CBL & Associates (NYSE:CBL) Azioni

CBL & Associates

CBL & Associates Properties Inc is a real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.

CBL & Associates Properties, Inc. Common Stock

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CBL Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) today announced that it had closed on the sale of Imperial Valley Mall in El Centro, CA, for $38.1 million, all cash. The property served as collateral under CBL's non-recourse term loan. Net proceeds from the sale were applied to the term loan principal balance, which after closing, was reduced to $630.8 million.

News

Asset Sales

CBL Properties Announces It Had Closed On The Sale Of Imperial Valley Mall In El Centro, CA, For $38.1M, All Cash

The special dividend is payable on March 31, 2025, to shareholders of record as of March 13, 2025.
Also, CBL Properties Board declared a regular cash dividend of $0.40 per common share for the quarter ending March 31, 2025. The dividend, which equates to an annual dividend payment of $1.60 per common share, is payable on March 31, 2025, to shareholders of record as of March 13, 2025.

Dividends

CBL Properties Declares Special Cash Dividend Of $0.80 Per Common Share

The life of shopping malls has transformed in recent years with big-box tenants going bankrupt and malls looking for new uses for their large real estate space, including new tenants, apartments and entertainment experiences like<a href="https://www.benzinga.com/general/entertainment/24/06/39439112/will-netflix-save-shopping-malls-new-experiences-a-potential-game-changer-for-retail-center"> those from Netflix.</a>
Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) is now the owner of a shopping mall and the move will likely be closely followed by the real estate sector.
 What Happened: For what is believed to be the first time in company history, Walmart is the owner of a shopping mall. The <a href="https://www.benzinga.com/news/24/11/42247997/walmart-shoppers-shun-electronics-for-black-friday-deals-on-eggs-bread-slippers">world's largest retailer </a>paid $34 million to acquire the Monroeville Mall, located near Pittsburgh.
Walmart purchased the mall from CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) recently and partnered with Cypress Equities to redevelop the property. Cypress has been used by Walmart previously to help with site selection on new retail locations.
"Walmart did purchase the Monroeville Mall and is very interested in being part of any future redevelopment of this site," Walmart said in a statement, as <a href="https://www.retaildive.com/news/walmart-buys-pittsburgh-area-mall/739277/">reported </a>by Retail Dive. "Walmart is working with Cypress on mall operations and potential redevelopment of the site."
The retailer is staying quiet on what the redevelopment plans look like for the 1.2 million square foot mall. The mall occupies 186 acres and sits near several major highways.
The Monroeville Mall, which was built in 1969, was last renovated in 2003. CBL bought the mall for $231.2 million in 2004.
Covering two stories, the mall has over 130 stores, which currently include Macy's, JCPenney, Dick's Sporting Goods, Best Buy, Barnes &amp; Noble and a Cinemark movie theater.
CBL, who listed the property for sale in December, said the mall gets over 3.5 million annual visits. &nbsp;
Read Also: <a href="https://www.benzinga.com/media/25/02/43501464/walmart-reshapes-workforce-shuts-offices-as-it-consolidates-operations">Walmart Reshapes Workforce, Shuts Offices As It Consolidates Operations</a>
Why It's Important: With Walmart or Cypress not providing details on what will happen to the mall, a lot could change in the coming months.
The biggest question mark is why Walmart bought the mall, which leads into the second biggest question of will Walmart add its own store or a Sam's Club to the tenants that make up Monroeville Mall.
The report said Walmart does not have a store in Monroeville and has eyed the location before. With the mall having prominent real estate by major highways, a Walmart as a mall anchor could make a lot of sense and help justify the purchase price.
Based on what happens with this mall redevelopment it will also be interesting to see if Walmart keeps ownership of the property and becomes landlord to the other retailers and if the company would utilize this model at other shopping malls across the country.
WMT Price Action: Walmart stock closed 1.68% up at $102.46 on Wednesday versus a 52-week trading range of $55.85 to $102.58. Walmart stock hit the new 52-week highs during Wednesday's intraday session and the stock is now up 82% over the last year.
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Photo: Shutterstock

Trading Ideas

Real Estate

Walmart Stock Hits New All-Time Highs, Company Goes Shopping For ... Malls?

