Symbols / CBL $38.23 +0.05%
CBL Chart
About
CBL & Associates Properties, Inc. 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 88 properties totaling 53.9 million square feet across 22 states, including 55 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 25 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. is headquartered in Chattanooga, TN. CBL & Associates Properties, Inc. was incorporated in 1976 in Delaware, USA
Fundamentals
Scroll to Statements| Sector | Real Estate | Industry | REIT - Retail | Market Cap | 1.18B |
| Enterprise Value | 3.30B | Income | 133.88M | Sales | 578.37M |
| Book/sh | 12.37 | Cash/sh | 1.36 | Dividend Yield | 4.71% |
| Payout | 39.17% | Employees | 408 | IPO | — |
| P/E | 8.81 | Forward P/E | -98.03 | PEG | — |
| P/S | 2.05 | P/B | 3.09 | P/C | — |
| EV/EBITDA | 10.33 | EV/Sales | 5.71 | Quick Ratio | 0.06 |
| Current Ratio | 0.14 | Debt/Eq | 595.27 | LT Debt/Eq | — |
| EPS (ttm) | 4.34 | EPS next Y | -0.39 | EPS Growth | 24.90% |
| Revenue Growth | 18.80% | Earnings | 2026-05-04 | ROA | 3.19% |
| ROE | 39.71% | ROIC | — | Gross Margin | 64.67% |
| Oper. Margin | 32.42% | Profit Margin | 23.51% | Shs Outstand | 30.98M |
| Shs Float | 15.64M | Short Float | 4.45% | Short Ratio | 5.56 |
| Short Interest | — | 52W High | 38.97 | 52W Low | 21.10 |
| Beta | 1.49 | Avg Volume | 153.53K | Volume | 114.17K |
| Target Price | $45.00 | Recom | None | Prev Close | $38.21 |
| Price | $38.23 | Change | 0.05% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$45.00
Mean price target
2. Current target
$38.23
Latest analyst target
3. DCF / Fair value
$135.69
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$38.23
Low
$45.00
High
$45.00
Mean
$45.00
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-12-03 | init | Ladenburg Thalmann | — → Buy | $45 |
News
RSS: Latest CBL news- Cbl & Associates Properties stock hits 52-week high at 38.76 USD By Investing.com - Investing.com South Africa ue, 10 Mar 2026 17
- How Investors May Respond To CBL & Associates Properties (CBL) Buying Gateway Mall And Selling A Non-Core Center - simplywall.st Sat, 07 Mar 2026 14
- Lincoln’s Gateway Mall sells for $43.5M as CBL swaps shopping centers - Stock Titan hu, 05 Mar 2026 21
- CBL buys mall in Nebraska, sells open-air center (CBL:NYSE) - Seeking Alpha hu, 05 Mar 2026 21
- Trading the Move, Not the Narrative: (CBL) Edition - Stock Traders Daily Fri, 06 Mar 2026 19
- CBL Stock Gains Following Q4 Earnings, Same-Center NOI Rises - Nasdaq hu, 19 Feb 2026 08
- CBL Properties Reloads and Extends Its $25 Million Stock Repurchase Plan - Yahoo Finance Wed, 05 Nov 2025 08
- CBL & Associates Properties, Inc. Experiences Revision in Stock Evaluation Amid Market Dynamics - Markets Mojo Fri, 06 Mar 2026 18
- Cbl & Associates Properties stock hits 52-week high at 38.76 USD - Investing.com India ue, 10 Mar 2026 15
- The Daily REITBeat | Friday, March 6th, 2026 (NYSE:CBL) - Seeking Alpha Fri, 06 Mar 2026 13
