who are some of CBL & Associates Properties' key competitors?
Some companies that are related to CBL & Associates Properties include National Health Investors (NHI), Corporate Office Properties Trust (OFC), Empire State Realty (ESRT), Geo Group (GEO), Physicians Realty Trust (DOC), Great Portland Est (GPEAF), Outfront Media (OUT), DDR (DDR), Columbia Property Trust (CXP), Pebblebrook Hotel (PEB), Education Realty Trust (EDR), Colony NorthStar Credit (CLNC), Retail Properties of America (RPAI), CoreCivic (CXW) and STAG Industrial (STAG).
Who are CBL & Associates Properties' key executives?
CBL & Associates Properties' management team includes the folowing people:
- Charles B. Lebovitz, Chairman of the Board (Age 80)
- Stephen D. Lebovitz, President, Chief Executive Officer, Director (Age 56)
- Farzana K. Mitchell, Chief Financial Officer, Executive Vice President, Treasurer (Age 65)
- Augustus N. Stephas, Chief Operating Officer, Executive Vice President (Age 74)
- Ben S. Landress, Executive Vice President - Management (Age 89)
- Michael I. Lebovitz, Executive Vice President - Development and Administration (Age 53)
- Jeffery V. Curry, Chief Legal Officer, Secretary (Age 56)
- Gary L. Bryenton, Independent Director (Age 77)
- A. Larry Chapman, Independent Director (Age 70)
- Matthew S. Dominski, Independent Director (Age 62)
Has CBL & Associates Properties been receiving favorable news coverage?
Media coverage about CBL stock has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CBL & Associates Properties earned a media sentiment score of 0.22 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 45.94 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
How do I buy shares of CBL & Associates Properties?
Shares of CBL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CBL & Associates Properties' stock price today?
One share of CBL stock can currently be purchased for approximately $3.85.
How big of a company is CBL & Associates Properties?
CBL & Associates Properties has a market capitalization of $681.94 million and generates $927.25 million in revenue each year. The real estate investment trust earns $120.94 million in net income (profit) each year or $2.08 on an earnings per share basis. CBL & Associates Properties employs 685 workers across the globe.
How can I contact CBL & Associates Properties?
CBL & Associates Properties' mailing address is 2030 HAMILTON PLACE BVLD SUITE 500 CBL CENTER, CHATTANOOGA TN, 37421. The real estate investment trust can be reached via phone at 423-855-0001 or via email at [email protected]
MarketBeat Community Rating for CBL & Associates Properties (CBL)
MarketBeat's community ratings are surveys of what our community members think about CBL & Associates Properties and other stocks. Vote "Outperform" if you believe CBL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBL will underperform the S&P 500 over the long term. You may vote once every thirty days.
CBL & Associates Properties (NYSE:CBL) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
12 Wall Street analysts have issued ratings and price targets for CBL & Associates Properties in the last 12 months. Their average twelve-month price target is $6.4688, suggesting that the stock has a possible upside of 68.02%. The high price target for CBL is $17.50 and the low price target for CBL is $3.00. There are currently 8 sell ratings and 4 hold ratings for the stock, resulting in a consensus rating of "Sell."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Sell | Sell | Sell | Hold |
| Consensus Rating Score: | 1.33 | 1.33 | 1.33 | 2.09 |
| Ratings Breakdown: | 8 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 8 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 8 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
8 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $6.4688 | $6.4688 | $8.6389 | $10.2188 |
| Price Target Upside: | 68.02% upside | 46.35% upside | 51.83% upside | 20.93% upside |
CBL & Associates Properties (NYSE:CBL) Consensus Price Target History
CBL & Associates Properties (NYSE:CBL) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
CBL & Associates Properties (NYSE:CBL) Dividend Information
CBL & Associates Properties pays an annual dividend of $0.80 per share, with a dividend yield of 20.78%. CBL's most recent quarterly dividend payment was Tuesday, April 17. CBL & Associates Properties pays out 38.46% of its earnings out as a dividend.
