CBL & Associates Properties, Inc. is a real estate investment trust, which owns and operates retail properties. The firm engages in owning, developing, acquiring, leasing, managing and operating regional shopping malls, open-air centers, community centers and office properties. It operates through Malls and All Other segments. Its properties include Malls, Associated Centers, Community Centers, Office Buildings, Construction Properties and Mortgages. The company was founded on July 13, 1993 and is headquartered in Chattanooga, TN.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:CBL
CUSIP12483010
Phone423-855-0001
Debt
Debt-to-Equity Ratio3.55
Current Ratio0.51
Quick Ratio0.51
Price-To-Earnings
Trailing P/E Ratio1.63
Forward P/E Ratio1.95
P/E Growth-0.65
Sales & Book Value
Annual Sales$927.25 million
Price / Sales0.63
Cash Flow$2.3379 per share
Price / Cash1.45
Book Value$7.23 per share
Price / Book0.47
Profitability
EPS (Most Recent Fiscal Year)$2.08
Net Income$120.94 million
Net Margins2.52%
Return on Equity1.76%
Return on Assets0.38%
Miscellaneous
Employees685
Outstanding Shares172,670,000
Market Cap$588.80 million
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 Monday, August 27th. Stockholders of record on Monday, October 1st will be given a dividend of $0.20 per share on Tuesday, October 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 23.46%. The ex-dividend date is Friday, September 28th. View CBL & Associates Properties' Dividend History.
How were CBL & Associates Properties' earnings last quarter?
CBL & Associates Properties, Inc. (NYSE:CBL) announced its quarterly earnings data on Wednesday, August, 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.04. The real estate investment trust earned $214.59 million during the quarter, compared to the consensus estimate of $210.72 million. CBL & Associates Properties had a return on equity of 1.76% and a net margin of 2.52%. The business's revenue was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.58 earnings per share. View CBL & Associates Properties' Earnings History.
When is CBL & Associates Properties' next earnings date?
How can I listen to CBL & Associates Properties' earnings call?
CBL & Associates Properties will be holding an earnings conference call on Tuesday, October 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.
What guidance has CBL & Associates Properties issued on next quarter's earnings?
CBL & Associates Properties updated its FY18 earnings guidance on Wednesday, August, 1st. The company provided EPS guidance of $1.70-1.80 for the period, compared to the Thomson Reuters consensus estimate of $1.73.
What price target have analysts set for CBL?
13 equities research analysts have issued twelve-month price objectives for CBL & Associates Properties' shares. Their predictions range from $3.00 to $5.00. On average, they expect CBL & Associates Properties' share price to reach $4.1875 in the next year. This suggests a possible upside of 22.8% from the stock's current price. View Analyst Price Targets for CBL & Associates Properties.
What is the consensus analysts' recommendation for CBL & Associates Properties?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBL & Associates Properties in the last year. There are currently 9 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Sell." 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 September. As of September 28th, there was short interest totalling 44,592,638 shares, an increase of 2.6% from the September 14th total of 43,473,002 shares. Based on an average daily trading volume, of 3,444,558 shares, the days-to-cover ratio is currently 12.9 days. Approximately 26.6% of the company's shares are sold short. View CBL & Associates Properties' Current Options Chain.
Who are some of CBL & Associates Properties' key competitors?
Some companies that are related to CBL & Associates Properties include Potlatchdeltic (PCH), Apollo Commercial Real Est. Finance (ARI), Acadia Realty Trust (AKR), Washington Real Estate Investment Trust (WRE), Pebblebrook Hotel Trust (PEB), DiamondRock Hospitality (DRH), QTS Realty Trust (QTS), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments (ROIC), MGM Growth Properties (MGP), Ladder Capital (LADR), Quality Care Properties (QCP), Lexington Realty Trust (LXP), Mack Cali Realty (CLI) and Chesapeake Lodging Trust (CHSP).
Who are CBL & Associates Properties' key executives?
CBL & Associates Properties' management team includes the folowing people:
- Stephen D. Lebovitz, Chief Executive Officer & Director
- Michael I. Lebovitz, President
- Farzana Khaleel Mitchell, Chief Financial Officer, Treasurer & Executive VP
- Chris Bursch, Vice President-Information Technology
- Katie A. Reinsmidt, Chief Investment Officer & Executive VP
Who are CBL & Associates Properties' major shareholders?
CBL & Associates Properties' stock is owned by many different of retail and institutional investors. Top institutional investors include Adams Asset Advisors LLC (0.52%), RMR Advisors LLC (0.31%), State of Alaska Department of Revenue (0.06%) and Orinda Asset Management LLC (0.05%). 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?
Which major investors are buying CBL & Associates Properties stock?
CBL stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and RMR 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 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 $3.41.
How big of a company is CBL & Associates Properties?
CBL & Associates Properties has a market capitalization of $588.80 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.
What is CBL & Associates Properties' official website?
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)
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.
