CBL & Associates Properties Company Profile (NYSE:CBL)

About CBL & Associates Properties (NYSE:CBL)

CBL & Associates Properties logoCBL & 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:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Symbol: NYSE:CBL
  • CUSIP: 12483010
  • Web: www.cblproperties.com
Capitalization:
  • Market Cap: $1.34 billion
  • Outstanding Shares: 171,096,000
Average Prices:
  • 50 Day Moving Avg: $8.77
  • 200 Day Moving Avg: $10.22
  • 52 Week Range: $7.15 - $14.30
P/E:
  • Trailing P/E Ratio: 11.06
  • Foreward P/E Ratio: 13.31
  • P/E Growth: 2.84
Sales & Book Value:
  • Annual Revenue: $1 billion
  • Price / Sales: 1.34
  • Book Value: $7.06 per share
  • Price / Book: 1.11
Dividend:
  • Annual Dividend: $1.06
  • Dividend Yield: 13.9%
Profitability:
  • EBIDTA: $657.85 million
  • Net Margins: 16.81%
  • Return on Equity: 10.25%
  • Return on Assets: 2.23%
Debt:
  • Debt-to-Equity Ratio: 3.44%
  • Current Ratio: 0.44%
  • Quick Ratio: 0.44%
Misc:
  • Average Volume: 4.71 million shs.
  • Beta: 1.27
  • Short Ratio: 6.13
 

Frequently Asked Questions for CBL & Associates Properties (NYSE:CBL)

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 Monday, February 27th. Shareholders of record on Thursday, March 30th will be paid a dividend of $0.265 per share on Monday, April 17th. This represents a $1.06 annualized dividend and a yield of 13.50%. The ex-dividend date is Tuesday, March 28th. View CBL & Associates Properties' Dividend History.

How were CBL & Associates Properties' earnings last quarter?

CBL & Associates Properties, Inc. (NYSE:CBL) released its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.52 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.01. The firm had revenue of $238.01 million for the quarter, compared to analysts' expectations of $244.76 million. CBL & Associates Properties had a return on equity of 10.25% and a net margin of 16.81%. During the same quarter in the prior year, the firm earned $0.56 EPS. View CBL & Associates Properties' Earnings History.

When will CBL & Associates Properties make its next earnings announcement?

CBL & Associates Properties is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for CBL & Associates Properties.

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

CBL & Associates Properties issued an update on its FY17 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $2.18-2.24 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.29.

Where is CBL & Associates Properties' stock going? Where will CBL & Associates Properties' stock price be in 2017?

11 brokerages have issued 12-month price targets for CBL & Associates Properties' stock. Their predictions range from $10.00 to $17.50. On average, they expect CBL & Associates Properties' share price to reach $13.00 in the next year. View Analyst Ratings for CBL & Associates Properties.

Are investors shorting CBL & Associates Properties?

CBL & Associates Properties saw a increase in short interest in May. As of May 15th, there was short interest totalling 34,952,676 shares, an increase of 36.1% from the April 28th total of 25,686,338 shares. Based on an average daily trading volume, of 6,750,515 shares, the short-interest ratio is currently 5.2 days. Approximately 21.0% of the shares of the company are short sold.

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

Who owns CBL & Associates Properties stock?

CBL & Associates Properties' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (20.31%), BlackRock Inc. (9.02%), Brookfield Asset Management Inc. (7.68%), Morgan Stanley (3.66%), State Street Corp (3.46%) and Wedge Capital Management L L P NC (2.10%). Company insiders that own CBL & Associates Properties stock include Jeffery V Curry, Kathryn A Reinsmidt and Matthew Dominski. View Institutional Ownership Trends for CBL & Associates Properties.

Who sold CBL & Associates Properties stock? Who is selling CBL & Associates Properties stock?

CBL & Associates Properties' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Systematic Financial Management LP, JPMorgan Chase & Co., Bank of New York Mellon Corp, Denver Investment Advisors LLC, Schwab Charles Investment Management Inc., Credit Agricole S A and American Century Companies Inc.. View Insider Buying and Selling for CBL & Associates Properties.