- A Look At CBL And Associates Properties’ Valuation After Gateway Mall Deal And Open Air Center Sale - simplywall.st Fri, 06 Mar 2026 09
- Own CBL Properties stock? A $0.45 per-share payout is coming - Stock Titan Wed, 11 Feb 2026 08
- CBL Properties Announces Tax Reporting Information for 2025 Common Stock Dividends - Yahoo Finance Mon, 26 Jan 2026 08
- CBL & Associates Properties, Inc. Experiences Revision in Stock Evaluation Amid Market Dynamics - Markets Mojo Fri, 06 Mar 2026 15
- The Bull Case For CBL & Associates Properties (CBL) Could Change Following Guidance, Dividend And Mall Acquisitions – Learn Why - simplywall.st Mon, 16 Feb 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 243058 | — | — | Stock Award(Grant) at price 0.00 per share. | LEBOVITZ STEPHEN D | Chief Executive Officer | — | 2026-02-11 00:00:00 | D |
| 1 | 71649 | — | — | Stock Award(Grant) at price 0.00 per share. | LEBOVITZ MICHAELI | President | — | 2026-02-11 00:00:00 | D |
| 2 | 50000 | — | — | Stock Award(Grant) at price 0.00 per share. | CONTIS DAVID J | Director | — | 2026-02-11 00:00:00 | D |
| 3 | 36486 | — | — | Stock Award(Grant) at price 0.00 per share. | GRODY HOWARD B | Officer | — | 2026-02-11 00:00:00 | D |
| 4 | 36486 | — | — | Stock Award(Grant) at price 0.00 per share. | LEBOVITZ ALAN L | Officer | — | 2026-02-11 00:00:00 | D |
| 5 | 71649 | — | — | Stock Award(Grant) at price 0.00 per share. | CURRY JEFFERY V. | Officer | — | 2026-02-11 00:00:00 | D |
| 6 | 71649 | — | — | Stock Award(Grant) at price 0.00 per share. | REINSMIDT KATHRYN A. | Chief Operating Officer | — | 2026-02-11 00:00:00 | D |
| 7 | 36486 | — | — | Stock Award(Grant) at price 0.00 per share. | COBB ANDREW FRANKLIN | Officer | — | 2026-02-11 00:00:00 | D |
| 8 | 92071 | — | — | Stock Award(Grant) at price 0.00 per share. | JAENICKE BENJAMIN W | Chief Financial Officer | — | 2026-02-11 00:00:00 | D |
| 9 | 15151 | — | — | Stock Award(Grant) at price 0.00 per share. | COPE JENNIFER | Officer | — | 2026-02-11 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 368.28K | 755.83K | 12.78M | 10.34M |
| TaxRateForCalcs | 0.00 | 0.02 | 0.22 | 0.21 |
| NormalizedEBITDA | 386.09M | 327.24M | 330.35M | 348.76M |
| TotalUnusualItems | 104.67M | 41.68M | 58.58M | 49.25M |
| TotalUnusualItemsExcludingGoodwill | 104.67M | 41.68M | 58.58M | 49.25M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 135.97M | 58.97M | 6.55M | -93.48M |
| ReconciledDepreciation | 179.79M | 156.26M | 211.93M | 277.11M |
| ReconciledCostOfRevenue | 189.72M | 159.48M | 165.71M | 170.93M |
| EBITDA | 490.76M | 368.92M | 388.93M | 398.01M |
| EBIT | 310.96M | 212.66M | 177.00M | 120.91M |
| NetInterestIncome | -162.71M | -138.77M | -159.71M | -212.40M |
| InterestExpense | 175.96M | 154.49M | 172.91M | 217.34M |
| InterestIncome | 13.25M | 15.71M | 13.20M | 4.94M |
| NormalizedIncome | 31.67M | 18.05M | -39.26M | -132.39M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 135.97M | 58.97M | 6.55M | -93.48M |
| TotalExpenses | 438.61M | 383.22M | 441.93M | 516.09M |
