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About CBL & Associates Properties (NYSE:CBL)
Headquartered 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.
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 Ratio2.32
Forward P/E Ratio2.76
P/E Growth-0.91
Sales & Book Value
Annual Sales$927.25 million
Price / Sales0.90
Cash Flow$2.3911 per share
Price / Cash2.02
Book Value$7.27 per share
Price / Book0.66
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 Thursday, February 22nd. Investors 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 dividend on an annualized basis and a yield of 16.56%. 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) posted its quarterly earnings data on Thursday, April, 26th. The real estate investment trust reported ($0.06) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.42 by $0.48. The real estate investment trust had revenue of $220.20 million for the quarter, compared to the consensus estimate 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?
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 earnings per share 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 brokerages have issued 12 month price objectives for CBL & Associates Properties' shares. Their predictions range from $3.00 to $6.50. On average, they anticipate CBL & Associates Properties' stock price to reach $4.5625 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 the month of 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 daily volume of 3,307,177 shares, the days-to-cover ratio is presently 12.0 days. Currently, 23.6% of the company's stock are sold short.
Who are some of CBL & Associates Properties' key competitors?
Some companies that are related to CBL & Associates Properties include PS Business Parks (PSB), Taubman Centers (TCO), EastGroup Properties (EGP), Potlatchdeltic (PCH), AmeriCold Realty Trust (COLD), MFA Financial (MFA), National Health Investors (NHI), Geo Group (GEO), Colony NorthStar (CLNS), Keppel REIT (KREVF), Pebblebrook Hotel Trust (PEB), Brandywine Realty Trust (BDN), Corporate Office Properties Trust (OFC), DDR (DDR) and Empire State Realty (ESRT).
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 trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. 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 news impact score of 0.14 on Accern's scale. They also gave news stories about the real estate investment trust an impact score of 47.41 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are CBL & Associates Properties' major shareholders?
CBL & Associates Properties' stock is owned by a variety of of retail and institutional investors. Top institutional investors 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 major 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 major investors are buying CBL & Associates Properties stock?
CBL stock was bought 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 $4.83.
How big of a company is CBL & Associates Properties?
CBL & Associates Properties has a market capitalization of $820.15 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.
13 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 $4.5625, suggesting that the stock has a possible downside of 5.54%. The high price target for CBL is $6.50 and the low price target for CBL is $3.00. There are currently 8 sell ratings and 5 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: | 1.38 | 1.33 | 1.33 | 1.58 |
| Ratings Breakdown: | 8 Sell Rating(s)
5 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) | 5 Sell Rating(s)
7 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $4.5625 | $6.4688 | $7.3056 | $9.7222 |
| Price Target Upside: | 5.54% downside | 46.35% upside | 51.57% upside | 72.69% upside |
CBL & Associates Properties (NYSE:CBL) Consensus Price Target History
CBL & Associates Properties (NYSE:CBL) Analyst Ratings History
Show:
(Data available from 5/26/2016 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 16.56%. 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: | 16.56% |
| Dividend Growth: | 2.70% (3 Year Average) |
| Payout Ratio(s): | 38.46% (Trailing 12 Months of Earnings)
45.71% (Based on This Year's Estimates)
47.62% (Based on Next Year's Estimates)
33.46% (Based on Cash Flow)
|
