CBL Properties, Inc. (CBL)

NYSE: CBL · IEX Real-Time Price · USD
26.29
+0.87 (3.42%)
Sep 28, 2022 4:00 PM EDT - Market closed
3.42%
Market Cap 836.92M
Revenue (ttm) 385.97M
Net Income (ttm) -40.61M
Shares Out 31.83M
EPS (ttm) -5.09
PE Ratio n/a
Forward PE n/a
Dividend $0.50 (1.90%)
Ex-Dividend Date Sep 14, 2022
Volume 64,065
Open 25.58
Previous Close 25.42
Day's Range 25.40 - 26.50
52-Week Range 21.66 - 43.50
Beta n/a
Analysts Buy
Price Target 35.70 (+35.8%)
Earnings Date Nov 14, 2022

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 portfolio is comprised of 106 properties totaling 65.7 million square feet across 25 states, including 64 high quality enclosed, outlet and open-air retail centers and 8 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. [Read more...]

Industry REIT-Retail
IPO Date Oct 27, 1993
CEO Stephen Lebovitz
Employees 400
Stock Exchange NYSE
Ticker Symbol CBL
Full Company Profile

Financial Performance

In 2020, CBL Properties's revenue was $575.86 million, a decrease of -25.09% compared to the previous year's $768.70 million. Losses were -$295.08 million, 171.3% more than in 2019.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CBL stock is "Buy." The 12-month stock price forecast is 35.7, which is an increase of 35.79% from the latest price.

Price Target
$35.7
(35.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Susan G. Komen® MORE THAN PINK Walk Raises Money for Breast Cancer Research and Patient Navigation Services in Nashville

NASHVILLE, Tenn. , Sept. 15, 2022 /PRNewswire/ -- Susan G.

1 week ago - PRNewsWire

Build-A-Bear, CBL & Associates See Activist Action

These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity's attaining more than 5% in any class of a company's securities.

Other symbols: BBW
2 weeks ago - Market Watch

CBL Properties Adopts a Limited Duration Stockholder Protection Rights Agreement

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) (“CBL” or the “Company”) announced that its Board of Directors today adopted a Stockholder Protection Rights Agreement (“Rights A...

2 weeks ago - Business Wire

CBL Properties Announces CFO Transition Plan

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced that Farzana Khaleel will step down as CBL's executive vice president – chief financial officer as of December 31...

3 weeks ago - Business Wire

CBL Properties Reports Strong Results for Second Quarter 2022

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) announced results for the second quarter ended June 30, 2022. Financial results for the periods from January 1, 2021, through Jun...

1 month ago - Business Wire

CBL Properties Declares Third Quarter Common Stock Dividend

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE:CBL) today announced that its board of directors has declared a dividend of $0.25 per common share, payable in all cash, for the quarte...

1 month ago - Business Wire

CBL Properties Welcomes Jeff Kivitz to Its Board of Directors

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced that Jeff Kivitz has been appointed to the company's board of directors. Mr. Kivitz was also appointed to serve a...

1 month ago - Business Wire

CBL Properties Celebrates Completion of Multiple Redevelopment Projects Across Its Portfolio

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE:CBL) today announced completed redevelopment projects at Kirkwood Mall in Bismarck, North Dakota; Sunrise Mall in Brownsville, Texas; a...

2 months ago - Business Wire

CBL Properties Establishes Regular Quarterly Common Stock Dividend

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE:CBL) today announced that its Board of Directors has established a regular quarterly cash dividend. The Board of Directors declared a d...

2 months ago - Business Wire

CBL Properties Partners With Susan G. Komen to Host ‘MORE THAN PINK' Walk at Hamilton Place in Chattanooga and CoolSp...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE:CBL) today announced that it has partnered with the Tennessee, Mississippi, & Alabama chapter of Susan G. Komen, the world's leading br...

3 months ago - Business Wire

CBL Properties Completes Full Redemption of 10% Senior Secured Notes Utilizing Proceeds From a New $360 Million Non-R...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced that its wholly owned subsidiary, CBL & Associates Holdco II, LLC, had completed the redemption of all $335.0 mil...

3 months ago - Business Wire

CBL Properties Provides Updated Investor Presentation

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced that its latest investor presentation is available on its website. The presentation can be accessed under the Investor Rel...

3 months ago - Business Wire

CBL Properties Announces Full Redemption of 10% Senior Secured Notes Utilizing Proceeds From a New $360 Million Non-R...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced the planned redemption of all $335.0 million outstanding 10% Senior Secured Notes. CBL will fund the redemption u...

4 months ago - Business Wire

CBL Properties Completes Partial Redemption of 10% Senior Secured Notes Utilizing Proceeds From New $65 Million Secur...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced that it has completed a partial redemption of outstanding 10% Senior Secured Notes. The Notes were redeemed utili...

4 months ago - Business Wire

CBL Properties Reports Results for First Quarter 2022 and Increases Full Year Guidance

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) announced results for the first quarter ended March 31, 2022. Financial results for the periods from January 1, 2021, through Mar...

4 months ago - Business Wire

CBL Properties Welcomes Jon Meshel Back to CBL as Senior Vice President – Redevelopment

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE:CBL) today announced that Jon Meshel has rejoined CBL as senior vice president – redevelopment after spending the last three years over...

4 months ago - Business Wire

CBL Properties Closes New $40.0 Million Loan Secured by The Shoppes at Eagle Point

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced that, along with its 50% joint venture partners, it has closed on a new $40.0 million, ten-year, non-recourse loa...

5 months ago - Business Wire

CBL Properties Announces New $65 Million Secured Financing and Anticipated Partial Redemption of 10% Senior Secured N...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced that it has entered into a term sheet for a new $65.0 million non-recourse loan. CBL also announced a partial red...

5 months ago - Business Wire

CBL Properties Reports Results for Fourth Quarter and Full-Year 2021

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) announced results for the fourth quarter and year ended December 31, 2021. A description of each supplemental non-GAAP financial ...

5 months ago - Business Wire

CBL Properties Joins Over 2,000 CEOs in Major Commitment to Advance Diversity and Inclusion in the Workplace

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) has joined the growing coalition of companies pledging to advance diversity and inclusion in the workplace. Over 2,000 CEOs have ...

5 months ago - Business Wire

CBL Properties Completes Extension and Modification of $134.1 Million Non-Recourse Loan Secured by Fayette Mall

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced that it had closed on the extension and modification of the $134.1 million non-recourse loan secured by Fayette M...

6 months ago - Business Wire

CBL Properties Completes Exchange of 7% Exchangeable Secured Notes

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (“CBL & Associates Properties, Inc.,” “CBL,” or the “Company”) (NYSE: CBL) today announced that its wholly-owned subsidiary, CBL & Associates Holdco I...

7 months ago - Business Wire

CBL Properties Announces DEI Partnership With Hinton & Company

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced that it has partnered with Hinton & Company on its diversity, equity, inclusion, and belonging initiatives. Found...

7 months ago - Business Wire

EVgo and CBL Properties Partner to Expand Public Fast Charging at Retail Locations, Bringing Convenient Charging Amen...

LOS ANGELES--(BUSINESS WIRE)--EVgo and CBL Properties announced a partnership to add EVgo fast charging to select retail locations, including the first EVgo station in Kansas.

Other symbols: EVGO
8 months ago - Business Wire

CBL Properties Opens More Than 1.7 Million Square Feet of New Retail, Dining, Entertainment, and Other Uses in 2021 W...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced that more than 1.7 million square feet of new retail, dining, entertainment, and other uses have opened across it...

9 months ago - Business Wire