| DilutedAverageShares | 30.84M | 30.96M | 31.30M | 30.05M |
| BasicAverageShares | 30.34M | 30.91M | 31.30M | 30.05M |
| DilutedEPS | 4.34 | 1.87 | 0.17 | -3.20 |
| BasicEPS | 4.41 | 1.87 | 0.17 | -3.20 |
| DilutedNIAvailtoComStockholders | 133.88M | 57.76M | 5.43M | -96.02M |
| NetIncomeCommonStockholders | 133.88M | 57.76M | 5.43M | -96.02M |
| OtherunderPreferredStockDividend | 2.09M | 1.21M | 1.11M | 2.54M |
| NetIncome | 135.97M | 58.97M | 6.55M | -93.48M |
| MinorityInterests | 1.44M | 1.85M | 3.34M | 6.03M |
| NetIncomeIncludingNoncontrollingInterests | 134.53M | 57.12M | 3.20M | -99.52M |
| NetIncomeContinuousOperations | 134.53M | 57.12M | 3.20M | -99.52M |
| TaxProvision | 475.00K | 1.05M | 894.00K | 3.08M |
| PretaxIncome | 135.00M | 58.17M | 4.10M | -96.44M |
| OtherIncomeExpense | 157.95M | 64.61M | 70.45M | 69.05M |
| SpecialIncomeCharges | 30.44M | 25.00M | 53.46M | 43.94M |
| GainOnSaleOfBusiness | 33.85M | 0.00 | 47.88M | 36.25M |
| OtherSpecialCharges | 217.00K | 266.00K | -5.58M | -7.65M |
| ImpairmentOfCapitalAssets | 3.19M | 1.46M | 0.00 | 252.00K |
| RestructuringAndMergernAcquisition | 0.00 | -26.73M | 0.00 | -298.00K |
| EarningsFromEquityInterest | 53.28M | 22.93M | 11.87M | 19.80M |
| GainOnSaleOfSecurity | 74.23M | 16.68M | 5.12M | 5.31M |
| NetNonOperatingInterestIncomeExpense | -162.71M | -138.77M | -159.71M | -212.40M |
| InterestExpenseNonOperating | 175.96M | 154.49M | 172.91M | 217.34M |
| InterestIncomeNonOperating | 13.25M | 15.71M | 13.20M | 4.94M |
| OperatingIncome | 139.77M | 132.34M | 93.36M | 46.92M |
| OperatingExpense | 234.25M | 208.07M | 254.79M | 324.36M |
| OtherOperatingExpenses | 57.00K | 230.00K | 221.00K | 834.00K |
| OtherTaxes | 57.12M | |||
| DepreciationAmortizationDepletionIncomeStatement | 165.16M | 140.59M | 190.50M | 256.31M |
| DepreciationAndAmortizationInIncomeStatement | 165.16M | 140.59M | 190.50M | 256.31M |
| SellingGeneralAndAdministration | 69.04M | 67.25M | 64.07M | 67.22M |
| GeneralAndAdministrativeExpense | 69.04M | 67.25M | 64.07M | 67.22M |
| OtherGandA | 69.04M | 67.25M | 64.07M | 67.22M |
| GrossProfit | 374.02M | 340.41M | 348.15M | 371.28M |
| CostOfRevenue | 204.35M | 175.15M | 187.14M | 191.73M |
| TotalRevenue | 578.37M | 515.56M | 535.29M | 563.01M |
| OperatingRevenue | 564.10M | 501.49M | 521.87M | 549.40M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | |
|---|---|---|---|---|
| TreasurySharesNumber | 34.00 | 34.00 | 34.00 | |
| OrdinarySharesNumber | 30.32M | 30.71M | 31.98M | 31.78M |
| ShareIssued | 30.32M | 30.71M | 31.98M | 31.78M |
| NetDebt | 2.13B | 2.17B | 1.85B | 1.96B |
| TotalDebt | 2.17B | 2.21B | 1.89B | 2.11B |
| TangibleBookValue | 102.04M | -23.86M | 23.39M | 83.71M |
| InvestedCapital | 2.55B | 2.54B | 2.23B | 2.37B |
| WorkingCapital | 300.45M | 279.25M | 244.92M | 449.82M |
| NetTangibleAssets | 102.04M | -23.86M | 23.39M | 83.71M |
| CapitalLeaseObligations | 80.41M | 110.62M | 151.87M | |
| CommonStockEquity | 374.94M | 323.55M | 339.32M | 370.54M |
