CBL & Associates Properties, Inc. (CBL)
| Market Cap | 884.81M |
| Revenue (ttm) | 523.58M |
| Net Income (ttm) | 31.68M |
| Shares Out | 30.75M |
| EPS (ttm) | 1.01 |
| PE Ratio | 28.47 |
| Forward PE | n/a |
| Dividend | $1.60 (5.56%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 171,971 |
| Open | 28.07 |
| Previous Close | 28.23 |
| Day's Range | 28.03 - 28.95 |
| 52-Week Range | 20.97 - 28.95 |
| Beta | 1.48 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 11, 2024 |
About CBL
Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s owned and managed portfolio is comprised of 94 properties totaling 58.5 million square feet across 22 states, including 56 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable rein... [Read more]
Financial Performance
Financial StatementsNews
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
CBL & Associates Properties Vs. SITE Centers: Which Is The Better REIT For 2025
CBL & Associates Properties and SITE Centers are REITs focused on retail real estate, with reported occupancy rates indicating poor competitive dynamics. CBL funds a greater proportion of its capital ...
CBL Properties Reports Strong Results for Third Quarter 2024
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) announced results for the third quarter ended September 30, 2024. Results of operations as reported in the consolidated financial statem...
CBL Properties Accelerates Payment of Previously Declared Fourth Quarter Common Stock Dividend
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors had approved an accelerated record and payment date for the cash dividend of $0.40 per common...
CBL Properties Announces Crunch Fitness Set to Open at Hamilton Place in Chattanooga, Tennessee
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced Crunch Fitness opens at Hamilton Place in Chattanooga, Tennessee, today, as one of the final components of the property's...
CBL Properties Declares Fourth Quarter Common Stock Dividend
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a cash dividend of $0.40 per common share for the quarter ending December 31, 20...
8 Dividend Stocks On My Buy List As Inflation Keeps Dropping
Disinflationary trends persist, with CPI showing a steady decline, despite media drama over slightly higher-than-expected figures; energy stocks remain attractive for long-term investors. Realty Incom...
CBL Properties Announces Block Share Repurchase
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that it completed the repurchase of 500,000 shares of CBL stock for $12.525 million, in a privately negotiated block trad...
My 3 Worst REIT Investments Ever
My portfolio has done very well lately. But I have had quite a few setbacks in recent years. I review some of my worst REIT investments ever.
CBL Properties Announces Sale of Layton Hills Convenience Center, Layton Hills Plaza and Nine Related Outparcels for $28.5 Million
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that it had closed on the sale of Layton Hills Convenience Center, Layton Hills Plaza and nine related outparcels in Layt...
CBL & Associates: 41% Variable-Rate Debt Set To Boost Cash Flows In 2025
CBL & Associates Properties is a retail REIT, deriving a majority of its net operating income from enclosed malls. The REIT has marginally outperformed the Vanguard Real Estate Index Fund ETF in 2024....
CBL Properties Reports Strong Results for Second Quarter 2024
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) announced results for the second quarter ended June 30, 2024. Results of operations as reported in the consolidated financial statements...
CBL Properties Declares Third Quarter Common Stock Dividend
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a cash dividend of $0.40 per common share for the quarter ending September 30, 2...
CBL Properties Announces Sale of Layton Hills Mall for $37.125 Million
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that it had closed on the sale of Layton Hills Mall in Layton (Salt Lake City), UT, to Second Horizon Capital for $37.125...
7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts ...
CBL Properties Celebrates Opening of New Medical Office Building at Friendly Center in Greensboro, North Carolina
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Today CBL Properties (NYSE:CBL) announced that Atrium Health Wake Forest Baptist Medical Plaza has opened at Friendly Center in Greensboro, North Carolina. The new...
CBL Properties Elevates Tenant Mix at Mayfaire Town Center in Wilmington, North Carolina With Several Key Additions
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Today CBL Properties (NYSE:CBL) announced the addition of several new and exciting stores at Mayfaire Town Center in Wilmington, NC, including Free People and FP M...
Sell These 11 REITs While You Still Can
The next two to five years probably will not be kind to REITs. Weak REITs with messy balance sheets, weak forecast for FFO growth, unsafe dividends, and/or overvaluation are likely to suffer the most ...
CBL Properties Reports Strong Results for First Quarter 2024
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) announced results for the first quarter ended March 31, 2024. Results of operations as reported in the consolidated financial statements...
CBL Properties Declares Second Quarter Common Stock Dividend
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a cash dividend of $0.40 per common share for the quarter ending June 30, 2024. ...
CBL Properties and MINISO Partner to Expand Its U.S. Presence to Thirteen CBL Malls
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Today CBL Properties (NYSE:CBL) announced it has executed multiple deals with global lifestyle retailer MINISO, expanding the brand's presence to a dozen new marke...
CBL & Associates: An Attractive Buy Before Fed Rate Cuts
CBL Properties NOI declined 1.5% in 2023, with a further 0.3% drop expected for 2024. AFFO was down 15.5% in 2023, with a 3.8% decrease to about $6.41/share projected in 2024. CBL's debt-heavy capital...