Symbols / CBL Stock $45.79 -1.67% CBL & Associates Properties, Inc.

Real Estate • REIT - Retail • United States • NYQ
CBL (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Retail
CEO Mr. Stephen D. Lebovitz
Exch · Country NYQ · United States
Market Cap 1.42B
Enterprise Value 3.36B
Income 171.07M
Sales 582.57M
FCF (ttm) 195.09M
Book/sh 12.86
Cash/sh 3.97
Employees 408
Insider 10d —
IPO Nov 02, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 31.53%
P/E 8.25
Forward P/E -117.41
PEG —
P/S 2.43
P/B 3.56
P/C —
EV/EBITDA 10.34
EV/Sales 5.77
Quick Ratio 0.23
Current Ratio 0.36
Debt/Eq 536.62
LT Debt/Eq —
EPS (ttm) 5.55
EPS next Y -0.39
EPS Growth 4.49%
Revenue Growth 3.00%
EPS Gr Q/Q 4.29%
Rev Gr Q/Q —
Earnings (next) 2026-08-05
Earnings (prior) 2025-11-06
ROA 3.65%
ROE 51.41%
ROIC —
Gross Margin 65.00%
Oper. Margin 23.76%
Profit Margin 29.81%
Shs Outstand 30.94M
Shs Float 15.61M
Insider Own 13.09%
Instit Own 78.68%
Short Float 4.43%
Short Ratio 4.74
Short Interest 924.36K
52W High 48.64
vs 52W High -5.86%
52W Low 24.03
vs 52W Low 90.55%
Beta 1.46
Impl. Vol. 47.91%
Rel Volume 1.04
Avg Volume 184.19K
Volume 192.08K
Target (mean) $50.00
Tgt Median $50.00
Tgt Low $50.00
Tgt High $50.00
# Analysts 1
Recom Strong_buy
Prev Close $46.57
Price $45.79
Change -1.67%
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 55.6 million square feet across 23 states, including 56 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 1978 in Delaware, USA.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$50.00
Mean price target
2. Current target
$45.79
Latest analyst target
3. DCF / Fair value
$113.48
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$45.79
Low
$50.00
High
$50.00
Mean
$50.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-12 main Ladenburg Thalmann Buy → Buy $52
2025-12-03 init Ladenburg Thalmann — → Buy $45
News
RSS: Latest CBL news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-08 CURRY JEFFERY V. Officer — 2,476 $0.00 $0
2026-04-06 CURRY JEFFERY V. Officer — 3,000 $0.00 $0
2026-02-11 COBB ANDREW FRANKLIN Officer — 36,486 $0.00 $0
2026-02-11 JAENICKE BENJAMIN W Chief Financial Officer — 92,071 $0.00 $0
2026-02-11 COPE JENNIFER Officer — 15,151 $0.00 $0
2026-02-11 KHALILI JOSEPH Officer — 15,151 $0.00 $0
2026-02-11 LEBOVITZ STEPHEN D Chief Executive Officer — 243,058 $0.00 $0
2026-02-11 LEBOVITZ MICHAELI President — 71,649 $0.00 $0
2026-02-11 CONTIS DAVID J Director — 50,000 $0.00 $0
2026-02-11 GRODY HOWARD B Officer — 36,486 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
578.37
+12.18%
515.56
-3.68%
535.29
-4.92%
563.01
Operating Revenue
564.10
+12.49%
501.49
-3.91%
521.87
-5.01%
549.40
Cost Of Revenue