| TotalCapitalization | 2.55B | 2.54B | 2.23B | 2.37B |
| TotalEquityGrossMinorityInterest | 364.67M | 312.86M | 330.62M | 367.13M |
| MinorityInterest | -10.26M | -10.68M | -8.70M | -3.41M |
| StockholdersEquity | 374.94M | 323.55M | 339.32M | 370.54M |
| GainsLossesNotAffectingRetainedEarnings | 443.00K | 782.00K | 610.00K | -1.05M |
| OtherEquityAdjustments | 443.00K | 782.00K | 610.00K | -1.05M |
| RetainedEarnings | -312.96M | -371.83M | -380.45M | -338.93M |
| AdditionalPaidInCapital | 687.42M | 694.57M | 719.12M | 710.50M |
| CapitalStock | 30.00K | 31.00K | 32.00K | 32.00K |
| CommonStock | 30.00K | 31.00K | 32.00K | 32.00K |
| PreferredStock | 0.00 | |||
| TotalLiabilitiesNetMinorityInterest | 2.36B | 2.43B | 2.08B | 2.31B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 2.17B | 2.21B | 1.89B | 2.11B |
| LongTermDebtAndCapitalLeaseObligation | 2.17B | 2.21B | 1.89B | 2.11B |
| LongTermCapitalLeaseObligation | 80.41M | 110.62M | 151.87M | |
| LongTermDebt | 2.17B | 2.21B | 1.89B | 2.00B |
| CurrentLiabilities | 193.64M | 221.65M | 186.49M | 200.31M |
| LineOfCredit | 0.00 | |||
| PayablesAndAccruedExpenses | 193.64M | 221.65M | 186.49M | 200.31M |
| TotalAssets | 2.73B | 2.75B | 2.41B | 2.68B |
| TotalNonCurrentAssets | 2.24B | 2.25B | 1.97B | 2.03B |
| InvestmentsAndAdvances | 85.94M | 83.47M | 76.46M | 77.30M |
| LongTermEquityInvestment | 85.94M | 83.47M | 76.46M | 77.30M |
| InvestmentsinAssociatesatCost | 77.30M | 103.66M | ||
| InvestmentProperties | 1.88B | 1.82B | 1.58B | 1.66B |
| GoodwillAndOtherIntangibleAssets | 272.89M | 347.41M | 315.93M | 286.83M |
| OtherIntangibleAssets | 272.89M | 347.41M | 315.93M | 286.83M |
| CurrentAssets | 494.09M | 500.90M | 431.41M | 650.13M |
| AssetsHeldForSaleCurrent | 0.00 | 56.08M | 0.00 | |
| RestrictedCash | 110.67M | 112.94M | 88.89M | 97.23M |
| Receivables | 48.05M | 47.95M | 46.19M | 215.76M |
| OtherReceivables | 1.56M | 2.36M | 2.75M | 175.14M |
| LoansReceivable | 384.00K | |||
| AccountsReceivable | 46.49M | 45.59M | 43.44M | 40.62M |
| CashCashEquivalentsAndShortTermInvestments | 335.37M | 283.94M | 296.33M | 337.14M |
| OtherShortTermInvestments | 293.09M | 243.15M | 262.14M | 292.42M |
| CashAndCashEquivalents | 42.29M | 40.79M | 34.19M | 44.72M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 249.68M | 202.22M | 183.52M | 208.23M |
| RepurchaseOfCapitalStock | -18.06M | -36.46M | -1.11M | 0.00 |
| RepaymentOfDebt | -219.30M | -146.26M | -79.00M | -524.17M |
| IssuanceOfDebt | 188.00M | 0.00 | 0.00 | 425.00M |
| IssuanceOfCapitalStock | 0.00 | |||
| InterestPaidSupplementalData | 136.11M | 131.33M | 136.15M | 124.15M |
| EndCashPosition | 152.95M | 153.80M | 123.08M | 141.95M |
| BeginningCashPosition | 153.80M | 123.08M | 141.95M | 236.20M |
| ChangesInCash | -852.00K | 30.73M | -18.87M | -94.25M |
| FinancingCashFlow | -135.42M | -236.50M | -204.09M | -145.80M |
| CashFlowFromContinuingFinancingActivities | -135.42M | -236.50M | -204.09M | -145.80M |
