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CBL & Associates Properties Inc

CBL & Associates Properties Inc

CBL · NYSE · Real Estate / REIT - Retail

54.61USD+0.32 (+0.59%)

Price History

Full chart

Market Stats

Previous Close54.29
Open54.71
Day Range54.15 – 55.12
52-Week Range26.56 – 59.71
Volume280.46K
Market Cap1.62B
P/E (TTM)7.65
Forward P/E0.00
EPS6.84
Dividend Yield4.78%
Beta1.41
50-Day Avg55.76
200-Day Avg45.38

About

CBL & Associates Properties, Inc. is 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 85 properties totaling 54.8 million square feet across 23 states, including 54 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 20 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. CBL & Associates Properties, Inc. was established in 1978n and was incorporated in Delaware.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. Stephen D. Lebovitz
  • Employees408
  • HeadquartersCBL Center, 2030 Hamilton Place Blvd., Chattanooga, TN, United States, 37421-6000, USA
  • Websitehttps://www.cblproperties.com

Leadership

  • Mr. Stephen D. LebovitzCEO & Director · b. 1961
  • Mr. Michael I. LebovitzPresident · b. 1964
  • Mr. Benjamin W. JaenickeExecutive VP, Treasurer & CFO · b. 1984
  • Ms. Kathryn A. ReinsmidtExecutive VP & COO · b. 1979
  • Mr. Jeffery V. Curry J.D.Chief Legal Officer & Secretary · b. 1961
  • Mr. Andrew F. CobbExecutive Vice President of Accounting · b. 1969
  • Ms. Karen WalkerSenior Vice President of Technology Solutions
  • Ms. Stacey KeatingVice President of Corporate Communications
  • Ms. Mary Lynn MorseSenior Vice President of Marketing
  • Mr. Benjamin StaplesSenior VP of People & Culture