204.35
+16.67%
175.15
-6.41%
187.14
-2.39%
191.73
Reconciled Cost Of Revenue
189.72
+18.96%
159.48
-3.76%
165.71
-3.05%
170.93
Gross Profit
374.02
+9.87%
340.41
-2.22%
348.15
-6.23%
371.28
Operating Expense
234.25
+12.58%
208.07
-18.34%
254.79
-21.45%
324.36
Selling General And Administration
69.04
+2.66%
67.25
+4.98%
64.07
-4.68%
67.22
General And Administrative Expense
69.04
+2.66%
67.25
+4.98%
64.07
-4.68%
67.22
Other Gand A
69.04
+2.66%
67.25
+4.98%
64.07
-4.68%
67.22
Other Operating Expenses
0.06
-75.22%
0.23
+4.07%
0.22
-73.50%
0.83
Total Expenses
438.61
+14.45%
383.22
-13.28%
441.93
-14.37%
516.09
Operating Income
139.77
+5.61%
132.34
+41.76%
93.36
+98.96%
46.92
EBITDA
490.76
+33.03%
368.92
-5.15%
388.93
-2.28%
398.01
Normalized EBITDA
386.09
+17.98%
327.24
-0.94%
330.35
-5.28%
348.76
Reconciled Depreciation
179.79
+15.06%
156.26
-26.27%
211.93
-23.52%
277.11
EBIT
310.96
+46.23%
212.66
+20.14%
177.00
+46.40%
120.91
Total Unusual Items
104.67
+151.15%
41.68
-28.86%
58.58
+18.95%
49.25
Total Unusual Items Excluding Goodwill
104.67
+151.15%
41.68
-28.86%
58.58
+18.95%
49.25
Special Income Charges
30.44
+21.76%
25.00
-53.24%
53.46
+21.65%
43.94
Other Special Charges
0.22
-18.42%
0.27
+104.77%
-5.58
+27.04%
-7.65
Impairment Of Capital Assets
3.19
+118.55%
1.46
0.00
-100.00%
0.25
Restructuring And Mergern Acquisition
0.00
+100.00%
-26.73
0.00
+100.00%
-0.30
Net Income
135.97
+130.57%
58.97
+800.86%
6.55
+107.00%
-93.48
Pretax Income
135.00
+132.07%
58.17
+1319.52%
4.10
+104.25%
-96.44
Net Non Operating Interest Income Expense
-162.71
-17.25%
-138.77
+13.11%
-159.71
+24.81%
-212.40
Interest Expense Non Operating
175.96
+13.90%
154.49
-10.65%
172.91
-20.45%
217.34
Net Interest Income
-162.71
-17.25%
-138.77
+13.11%
-159.71
+24.81%
-212.40
Interest Expense
175.96
+13.90%
154.49
-10.65%
172.91
-20.45%
217.34
Interest Income Non Operating
13.25
-15.67%
15.71
+19.05%
13.20
+167.29%
4.94
Interest Income
13.25
-15.67%
15.71
+19.05%
13.20
+167.29%
4.94
Other Income Expense
157.95
+144.47%
64.61
-8.29%
70.45
+2.03%
69.05
Gain On Sale Of Security
74.23
+345.12%
16.68
+225.39%
5.12
-3.41%
5.31
Gain On Sale Of Business
33.85
0.00
-100.00%
47.88
+32.08%
36.25
Tax Provision
0.47
-54.98%
1.05
+18.01%
0.89
-70.96%
3.08
Tax Rate For Calcs
0.00
-80.60%
0.00
-91.69%
0.00
+3.88%
0.00
Tax Effect Of Unusual Items
0.37
-51.27%
0.76
-94.09%
12.78
+23.57%
10.34
Net Income Including Noncontrolling Interests
134.53
+135.53%
57.12
+1682.68%
3.20
+103.22%
-99.52
Net Income From Continuing Operation Net Minority Interest
135.97
+130.57%
58.97
+800.86%
6.55
+107.00%
-93.48
Net Income From Continuing And Discontinued Operation
135.97
+130.57%
58.97
+800.86%
6.55