Who bought CBL & Associates Properties stock? Who is buying CBL & Associates Properties stock?

CBL & Associates Properties' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Henderson Group PLC, PVG Asset Management Corp, Geode Capital Management LLC, Adams Asset Advisors LLC, Advisors Asset Management Inc. and Wellington Management Group LLP. Company insiders that have bought CBL & Associates Properties stock in the last two years include Jeffery V Curry, Kathryn A Reinsmidt and Matthew Dominski. View Insider Buying and Selling for CBL & Associates Properties.

How do I buy CBL & Associates Properties stock?

Shares of CBL & Associates Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of CBL & Associates Properties stock cost?

One share of CBL & Associates Properties stock can currently be purchased for approximately $7.85.

Analyst Ratings

Consensus Ratings for CBL & Associates Properties (NYSE:CBL) (?)
Ratings Breakdown: 7 Hold Ratings, 3 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Hold (Score: 2.45)
Consensus Price Target: $13.00 (65.61% upside)

Analysts' Ratings History for CBL & Associates Properties (NYSE:CBL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/22/2017Jefferies Group LLCReiterated RatingBuy$13.00LowView Rating Details
5/15/2017Boenning ScattergoodUpgradeUnderperform -> NeutralMediumView Rating Details
5/11/2017ValuEngineUpgradeBuy -> Strong-BuyLowView Rating Details
5/4/2017Hilliard LyonsDowngradeBuy$19.00 -> $17.50MediumView Rating Details
1/30/2017Citigroup IncUpgradeSell -> NeutralN/AView Rating Details
1/23/2017Barclays PLCLower Price TargetEqual Weight$13.00 -> $10.00N/AView Rating Details
1/3/2017BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
8/15/2016MizuhoBoost Price TargetNeutral$13.00 -> $14.00N/AView Rating Details
8/12/2016Canaccord GenuityReiterated RatingHoldN/AView Rating Details
7/15/2016Goldman Sachs Group IncDowngradeNeutralN/AView Rating Details
7/14/2016KeyCorpUpgradeSector Weight -> Overweight$15.00N/AView Rating Details
5/5/2016JPMorgan Chase & Co.Reiterated RatingHoldN/AView Rating Details
11/16/2015Cowen and CompanyReiterated RatingMarket Perform$17.50 -> $13.50N/AView Rating Details
10/6/2015CIBCDowngradeSector Outperform -> Sector PerformN/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for CBL & Associates Properties (NYSE:CBL)
Earnings by Quarter for CBL & Associates Properties (NYSE:CBL)
Earnings History by Quarter for CBL & Associates Properties (NYSE:CBL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
5/3/2017Q1 2017$0.53$0.52$244.76 million$238.01 millionViewListenView Earnings Details
2/1/2017Q416$0.23$0.68$262.42 million$258.49 millionViewListenView Earnings Details
10/27/2016Q316$0.57$0.57$252.31 million$251.72 millionViewN/AView Earnings Details
7/28/2016Q216$0.56$0.59$246.78 million$254.97 millionViewN/AView Earnings Details
4/27/2016Q116$0.54$0.56$260.06 million$263.10 millionViewN/AView Earnings Details
2/3/2016Q415$0.66$0.71$278.70 million$277.63 millionViewN/AView Earnings Details
10/28/2015Q315$0.56$0.56$255.41 million$262.60 millionViewListenView Earnings Details
7/29/2015Q2$0.54$0.54$238.66 million$253.84 millionViewListenView Earnings Details
4/28/2015Q115$0.52$0.52$250.09 million$260.90 millionViewN/AView Earnings Details
2/3/2015Q414$0.65$0.67$271.10 million$283.80 millionViewN/AView Earnings Details
7/29/2014Q214$0.54$0.55$250.56 million$256.90 millionViewN/AView Earnings Details
4/28/2014Q1 14$0.52$0.52$255.70 million$261.20 millionViewN/AView Earnings Details
2/4/2014Q114$0.61$0.63$279.20 million$282.00 millionViewN/AView Earnings Details
11/5/2013Q413$0.54$0.56$263.35 million$257.10 millionViewN/AView Earnings Details
7/31/2013Q313$0.53$0.55$250.29 million$262.40 millionViewN/AView Earnings Details
4/29/2013Q113$0.51$0.53$260.24 million$266.00 millionViewN/AView Earnings Details
2/5/2013Q412$0.58$0.62$275.89 millionViewN/AView Earnings Details
11/6/2012Q312$0.50$0.54$254.31 million$259.60 millionViewN/AView Earnings Details
7/26/2012$0.49$0.53ViewN/AView Earnings Details
4/30/2012$0.47$0.49ViewN/AView Earnings Details
11/1/2011$0.45$0.48ViewN/AView Earnings Details
8/2/2011$0.46$0.49ViewN/AView Earnings Details
4/28/2011$0.51$0.63ViewN/AView Earnings Details
2/8/2011$0.50$0.62ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CBL & Associates Properties (NYSE:CBL)
2017 EPS Consensus Estimate: $2.27
2018 EPS Consensus Estimate: $2.25
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.52$0.54$0.53
Q2 20173$0.53$0.59$0.55
Q3 20173$0.56$0.56$0.56
Q4 20173$0.57$0.66$0.63
Q1 20181$0.52$0.52$0.52
Q2 20181$0.53$0.53$0.53
Q3 20181$0.57$0.57$0.57
Q4 20181$0.63$0.63$0.63
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CBL & Associates Properties (NYSE:CBL)
Most Recent Dividend:4/17/2017
Annual Dividend:$1.06
Dividend Yield:13.50%
Dividend Growth:5.20% (3 Year Average)
Payout Ratio:141.33% (Trailing 12 Months of Earnings)
182.76% (Based on This Year's Estimates)
179.66% (Based on Next Year's Estimates)
Dividend Payments by Quarter for CBL & Associates Properties (NYSE:CBL)

