CBL - CBL & Associates Properties Inc Stock Price, Fair Value and News

22.31USD+0.27 (+1.23%)Delayed as of 17 May 2024, 12:54 pm ET

Market Summary

USD22.31+0.27

Delayedas of 17 May 2024, 12:54 pm

1.23%

CBL Alerts

1 major insider sales recently.

Big fall in earnings (Y/Y)

CBL Stock Price

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CBL RSI Chart

CBL Valuation

Market Cap

702.8M

Price/Earnings (Trailing)

162.04

Price/Sales (Trailing)

1.33

Price/Free Cashflow

3.88

CBL Price/Sales (Trailing)

CBL Profitability

Return on Equity

1.38%

Return on Assets

0.19%

Free Cashflow Yield

25.77%

CBL Fundamentals

CBL Revenue

Revenue (TTM)

528.0M

Rev. Growth (Yr)

-5.31%

Rev. Growth (Qtr)

-7.58%

CBL Earnings

Earnings (TTM)

4.3M

Earnings Growth (Yr)

-97.79%

Earnings Growth (Qtr)

-99.58%

Breaking Down CBL Revenue

52 Week Range

20.6424.51

(Low)(High)

Last 7 days

-0.5%

Last 30 days

3.7%

Last 90 days

-5.6%

How does CBL drawdown profile look like?

CBL Financial Health

Debt/Equity

5.91

Debt/Cashflow

0.1

CBL Investor Care

Dividend Yield

0.34%

Dividend/Share (TTM)

0.08

Buy Backs (1Y)

0.59%

Diluted EPS (TTM)

0.1

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	528.0M	0	0	0
2023	559.3M	552.1M	545.2M	535.3M
2022	580.4M	567.1M	522.2M	563.0M
2021	541.5M	553.8M	574.3M	601.2M
2020	738.2M	669.1M	611.7M	575.9M
2019	836.4M	815.2M	795.5M	768.7M
2018	909.4M	894.8M	877.0M	858.6M
2017	1.0B	977.5M	950.4M	927.3M
2016	1.1B	1.1B	1.0B	1.0B
2015	1.1B	1.1B	1.1B	1.1B
2014	1.1B	1.1B	1.1B	1.1B
2013	1.0B	1.0B	1.0B	1.1B
2012	1.0B	1.0B	997.1M	1.0B
2011	1.0B	1.0B	1.0B	1.0B
2010	1.1B	1.1B	1.1B	1.0B
2009	0	1.1B	1.1B	1.1B
2008	0	0	0	1.1B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of CBL & Associates Properties Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 24, 2024	oaktree capital group holdings gp, llc	sold	-155,099	21.75	-7,131	-
Mar 22, 2024	lebovitz stephen d	sold	-60,683	22.2773	-2,724	ceo
Mar 21, 2024	lebovitz stephen d	sold	-167,692	22.6214	-7,413	ceo
Mar 13, 2024	lebovitz stephen d	sold	-612,068	22.6692	-27,000	ceo
Mar 12, 2024	lebovitz stephen d	sold	-99,052	22.7655	-4,351	ceo
Mar 11, 2024	lebovitz stephen d	sold	-232,548	23.0086	-10,107	ceo
Mar 08, 2024	lebovitz stephen d	sold	-349,552	23.3035	-15,000	ceo
Mar 07, 2024	jaenicke benjamin w	sold	-152,942	23.2682	-6,573	evp - chief financial officer
Mar 07, 2024	lebovitz stephen d	sold	-20,948	23.4583	-893	ceo
Feb 29, 2024	lebovitz stephen d	sold	-94,781	23.6304	-4,011	ceo

Which funds bought or sold CBL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Schonfeld Strategic Advisors LLC	new	-	213,063	213,063	-%
May 15, 2024	Royal Bank of Canada	reduced	-61.61	-194,000	110,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	41.29	901,770	3,672,270	-%
May 15, 2024	REDWOOD CAPITAL MANAGEMENT, LLC	unchanged	-	-177,595	2,694,510	0.38%
May 15, 2024	KING STREET CAPITAL MANAGEMENT, L.P.	sold off	-100	-85,201	-	-%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	added	107	783,000	1,613,000	-%
May 15, 2024	Taconic Capital Advisors LP	added	290	3,253,800	4,474,800	1.18%
May 15, 2024	Man Group plc	reduced	-32.08	-1,014,440	1,781,570	-%
May 15, 2024	UBS ASSET MANAGEMENT AMERICAS LLC	unchanged	-	-13,463	204,266	-%
May 15, 2024	BARCLAYS PLC	reduced	-46.05	-472,000	484,000	-%

Are Funds Buying or Selling CBL?