| Most Recent Dividend: | 4/17/2018 |
| Annual Dividend: | $0.80 |
| Dividend Yield: | 20.78% |
| Dividend Growth: | 2.70% (3 Year Average) |
| Payout Ratio: | 38.46% (Trailing 12 Months of Earnings)
45.71% (Based on This Year's Estimates)
47.06% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
CBL & Associates Properties (NYSE:CBL) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/22/2018 | Quarterly | $0.20 | 16.23% | 3/28/2018 | 3/30/2018 | 4/17/2018 |
| 11/3/2017 | quarterly | $0.20 | 13.51% | 12/28/2017 | 12/29/2017 | 1/16/2018 |
| 8/24/2017 | Quarterly | $0.2650 | 12.76% | 9/29/2017 | 10/2/2017 | 10/16/2017 |
| 6/5/2017 | quarterly | $0.2650 | 13.71% | 6/28/2017 | 6/30/2017 | 7/17/2017 |
| 2/27/2017 | quarterly | $0.2650 | 10.38% | 3/28/2017 | 3/30/2017 | 4/17/2017 |
| 11/4/2016 | Quarterly | $0.2650 | | 12/28/2016 | 12/30/2016 | 1/16/2017 |
| 8/25/2016 | Quarterly | $0.2650 | | 9/28/2016 | 9/30/2016 | 10/14/2016 |
| 6/3/2016 | Quarterly | $0.2650 | | 6/28/2016 | 6/30/2016 | 7/15/2016 |
| 2/26/2016 | Quarterly | $0.2650 | | 3/28/2016 | 3/30/2016 | 4/15/2016 |
| 11/16/2015 | Quarterly | $0.2650 | | 12/28/2015 | 12/30/2015 | 1/15/2016 |
| 8/25/2015 | | $0.2650 | | 9/28/2015 | 9/30/2015 | 10/15/2015 |
| 5/29/2015 | quarterly | $0.2650 | 6.01% | 6/26/2015 | 6/30/2015 | 7/16/2015 |
| 2/27/2015 | quarterly | $0.2650 | 5.29% | 3/26/2015 | 3/30/2015 | 4/15/2015 |
| 11/13/2014 | quarterly | $0.2650 | 5.67% | 12/26/2014 | 12/30/2014 | 1/15/2015 |
| 8/28/2014 | quarterly | $0.2450 | 5.16% | 9/26/2014 | 9/30/2014 | 10/15/2014 |
| 5/30/2014 | quarterly | $0.2450 | 5.18% | 6/26/2014 | 6/30/2014 | 7/15/2014 |
| 2/26/2014 | quarterly | $0.2450 | 5.54% | 3/27/2014 | 3/31/2014 | 4/16/2014 |
| 11/25/2013 | quarterly | $0.2450 | 5.41% | 12/26/2013 | 12/30/2013 | 1/15/2014 |
| 8/30/2013 | quarterly | $0.23 | 4.8% | 9/26/2013 | 9/30/2013 | 10/16/2013 |
| 5/31/2013 | quarterly | $0.23 | 4% | 6/27/2013 | 7/1/2013 | 7/16/2013 |
| 2/27/2013 | quarterly | $0.23 | 4.04% | 3/27/2013 | 4/1/2013 | 4/16/2013 |
(Data available from 1/1/2013 forward)
CBL & Associates Properties (NYSE CBL) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 12.07%
Institutional Ownership Percentage: 79.71%
CBL & Associates Properties (NYSE CBL) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/15/2017 | Jeffery V Curry | Insider | Buy | 756 | $5.57 | $4,210.92 | 2,284 |  |
| 5/17/2017 | Jeffery V Curry | Insider | Buy | 2,400 | $7.37 | $17,688.00 | 83,775 | |
| 5/17/2017 | Kathryn A Reinsmidt | VP | Buy | 2,688 | $7.34 | $19,729.92 | 27,937 | |
| 9/22/2015 | Matthew Dominski | Director | Buy | 5,000 | $25.22 | $126,100.00 | 17,879 | |
| 11/27/2013 | Farzana Mitchell | CFO | Buy | 1,250 | $18.20 | $22,750.00 | 155,999 | |
| 3/7/2013 | Winston W Walker | Director | Sell | 2,000 | $22.76 | $45,520.00 | | |
| 2/26/2013 | Winston W Walker | Director | Sell | 2,000 | $22.09 | $44,180.00 | | |
| 2/19/2013 | Winston W Walker | Director | Sell | 2,000 | $22.31 | $44,620.00 | | |
| 11/14/2012 | Winston W Walker | Director | Sell | 1,000 | $21.74 | $21,740.00 | | |
(Data available from 1/1/2013 forward)
CBL & Associates Properties (NYSE CBL) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | CBL & Associates Properties (CBL) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 20 at 7:28 PM |
| Equities Analysts Offer Predictions for CBL & Associates Properties, Inc.'s FY2018 Earnings (CBL)