| 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: 76.64%
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) Expected to Post Quarterly Sales of $206.55 Million
www.americanbankingnews.com - May 24 at 8:20 AM |
 | Ikea cancels plans for Cary store
finance.yahoo.com - May 23 at 4:41 PM |
| CBL & Associates Properties (CBL) Expected to Post Earnings of $0.43 Per Share
www.americanbankingnews.com - May 22 at 5:23 AM |
| CBL Properties (CBL) Adds Leisure Facility to Jefferson Mall
finance.yahoo.com - May 17 at 4:41 PM |
| Q2 2018 EPS Estimates for CBL & Associates Properties (CBL) Reduced by Jefferies Group
www.americanbankingnews.com - May 17 at 8:00 AM |
| CBL Properties Announces New Entertainment Anchor at Jefferson Mall in Louisville, Kentucky
finance.yahoo.com - May 16 at 9:43 AM |
| Financially Sound Real Estate Stocks Selling At A Discount
finance.yahoo.com - May 14 at 4:43 PM |
| CBL Properties CEO on the future of malls
finance.yahoo.com - May 9 at 4:43 PM |
| CBL & Associates Properties (CBL) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - May 8 at 8:04 PM |
| CBL & Associates Properties (CBL) Given Consensus Recommendation of "Sell" by Brokerages
www.americanbankingnews.com - May 6 at 7:33 PM |
| CBL & Associates Properties (CBL) Expected to Post Quarterly Sales of $207.90 Million
www.americanbankingnews.com - May 6 at 2:20 AM |
| $0.43 EPS Expected for CBL & Associates Properties (CBL) This Quarter
www.americanbankingnews.com - May 4 at 9:23 PM |
 | Tanger Factory leads mall players lower
seekingalpha.com - May 4 at 4:46 PM |
| CBL & Associates Properties (CBL) Lowered to "Sell" at ValuEngine
www.americanbankingnews.com - May 3 at 10:04 PM |
| This 19.2% Yielding REIT Is Off To A Good Start
seekingalpha.com - May 3 at 9:07 AM |
| 3 Potential Dividend Yield Traps
finance.yahoo.com - May 2 at 4:43 PM |
| FY2018 Earnings Forecast for CBL & Associates Properties (CBL) Issued By Boenning Scattergood
www.americanbankingnews.com - May 2 at 9:42 AM |
| CBL closes on cash-out refi of shopping center
seekingalpha.com - April 30 at 4:43 PM |
| CBL Properties Closes 10-Year Fixed Rate Non-Recourse Loan Secured by CoolSprings Galleria in Nashville, TN
finance.yahoo.com - April 30 at 4:43 PM |
| CBL & Associates Properties (CBL) Given a $4.00 Price Target at Boenning Scattergood
www.americanbankingnews.com - April 30 at 11:08 AM |
| CBL & Associates Properties (CBL) Stock Rating Reaffirmed by BTIG Research
www.americanbankingnews.com - April 29 at 9:17 AM |
| CBL & Associates Properties' (CBL) CEO Stephen Lebovitz on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - April 28 at 9:36 AM |
| Edited Transcript of CBL earnings conference call or presentation 27-Apr-18 3:00pm GMT
finance.yahoo.com - April 28 at 9:36 AM |
| CBL & Associates Properties (CBL) Downgraded by TheStreet to "D"
www.americanbankingnews.com - April 28 at 9:14 AM |
| CBL & Associates Properties (CBL) Posts Earnings Results, Misses Expectations By $0.38 EPS
www.americanbankingnews.com - April 27 at 6:16 PM |
 | CBL: 1Q Earnings Snapshot
www.foxnews.com - April 27 at 4:37 PM |
| CBL & Associates Properties (CBL) PT Lowered to $4.25
www.americanbankingnews.com - April 27 at 11:21 AM |
| Mr. Market Is Shocked That CBL Properties Management Planned Ahead
seekingalpha.com - April 27 at 9:40 AM |
| CBL & Associates Properties (CBL) Releases FY18 Earnings Guidance
www.americanbankingnews.com - April 26 at 5:16 PM |
| CBL & Associates Properties misses by $0.01, beats on revenue
seekingalpha.com - April 26 at 4:40 PM |
| CBL Properties Reports Results for First Quarter 2018
finance.yahoo.com - April 26 at 4:40 PM |
| CBL & Associates: Why Are Shorts So Interested?
seekingalpha.com - April 24 at 4:37 PM |
| The Staenberg Group buys Sears building at Chesterfield Mall
finance.yahoo.com - April 24 at 9:08 AM |
| CBL & Associates Properties (CBL) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - April 24 at 5:17 AM |
| 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 (NYSE:CBL) SEC Filings
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CBL & Associates Properties (NYSE:CBL) Income Statement, Balance Sheet and Cash Flow Statement
CBL & Associates Properties (NYSE CBL) Stock Chart for Saturday, May, 26, 2018
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