CoolSprings Galleria in Nashville, TN, Oak Park Mall in Kansas City, KS, and West County Center in St. Louis, MO, Now Wholly Owned by CBL
CBL Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) today announced that it had closed on the acquisition of its partner's 50% joint venture interests in CoolSprings Galleria in Nashville, TN, Oak Park Mall in Kansas City, KC, and West County Center in St. Louis, MO. The interests were acquired for a total cash consideration of $22.5 million. CBL also assumed an aggregate $266.7 million in three non-recourse loans, secured individually by each of the assets.

CBL Properties Acquires Partner's 50% Joint Venture Interests In 3 Of Its Properties For A Total Cash Consideration Of $22.5M; Also Assumed An Aggregate $266.7M In 3 Non-Recourse Loans, Secured Individually By Each Of The Assets.

As of Dec. 16, 2024, three stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">CBL &amp; Associates Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>)</h3>
<ul>
<li>On Nov. 11, CBL &amp; Associates posted an increase in quarterly EPS. &#8220;The overall environment for the shopping center industry remains positive,&#8221; said CBL&#8217;s chief executive officer, Stephen D. Lebovitz. The company's shares gained around 14% over the past month and has a <a href="https://www.benzinga.com/quote/CBL">52-week high of $32.20</a>.</li>
<li>RSI Value: 70.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>CBL Price Action: Shares of CBL gained 0.3% to close at $31.44 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Macerich Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAC#NYSE">MAC</a>)</h3>
<ul>
<li>On Dec. 11, Piper Sandler analyst Alexander Goldfarb maintained Macerich with an Underweight and raised the price target from $14 to $17. The company's stock gained around 11% over the past month and <a href="https://www.benzinga.com/quote/MAC">has a 52-week high</a> of $22.27.</li>
<li>RSI Value: 70.59</li>
<li>MAC Price Action: Shares of Macerich closed at $21.50 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Sunstone Hotel Investors Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>)</h3>
<ul>
<li>On Dec. 9, Wells Fargo analyst Dori Kesten maintained Sunstone Hotel Investors with an Equal-Weight and raised the price target from $11 to $13. The company's stock gained around 21% over the past month and has a <a href="https://www.benzinga.com/quote/SHO">52-week high</a> of $12.35.</li>
<li>RSI Value: 77.04</li>
<li>SHO Price Action: Shares of Sunstone Hotel Investors closed at $12.21 on Friday.</li>
</ul>
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Short Ideas

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Markets

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CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) reported quarterly earnings of $0.52 per share. This is a 26.83 percent increase over earnings of $0.41 per share from the same period last year. The company reported $125.09 million in sales this quarter. This is a 3.29 percent decrease over sales of $129.35 million the same period last year.

Earnings

CBL & Associates Q3 EPS $0.52 Up From $0.41 YoY, Sales $125.09M Down From $129.35M YoY

CBL Accelerates Dividend Payment From Dec. 31 To Dec. 11

CBL Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) today announced that it completed the repurchase of 500,000 shares of CBL stock for $12.525 million, in a privately negotiated block trade from a single shareholder. The block repurchase was completed separately from CBL's existing stock repurchase program described below.
On August 10, 2023, CBL announced that its Board of Directors authorized a stock repurchase program for the Company to buy up to $25.0 million of its common stock. As of September 20, 2024, CBL had completed all repurchase activity under this program. A total of 1,074,826 shares were repurchased under the program at a weighted average share price of $23.259 per share.

Insider Trades

CBL Properties Announces That It Completed The Repurchase Of 500K Shares Of Stock For $12.525M, In A Privately Negotiated Block Trade From A Single Shareholder

CBL Properties Sells Layton Hills Convenience Center, Layton Hills Plaza And Nine Related Outparcels for $28.5M

Michael I Lebovitz, President at CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>), disclosed an insider sell on August 19, according to a recent SEC filing.
What Happened: After conducting a thorough analysis, Lebovitz sold 42,627 shares of CBL &amp; Associates. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000910612/000112760224022399//Archives/edgar/data/910612/000112760224022399/0001127602-24-022399-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The total transaction value is $1,103,034.
CBL &amp; Associates shares are trading up 0.93% at $26.09 at the time of this writing on Monday morning.
<h3>All You Need to Know About CBL &amp; Associates</h3>
CBL &amp; Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
<h3>A Deep Dive into CBL &amp; Associates's Financials</h3>
Decline in Revenue: Over the 3 months period, CBL &amp; Associates faced challenges, resulting in a decline of approximately -0.16% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 66.88%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): CBL &amp; Associates's EPS reflects a decline, falling below the industry average with a current EPS of 0.14.
</li>
</ul>
Debt Management: CBL &amp; Associates's debt-to-equity ratio is notably higher than the industry average. With a ratio of 6.0, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 28.1 is lower than the industry average, implying a discounted valuation for CBL &amp; Associates's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.53, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 6.31, CBL &amp; Associates could be considered undervalued.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Why Insider Activity Matters in Finance</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000910612">Check Out The Full List Of CBL &amp; Associates's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CBL & Associates President Sold $1.10M In Company Stock

CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) reported quarterly earnings of $0.14 per share. This is a 120.9 percent increase over losses of $(0.67) per share from the same period last year. The company reported $129.66 million in sales this quarter. This is a 0.16 percent decrease over sales of $129.87 million the same period last year.

CBL & Associates Q2 EPS $0.14 Up From $(0.67) YoY, Sales $129.66M Down From $129.87M YoY

Making a noteworthy insider sell on July 31, Strategic Value Partners LLC, 10% Owner at CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>), is reported in the latest SEC filing.
What Happened: LLC's decision to sell 40,503 shares of CBL &amp; Associates was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000910612/000106299324014258//Archives/edgar/data/910612/000106299324014258/0001062993-24-014258-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,054,333.
In the Thursday's morning session, CBL &amp; Associates's shares are currently trading at $25.74, experiencing a down of 0.12%.
<h3>Unveiling the Story Behind CBL &amp; Associates</h3>
CBL &amp; Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
<h3>Financial Insights: CBL &amp; Associates</h3>
Revenue Growth: CBL &amp; Associates's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -5.31%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company shows a low gross margin of 66.67%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): CBL &amp; Associates's EPS reflects a decline, falling below the industry average with a current EPS of -0.01.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 5.74, CBL &amp; Associates faces challenges in effectively managing its debt levels, indicating potential financial strain.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 257.7, CBL &amp; Associates's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.53, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 6.61 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
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<h3>Illuminating the Importance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000910612">Check Out The Full List Of CBL &amp; Associates's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Strategic Value Partners LLC Implements A Sell Strategy: Offloads $1.05M In CBL & Associates Stock

SVP Excelsior Management LLC, 10% Owner at CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>), reported an insider sell on July 31, according to a new SEC filing. 
What Happened: LLC's decision to sell 40,503 shares of CBL &amp; Associates was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000910612/000106299324014260//Archives/edgar/data/910612/000106299324014260/0001062993-24-014260-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,054,333.
During Thursday's morning session, CBL &amp; Associates shares down by 0.12%, currently priced at $25.74.
<h3>Unveiling the Story Behind CBL &amp; Associates</h3>
CBL &amp; Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
<h3>Breaking Down CBL &amp; Associates's Financial Performance</h3>
Revenue Growth: CBL &amp; Associates's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -5.31%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 66.67%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): CBL &amp; Associates's EPS is below the industry average. The company faced challenges with a current EPS of -0.01. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 5.74, caution is advised due to increased financial risk.
Navigating Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: CBL &amp; Associates's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 257.7.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 1.53, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): CBL &amp; Associates's EV/EBITDA ratio, lower than industry averages at 6.61, indicates attractively priced shares.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>The Insider's Guide to Important Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000910612">Check Out The Full List Of CBL &amp; Associates's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CBL & Associates 10% Owner Sold $1.05M In Company Stock

Disclosed on July 29, Strategic Value Partners LLC, 10% Owner at CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: LLC's recent move involves selling 19,710 shares of CBL &amp; Associates. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000910612/000106299324014145//Archives/edgar/data/910612/000106299324014145/0001062993-24-014145-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The total value is $509,416.
The latest market snapshot at Tuesday morning reveals CBL &amp; Associates shares down by 0.0%, trading at $25.95.
<h3>Delving into CBL &amp; Associates's Background</h3>
CBL &amp; Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
<h3>Breaking Down CBL &amp; Associates's Financial Performance</h3>
Revenue Challenges: CBL &amp; Associates's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -5.31%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: With a low gross margin of 66.67%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): CBL &amp; Associates's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of -0.01.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 5.74, caution is advised due to increased financial risk.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: CBL &amp; Associates's current Price to Earnings (P/E) ratio of 259.5 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.54, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): CBL &amp; Associates's EV/EBITDA ratio at 6.62 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Illuminating the Importance of Insider Transactions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000910612">Check Out The Full List Of CBL &amp; Associates's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

10% Owner Of CBL & Associates Sold $509K In Stock

Making a noteworthy insider sell on July 29, SVP Excelsior Management LLC, 10% Owner at CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>), is reported in the latest SEC filing.
What Happened: LLC opted to sell 19,710 shares of CBL &amp; Associates, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000910612/000106299324014146//Archives/edgar/data/910612/000106299324014146/0001062993-24-014146-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The transaction's total worth stands at $509,416.
Tracking the Tuesday's morning session, CBL &amp; Associates shares are trading at $25.95, showing a down of 0.0%.
<h3>About CBL &amp; Associates</h3>
CBL &amp; Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
<h3>Financial Milestones: CBL &amp; Associates's Journey</h3>
Negative Revenue Trend: Examining CBL &amp; Associates's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -5.31% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 66.67%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): CBL &amp; Associates's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of -0.01.
</li>
</ul>
Debt Management: CBL &amp; Associates's debt-to-equity ratio stands notably higher than the industry average, reaching 5.74. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: CBL &amp; Associates's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 259.5.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.54, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 6.62, CBL &amp; Associates presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Unmasking the Significance of Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Transaction Codes To Focus On</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000910612">Check Out The Full List Of CBL &amp; Associates's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Unloading: SVP Excelsior Management LLC Sells $509K Worth Of CBL & Associates Shares

CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) reported quarterly losses of $(0.01) per share. This is a 116.67 percent decrease over earnings of $0.06 per share from the same period last year. The company reported $129.12 million in sales this quarter. This is a 5.31 percent decrease over sales of $136.36 million the same period last year.

CBL & Associates Q1 EPS $(0.01) Down From $0.06 YoY, Sales $129.12M Down From $136.36M YoY

Today CBL Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) announced it has executed multiple deals with global lifestyle retailer MINISO, expanding the brand's presence to a dozen new markets in the United States. The first wave of store openings started in November 2023 at Valley View Mall in Roanoke, Virginia, and Hanes Mall in Winston-Salem, North Carolina, followed by the January 2024 opening at Coastal Grand Mall in Myrtle Beach, South Carolina. Throughout the rest of 2024, stores will open at CoolSprings Galleria (Nashville, TN), Hamilton Place (Chattanooga, TN), West County Center and South County Center (St. Louis, MO), Parkway Place (Huntsville, AL), Post Oak Mall (Waco, TX), Fayette Mall (Lexington, KY), Westmoreland Mall (Greensburg, PA), Oak Park Mall (Overland Park, KS), and Kirkwood Mall (Bismarck, ND).
"We are thrilled to work with MINISO to add to their U.S. store fleet at CBL properties across the south, east coast, and Midwest," said Stephen Lebovitz, chief executive officer, CBL Properties. "MINISO is an innovative retailer catering to a generation of customers who over the last few years have shown a preference for shopping at malls. These stores are becoming a destination for visitors to our properties and complement the dynamic mix of retailers, restaurants, and entertainment they already offer."
In addition to MINISO, CBL is working with several brands that are working to expand their mall-based presence including Five Below, Aerie, Garage, and many others.

CBL Properties And MINISO Partner To Expand Its U.S. Presence To 13 CBL Malls

Making a noteworthy insider sell on February 29, Stephen D Lebovitz, CEO at CBL &amp; Associates (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>), is reported in the latest SEC filing.
What Happened: Lebovitz's decision to sell 45,077 shares of CBL &amp; Associates was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000910612/000112760224007514//Archives/edgar/data/910612/000112760224007514/0001127602-24-007514-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value of the sale is $1,061,200.
The latest update on Thursday morning shows CBL &amp; Associates shares down by 0.0%, trading at $23.47.
<h3>All You Need to Know About CBL &amp; Associates</h3>
CBL &amp; Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. . CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
<h3>Financial Insights: CBL &amp; Associates</h3>
Positive Revenue Trend: Examining CBL &amp; Associates's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.01% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Exploring Profitability:
<ul>
<li>
Gross Margin: With a high gross margin of 84.07%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): CBL &amp; Associates's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.37.
</li>
</ul>
Debt Management: CBL &amp; Associates's debt-to-equity ratio stands notably higher than the industry average, reaching 5.8. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
In-Depth Valuation Examination:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 138.06 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 1.37 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 6.59, CBL &amp; Associates could be considered undervalued.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Pay Attention to Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes Worth Your Attention</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000910612">Check Out The Full List Of CBL &amp; Associates's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Massive Insider Trade At CBL & Associates