Dividend History by Quarter for CBL & Associates Properties (NYSE:CBL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/27/2017quarterly$0.2710.38%3/28/20173/30/20174/17/2017
11/4/2016Quarterly$0.2712/28/201612/30/20161/16/2017
8/25/2016Quarterly$0.279/28/20169/30/201610/14/2016
6/3/2016Quarterly$0.276/28/20166/30/20167/15/2016
2/26/2016Quarterly$0.273/28/20163/30/20164/15/2016
11/16/2015Quarterly$0.2712/28/201512/30/20151/15/2016
8/25/2015$0.279/28/20159/30/201510/15/2015
5/29/2015quarterly$0.276.01%6/26/20156/30/20157/16/2015
2/27/2015quarterly$0.275.29%3/26/20153/30/20154/15/2015
11/13/2014quarterly$0.275.67%12/26/201412/30/20141/15/2015
8/28/2014quarterly$0.255.16%9/26/20149/30/201410/15/2014
5/30/2014quarterly$0.255.18%6/26/20146/30/20147/15/2014
2/26/2014quarterly$0.255.54%3/27/20143/31/20144/16/2014
11/25/2013quarterly$0.255.41%12/26/201312/30/20131/15/2014
8/30/2013quarterly$0.234.8%9/26/20139/30/201310/16/2013
5/31/2013quarterly$0.234%6/27/20137/1/20137/16/2013
2/27/2013quarterly$0.234.04%3/27/20134/1/20134/16/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CBL & Associates Properties (NYSE:CBL)
Insider Ownership Percentage: 11.62%
Institutional Ownership Percentage: 94.92%
Insider Trades by Quarter for CBL & Associates Properties (NYSE:CBL)
Institutional Ownership by Quarter for CBL & Associates Properties (NYSE:CBL)
Insider Trades by Quarter for CBL & Associates Properties (NYSE:CBL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2017Jeffery V CurryInsiderBuy2,400$7.37$17,688.00View SEC Filing  
5/17/2017Kathryn A ReinsmidtVPBuy2,688$7.34$19,729.92View SEC Filing  
9/22/2015Matthew DominskiDirectorBuy5,000$25.22$126,100.00View SEC Filing  
11/27/2013Farzana MitchellCFOBuy1,250$18.20$22,750.00View SEC Filing  
3/7/2013Winston W WalkerDirectorSell2,000$22.76$45,520.00View SEC Filing  
2/26/2013Winston W WalkerDirectorSell2,000$22.09$44,180.00View SEC Filing  
2/19/2013Winston W WalkerDirectorSell2,000$22.31$44,620.00View SEC Filing  
11/14/2012Winston W WalkerDirectorSell1,000$21.74$21,740.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for CBL & Associates Properties (NYSE:CBL)
Latest Headlines for CBL & Associates Properties (NYSE:CBL)
Source:
DateHeadline
finance.yahoo.com logo$120M outlet mall to open along US-Mexico border
finance.yahoo.com - May 26 at 4:36 PM
finance.yahoo.com logoWill border mall hit a wall?
finance.yahoo.com - May 26 at 4:36 PM
businesswire.com logoCBL & Associates Properties, Inc. Plans Mixed-Use Redevelopment ... - Business Wire (press release)
www.businesswire.com - May 23 at 12:57 PM
finance.yahoo.com logoIkea could spark mixed-use development in Cary
finance.yahoo.com - May 22 at 4:04 PM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Given "Buy" Rating at Jefferies Group LLC
www.americanbankingnews.com - May 22 at 1:24 PM
seekingalpha.com logoRetail Massacre Provides Arbitrage Opportunity
seekingalpha.com - May 22 at 12:44 PM
finance.yahoo.com logoCBL & Associates Properties, Inc. Plans Mixed-Use Redevelopment at Cary Towne Center in Cary, NC