www.americanbankingnews.com - April 19 at 7:04 AM |
| $215.60 Million in Sales Expected for CBL & Associates Properties, Inc. (CBL) This Quarter
www.americanbankingnews.com - April 19 at 2:30 AM |
| Analysts Offer Predictions for CBL & Associates Properties, Inc.'s FY2019 Earnings (CBL)
www.americanbankingnews.com - April 18 at 8:54 AM |
| CBL & Associates Properties, Inc. (CBL) Expected to Announce Earnings of $0.43 Per Share
www.americanbankingnews.com - April 17 at 5:18 PM |
| Jefferies Group Weighs in on CBL & Associates Properties, Inc.'s FY2019 Earnings (CBL)
www.americanbankingnews.com - April 16 at 2:50 AM |
 | Safe Preferred Stock Yields 10.4%, Opportunistic Buy, 25% Return Potential
seekingalpha.com - April 15 at 4:49 PM |
| BidaskClub Upgrades CBL & Associates Properties (CBL) to Buy
www.americanbankingnews.com - April 14 at 6:22 PM |
| Jefferies Group Brokers Reduce Earnings Estimates for CBL & Associates Properties, Inc. (CBL)
www.americanbankingnews.com - April 13 at 8:43 AM |
| Boenning Scattergood Reaffirms Hold Rating for CBL & Associates Properties (CBL)
www.americanbankingnews.com - April 13 at 12:25 AM |
| CBL & Associates Properties, Inc. (CBL) Receives Consensus Recommendation of "Sell" from Analysts
www.americanbankingnews.com - April 11 at 7:35 PM |
 | Mid-Morning Market Update: Markets Open Lower; Fastenal Posts In-Line Earnings
www.nasdaq.com - April 11 at 4:40 PM |
| BidaskClub Downgrades CBL & Associates Properties (CBL) to Hold
www.americanbankingnews.com - April 10 at 4:29 PM |
| ValuEngine Upgrades CBL & Associates Properties (CBL) to "Buy"
www.americanbankingnews.com - April 8 at 1:28 PM |
| Mizuho Reaffirms Hold Rating for CBL & Associates Properties (CBL)
www.americanbankingnews.com - April 7 at 9:54 PM |
| Why I Am Adding CBL & Associates Properties Preferred Shares To My Buying List
seekingalpha.com - April 2 at 10:00 AM |
| CBL & Associates Properties, Inc. (CBL) Expected to Post Quarterly Sales of $215.60 Million
www.americanbankingnews.com - April 2 at 2:42 AM |
| Jefferies Group Lowers CBL & Associates Properties (CBL) to Hold
www.americanbankingnews.com - April 1 at 8:42 PM |
| CBL & Associates Properties (CBL) Stock Rating Lowered by Mizuho
www.americanbankingnews.com - April 1 at 10:48 AM |
| ValuEngine Lowers CBL & Associates Properties (CBL) to Hold
www.americanbankingnews.com - March 31 at 3:20 PM |
| CBL & Associates Properties, Inc. (CBL)
seekingalpha.com - March 29 at 4:40 PM |
| CBL & Associates Properties (CBL) Downgraded by ValuEngine to Hold
www.americanbankingnews.com - March 25 at 8:10 PM |
 | CBL Properties Year-to-Date Sales off to Strong Start and Exceed National Average
finance.yahoo.com - March 23 at 6:15 PM |
| CBL & Associates Properties, Inc. (CBL) Announces Quarterly Dividend of $0.20
www.americanbankingnews.com - March 23 at 12:22 PM |
| New Strong Sell Stocks for March 19th - Nasdaq
www.nasdaq.com - March 19 at 4:44 PM |
| CBL & Associates Properties, Inc. (CBL) Receives Average Recommendation of "Sell" from Analysts
www.americanbankingnews.com - March 17 at 7:38 PM |
| Critical Contrast: Alexandria Real Estate Equities (ARE) vs. CBL & Associates Properties (CBL)
www.americanbankingnews.com - March 15 at 9:16 PM |
| Glancy Prongay & Murray LLP Commences Investigation on Behalf of CBL & Associates Properties, Inc. Investors (CBL)