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-----------781.43M907.46M1.00B1.04B1.14B1.09B1.07B1.07B1.08B1.06B1.06B1.06B1.03B927.25M858.56M768.70M575.86M576.88M563.01M535.29M515.56M578.37M
Growth (%)------------+16.13%+10.43%+3.84%+9.38%-4.28%-1.62%-0.42%+1.16%-2.22%+0.48%-0.54%-2.54%-9.82%-7.41%-10.47%-25.09%+0.18%-2.40%-4.92%-3.68%+12.18%
Cost of Revenue-----------382.95M638.27M765.27M811.32M1.03B939.94M883.93M856.63M823.40M860.67M876.44M881.48M866.84M858.73M823.41M746.14M617.94M604.60M704.35M568.15M456.33M534.66M
Gross Profit-----------398.48M269.19M236.87M229.31M111.84M149.55M187.88M210.71M256.33M195.04M184.30M173.53M161.41M68.52M35.14M22.55M-42.08M-27.73M-141.34M-32.86M59.23M43.71M
Gross Margin-----------50.99%29.66%23.64%22.04%9.83%13.73%17.53%19.74%23.74%18.47%17.37%16.45%15.70%7.39%4.09%2.93%-7.31%-4.81%-25.10%-6.14%11.49%7.56%
Operating Expense-----------228.93M73.61M77.35M92.17M-264.18M47.74M60.83M66.71M49.86M21.70M-241.00M-236.95M-209.03M-240.62M-223.11M-193.56M-137.72M-155.00M-188.26M-126.22M-73.11M-96.06M
Operating Income-----------169.55M195.58M159.52M137.13M376.01M101.81M127.05M144.00M206.47M173.34M425.30M410.49M370.45M309.14M258.25M216.12M95.64M127.27M46.92M93.36M132.34M139.77M
Operating Margin-----------21.70%21.55%15.92%13.18%33.04%9.34%11.85%13.49%19.12%16.42%40.09%38.91%36.03%33.34%30.08%28.11%16.61%22.06%8.33%17.44%25.67%24.17%
EBITDA-----------319.38M676.00M681.63M688.42M726.89M598.77M666.85M701.28M705.43M631.73M822.41M774.61M702.04M680.00M404.66M333.03M67.25M-167.97M377.22M367.92M353.85M476.42M
EBITDA Margin-----------40.87%74.49%68.02%66.15%63.86%54.96%62.22%65.70%65.33%59.84%77.53%73.42%68.27%73.33%47.13%43.32%11.68%-29.12%67.00%68.73%68.63%82.37%
Net Income-----------120.27M161.66M106.34M81.59M25.98M-15.09M61.77M133.94M130.66M84.06M174.53M167.07M172.44M126.12M-78.57M-108.69M-404.09M-622.17M-93.48M6.55M58.97M135.97M
Net Income Margin-----------15.39%17.81%10.61%7.84%2.28%-1.39%5.76%12.55%12.10%7.96%16.45%15.84%16.77%13.60%-9.15%-14.14%-70.17%-107.85%-16.60%1.22%11.44%23.51%
R&D-----------------------0.070.150.130.170.581.10.210.01--
R&D as % of Total Revenue-----------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense-------------257.07M287.88M313.21M294.05M286.58M271.33M244.43M229.27M239.82M229.34M216.32M218.68M220.04M206.26M200.66M267.90M217.34M172.91M154.49M175.96M
Interest Expense % of Total Revenue-------------25.65%27.66%27.52%26.99%26.74%25.42%22.64%21.72%22.61%21.74%21.04%23.58%25.63%26.83%34.85%46.44%38.60%32.30%29.96%30.42%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets519.70M620.20M700.50M911.50M1.12B1.69B1.85B1.94B2.94B3.29B3.74B4.64B5.74B5.96B8.11B8.03B7.73B495.91M6.72B7.09B6.79B6.60B6.48B757.31M667.72M664.09M222.35M4.44B2.95B2.68B2.41B2.75B2.73B
Total Liabilities302.90M410.90M429.60M638.70M790.27M1.27B1.43B1.51B2.42B2.55B2.90B3.58B4.66B4.87B6.26B6.43B6.31B-4.79B5.10B5.19B5.01B5.06B1.71M1.71M1.73M1.74M3.91B2.54B2.31B2.08B2.43B2.36B
Total Equity216.80M209.30M270.90M272.80M330.85M415.78M419.89M434.82M522.09M741.19M837.30M1.05B1.08B1.08B920.55M793.66M1.12B1.30B1.26B1.33B1.40B1.41B1.28B6.10B5.70B5.34B220.61M531.84M401.10M367.13M339.32M323.55M374.94M
Cash---4.30M69.23M5.83M7.07M5.18M10.14M13.36M98.81M25.77M28.84M28.70M65.83M51.22M48.06M50.90M56.09M78.25M65.50M37.94M36.89M18.95M32.63M25.14M32.82M61.78M169.55M44.72M34.19M40.79M42.29M
Total Debt276.90M373.30M392.80M590.29M741.41M1.21B1.36B1.42B2.32B2.40B2.74B3.37B4.34B4.56B6.01B6.10B5.62B-4.49B4.75B4.86B4.69B4.71B64.87M53.33M81.47M6.83B3.74B2.63B2.32B1.97B2.21B2.17B
Net Debt276.90M373.30M392.80M586.00M672.18M1.20B1.35B1.42B2.31B2.39B2.64B3.35B4.31B4.54B5.95B6.04B5.57B-50.90M4.43B4.67B4.80B4.65B4.67B45.92M20.70M56.33M-171.81M3.68B2.19B2.07B1.94B2.17B2.13B