+107.00%
-93.48
Net Income Continuous Operations
134.53
+135.53%
57.12
+1682.68%
3.20
+103.22%
-99.52
Minority Interests
1.44
-22.23%
1.85
-44.55%
3.34
-44.60%
6.03
Normalized Income
31.67
+75.43%
18.05
+145.98%
-39.26
+70.35%
-132.39
Net Income Common Stockholders
133.88
+131.77%
57.76
+963.21%
5.43
+105.66%
-96.02
Otherunder Preferred Stock Dividend
2.09
+73.22%
1.21
+8.36%
1.11
-56.13%
2.54
Diluted EPS
4.34
+132.09%
1.87
+1000.00%
0.17
+105.31%
-3.20
Basic EPS
4.41
+135.83%
1.87
+1000.00%
0.17
+105.31%
-3.20
Basic Average Shares
30.34
-1.82%
30.91
-1.27%
31.30
+4.18%
30.05
Diluted Average Shares
30.84
-0.39%
30.96
-1.09%
31.30
+4.18%
30.05
Diluted NI Availto Com Stockholders
133.88
+131.77%
57.76
+963.21%
5.43
+105.66%
-96.02
Depreciation Amortization Depletion Income Statement
165.16
+17.47%
140.59
-26.20%
190.50
-25.67%
256.31
Depreciation And Amortization In Income Statement
165.16
+17.47%
140.59
-26.20%
190.50
-25.67%
256.31
Earnings From Equity Interest
53.28
+132.32%
22.93
+93.27%
11.87
-40.06%
19.80
Other Taxes
—
—
—
57.12
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Assets
2,729.10
-0.66%
2,747.19
+14.19%
2,405.91
Current Assets
494.09
-1.36%
500.90
+16.11%
431.41
Cash Cash Equivalents And Short Term Investments
335.37
+18.11%
283.94
-4.18%
296.33
Cash And Cash Equivalents
42.29
+3.67%
40.79
+19.31%
34.19
Other Short Term Investments
293.09
+20.54%
243.15
-7.25%
262.14
Receivables
48.05
+0.21%
47.95
+3.81%
46.19
Accounts Receivable
46.49
+1.96%
45.59
+4.97%
43.44
Other Receivables
1.56
-33.70%
2.36
-14.39%
2.75
Loans Receivable
—
—
—
Restricted Cash
110.67
-2.01%
112.94
+27.06%
88.89
Assets Held For Sale Current
0.00
-100.00%
56.08
0.00
Total Non Current Assets
2,235.01
-0.50%
2,246.29
+13.77%
1,974.50
Goodwill And Other Intangible Assets
272.89
-21.45%
347.41
+9.96%
315.93
Other Intangible Assets
272.89
-21.45%
347.41
+9.96%
315.93
Investments And Advances
85.94
+2.97%
83.47
+9.16%
76.46
Long Term Equity Investment
85.94
+2.97%
83.47
+9.16%
76.46
Total Liabilities Net Minority Interest
2,364.43
-2.87%
2,434.33
+17.30%
2,075.29
Current Liabilities
193.64
-12.64%
221.65
+18.86%
186.49
Payables And Accrued Expenses
193.64
-12.64%
221.65
+18.86%
186.49
Total Non Current Liabilities Net Minority Interest
2,170.78
-1.89%
2,212.68
+17.15%
1,888.80
Long Term Debt And Capital Lease Obligation
2,170.78
-1.89%
2,212.68
+17.15%
1,888.80
Long Term Debt
2,170.78
-1.89%
2,212.68
+17.15%
1,888.80
Long Term Capital Lease Obligation
—
—
80.41
Stockholders Equity
374.94
+15.88%
323.55
-4.65%
339.32
Common Stock Equity
374.94
+15.88%
323.55
-4.65%
339.32
Capital Stock
0.03
-3.23%
0.03
-3.13%
0.03
Common Stock
0.03
-3.23%
0.03
-3.13%