finance.yahoo.com - May 22 at 12:44 PM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 19 at 8:56 PM
seekingalpha.com logoCBL & Associates - A Look At Liquidity - Seeking Alpha
seekingalpha.com - May 19 at 8:52 AM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) VP Kathryn A. Reinsmidt Purchases 2,688 Shares
www.americanbankingnews.com - May 18 at 1:33 PM
americanbankingnews.com logoInsider Buying: CBL & Associates Properties, Inc. (CBL) Insider Buys 2,400 Shares of Stock
www.americanbankingnews.com - May 18 at 1:33 PM
finance.yahoo.com logoIkea confirms plans for 2020 store opening at Cary Towne Center
finance.yahoo.com - May 18 at 11:23 AM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Stock Rating Upgraded by Boenning Scattergood
www.americanbankingnews.com - May 15 at 10:36 AM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Sees Large Increase in Short Interest
www.americanbankingnews.com - May 14 at 8:45 AM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Upgraded to Strong-Buy at ValuEngine
www.americanbankingnews.com - May 13 at 3:22 PM
finance.yahoo.com logoCBL & Associates Properties Completes the Sale of Two Malls for $53.5 Million
finance.yahoo.com - May 11 at 9:46 PM
finance.yahoo.com logoIs The World Flat? No, But The S&P 500 Looks It Today
finance.yahoo.com - May 8 at 9:06 PM
americanbankingnews.com logo$0.55 EPS Expected for CBL & Associates Properties, Inc. (CBL) This Quarter
www.americanbankingnews.com - May 8 at 1:14 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for CBL & Associates Properties, Inc. Reduced by Analyst (CBL)
www.americanbankingnews.com - May 8 at 9:06 AM
finance.yahoo.com logoEdited Transcript of CBL earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 5 at 4:23 PM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Downgraded by Hilliard Lyons
www.americanbankingnews.com - May 4 at 11:16 PM
reuters.com logoBRIEF-Cbl & Associates reports Q1 adjusted FFO per share $0.52
www.reuters.com - May 4 at 9:20 PM
finance.yahoo.com logoCBL & Associates Properties Reports Results for First Quarter 2017
finance.yahoo.com - May 4 at 9:20 PM
finance.yahoo.com logoCBL & Associates Properties Reports Results for First Quarter 2017 - Yahoo Finance
finance.yahoo.com - May 4 at 4:19 PM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Posts Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - May 4 at 1:25 AM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Issues FY17 Earnings Guidance
www.americanbankingnews.com - May 4 at 1:13 AM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Posts Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - May 4 at 1:03 AM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 3 at 7:56 PM
marketbeat.com logoCBL reports 1Q results
marketbeat.com - May 3 at 7:36 PM
americanbankingnews.com logoCBL & Associates Properties (CBL) Receives News Impact Rating of 0.08
www.americanbankingnews.com - May 3 at 5:30 PM
