NYSE:CBLCBL & Associates Properties Stock Price, Forecast & News

CBL & Associates Properties' stock was trading at $0.4018 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CBL stock has decreased by 19.1% and is now trading at $0.3250. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBL & Associates Properties in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CBL & Associates Properties.

CBL & Associates Properties is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for CBL & Associates Properties.

CBL & Associates Properties, Inc. (NYSE:CBL) released its quarterly earnings data on Tuesday, May, 26th. The real estate investment trust reported ($0.75) EPS for the quarter, missing the Zacks' consensus estimate of $0.28 by $1.03. The real estate investment trust had revenue of $167.57 million for the quarter, compared to analysts' expectations of $172.82 million. CBL & Associates Properties had a negative net margin of 16.54% and a negative return on equity of 14.14%. View CBL & Associates Properties' earnings history.

2 analysts have issued 1 year price targets for CBL & Associates Properties' stock. Their forecasts range from $0.25 to $0.82. On average, they anticipate CBL & Associates Properties' stock price to reach $0.54 in the next twelve months. This suggests a possible upside of 64.6% from the stock's current price. View analysts' price targets for CBL & Associates Properties.

News stories about CBL stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CBL & Associates Properties earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutCBL & Associates Properties.

CBL & Associates Properties saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 33,760,000 shares, a decrease of 11.2% from the April 30th total of 38,010,000 shares. Based on an average daily trading volume, of 3,750,000 shares, the days-to-cover ratio is currently 9.0 days. Approximately 22.0% of the company's shares are short sold. View CBL & Associates Properties' Current Options Chain.

Some companies that are related to CBL & Associates Properties include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Alexander's (ALX), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Getty Realty (GTY), Acadia Realty Trust (AKR) and Macerich (MAC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CBL & Associates Properties investors own include Energy Transfer LP Unit (ET), Western Asset Mortgage Capital (WMC), New Residential Investment (NRZ), NGL Energy Partners (NGL), Washington Prime Group (WPG), AT&T (T), SunCoke Energy Partners (SXCP), Pennsylvania R.E.I.T. (PEI), Cornerstone Total Return Fund (CRF) and Centurylink (CTL).

CBL & Associates Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBL."

CBL & Associates Properties' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (13.61%), Contrarius Investment Management Ltd (5.03%), State Street Corp (3.89%), Geode Capital Management LLC (1.69%), Invesco Ltd. (1.61%) and Bank of New York Mellon Corp (1.40%). Company insiders that own CBL & Associates Properties stock include Michael I Lebovitz, Michael L Ashner and Stephen D Lebovitz. View institutional ownership trends for CBL & Associates Properties.

CBL stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Parametric Portfolio Associates LLC, Morgan Stanley, UBS Group AG, Principal Financial Group Inc., Asset Management One Co. Ltd., and Nuveen Asset Management LLC. Company insiders that have sold CBL & Associates Properties company stock in the last year include Michael I Lebovitz, Michael L Ashner, and Stephen D Lebovitz. View insider buying and selling activity for CBL & Associates Properties.

CBL stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Contrarius Investment Management Ltd, Lido Advisors LLC, Wealthstreet Investment Advisors LLC, Two Sigma Advisers LP, Geode Capital Management LLC, State Street Corp, and Wells Fargo & Company MN. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of CBL stock can currently be purchased for approximately $0.33.

CBL & Associates Properties has a market capitalization of $62.39 million and generates $768.16 million in revenue each year. The real estate investment trust earns $-108,780,000.00 in net income (profit) each year or $1.36 on an earnings per share basis. CBL & Associates Properties employs 509 workers across the globe.

The official website for CBL & Associates Properties is www.cblproperties.com.

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]