NYSE:CBL - CBL & Associates Properties Stock Price, News, & Analysis

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$2.16 +0.06 (+2.86 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$2.16
Today's Range$2.06 - $2.18
52-Week Range$1.79 - $6.26
Volume1.29 million shs
Average Volume2.30 million shs
Market Capitalization$372.97 million
P/E Ratio1.25
Dividend Yield14.29%
Beta1.53
Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 114 properties totaling 71.9 million square feet across 26 states, including 73 high-quality enclosed, outlet and open-air retail centers and 12 properties managed for third parties. CBL continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP12483010
Phone423-855-0001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$858.56 million
Cash Flow$1.2558 per share
Book Value$5.97 per share

Profitability

Net Income$-80,450,000.00

Miscellaneous

Employees685
Market Cap$372.97 million
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 announced a quarterly dividend on Tuesday, October 30th. Shareholders of record on Monday, December 31st will be given a dividend of $0.075 per share on Wednesday, January 16th. This represents a $0.30 annualized dividend and a yield of 13.89%. The ex-dividend date is Sunday, December 30th. View CBL & Associates Properties' Dividend History.

How were CBL & Associates Properties' earnings last quarter?

CBL & Associates Properties, Inc. (NYSE:CBL) issued its quarterly earnings results on Thursday, February, 7th. The real estate investment trust reported $0.45 earnings per share for the quarter, hitting analysts' consensus estimates of $0.45. The real estate investment trust had revenue of $216.90 million for the quarter, compared to analysts' expectations of $216.50 million. CBL & Associates Properties had a negative return on equity of 6.84% and a negative net margin of 9.33%. The firm's quarterly revenue was down 7.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.56 earnings per share. View CBL & Associates Properties' Earnings History.

When is CBL & Associates Properties' next earnings date?

CBL & Associates Properties is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for CBL & Associates Properties.

What guidance has CBL & Associates Properties issued on next quarter's earnings?

CBL & Associates Properties updated its FY19 earnings guidance on Thursday, February, 7th. The company provided EPS guidance of $1.41-$1.46 for the period, compared to the Thomson Reuters consensus estimate of $1.49. CBL & Associates Properties also updated its FY 2019 guidance to $1.41-1.46 EPS.

What price target have analysts set for CBL?

10 brokers have issued 1-year price targets for CBL & Associates Properties' stock. Their predictions range from $2.00 to $5.00. On average, they anticipate CBL & Associates Properties' stock price to reach $3.5357 in the next year. This suggests a possible upside of 63.7% from the stock's current price. View Analyst Price Targets for CBL & Associates Properties.

What is the consensus analysts' recommendation for CBL & Associates Properties?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBL & Associates Properties in the last year. There are currently 8 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for CBL & Associates Properties.

Has CBL & Associates Properties been receiving favorable news coverage?

News coverage about CBL stock has trended somewhat negative this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CBL & Associates Properties earned a coverage optimism score of -1.5 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

Are investors shorting CBL & Associates Properties?

CBL & Associates Properties saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 43,651,557 shares, an increase of 1.5% from the January 15th total of 42,996,714 shares. Based on an average trading volume of 1,772,667 shares, the short-interest ratio is currently 24.6 days. Approximately 26.1% of the shares of the stock are short sold. View CBL & Associates Properties' Current Options Chain.

Who are some of CBL & Associates Properties' key competitors?

What other stocks do shareholders of CBL & Associates Properties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CBL & Associates Properties investors own include AT&T (T), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Washington Prime Group (WPG), General Electric (GE), Omega Healthcare Investors (OHI), Centurylink (CTL), ANNALY CAP MGMT/SH (NLY), Western Asset Mortgage Capital (WMC) and Ford Motor (F).

Who are CBL & Associates Properties' key executives?

CBL & Associates Properties' management team includes the folowing people:
  • Mr. Stephen D. Lebovitz, CEO & Director (Age 58)
  • Mr. Michael I. Lebovitz, Pres (Age 55)
  • Ms. Farzana Khaleel Mitchell CPA, Exec. VP, Treasurer & CFO (Age 67)
  • Ms. Kathryn A. Reinsmidt, Exec. VP & Chief Investment Officer (Age 40)
  • Mr. Augustus N. Stephas, Exec. Officer (Age 76)

Who are CBL & Associates Properties' major shareholders?

CBL & Associates Properties' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.20%), Robeco Institutional Asset Management B.V. (2.85%), Mackenzie Financial Corp (1.84%), Northern Trust Corp (1.60%), LSV Asset Management (1.54%) and Dimensional Fund Advisors LP (1.50%). Company insiders that own CBL & Associates Properties stock include Jeffery V Curry and Kathryn A Reinsmidt. View Institutional Ownership Trends for CBL & Associates Properties.

Which major investors are selling CBL & Associates Properties stock?

CBL stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Advisors Asset Management Inc., First Trust Advisors LP, Northern Trust Corp, Dimensional Fund Advisors LP, SG Americas Securities LLC, LSV Asset Management and Beach Point Capital Management LP. View Insider Buying and Selling for CBL & Associates Properties.

Which major investors are buying CBL & Associates Properties stock?

CBL stock was purchased by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Adams Asset Advisors LLC, BlackRock Inc., Alps Advisors Inc., Geode Capital Management LLC, Two Sigma Investments LP, Zweig DiMenna Associates LLC and Oregon Public Employees Retirement Fund. Company insiders that have bought CBL & Associates Properties stock in the last two years include Jeffery V Curry and Kathryn A Reinsmidt. View Insider Buying and Selling for CBL & Associates Properties.

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 $2.16.

How big of a company is CBL & Associates Properties?

CBL & Associates Properties has a market capitalization of $372.97 million and generates $858.56 million in revenue each year. The real estate investment trust earns $-80,450,000.00 in net income (profit) each year or $1.73 on an earnings per share basis. CBL & Associates Properties employs 685 workers across the globe.

What is CBL & Associates Properties' official website?

The official website for CBL & Associates Properties is http://www.cblproperties.com.

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 (NYSE CBL)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  236 (Vote Outperform)
Underperform Votes:  430 (Vote Underperform)
Total Votes:  666
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.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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