0.03
Preferred Stock
—
—
—
Share Issued
30.32
-1.27%
30.71
-3.95%
31.98
Ordinary Shares Number
30.32
-1.27%
30.71
-3.95%
31.98
Treasury Shares Number
0.00
+0.00%
0.00
+0.00%
0.00
Additional Paid In Capital
687.42
-1.03%
694.57
-3.42%
719.12
Retained Earnings
-312.96
+15.83%
-371.83
+2.26%
-380.45
Gains Losses Not Affecting Retained Earnings
0.44
-43.35%
0.78
+28.20%
0.61
Minority Interest
-10.26
+3.93%
-10.68
-22.73%
-8.70
Other Equity Adjustments
0.44
-43.35%
0.78
+28.20%
0.61
Total Equity Gross Minority Interest
364.67
+16.56%
312.86
-5.37%
330.62
Total Capitalization
2,545.72
+0.37%
2,536.23
+13.83%
2,228.12
Working Capital
300.45
+7.59%
279.25
+14.02%
244.92
Invested Capital
2,545.72
+0.37%
2,536.23
+13.83%
2,228.12
Total Debt
2,170.78
-1.89%
2,212.68
+17.15%
1,888.80
Net Debt
2,128.50
-2.00%
2,171.89
+17.11%
1,854.62
Capital Lease Obligations
—
—
80.41
Net Tangible Assets
102.04
+527.65%
-23.86
-202.01%
23.39
Tangible Book Value
102.04
+527.65%
-23.86
-202.01%
23.39
Investment Properties
1,876.17
+3.35%
1,815.42
+14.75%
1,582.11
Investmentsin Associatesat Cost
—
—
—
Line Of Credit
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
249.68
+23.47%
202.22
+10.19%
183.52
-11.87%
208.23
Cash Flow From Continuing Operating Activities
249.68
+23.47%
202.22
+10.19%
183.52
-11.87%
208.23
Net Income From Continuing Operations
134.53
+135.53%
57.12
+1682.68%
3.20
+103.22%
-99.52
Depreciation Amortization Depletion
179.79
+15.06%
156.26
-26.27%
211.93
-23.52%
277.11
Depreciation
165.16
+17.47%
140.59
-26.20%
190.50
-25.67%
256.31
Amortization Cash Flow
14.64
-6.56%
15.67
-26.88%
21.43
+3.01%
20.80
Depreciation And Amortization
179.79
+15.06%
156.26
-26.27%
211.93
-23.52%
277.11
Amortization Of Intangibles
14.64
-6.56%
15.67
-26.88%
21.43
+3.01%
20.80
Other Non Cash Items
32.58
+369.45%
-12.09
-147.15%
25.65
-77.17%
112.34
Stock Based Compensation
16.75
+12.20%
14.93
+14.99%
12.98
+9.23%
11.88
Asset Impairment Charge
3.22
+90.42%
1.69
+4235.90%
0.04
-96.41%
1.09
Deferred Tax
0.01
+100.67%
-1.65
-28.60%
-1.28
-213.74%
1.13
Deferred Income Tax
0.01
+100.67%
-1.65
-28.60%
-1.28
-213.74%
1.13
Operating Gains Losses
-161.14
-315.42%
-38.79
+43.07%
-68.14
+0.81%
-68.70
Gain Loss On Investment Securities
-74.23
-345.12%
-16.68
-225.39%
-5.12
+3.41%
-5.31
Change In Working Capital
-0.41
-110.08%
4.10
+121.23%
-19.30
+62.17%
-51.01
Change In Receivables
-1.89
+20.53%
-2.38
+36.65%
-3.75
+64.25%
-10.49
Changes In Account Receivables
—
—
—
-10.49
Change In Payables And Accrued Expense
-6.30
+25.94%
-8.51
+49.33%
-16.79
+58.19%
-40.16
Change In Other Current Assets
7.78
-48.09%
14.98
+1101.44%
1.25
+451.27%
-0.35
Investing Cash Flow
-115.11
-277.08%