| NetOtherFinancingCharges | -8.96M | -3.43M | -5.89M | -22.75M |
| CashDividendsPaid | -77.09M | -50.36M | -118.09M | -23.87M |
| CommonStockDividendPaid | -77.09M | -50.36M | -118.09M | -23.87M |
| NetCommonStockIssuance | -18.06M | -36.46M | -1.11M | 0.00 |
| CommonStockPayments | -18.06M | -36.46M | -1.11M | 0.00 |
| CommonStockIssuance | 0.00 | |||
| NetIssuancePaymentsOfDebt | -31.30M | -146.26M | -79.00M | -99.17M |
| NetLongTermDebtIssuance | -31.30M | -146.26M | -79.00M | -99.17M |
| LongTermDebtPayments | -219.30M | -146.26M | -79.00M | -524.17M |
| LongTermDebtIssuance | 188.00M | 0.00 | 0.00 | 425.00M |
| InvestingCashFlow | -115.11M | 65.01M | 1.70M | -156.69M |
| CashFlowFromContinuingInvestingActivities | -115.11M | 65.01M | 1.70M | -156.69M |
| NetOtherInvestingChanges | -1.93M | 7.38M | -2.38M | -3.42M |
| DividendsReceivedCFI | 11.08M | 5.08M | 5.30M | 25.55M |
| NetInvestmentPurchaseAndSale | -50.92M | 18.79M | 42.76M | -140.34M |
| SaleOfInvestment | 365.28M | 379.61M | 355.54M | 600.70M |
| PurchaseOfInvestment | -416.20M | -360.82M | -312.78M | -741.04M |
| NetInvestmentPropertiesPurchaseAndSale | -68.90M | 43.25M | -33.05M | -35.20M |
| SaleOfInvestmentProperties | 168.86M | 79.45M | 9.81M | 9.63M |
| PurchaseOfInvestmentProperties | -237.76M | -36.19M | -42.86M | -44.83M |
| NetBusinessPurchaseAndSale | -4.44M | -9.49M | -10.93M | -3.27M |
| OperatingCashFlow | 249.68M | 202.22M | 183.52M | 208.23M |
| CashFlowFromContinuingOperatingActivities | 249.68M | 202.22M | 183.52M | 208.23M |
| DividendReceivedCFO | 44.35M | 20.66M | 18.43M | 23.91M |
| ChangeInWorkingCapital | -413.00K | 4.10M | -19.30M | -51.01M |
| ChangeInOtherCurrentAssets | 7.78M | 14.98M | 1.25M | -355.00K |
| ChangeInPayablesAndAccruedExpense | -6.30M | -8.51M | -16.79M | -40.16M |
| ChangeInReceivables | -1.89M | -2.38M | -3.75M | -10.49M |
| ChangesInAccountReceivables | -10.49M | |||
| OtherNonCashItems | 32.58M | -12.09M | 25.65M | 112.34M |
| StockBasedCompensation | 16.75M | 14.93M | 12.98M | 11.88M |
| AssetImpairmentCharge | 3.22M | 1.69M | 39.00K | 1.09M |
| DeferredTax | 11.00K | -1.65M | -1.28M | 1.13M |
| DeferredIncomeTax | 11.00K | -1.65M | -1.28M | 1.13M |
| DepreciationAmortizationDepletion | 179.79M | 156.26M | 211.93M | 277.11M |
| DepreciationAndAmortization | 179.79M | 156.26M | 211.93M | 277.11M |
| AmortizationCashFlow | 14.64M | 15.67M | 21.43M | 20.80M |
| AmortizationOfIntangibles | 14.64M | 15.67M | 21.43M | 20.80M |
| Depreciation | 165.16M | 140.59M | 190.50M | 256.31M |
| OperatingGainsLosses | -161.14M | -38.79M | -68.14M | -68.70M |
| EarningsLossesFromEquityInvestments | -53.28M | -22.93M | -11.87M | -19.80M |
| GainLossOnInvestmentSecurities | -74.23M | -16.68M | -5.12M | -5.31M |
| GainLossOnSaleOfBusiness | -33.85M | 0.00 | -47.88M | -36.25M |
| NetIncomeFromContinuingOperations | 134.53M | 57.12M | 3.20M | -99.52M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for CBL
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|