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow3.80M26.90M29.00M54.79M60.85M89.12M114.20M117.81M169.13M273.92M274.35M339.20M389.57M388.91M470.28M419.09M431.64M429.79M441.84M481.51M464.75M468.06M515.82M447.71M377.19M234.99M273.41M-69.37M133.37M208.23M188.81M202.22M249.68M
Investing Cash Flow-59.80M-111.20M-99.70M-265.98M-265.23M-580.93M-262.51M-194.94M-286.69M-359.49M-617.70M-722.22M--474.36M-1.56B-454.18M-157.85M-5.56M-266.70M-246.67M-125.69M-234.85M-280.23M-97.92M-94.40M-52.40M24.59M-290.33M108.48M-156.69M1.70M65.01M-115.11M
Financing Cash Flow67.20M-50.20M-78.10M-145.00M-132.96M-227.73M-138.52M-248.85M-720.28M-844.35M-617.30M-537.19M-620.82M-1.05B-684.55M-1.70B-963.10M--2.34B-212.69M-351.81M-260.77M-236.64M-484.56M-351.09M-367.77M-296.45M209.00M-151.52M-145.80M-204.09M-236.50M-135.42M
Capital Expenditure000495.62M368.89M1.25B467.49M335.00M442.30M574.99M500.63M806.55M787.82M452.38M564.72M437.76M229.73M0216.88M236.98M115.59M261.11M11.53M7.05M16.62M6.85M5.79M1.26M31.62M5.77M2.66M36.19M237.76M
Free Cash Flow3.80M26.90M29.00M-440.83M-308.04M-1.16B-353.30M-217.19M-273.18M-301.07M-226.28M-467.35M-398.25M-63.47M-94.44M-18.67M201.91M429.79M224.96M244.54M349.16M206.95M504.29M440.66M360.57M228.14M279.19M-69.37M133.37M208.23M186.15M202.22M249.68M
Dividends Paid-22.40M27.80M34.61M40.68M47.51M53.99M56.68M49.80M73.68M170.45M106.86M133.74M30.57M26.14M21.82M78.28M-165.42M177.48M196.25M211.70M225.55M225.85M226.17M182.71M59.63M87.00K151.54M23.87M118.09M50.36M77.09M
FCF to OCF100.00%100.00%100.00%-804.59%-506.21%-1306.42%-309.38%-184.35%-161.52%-109.91%-82.48%-137.78%-102.23%-16.32%-20.08%-4.46%46.78%100.00%50.91%50.79%75.13%44.21%97.76%98.42%95.59%97.08%102.12%100.00%100.00%100.00%98.59%100.00%100.00%
Dividend Paid to FCF-83.27%95.86%-7.85%-13.21%-4.08%-15.28%-26.10%-18.23%-24.47%-75.33%-22.87%-33.58%-48.16%-27.68%-116.85%38.77%-73.53%72.58%56.21%102.29%44.73%51.25%62.73%80.09%21.36%-0.13%113.63%11.46%63.44%24.90%30.88%

Earnings

Report DateJul 24, 2002Feb 4, 2003Apr 24, 2003Feb 3, 2004Apr 27, 2004May 3, 2005Aug 2, 2005Oct 27, 2005Feb 8, 2006May 1, 2006Aug 2, 2006Nov 2, 2006Feb 8, 2007May 2, 2007Aug 2, 2007Nov 6, 2007Feb 7, 2008Apr 30, 2008Aug 5, 2008Nov 4, 2008Feb 4, 2009Apr 29, 2009Aug 4, 2009Nov 3, 2009Feb 3, 2010Apr 28, 2010Aug 3, 2010Nov 2, 2010Feb 8, 2011Apr 28, 2011Aug 2, 2011Nov 1, 2011Feb 8, 2012Apr 30, 2012Jul 26, 2012Nov 6, 2012Feb 5, 2013Apr 29, 2013Jul 31, 2013Nov 5, 2013Feb 4, 2014Apr 28, 2014Jul 29, 2014Oct 29, 2014Feb 3, 2015Apr 28, 2015Jul 29, 2015Oct 28, 2015Feb 3, 2016Apr 27, 2016Jul 28, 2016Oct 27, 2016Feb 1, 2017May 3, 2017Aug 3, 2017Nov 2, 2017Feb 8, 2018Apr 26, 2018Aug 1, 2018Oct 29, 2018Feb 7, 2019Apr 30, 2019Jul 31, 2019Oct 31, 2019Feb 6, 2020May 26, 2020Aug 6, 2020Nov 16, 2020May 17, 2021Aug 16, 2021Nov 15, 2021Mar 31, 2022May 16, 2022Aug 15, 2022Nov 14, 2022Feb 21, 2023May 10, 2023Aug 9, 2023Nov 9, 2023Feb 12, 2024May 10, 2024Aug 9, 2024Nov 11, 2024Feb 14, 2025May 5, 2025Aug 6, 2025Nov 6, 2025Feb 12, 2026May 8, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.340.560.460.350.340.350.280.710.410.370.310.250.550.350.230.280.330.140.120.110.27-0.09-0.050.010.08-0.040.000.020.090.030.060.060.180.050.110.100.180.090.130.170.240.140.170.170.280.100.110.150.230.120.130.150.230.120.120.080.150.01-0.010.010.01-0.06-0.02-0.070.00-0.09-0.28-0.230.000.000.00---1.34-0.030.00-0.67-0.73-0.36-0.01--0.36-0.160.140.340.00--
EPS Actual0.330.360.370.340.320.390.320.920.400.290.320.220.500.260.170.260.200.090.150.06-0.150.020.100.080.410.08-0.050.070.120.250.07-0.180.490.100.12-0.020.330.120.110.14-0.010.110.160.220.380.200.180.15-0.200.170.30-0.060.340.100.030.130.12-0.06-0.20-0.07-0.39-0.29-0.20-0.260.27-0.75-0.36-0.28-0.32-0.05-0.21-30.40-1.45-1.34-0.470.031.56-0.670.410.25-0.010.140.520.390.270.132.381.551.731.89-
Surprise-2.94%-35.71%-19.57%-2.86%-5.88%11.43%14.29%29.58%-2.44%-21.62%3.23%-12.00%-9.09%-25.71%-26.09%-7.14%-39.39%-35.71%25.00%-45.45%-155.56%122.22%300.00%700.00%412.50%300.00%-250.00%33.33%733.33%16.67%-400.00%172.22%100.00%9.09%-120.00%83.33%33.33%-15.38%-17.65%-104.17%-21.43%-5.88%29.41%35.71%100.00%63.64%0.00%-186.96%41.67%130.77%-140.00%47.83%-16.67%-75.00%62.50%-20.00%-700.00%-1900.00%-800.00%-4000.00%-383.33%-900.00%-271.43%--733.33%-28.57%-21.74%-----0.00%-0.00%-0.00%156.16%169.44%34.00%--8.33%--18.75%1600.00%356.53%---
Timing-------------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market--Pre-market-Pre-marketAfter-hoursAfter-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.62B
Enterprise Value3.37B
Trailing P/E7.65
Forward P/E0.00
Price / Sales2.75
Price / Book3.91
EPS6.84
Book Value13.81
Revenue (TTM)588.15M
Gross Profit (TTM)382.53M
EBITDA329.66M
Profit Margin36.96%
Operating Margin30.53%
Return on Equity61.93%
Return on Assets3.86%
Shares Outstanding30.94M
Shares Float19.59M
Beta1.41
Dividend Yield4.78%
Dividend Rate2.50
Payout Ratio24.83%

