NYSE:CBL - CBL & Associates Properties Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$5.64 +0.28 (+5.22 %)
(As of 06/19/2018 02:14 AM ET)
Previous Close$5.64
Today's Range$5.35 - $5.65
52-Week Range$3.80 - $9.67
Volume4.06 million shs
Average Volume3.82 million shs
Market Capitalization$925.47 million
P/E Ratio2.71
Dividend Yield14.79%
Beta1.21
CBL & Associates Properties logoHeadquartered in Chattanooga, TN, CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 119 properties, including 76 regional malls/open-air centers. The properties are located in 27 states and total 74.4 million square feet including 6.2 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.

Receive CBL News and Ratings via Email

Sign-up to receive the latest news and ratings for CBL and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio3.35
Current Ratio0.51
Quick Ratio0.51

Price-To-Earnings

Trailing P/E Ratio2.71
Forward P/E Ratio3.24
P/E Growth-1.03

Sales & Book Value

Annual Sales$927.25 million
Price / Sales1.05
Cash Flow$2.4737 per share
Price / Cash2.28
Book Value$7.23 per share
Price / Book0.78

Profitability

EPS (Most Recent Fiscal Year)$2.08
Net Income$120.94 million
Net Margins9.65%
Return on Equity5.59%
Return on Assets1.23%

Miscellaneous

Employees685
Outstanding Shares172,660,000

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 Friday, June 1st. Investors of record on Monday, July 2nd will be paid a dividend of $0.20 per share on Monday, July 16th. This represents a $0.80 annualized dividend and a dividend yield of 14.18%. The ex-dividend date of this dividend is Friday, June 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 Thursday, April, 26th. The real estate investment trust reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by $0.48. The real estate investment trust had revenue of $220.20 million for the quarter, compared to analyst estimates of $215.60 million. CBL & Associates Properties had a net margin of 9.65% and a return on equity of 5.59%. 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 Wednesday, August, 1st 2018. View Earnings Estimates for CBL & Associates Properties.

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

CBL & Associates Properties updated its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $1.70-1.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.76.

What price target have analysts set for CBL?

13 equities research analysts have issued 1-year target prices for CBL & Associates Properties' shares. Their forecasts range from $3.00 to $6.50. On average, they expect CBL & Associates Properties' stock price to reach $4.4375 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 39,529,248 shares, an increase of 12.6% from the April 30th total of 35,114,819 shares. Based on an average trading volume of 3,307,177 shares, the days-to-cover ratio is currently 12.0 days. Currently, 23.6% of the shares of the stock are short sold.

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:
  • Mr. Charles B. Lebovitz, Chairman (Age 81)
  • Mr. Stephen D. Lebovitz, Pres, CEO & Director (Age 57)
  • Ms. Farzana Khaleel Mitchell CPA, Exec. VP, Treasurer & CFO (Age 66)
  • Mr. Augustus N. Stephas, Exec. VP & COO (Age 75)
  • Mr. Michael I. Lebovitz, Exec. VP of Devel. & Admin. (Age 54)

Has CBL & Associates Properties been receiving favorable news coverage?

Headlines about CBL stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CBL & Associates Properties earned a media sentiment score of 0.14 on Accern's scale. They also assigned news coverage about the real estate investment trust an impact score of 46.04 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are CBL & Associates Properties' major shareholders?

CBL & Associates Properties' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.56%), Robeco Institutional Asset Management B.V. (2.47%), Schroder Investment Management Group (2.09%), Northern Trust Corp (1.92%), Schwab Charles Investment Management Inc. (1.86%) and Principal Financial Group Inc. (0.78%). 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 institutional investors are selling CBL & Associates Properties stock?

CBL stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, JPMorgan Chase & Co., Schroder Investment Management Group, Russell Investments Group Ltd., Evergreen Capital Management LLC, D.A. Davidson & CO., Jane Street Group LLC and Guggenheim Capital LLC. View Insider Buying and Selling for CBL & Associates Properties.

Which institutional investors are buying CBL & Associates Properties stock?

CBL stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Northwestern Mutual Investment Management Company LLC, Zweig DiMenna Associates LLC, BlackRock Inc., Schwab Charles Investment Management Inc., Teachers Insurance & Annuity Association of America, Greenwich Investment Management Inc. and BNP Paribas Arbitrage SA. 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 $5.64.

How big of a company is CBL & Associates Properties?

CBL & Associates Properties has a market capitalization of $925.47 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)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  372 (Vote Underperform)
Total Votes:  555
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 6/19/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.