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

CBL & Associates Properties' stock was trading at $0.4018 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CBL stock has decreased by 37.8% and is now trading at $0.2501. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBL & Associates Properties in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." 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) announced its earnings results on Tuesday, May, 26th. The real estate investment trust reported ($0.75) earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $1.03. The real estate investment trust had revenue of $167.57 million for the quarter, compared to analyst estimates of $172.82 million. CBL & Associates Properties had a negative net margin of 16.54% and a negative return on equity of 14.73%. View CBL & Associates Properties' earnings history.

1 brokerages have issued 1-year price targets for CBL & Associates Properties' stock. Their forecasts range from $0.25 to $0.25. On average, they anticipate CBL & Associates Properties' stock price to reach $0.25 in the next year. This suggests that the stock has a possible downside of 0.0%. View analysts' price targets for CBL & Associates Properties.

News headlines about CBL stock have trended negative on Saturday, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CBL & Associates Properties earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the next few days. View the latest news about CBL & Associates Properties.

CBL & Associates Properties saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 27,950,000 shares, a decline of 26.2% from the May 31st total of 37,870,000 shares. Based on an average daily trading volume, of 6,870,000 shares, the short-interest ratio is currently 4.1 days. Currently, 18.0% 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), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Alexander's (ALX), Getty Realty (GTY), Macerich (MAC) and Acadia Realty Trust (AKR). 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."

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 $0.25.

CBL & Associates Properties has a market capitalization of $48.01 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]