businesswire.com logoCBL & Associates Properties Announces the Sale of the Outlet Shoppes at Oklahoma City - Business Wire (press release)
www.businesswire.com - May 3 at 4:12 PM
finance.yahoo.com logoCBL & Associates Properties, Inc. breached its 50 day moving average in a Bullish Manner : CBL-US : May 3, 2017
finance.yahoo.com - May 3 at 8:49 AM
reuters.com logoBRIEF-CBL & Associates properties announces the sale of the outlet shoppes at Oklahoma City
www.reuters.com - May 1 at 4:10 PM
bizjournals.com logoWest County mall says Elephant Bar owes $819,000 in back rent
www.bizjournals.com - May 1 at 4:10 PM
streetinsider.com logoCBL & Assoc. Properties (CBL) Divest Outlet Shoppes at Oklahoma City for $130M
www.streetinsider.com - May 1 at 4:10 PM
finance.yahoo.com logoCBL & Associates Properties Announces the Sale of the Outlet Shoppes at Oklahoma City
finance.yahoo.com - May 1 at 4:10 PM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 1 at 2:14 PM
americanbankingnews.com logoCBL & Associates Properties (CBL) Earning Somewhat Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 28 at 8:18 PM
americanbankingnews.com logoCBL & Associates Properties (CBL) Given Daily Media Sentiment Rating of 0.28
www.americanbankingnews.com - April 25 at 12:38 PM
nasdaq.com logoAdams Asset Advisors, LLC Buys CBL & Associates Properties, American Eagle Outfitters, ...
www.nasdaq.com - April 25 at 12:21 PM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 24 at 10:35 PM
finance.yahoo.com logoDesperate Malls Turn to Concerts and Food Trucks
finance.yahoo.com - April 21 at 7:34 AM
finance.yahoo.com logoMall Owners Fighting Online Stores Turn to Concerts, Food Trucks
finance.yahoo.com - April 21 at 7:34 AM
finance.yahoo.com logoCBL & Associates Properties, Inc. breached its 50 day moving average in a Bullish Manner : CBL-US : April 19, 2017
finance.yahoo.com - April 19 at 1:00 PM
americanbankingnews.com logo Analysts Anticipate CBL & Associates Properties, Inc. (CBL) Will Announce Quarterly Sales of $244.76 Million
www.americanbankingnews.com - April 19 at 11:09 AM
americanbankingnews.com logoCBL & Associates Properties, Inc. (CBL) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - April 18 at 8:36 PM
finance.yahoo.com logoGigamon, CBL & Associates Properties and Cytokinetics Set to Join S&P SmallCap 600 - Yahoo Finance
finance.yahoo.com - April 18 at 12:32 PM
americanbankingnews.com logo$0.53 EPS Expected for CBL & Associates Properties, Inc. (CBL) This Quarter
www.americanbankingnews.com - April 17 at 3:04 PM
americanbankingnews.com logoCBL & Associates Properties (CBL) Getting Somewhat Critical Media Coverage, Study Shows
www.americanbankingnews.com - April 17 at 2:14 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Somewhat Unlikely to Effect CBL & Associates Properties (CBL) Stock Price
www.americanbankingnews.com - April 14 at 7:57 PM

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Chart

CBL & Associates Properties (CBL) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff