Many CBL & Associates Properties, Inc.(CBL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. CBL & Associates Properties was Upgraded by Citigroup to Neutral on Jan 30, 2017. CBL & Associates Properties was Downgraded by Citigroup to Sell on Dec 13, 2016.
Company has reported several Insider transactions to the SEC, on Nov 12, 2015, Farzana K Mitchell (CFO) purchased 825 shares at 13.30 per share price.On Sep 23, 2015, Matthew Dominski (director) purchased 5,000 shares at 25.22 per share price.
CBL & Associates Properties Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.66. The company had revenue of $258.49 million for the quarter, compared to analysts expectations of $265.54 million. The companys revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.71 EPS.
CBL & Associates Properties, Inc. (NYSE:CBL) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.67 by 12 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
CBL & Associates Properties, Inc. (NYSE:CBL): The mean short term price target for CBL & Associates Properties, Inc. (NYSE:CBL) has been established at $13.86 per share. The higher price target estimate is at $19 and the lower price target estimate is expected at $10 according to 11 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3.03
CBL & Associates Properties, Inc. (NYSE:CBL) witnessed a decline in the market cap on Tuesday as its shares dropped 0.56% or 0.06 points. After the session commenced at $10.72, the stock reached the higher end at $10.75 while it hit a low of $10.53. With the volume soaring to 1,813,767 shares, the last trade was called at $10.72. The company has a 52-week high of $14.3. The company has a market cap of $1,831 million and there are 170,792,650 shares in outstanding. The 52-week low of the share price is $8.86.
CBL & Associates Properties, Inc. is a fully integrated real estate investment trust which owns, develops, acquires, leases, manages, and operates regional shopping malls, open-air centers, community centers and office properties. The Company conducts substantially all of its business through its operating partnership. It owns two qualified REIT subsidiaries: CBL Holdings I, Inc. and CBL Holdings II, Inc. CBL & Associates Properties is headquartered in Chattanooga, Tennessee.