finance.yahoo.com - March 15 at 10:17 AM |
| CBL & Associates Properties (CBL) PT Lowered to $5.00
www.americanbankingnews.com - March 14 at 5:33 PM |
| CBL & Associates Properties (CBL) Presents At Wells Fargo 21st Annual Real Estate Securities Conference - Slideshow
seekingalpha.com - March 5 at 10:04 AM |
| Boulegeris Investments Inc. Has $1.07 Million Position in CBL & Associates Properties, Inc. (CBL)
www.americanbankingnews.com - March 4 at 5:26 AM |
| Washington Real Estate Investment Trust (WRE) & CBL & Associates Properties (CBL) Financial Survey
www.americanbankingnews.com - March 4 at 1:10 AM |
| CBL Properties to Present at Citi 2018 Global Property CEO Conference
finance.yahoo.com - March 2 at 4:43 PM |
| CBL & Associates Properties Inc (CBL) Files 10-K for the Fiscal Year Ended on December 31, 2017
finance.yahoo.com - March 2 at 9:17 AM |
| CBL & Associates Properties, Inc. (CBL) Shares Bought by Systematic Financial Management LP
www.americanbankingnews.com - February 28 at 5:40 PM |
| Comerica Bank Has $1 Million Stake in CBL & Associates Properties, Inc. (CBL)
www.americanbankingnews.com - February 28 at 5:58 AM |
| Analysts Anticipate CBL & Associates Properties, Inc. (CBL) Will Post Quarterly Sales of $218.56 Million
www.americanbankingnews.com - February 27 at 4:54 AM |
| Schroder Investment Management Group Acquires 3,743,455 Shares of CBL & Associates Properties, Inc. (CBL)
www.americanbankingnews.com - February 25 at 6:52 AM |
| Schwab Charles Investment Management Inc. Purchases 57,221 Shares of CBL & Associates Properties, Inc. (CBL)
www.americanbankingnews.com - February 25 at 5:38 AM |
| CBL & Associates Properties (CBL) Earns "Sell" Rating from Jefferies Group
www.americanbankingnews.com - February 24 at 1:38 PM |
| CBL & Associates Properties, Inc. (CBL) Holdings Raised by Pinebridge Investments L.P.
www.americanbankingnews.com - February 24 at 7:12 AM |
| CBL Properties Sets First Quarter Earnings Release And Conference Call Dates
finance.yahoo.com - February 23 at 9:27 AM |
| CBL Properties Declares Common Stock Dividend and Preferred Stock Dividend
finance.yahoo.com - February 23 at 9:27 AM |
| FY2018 Earnings Forecast for CBL & Associates Properties, Inc. Issued By Jefferies Group (CBL)
www.americanbankingnews.com - February 22 at 12:44 PM |
| Jefferies Group Comments on CBL & Associates Properties, Inc.'s Q1 2018 Earnings (CBL)
www.americanbankingnews.com - February 21 at 9:22 AM |
| CBL & Associates Properties, Inc. (CBL) Given Average Rating of "Sell" by Brokerages
www.americanbankingnews.com - February 20 at 7:46 PM |
| CBL & Associates Properties (CBL) PT Set at $5.00 by Mizuho
www.americanbankingnews.com - February 16 at 7:10 PM |
| [$$] Yerak's Take: Some Mall Owners See Less-Dire Retail Conditions Ahead
finance.yahoo.com - February 16 at 4:43 PM |
| Comparing Seritage Growth Properties (SRG) & CBL & Associates Properties (CBL)
www.americanbankingnews.com - February 15 at 1:36 PM |
| CBL, CBL-D, And KTP, Oh My! - Seeking Alpha
seekingalpha.com - February 15 at 6:48 AM |
CBL & Associates Properties (NYSE:CBL) SEC Filings
This page is loading this company's SEC Filings. Please wait...
CBL & Associates Properties (NYSE:CBL) Income Statement, Balance Sheet and Cash Flow Statement
CBL & Associates Properties (NYSE CBL) Stock Chart for Monday, April, 23, 2018
Loading chart…
