CBL & Associates Properties (CBL) Stock Price, News & Analysis

Company Overview

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 108 properties totaling 68.2 million square feet across 26 states, including 68 high-quality enclosed, outlet and open-air retail centers and 9 properties managed for third parties. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties.

Key Stats

• Today's Range: $28.03 to $28.95
• 50-Day Range: $0.09 to $172.00
• 52-Week Range: $0.09 to $1.78
• Volume: 173,421 shs
• Average Volume: 96,435 shs
• Market Capitalization: $884.68 million
• P/E Ratio: 28.21
• Dividend Yield: 5.56%
• Price Target: N/A
• Consensus Rating: N/A

CBL & Associates Properties Stock Analysis - MarketRank™

CBL & Associates Properties scored higher than 18% of companies evaluated by MarketBeat, and ranked 874th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for CBL & Associates Properties.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of CBL & Associates Properties is 28.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of CBL & Associates Properties is 28.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.70.

Price to Book Value per Share Ratio

CBL & Associates Properties has a P/B Ratio of 2.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.20% of the float of CBL & Associates Properties has been sold short.

Short Interest Ratio / Days to Cover

CBL & Associates Properties has a short interest ratio ("days to cover") of 9.2.

Change versus previous month

Short interest in CBL & Associates Properties has recently increased by 0.62%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

CBL & Associates Properties is a leading dividend payer. It pays a dividend yield of 5.67%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

CBL & Associates Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CBL & Associates Properties is 156.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.20% of the float of CBL & Associates Properties has been sold short.

Short Interest Ratio / Days to Cover

CBL & Associates Properties has a short interest ratio ("days to cover") of 9.2.

Change versus previous month

Short interest in CBL & Associates Properties has recently increased by 0.62%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

2 people have searched for CBL on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, CBL & Associates Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $96,138.00 in company stock.

Percentage Held by Insiders

Only 3.10% of the stock of CBL & Associates Properties is held by insiders.

Percentage Held by Institutions

83.55% of the stock of CBL & Associates Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CBL Stock Analysis - Frequently Asked Questions

How were CBL & Associates Properties' earnings last quarter?

CBL & Associates Properties, Inc. (NYSE:CBL) posted its quarterly earnings results on Monday, February, 12th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.73. The real estate investment trust earned $139.71 million during the quarter. CBL & Associates Properties had a net margin of 6.27% and a trailing twelve-month return on equity of 10.56%.

Who are CBL & Associates Properties' major shareholders?

CBL & Associates Properties' top institutional investors include Littlejohn & Co. LLC (5.26%), Strategic Value Partners LLC (5.03%), State Street Corp (1.90%) and Geode Capital Management LLC (1.58%). Insiders that own company stock include Stephen D Lebovitz, Charles B Lebovitz, Jeffery V Curry, David J Contis, Michael I Lebovitz, Benjamin W Jaenicke, Jonathan M Heller, Andrew Franklin Cobb, David Michael Fields, Marjorie L Bowen, Svp Special Situations Iv Llc, Svp Excelsior Management Llc, Oaktree Capital Management Gp,, Brookfield Asset Management In and Oaktree Capital Group Holdings.
View institutional ownership trends.

What other stocks do shareholders of CBL & Associates Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CBL & Associates Properties investors own include Energy Transfer (ET), AT&T (T), Western Asset Mortgage Capital (WMC), Ford Motor (F), SunCoke Energy Partners (SXCP), Rithm Capital (RITM) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 2/12/2024
• Today: 11/21/2024
• Ex-Dividend for 12/11 Dividend: 11/25/2024
• Dividend Payable: 12/11/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/10/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:CBL
• CUSIP: 12483010
• CIK: 910612
• Web: www.cblproperties.com
• Phone: 423-855-0001
• Fax: N/A
• Employees: 493
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.02
• Trailing P/E Ratio: 28.22
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $6.55 million
• Net Margins: 6.27%
• Pretax Margin: 5.77%
• Return on Equity: 10.42%
• Return on Assets: 1.39%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.09
• Quick Ratio: 0.09

Sales & Book Value

• Annual Sales: $535.29 million
• Price / Sales: 1.65
• Cash Flow: $7.99 per share
• Price / Cash Flow: 3.60
• Book Value: $10.33 per share
• Price / Book: 2.79

Miscellaneous

• Outstanding Shares: 30,750,000
• Free Float: 29,796,000
• Market Cap: $884.99 million
• Optionable: Optionable
• Beta: 1.45