65.01
+3721.63%
1.70
+101.09%
-156.69
Cash Flow From Continuing Investing Activities
-115.11
-277.08%
65.01
+3721.63%
1.70
+101.09%
-156.69
Net Investment Purchase And Sale
-50.92
-371.00%
18.79
-56.06%
42.76
+130.47%
-140.34
Purchase Of Investment
-416.20
-15.35%
-360.82
-15.36%
-312.78
+57.79%
-741.04
Sale Of Investment
365.28
-3.78%
379.61
+6.77%
355.54
-40.81%
600.70
Net Business Purchase And Sale
-4.44
+53.21%
-9.49
+13.13%
-10.93
-234.23%
-3.27
Gain Loss On Sale Of Business
-33.85
0.00
+100.00%
-47.88
-32.08%
-36.25
Net Other Investing Changes
-1.93
-126.18%
7.38
+409.78%
-2.38
+30.37%
-3.42
Financing Cash Flow
-135.42
+42.74%
-236.50
-15.88%
-204.09
-39.98%
-145.80
Cash Flow From Continuing Financing Activities
-135.42
+42.74%
-236.50
-15.88%
-204.09
-39.98%
-145.80
Net Issuance Payments Of Debt
-31.30
+78.60%
-146.26
-85.14%
-79.00
+20.34%
-99.17
Issuance Of Debt
188.00
0.00
0.00
-100.00%
425.00
Repayment Of Debt
-219.30
-49.94%
-146.26
-85.14%
-79.00
+84.93%
-524.17
Long Term Debt Issuance
188.00
0.00
0.00
-100.00%
425.00
Long Term Debt Payments
-219.30
-49.94%
-146.26
-85.14%
-79.00
+84.93%
-524.17
Net Long Term Debt Issuance
-31.30
+78.60%
-146.26
-85.14%
-79.00
+20.34%
-99.17
Net Common Stock Issuance
-18.06
+50.47%
-36.46
-3187.47%
-1.11
0.00
Common Stock Payments
-18.06
+50.47%
-36.46
-3187.47%
-1.11
0.00
Common Stock Dividend Paid
-77.09
-53.10%
-50.36
+57.36%
-118.09
-394.67%
-23.87
Cash Dividends Paid
-77.09
-53.10%
-50.36
+57.36%
-118.09
-394.67%
-23.87
Repurchase Of Capital Stock
-18.06
+50.47%
-36.46
-3187.47%
-1.11
0.00
Net Other Financing Charges
-8.96
-161.52%
-3.43
+41.78%
-5.89
+74.12%
-22.75
Changes In Cash
-0.85
-102.77%
30.73
+262.81%
-18.87
+79.98%
-94.25
Beginning Cash Position
153.80
+24.97%
123.08
-13.30%
141.95
-39.90%
236.20
End Cash Position
152.95
-0.55%
153.80
+24.97%
123.08
-13.30%
141.95
Free Cash Flow
249.68
+23.47%
202.22
+10.19%
183.52
-11.87%
208.23
Interest Paid Supplemental Data
136.11
+3.64%
131.33
-3.54%
136.15
+9.66%
124.15
Common Stock Issuance
—
—
—
0.00
Dividend Received CFO
44.35
+114.60%
20.66
+12.11%
18.43
-22.89%
23.91
Dividends Received CFI
11.08
+118.31%
5.08
-4.19%
5.30
-79.27%
25.55
Earnings Losses From Equity Investments
-53.28
-132.32%
-22.93
-93.27%
-11.87
+40.06%
-19.80
Issuance Of Capital Stock
—
—
—
0.00
Net Investment Properties Purchase And Sale
-68.90
-259.29%
43.25
+230.88%
-33.05
+6.10%
-35.20
Purchase Of Investment Properties
-237.76
-556.95%
-36.19
+15.56%
-42.86
+4.40%
-44.83
Sale Of Investment Properties
168.86
+112.55%
79.45
+709.85%
9.81
+1.84%
9.63
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
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