Are funds buying CBL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CBL

No. of Funds

Unveiling CBL & Associates Properties Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.63%	1,802,911	SC 13G/A
Feb 06, 2024	cetus capital vi, l.p.	1.70%	543,773	SC 13G/A
Jan 29, 2024	blackrock inc.	6.2%	1,993,143	SC 13G/A
Mar 14, 2023	amster howard	7.26%	2,327,601	SC 13D
Feb 09, 2023	vanguard group inc	5.29%	1,684,067	SC 13G
Feb 03, 2023	blackrock inc.	5.6%	1,775,328	SC 13G
Feb 01, 2023	cetus capital vi, l.p.	2.70%	860,800	SC 13G/A
Sep 01, 2022	strategic value partners, llc	10.2%	3,243,989	SC 13D
May 18, 2022	strategic value partners, llc	10.2%	3,243,989	SC 13G/A
Apr 22, 2022	oaktree capital group, llc	12.5%	3,983,967	SC 13D/A

Recent SEC filings of CBL & Associates Properties Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	144	Notice of Insider Sale Intent
May 15, 2024	4	Insider Trading
May 10, 2024	10-Q	Quarterly Report
May 10, 2024	8-K	Current Report
Apr 26, 2024	4	Insider Trading
Apr 22, 2024	DEF 14A	DEF 14A
Mar 25, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading

Peers (Alternatives to CBL & Associates Properties Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	91.0B	11.2B	13.18%	0.07%	46.11	8.12	3.63%	50.79%
CCI	45.2B	6.8B	10.71%	-9.11%	32.41	6.6	-2.39%	-16.60%
AVB	28.2B	2.8B	10.69%	11.82%	29.49	10.04	5.72%	-6.47%
ARE	21.7B	3.0B	6.06%	4.24%	110.53	7.35	10.44%	-73.79%
AMH	13.4B	-	5.08%	7.08%	31.6	8.22	8.93%	11.87%
REG	11.1B	1.4B	5.53%	2.30%	29.74	8.12	10.48%	-2.93%
BXP	10.0B	3.3B	9.78%	29.48%	52	3.02	4.82%	-75.15%
MID-CAP
FRT	8.4B	1.2B	5.38%	12.34%	35.36	7.33	5.48%	-38.69%
MAC	3.5B	878.0M	1.84%	69.62%	-10.13	3.95	2.35%	-290.60%
SLG	3.4B	892.3M	10.04%	147.14%	-6.73	3.86	-5.33%	-307.54%
SMALL-CAP
AAT	1.4B	444.1M	11.94%	21.68%	20.22	3.12	3.54%	8.91%
AIV	1.2B	198.2M	6.91%	0.60%	-7.62	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.43%	4.37%	36.67	1.73	27.93%	140.31%
NYMT	576.6M	285.4M	-6.09%	-35.38%	-4.18	2.02	11.05%	83.70%
IVR	459.0M	277.2M	16.05%	-12.07%	-55.97	1.66	25.89%	94.64%

