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CBL Properties, Inc. (CBL)

NYSE: CBL · IEX Real-Time Price · USD
30.69
-0.31 (-1.00%)
At close: Dec 3, 2021 4:00 PM
29.75
-0.94 (-3.06%)
After-hours:Dec 3, 2021 7:37 PM EST
Market Cap6.03B
Revenue (ttm)553.82M
Net Income (ttm)-152.79M
Shares Out196.46M
EPS (ttm)-1.59
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume55,045
Open30.61
Previous Close31.00
Day's Range30.00 - 30.95
52-Week Range26.25 - 43.50
Beta2.57
Analystsn/a
Price Targetn/a
Earnings DateNov 15, 2021

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateOct 27, 1993
CEOStephen Lebovitz
Employees418
Stock ExchangeNYSE
Ticker SymbolCBL
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

News

CBL Properties Announces Exercise of Company Optional Exchange Right Under 7% Exchangeable Secured Notes

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

2 days ago - Business Wire

CBL Properties and Volta Partner to Bring EV Charging Stations to Select Properties

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) and Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, have partnered to off...

2 weeks ago - Business Wire

CBL Properties Completes Sale of JV Storage Portfolio

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) today announced the sale of its self-storage portfolio for a gross sales price of $42.0 million ($22.0 million at CBL's share). A...

2 weeks ago - Business Wire

CBL Properties Reports Results for Third Quarter 2021

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE: CBL) announced results for the third quarter ended September 30, 2021. A description of each supplemental non-GAAP financial measure a...

2 weeks ago - Business Wire

Marks' Oaktree Gains CBL & Associates Properties Stake Following Reorganization

Oaktree Capital Management disclosed a stake in CBL & Associates Properties Inc. ( CBL , Financial) earlier this week.

3 weeks ago - GuruFocus

CBL Properties Launches New Corporate Website

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (NYSE:CBL) today announced that upon its successful emergence from bankruptcy on November 1st, it has launched a new corporate website as wel...

1 month ago - Business Wire

CBL Properties Exits Chapter 11

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced that it successfully completed its Chapter 11 reorganization. CBL emerged with a significantly improved capital structure,...

1 month ago - Business Wire

CBL Properties Anticipates Relisting on the NYSE Following Emergence From Chapter 11

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced that following its planned emergence from the Chapter 11 restructuring process on November 1, 2021, the common stock of th...

1 month ago - Business Wire

CBL Properties Introduces Post-Emergence Board of Directors

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (OTCMKTS:CBLAQ) today announced members of the Board of Directors selected to serve following its emergence from Chapter 11 on November 1st. Jonathan ...

1 month ago - Business Wire

Jonathan Heller Joins CBL Properties' Board of Directors

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (OTCMKTS:CBLAQ) today announced that Jonathan Heller has been appointed to the company's board of directors. “We are pleased to welcome Jonathan to CB...

1 month ago - Business Wire

CBL Properties Generates $13.75 Million From Recently Closed Asset Sales

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (OTCMKTS:CBLAQ) today announced that it closed on two strategic asset sales generating gross proceeds of approximately $13.75 million. The Company has...

1 month ago - Business Wire

CBL Properties Announces Promotions

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (OTCMKTS:CBLAQ) today announced a number of promotions including two promotions to Executive Vice President and six to Senior Vice President as well a...

2 months ago - Business Wire

CBL Properties Celebrates Opening of Hollywood Casino at York Galleria Mall in York, Pennsylvania

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (OTCMKTS:CBLAQ) today announced the grand opening of Hollywood Casino, a nearly $120 million entertainment destination developed by Penn National Gami...

3 months ago - Business Wire

CBL Properties Reports Results for Second Quarter 2021

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (OTCMKTS: CBLAQ) announced results for the second quarter ended June 30, 2021. A description of each supplemental non-GAAP financial measure and the r...

3 months ago - Business Wire

CBL Properties and Vision Hospitality Group Celebrate the Opening of Aloft by Marriott Hotel at Hamilton Place in Cha...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (OTCMKTS:CBLAQ) and partner Vision Hospitality Group, Inc. celebrated the grand opening of Aloft by Marriott hotel as part of the Hamilton Place Sears...

5 months ago - Business Wire

CBL Properties Announces New Tenants for Kirkwood Mall Redevelopment Project in Bismarck, North Dakota

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (OTCMKTS:CBLAQ) today announced two new tenants as part of the former Herberger's redevelopment at Kirkwood Mall in Bismarck, North Dakota. Kirkwood M...

5 months ago - Business Wire

CBL Properties Announces Addition of Rooms to Go at Cross Creek Mall in Fayetteville, North Carolina

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (OTCMKTS:CBLAQ) today announced the addition of Rooms To Go as part of the redevelopment of the Sears parcel at Cross Creek Mall in Fayettevi...

10 months ago - Business Wire

CBL Properties Announces Site Work Is Set to Begin – Making Way for Premier Fashion Department Store, Von Maur, at We...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (OTCMKTS:CBLAQ) today announced that exciting things are in store for West Towne Mall in Madison, WI, as site work is set to commence later t...

11 months ago - Business Wire

Here's why these 7 U.S. mall owners, including Simon, are in trouble, S&P warns

As winter looms during the global health crisis, seven of America's mall owners face troubling days ahead, according to a new report from S&P Global.

Other symbols:SPGMACPEI
11 months ago - CNBC

CBL Properties Opens Over 1.4 Million Square Feet of New Retail, Dining and Other Uses in 2020 With More New Openings...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (OTCMKTS:CBLAQ) today announced that nearly 1.4 million square feet of new retail, dining and other uses have opened across its portfolio sin...

11 months ago - Business Wire

CBL Properties Celebrates Opening of Live! Casino Pittsburgh at Westmoreland Mall Outside of Pittsburgh, Pennsylvania

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (OTCMKTS:CBLAQ) today announced the completion and grand opening of Live! Casino Pittsburgh, a $150-million entertainment destination develop...

1 year ago - Business Wire

Very Poor News For REITs

REITs have risen a lot lately even as fundamentals remain challenged.

Other symbols:AVBBRXEQRESSKIMMPW
1 year ago - Seeking Alpha

CBL Properties Reports Results for Third Quarter 2020

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (OTCMKTS: CBLAQ) announced results for the third quarter ended September 30, 2020. A description of each supplemental non-GAAP financial meas...

1 year ago - Business Wire

CBL Properties Schedules Third Quarter 2020 Earnings Release

CHATTANOOGA, Tenn.--(BUSINESS WIRE)---- $CBL--CBL Properties (OTCMKTS:CBLAQ) today announced that the Company plans to issue its report of earnings for the third quarter 2020 before the market opens on ...

1 year ago - Business Wire

Mall REITs: Too Little, Too Late

Pushed to the brink by the pandemic, Mall REITs entered 2020 on unstable footing following a tsunami of store closings over the past decade, and the forthcoming vaccines may be too-little-too-late. Desp...

Other symbols:MACPEISKTSPGVNQ
1 year ago - Seeking Alpha