CBL & Associates Properties, Inc.

CBL

US1248308785

Commercial REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
21.92 ^USD	+1.58%		+0.46%	-10.24%

Mar. 21	CBL Properties and MINISO Partner to Expand Its U.S. Presence to Thirteen CBL Malls	CI
Mar. 15	Cbl & Associates Properties Insider Sold Shares Worth $612,068, According to a Recent SEC Filing	MT

CBL & Associates Properties, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 12, 2024 at 08:00 am EST

CBL & Associates Properties, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 134.01 million compared to USD 143.44 million a year ago. Revenue was USD 139.71 million compared to USD 149.61 million a year ago.

Net income was USD 11.81 million compared to USD 2.92 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.03 a year ago.

Latest news about CBL & Associates Properties, Inc.

CBL Properties and MINISO Partner to Expand Its U.S. Presence to Thirteen CBL Malls	Mar. 21	CI
Cbl & Associates Properties Insider Sold Shares Worth $612,068, According to a Recent SEC Filing	Mar. 15	MT
CBL & Associates Properties Insider Sold Shares Worth $331,601, According to a Recent SEC Filing	Mar. 13	MT
Cbl & Associates Properties Insider Sold Shares Worth $370,501, According to a Recent SEC Filing	Mar. 11	MT
Cbl & Associates Properties Insider Sold Shares Worth $1,061,200, According to a Recent SEC Filing	Feb. 29	MT
Tranche Update on CBL & Associates Properties, Inc.'s Equity Buyback Plan announced on August 10, 2023.	Feb. 12	CI
Earnings Flash (CBL) CBL PROPERTIES Reports Q4 Revenue $139.7M	Feb. 12	MT
CBL & Associates Properties, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 12	CI
CBL & Associates Properties, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 12	CI
CBL & Associates Properties Lifts March Quarter Cash Dividend 6.7% to $0.40 a Share, Payable March 29 to Holders as of March 15	Feb. 09	MT
CBL & Associates Properties, Inc. Announces Increase in Quarterly Dividend for the Quarter Ending March 31, 2024, Payable on March 29, 2024	Feb. 08	CI
CBL Properties Announces Number of New Retail, Service, Entertainment and Restaurant Concepts to its Portfolio with More Openings Planned for 2024 and Beyond	Dec. 04	CI
CBL & Associates Properties' Q3 Adjusted FFO, Revenue Fall; 2023 Adjusted FFO Outlook Affirmed	Nov. 09	MT
Tranche Update on CBL & Associates Properties, Inc.'s Equity Buyback Plan announced on August 10, 2023.	Nov. 09	CI
CBL & Associates Properties, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Earnings Flash (CBL) CBL PROPERTIES Reports Q3 Revenue $129.4M	Nov. 09	MT
CBL & Associates Properties, Inc. Declares Cash Dividend for the Quarter Ending December 31, 2023, Payable on December 29, 2023	Nov. 08	CI
CBL & Associates Properties, Horizon Group Close New $79.3 Million Loan	23-10-04	MT
CBL Properties and Horizon Group Properties Close $79.3 Million Non-Recourse Loan Secured by the Outlet Shoppes of Atlanta	23-10-03	CI
CBL & Associates Properties' Board Authorizes $25 Million Stock Buyback Plan	23-08-10	MT
CBL & Associates Properties, Inc. announces an Equity Buyback for $25 million worth of its shares.	23-08-10	CI
CBL & Associates Properties, Inc. authorizes a Buyback Plan.	23-08-09	CI
Earnings Flash (CBL) CBL PROPERTIES Posts Q2 Revenue $129.9M	23-08-09	MT
CBL & Associates Properties, Inc. Provides Earnings Guidance for the Year 2023	23-08-09	CI
CBL & Associates Properties, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-09	CI

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Company Profile

CBL & Associates Properties, Inc. is a self-managed, self-administered, fully integrated real estate investment trust (REIT). The Company owns, develops, acquires, leases, manages, and operates various properties. Its segments include Malls and All Other. The Malls segment includes malls, lifestyle centers and outlet centers. The All Other segment includes open-air centers, outparcels, office buildings, hotels, self-storage facilities, corporate-level debt and the Management Company. The Company primarily conducts its business through CBL & Associates Limited Partnership (the Operating Partnership), which is a variable interest entity. It owns two qualified REIT subsidiaries: CBL Holdings I, Inc. and CBL Holdings II, Inc. It owns and manages a portfolio, which is comprised of approximately 94 properties totaling 58.5 million square feet across 22 states, including 56 enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers and other assets.

Sector

Commercial REITs

Calendar

2024-05-13 - Q1 2024 Earnings Release (Projected)

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Russell 2000

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

21.92 USD

Average target price

34 USD

Spread / Average Target

+55.11%

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