CBL & Associates Properties Inc News

Latest updates

CBL & Associates Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Revenue	-7.6%	129	140	129	130	136	150	136	137	140	109	181	150	137	133	154	130	124	168	190	187	193
Costs and Expenses	0.4%	102	102	102	112	124	127	124	130	135	91.00	231	170	103	166	176	123	126	263	164	246	178
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	246	178
S&GA Expenses	-100.0%	-	14.00	14.00	16.00	19.00	16.00	15.00	18.00	18.00	9.00	18.00	14.00	11.00	13.00	-8.63	25.00	19.00	18.00	15.00	12.00	14.00
Interest Expenses	-5.9%	40.00	42.00	43.00	44.00	44.00	34.00	38.00	55.00	91.00	195	31.00	19.00	22.00	24.00	40.00	61.00	53.00	47.00	49.00	51.00	52.00
Income Taxes	67.6%	-0.16	-0.49	1.00	0.00	-0.10	0.00	2.00	-0.47	1.00	-5.88	2.00	-1.23	1.00	1.00	-0.35	1.00	16.00	1.00	1.00	2.00	1.00
Net Income	-99.6%	0.00	12.00	13.00	-20.79	2.00	3.00	-14.29	-41.39	-40.72	-151	-420	-41.72	-8.88	-28.28	-59.30	-42.88	-70.23	-122	-11.76	-78.89	-24.18
Net Income Margin	-32.8%	0.01*	0.01*	0.00*	-0.05*	-0.09*	-0.17*	-0.47*	-1.15*	-1.13*	-1.08*	-0.83*	-0.24*	-0.25*	-	-	-	-	-	-	-	-
Free Cashflow	-37.7%	31.00	49.00	50.00	51.00	33.00	54.00	66.00	46.00	42.00	57.00	72.00	72.00	68.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Assets	-2.6%	2,344	2,406	2,436	2,475	2,516	2,678	2,727	2,775	2,849	2,946	2,963	4,228	4,264	4,280	4,444	4,564	4,655	4,721	4,622	4,770	5,048
Cash Equivalents	272.2%	127	34.00	35.00	25.00	23.00	45.00	86.00	177	186	170	260	268	144	85.00	122	107	123	159	59.00	35.00	20.00
Liabilities	-2.2%	2,029	2,075	2,107	2,150	2,158	2,311	2,287	2,313	2,336	2,545	-	1,662	1,646	1,635	1,485	3,952	4,001	3,995	3,977	3,959	4,127
Long Term Debt	-1.5%	1,860	1,889	1,900	1,942	1,946	2,000	2,017	2,035	1,639	1,813	1,679	1,019	988	1,037	1,185	3,730	3,774	3,790	3,527	3,699	3,866
Shareholder's Equity	-7.2%	315	339	338	325	358	371	439	462	513	401	547	455	497	507	534	612	653	725	862	809	919
Retained Earnings	-3.4%	-393	-380	-380	-381	-348	-338	-263	-241	-192	-151	-	-1,533	-1,492	-1,483	-1,456	-1,397	-1,354	-1,284	-1,161	-1,194	-1,104
Additional Paid-In Capital	-0.3%	717	719	718	715	712	710	709	706	703	548	547	1,987	1,987	1,987	1,986	1,985	1,982	1,978	1,966	1,965	1,967
Shares Outstanding	0.2%	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	21.00	20.00	198	196	-	-	-	-	-	-	-	-
Minority Interest	-7.4%	-9.35	-8.70	-9.32	-8.92	-5.16	-3.41	-5.84	-2.69	3.00	5.00	6.00	0.00	0.00	1.00	2.00	23.00	23.00	29.00	56.00	36.00	55.00
Float	-	-	-	-	411	-	-	-	423	-	-	-	-	21.00	-	-	-	46.00	-	-	-	176

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Cashflow From Operations	-37.7%	30,738	49,361	49,919	51,061	33,175	54,414	65,731	45,660	42,429	57,049	-	71,673	67,728	62,769	74,173	20,822	-358	38,728	48,165	99,211	70,544
Share Based Compensation	-24.9%	3,679	4,901	1,410	1,797	3,252	3,469	2,855	2,818	2,743	282	699	241	246	395	729	2,797	748	1,545	945	900	895
Cashflow From Investing	263.5%	26,804	-16,398	-7,573	-4,200	29,872	-264,517	105,142	5,132	-2,442	-139,016	-	94,992	46,752	-2,564	-78,893	-10,125	-18,748	-172,631	-31,284	28,766	13,367
Cashflow From Financing	-80.5%	-53,361	-29,563	-36,263	-28,255	-110,009	-32,335	-45,344	-37,094	-31,025	-12,117	-	-7,948	-10,460	-13,760	-14,790	-19,593	-15,892	259,971	-21,079	-110,237	-83,811
Dividend Payments	-100.0%	-	12,000	12,010	12,025	82,058	7,960	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,010
Buy Backs	1679.9%	5,037	283	826	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	96.00	-	-

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CBL Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

REVENUES:

Rental revenues

$ 124,027

$ 130,324

Management, development and leasing fees

1,905

2,434

Other

3,185

3,601

Total revenues

^[1],[2]

129,117

136,359

EXPENSES:

Property operating

(23,827)

(24,614)

Depreciation and amortization

(38,040)

(53,269)

Real estate taxes

(9,269)

(14,788)

Maintenance and repairs

(9,938)

(11,524)

General and administrative

(20,414)

(19,229)

Loss on impairment

(836)

Litigation settlement

Other

(198)

Total expenses

(102,256)

(123,578)

OTHER INCOME (EXPENSES):

Interest and other income

4,004

2,665

Interest expense

(39,812)

(43,524)

Gain on deconsolidation

28,151

Gain on sales of real estate assets

3,721

1,596

Income tax benefit

158

101

Equity in earnings (losses) of unconsolidated affiliates

4,594

(1,256)

Total other expenses

(27,335)

(12,267)

Net (loss) income

(474)

514

Net loss (income) attributable to noncontrolling interests in:

Other consolidated subsidiaries

524

1,745

Net income attributable to the Company

2,259

Earnings allocable to unvested restricted stock

(259)

(280)

Net (loss) income attributable to common shareholders

$ (209)