Investors are always happy to hear that a stock in their portfolio has announced a dividend increase. For income investors, it means a monthly or quarterly raise. For investors who are more concerned with growth, such dividend hikes also portend an increase in future earnings as well.&nbsp;
A dividend increase usually indicates that the board of directors has faith that future earnings can cover the dividend hike comfortably. In addition, a dividend increase often makes the stock more attractive to investors. Share price appreciation often follows dividend increases.
Take a look at three real estate investment trusts (REITs) that have just announced dividend hikes this week. Two of the three have upcoming earnings reports.
Weyerhaeuser Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>) is a Seattle-based specialty REIT that owns and operates 11 million acres of timberland, manages 14 million acres of additional timberlands in Canada and manufactures wood products for homebuilding. It was formed in 1990.
On Feb. 9, Weyerhaeuser announced a 5.3% increase in its quarterly dividend from $0.19 to $0.20 per share. The dividend is payable March 22 for shareholders of record on March 8, and the ex-dividend date is March 7.
In addition to this latest announcement, on Jan. 25, Weyerhaeuser also declared a supplemental dividend of $0.14 per share, payable Feb. 27 to shareholders of record at the close of business on Feb. 16. So investors can get a double payout.
The dividend increases came after Weyerhaeuser reported its fourth-quarter operating results on Jan. 25. Non-generally accepted accounting principles (GAAP) earnings per share (EPS) of $0.16 per share beat the estimates of $0.14 per share but were well below fourth-quarter 2022 EPS of $0.24 per share. Revenue of $1.77 billion also missed the estimates by $30 million.
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Community Healthcare Trust Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHCT#NYSE">CHCT</a>) is a Franklin, Tennessee-based self-managed healthcare REIT that owns 191 properties across 34 states. Its diverse portfolio includes medical office buildings, specialty centers, behavioral facilities and inpatient rehabilitation centers.
On Feb. 9, Community Healthcare announced a small increase in its quarterly dividend from $0.455 to $0.4575 per share. The dividend is payable on March 1 for shareholders of record on Feb. 20, with an ex-dividend date of February 16. With this latest increase, Community Healthcare has now had 34 consecutive quarters of dividend growth.
The forward annual dividend of $1.83 now yields 7.2%. However, the payout ratio is 89.7%, which is high. Investors will be looking at Community Healthcare's next earnings report, due out on Feb. 13, to see whether this dividend hike is a portend for an increase in funds from operations (FFO).
On Jan. 16, Truist Securities analyst Michael Lewis maintained a Buy rating on Community Healthcare, while lowering the price target from $36 to $35.
CBL &amp; Associates Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBL#NYSE">CBL</a>) is a Chattanooga, Tennessee-based REIT that invests in shopping malls in the Southeastern and Midwestern U.S. CBL has 94 properties, including mall, outlet and lifestyle centers and open-air centers.
On Feb. 8, CBL Properties announced a 6.7% increase in its quarterly dividend from $0.375 to $0.40 per share. The dividend is payable on March 29 for shareholders of record on March 15. The ex-dividend date is March 14.
The forward annual dividend of $1.60 yields 6.8% on its recent closing price of $23.36. The payout ratio is now 25.5%.
Shopping malls have been thriving recently. Simon Property Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>) is another mall REIT that recently reported excellent earnings and raised its dividend.
CBL Properties declared a Chapter 11 bankruptcy in November 2020 and emerged a year later with a $1.7 billion debt reduction. It's had its share of financial difficulties and a high debt load, but may be turning the corner. It has now raised the dividend 60% from $0.25 in November 2022 to the new $0.40 dividend.
CBL's next earnings report is scheduled for Feb. 20. Shares have pulled back to oversold levels since reaching $25.28 intraday on Jan. 12, so a good report would likely give the share price a substantial boost.
Weekly REIT Report: REITs are one of the most misunderstood investment options, making it difficult for investors to spot incredible opportunities until it's too late. Benzinga's in-house real estate research team has been working hard to identify the greatest opportunities in today's market, which you can gain access to for free by signing up for the <a href="https://www.benzinga.com/money/reit-newsletter">Weekly REIT Report.</a>
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<li>Elon Musk has reportedly bought 6,000 acres of land just outside of Austin.<a href="https://www.benzinga.com/real-estate/23/05/32537165/elon-musk-is-bullish-on-austin-heres-how-to-invest-in-the-citys-growth-before-he-floods-it-with-new"> Here&#8217;s how to invest in the city&#8217;s growth</a> before he floods it with new tech workers.</li>
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REIT

CHCT

3 REITs That Just Increased Dividends

CBL Properties Announced 6.7% Increase In Quarterly Dividend From $0.3750 To $0.40 Per Share

Press Releases

CBL Properties Accelerates Payment of Previously Declared Fourth Quarter Common Stock Dividend

CBL Properties Reports Strong Results for Third Quarter 2024

Mutual Funds

Franklin Templeton Canada Announces ETF Cash Distributions and Estimated Annual Reinvested Distributions

CBL Properties Acquires Joint Venture Partner's Interest in Three of Its Top Properties

CBL Properties Announces Tax Reporting Information for Common Stock Dividends

CBL Properties Announces Sale of Monroeville Mall for $34.0 Million

CBL Properties Declares First Quarter Regular Dividend and Special Cash Common Stock Dividend

CBL Properties Reports Strong Results for Fourth Quarter and Full-Year 2024

CBL Properties Announces Sale of Imperial Valley Mall for $38.1 Million

CBL Properties Announces Officer Promotions

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