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: Commercial REITs
  • Sub-Industry: Retail REITs
  • Symbol: NYSE:CBL
  • CUSIP: 12483010
  • Web: www.cblproperties.com
Capitalization:
  • Market Cap: $1.44 billion
  • Outstanding Shares: 171,097,000
Average Prices:
  • 50 Day Moving Avg: $8.44
  • 200 Day Moving Avg: $8.52
  • 52 Week Range: $7.15 - $12.35
P/E:
  • Trailing P/E Ratio: 14.27
  • Foreward P/E Ratio: 22.68
  • P/E Growth: 2.89
Sales & Book Value:
  • Annual Revenue: $977.46 million
  • Price / Sales: 1.47
  • Book Value: $6.98 per share
  • Price / Book: 1.20
Dividend:
  • Annual Dividend: $1.06
  • Dividend Yield: 12.5%
Profitability:
  • EBITDA: $637.66 million
  • Net Margins: 14.88%
  • Return on Equity: 9.43%
  • Return on Assets: 2.05%
Debt:
  • Debt-to-Equity Ratio: 3.27%
  • Current Ratio: 0.57%
  • Quick Ratio: 0.57%
Misc:
  • Average Volume: 3.33 million shs.
  • Beta: 1.18
  • Short Ratio: 11.59
 

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 announced a quarterly dividend on Thursday, August 24th. Stockholders of record on Monday, October 2nd will be given a dividend of $0.265 per share on Monday, October 16th. This represents a $1.06 annualized dividend and a dividend yield of 12.63%. The ex-dividend date is Friday, September 29th. 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 analysts' consensus estimates 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 net margin of 14.88% and a return on equity of 9.43%. During the same quarter last year, the company 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 Thursday, November, 2nd 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 Thursday, August, 3rd. The company provided EPS guidance of $2.18-2.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.19.

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

10 brokers have issued twelve-month target prices for CBL & Associates Properties' shares. Their forecasts range from $6.00 to $17.50. On average, they expect CBL & Associates Properties' stock price to reach $10.25 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 during the month of September. As of September 29th, there was short interest totalling 43,853,672 shares, an increase of 3.7% from the September 15th total of 42,308,091 shares. Based on an average daily volume of 4,022,192 shares, the days-to-cover ratio is presently 10.9 days. Currently, 26.3% of the shares of the company are sold short.

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

Who are CBL & Associates Properties' key executives?

CBL & Associates Properties' management team includes the folowing people:

  • Charles B. Lebovitz, Chairman of the Board
  • Stephen D. Lebovitz, President, Chief Executive Officer, Director
  • Farzana K. Mitchell, Chief Financial Officer, Executive Vice President, Treasurer
  • Augustus N. Stephas, Chief Operating Officer, Executive Vice President
  • Ben S. Landress, Executive Vice President - Management
  • Michael I. Lebovitz, Executive Vice President - Development and Administration
  • Jeffery V. Curry, Chief Legal Officer, Secretary
  • Gary L. Bryenton, Independent Director
  • A. Larry Chapman, Independent Director
  • Matthew S. Dominski, Independent Director

Who owns CBL & Associates Properties stock?

CBL & Associates Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include Adams Asset Advisors LLC (0.83%), Robeco Institutional Asset Management B.V. (0.61%) and Orinda Asset Management LLC (0.32%). Company insiders that own CBL & Associates Properties stock include Jeffery V Curry and Kathryn A Reinsmidt. View Institutional Ownership Trends 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 Robeco Institutional Asset Management B.V., Orinda Asset Management LLC and Adams Asset Advisors LLC. 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 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.

What is CBL & Associates Properties' stock price today?

One share of CBL & Associates Properties stock can currently be purchased for approximately $8.39.


MarketBeat Community Rating for CBL & Associates Properties (NYSE CBL)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  131 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  441
MarketBeat's community ratings are surveys of what our community members think about CBL & Associates Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CBL & Associates Properties (NYSE:CBL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.10)
Consensus Price Target: $10.25 (22.17% upside)
Consensus Price Target History for CBL & Associates Properties (NYSE:CBL)
Price Target History for CBL & Associates Properties (NYSE:CBL)
Analysts' Ratings History for CBL & Associates Properties (NYSE:CBL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/9/2017MizuhoReiterated RatingHold$9.00N/AView Rating Details
10/4/2017KeyCorpReiterated RatingHoldLowView Rating Details
8/7/2017Boenning ScattergoodReiterated RatingHoldHighView Rating Details
7/14/2017Stifel NicolausInitiated CoverageHold$8.25MediumView Rating Details
6/23/2017Barclays PLCReiterated RatingHold$9.00LowView Rating Details
6/16/2017Jefferies Group LLCReiterated RatingBuy$11.00LowView Rating Details
6/3/2017Morgan StanleyReiterated RatingUnderweight$10.00 -> $6.00LowView Rating Details
5/4/2017Hilliard LyonsDowngradeBuy$19.00 -> $17.50MediumView Rating Details
1/30/2017Citigroup Inc.UpgradeSell -> NeutralN/AView Rating Details
1/3/2017BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
8/12/2016Canaccord GenuityReiterated RatingHoldN/AView Rating Details
7/15/2016Goldman Sachs Group, Inc. (The)DowngradeNeutralN/AView Rating Details
5/5/2016J P Morgan Chase & CoReiterated RatingHoldN/AView Rating Details
11/16/2015Cowen and CompanyReiterated RatingMarket Perform$17.50 -> $13.50N/AView Rating Details
(Data available from 10/22/2015 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
11/2/2017$0.10N/AView Earnings Details
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: $2.25
2018 EPS Consensus Estimate: $2.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.52$0.54$0.53
Q2 20173$0.50$0.59$0.54
Q3 20173$0.53$0.56$0.55
Q4 20173$0.61$0.65$0.63
Q1 20181$0.54$0.54$0.54
Q2 20181$0.49$0.49$0.49
Q3 20181$0.53$0.53$0.53
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:10/16/2017
Annual Dividend:$1.06
Dividend Yield:12.63%
Dividend Growth:5.20% (3 Year Average)
Payout Ratio:179.66% (Trailing 12 Months of Earnings)
176.67% (Based on This Year's Estimates)
286.49% (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
8/24/2017Quarterly$0.2712.76%9/29/201710/2/201710/16/2017
6/5/2017quarterly$0.2713.71%6/28/20176/30/20177/17/2017
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: 11.74%
Institutional Ownership Percentage: 89.46%
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)
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CBL & Associates Properties (CBL) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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