$ 1,979

Basic and diluted per share data attributable to common shareholders:

Basic earnings per share

$ (0.01)

$ 0.06

Diluted earnings per share

^[3]

$ (0.01)

$ 0.06

Weighted-average basic shares

31,546

31,304

Weighted-average diluted shares

^[3]

31,546

31,369

[1]	Management, development and leasing fees are included in All Other category. See Note 3 for information on the Company’s revenues disaggregated by revenue source for each of the above segments.
[2]	Sales taxes are excluded from revenues.
[3]	For the three months ended March 31, 2024, the computation of diluted EPS does not include contingently issuable shares due to their anti-dilutive nature. Had the contingently issuable shares been dilutive, the denominator for diluted EPS would have been 31,568,257, including 22,536 contingently issuable shares related to unvested restricted stock awards. For the three months ended March 31, 2023, the computation of diluted EPS includes contingently issuable shares related to PSUs calculated under the two-class method. Additionally, for the three months ended March 31, 2023, the computation of diluted EPS does not include contingently issuable shares related to unvested restricted stock awards due to their anti-dilutive nature. Had the contingently issuable shares been dilutive, the denominator for diluted EPS would have been 31,378,419, including 9,625 contingently issuable shares related to unvested restricted stock awards.

CBL Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Real estate assets:

Land

^[1]

$ 582,949

$ 585,191

Buildings and improvements

^[1]

1,218,746

1,216,054

Real estate assets

^[1]

1,801,695

1,801,245

Accumulated depreciation

^[1]

(247,387)

(228,034)

Real estate investment property, net, before developments in progress

^[1]

1,554,308

1,573,211

Developments in progress

^[1]

7,479

8,900

Net investment in real estate assets

^[1]

1,561,787

1,582,111

Cash and cash equivalents

^[1]

60,311

34,188

Restricted cash

^[1]

66,946

88,888

Available-for-sale securities - at fair value (amortized cost of $235,072 and $261,869 as of March 31, 2024 and December 31,2023, respectively)

^[1]

234,998

262,142

Receivables:

Tenant

^[1]

37,588

43,436

Other

^[1]

7,246

2,752

Investments in unconsolidated affiliates

^[1]

77,818

76,458

In-place leases, net

^[1]

142,683

157,639

Intangible lease assets and other assets

^[1]

154,439

158,291

Total assets

^[1]

2,343,816

2,405,905

LIABILITIES AND EQUITY

Mortgage and other indebtedness, net

1,860,294

1,888,803

Accounts payable and accrued liabilities

168,672

186,485

Total liabilities

^[1]

2,028,966

2,075,288

Shareholders' equity:

Common stock, $.001 par value, 200,000,000 shares authorized, 32,033,939 and 31,975,645 issued and outstanding as as of March 31, 2024 and December 31, 2023, respectively (excluding 140,034 treasury shares as of March 31, 2024 and excluding 34 treasury shares as of December 31, 2023)

Additional paid-in capital

716,706

719,125

Accumulated other comprehensive income

726

610

Accumulated deficit

(393,266)

(380,446)

Total shareholders' equity

324,198

339,321

Noncontrolling interests

(9,348)

(8,704)

Total equity

314,850

330,617

Total liabilities, redeemable noncontrolling interests and equity

$ 2,343,816

$ 2,405,905

[1]

As of March 31, 2024, includes $179,986 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $205,856 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 7.

About CBL & Associates Properties Inc

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 reinvestment in its properties.

CEO	Mr. Stephen D. Lebovitz
WEBSITE	cblproperties.com
INDUSTRY	REIT Mortgage
EMPLOYEES	395

CBL & Associates Properties Inc Frequently Asked Questions

What is the ticker symbol for CBL & Associates Properties Inc? What does CBL stand for in stocks?

CBL is the stock ticker symbol of CBL & Associates Properties Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CBL & Associates Properties Inc (CBL)?

As of Thu May 16 2024, market cap of CBL & Associates Properties Inc is 702.79 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CBL stock?

You can check CBL's fair value in chart for subscribers.

What is the fair value of CBL stock?

You can check CBL's fair value in chart for subscribers. The fair value of CBL & Associates Properties Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CBL & Associates Properties Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CBL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CBL & Associates Properties Inc a good stock to buy?

The fair value guage provides a quick view whether CBL is over valued or under valued. Whether CBL & Associates Properties Inc is cheap or expensive depends on the assumptions which impact CBL & Associates Properties Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CBL.

What is CBL & Associates Properties Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, CBL's PE ratio (Price to Earnings) is 162.04 and Price to Sales (PS) ratio is 1.33. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CBL PE ratio will change depending on the future growth rate expectations of investors.