Analyst Ratings

Strong Buy
Based on 1 analystsTarget 63.00
  • Strong Buy
    1

Ownership Breakdown

Institutions
80.40%
Insiders
12.00%
Retail / Other
7.60%

Top Institutional Holders

  • Canyon Capital Advisors LLC
    7.42M23.97%
  • Oaktree Capital Management LLC
    2.15M6.96%
  • BlackRock Inc
    1.79M5.78%
  • Vanguard Portfolio Management, LLC
    791.45K2.56%
  • Vanguard Capital Management, LLC
    674.33K2.18%
  • State Street Corp
    640.25K2.07%
  • Taconic Capital Advisors L.P.
    598.33K1.93%
  • Geode Capital Management, LLC
    493.43K1.59%
  • LSV Asset Management
    452.16K1.46%
  • Arrowstreet Capital Limited Partnership
    414.12K1.34%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    405.83K1.31%
  • Prudential Financial Inc
    387.58K1.25%
  • First Manhattan Co. LLC
    366.38K1.18%
  • Charles Schwab Investment Management Inc
    342.23K1.11%
  • AQR Capital Management LLC
    324.66K1.05%
  • Renaissance Technologies Corp
    319.19K1.03%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    698.51K2.26%
  • Vanguard MStar Total Stk Mkt Idx Invest
    588.81K1.90%
  • iShares Russell 2000 ETF
    506.83K1.64%
  • Global X SuperDividend™ US ETF
    420.99K1.36%

Dividends

20264×
0.63Sep 15, 20260.63Jun 12, 20260.17Apr 10, 20260.45Mar 17, 2026
20254×
0.45Nov 25, 20250.45Sep 15, 20250.40Jun 13, 20251.20Mar 13, 2025
20245×
0.40Dec 13, 20240.40Nov 25, 20240.40Sep 13, 20240.40Jun 13, 20240.40Mar 14, 2024
20234×
0.38Dec 11, 20230.38Sep 14, 20230.38Jun 13, 20230.38Mar 14, 2023
20224×
2.20Dec 9, 20220.25Nov 30, 20220.25Sep 14, 20220.25Jul 8, 2022

Stock Splits

  • Jun 16, 20052:1