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CBL & Associates Properties, Inc. (CBL)

Real Estate | REIT - Retail | Chattanooga, United States | NYSE
48.06 USD -0.62 (-1.274%) ⇩ (Oct. 13, 2026, 4 p.m. EDT)
After hours: 48.06

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:★★★⯪☆
Hot Take ↕ | Oct. 10, 2026, 8:51 a.m. EDT

CBL presents a compelling value trap scenario masked by aggressive insider selling and a precarious balance sheet. While the stock has rallied nearly 100% over the last year, the fundamentals tell a different story: the company is drowning in debt with a leverage ratio exceeding 480%, and its forward P/E is negative due to projected losses. This disconnect between the soaring share price and deteriorating financial health is the primary warning sign. The recent pullback to $48.51 offers a better entry point than the highs, yet the risk of further downside remains high given the refinancing pressures and potential anchor store shifts. The dividend yield of 5.08% is attractive but risky; with a payout ratio of only 28%, the company retains ample cash, yet the sheer size of the debt load makes sustaining this payout under stress uncertain. Options activity confirms this uncertainty, with traders betting on volatility rather than a clear bull case. For a long-term hold, the structural debt issues outweigh the current valuation appeal, warranting a cautious stance.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.053378
MSTL0.055743
AutoTheta0.093779
AutoARIMA0.156412

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 48%
H-stat 8.63
Ljung-Box p 0.000
Jarque-Bera p 0.605
Excess Kurtosis -0.52
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-09-14
Last Dividend Date 2026-09-14
Debt to Equity Ratio 481.72
Revenue per Share 19.459
Market Cap 1,487,108,864
Trailing P/E 6.98
Forward P/E -123.23
Beta 1.41
Profit Margins 36.96%
Website https://www.cblproperties.com

As of Oct. 10, 2026, 8:51 a.m. EDT: Speculators are positioning for a volatile range-bound outcome rather than a decisive breakout. In the near term (Oct 2026), heavy out-of-the-money call open interest at $60 suggests a bullish bias targeting the 52-week high, while significant put volume at deep strikes ($24.83) indicates a hedge against a severe crash. However, the November expiration shows a stark divergence: massive speculative volume in deep puts ($24.83 strike) compared to light call volume, suggesting traders are hedging downside risk or betting on a sharp correction. The January 2027 data reveals balanced positioning with notable open interest at both $45 and $60, implying a wide expected range. Overall, the flow suggests a 'straddle' mentality where investors expect significant movement in either direction, likely driven by retail foot traffic data or lease renewal news, rather than a clear directional trend.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.17% 5.40% 7.04% —
Dividend History
Date Dividend Yield %
2026-09-15 0.625 1.173489
2026-06-12 0.625 1.257545
2026-04-10 0.175 0.410028
2026-03-17 0.450 1.195854
2025-11-25 0.450 1.359927
2025-09-15 0.450 1.424051
2025-06-13 0.400 1.638673
2025-03-13 1.200 4.526594
2024-11-25 0.400 1.308472
2024-09-13 0.400 1.568627
2024-06-13 0.400 1.825650
2024-03-14 0.400 1.814882
2023-12-11 0.375 1.609442
2023-09-14 0.375 1.736915
2023-06-13 0.375 1.633987
2023-03-14 0.375 1.525631
2022-12-09 2.200 8.236616
2022-11-30 0.250 0.819672
2022-09-14 0.250 0.836400
2022-07-08 0.250 0.972384
Additional Data
dividendYield 5.2
exDividendDate 2026-09-15
trailingAnnualDividendRate 1.8
trailingAnnualDividendYield 0.03697617
lastDividendValue 0.625
lastDividendDate 2026-09-15
dividendDate 2026-09-30

Info Dump

Attribute Value
52 Week Change 0.63520324
Address1 CBL Center, 2030 Hamilton Place Blvd.
Address2 Suite 500
All Time High 60.4
All Time Low 19.9
Ask 0.0
Ask Size 400
Audit Risk 3
Average Daily Volume10 Day 388,110
Average Daily Volume3 Month 276,353
Average Volume 276,353
Average Volume10Days 388,110
Beta 1.412
Bid 0.0
Bid Size 100
Board Risk 2
Book Value 13.814
City Chattanooga
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 48.06
Current Ratio 0.47
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 49.15
Day Low 47.91
Debt To Equity 481.72
Display Name CBL & Associates Properties
Dividend Date 1,790,726,400
Dividend Yield 5.2
Earnings Growth 17.375
Earnings Quarterly Growth 15.834
Earnings Timestamp 1,786,046,400
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda 329,662,016
Ebitda Margins 0.56051
Enterprise To Ebitda 10.358
Enterprise To Revenue 5.806
Enterprise Value 3,414,642,944
Eps Current Year 3.24
Eps Forward -0.39
Eps Trailing Twelve Months 6.89
Esg Populated 0
Ex Dividend Date 1,789,430,400
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 423 490 8390
Fifty Day Average 54.4318
Fifty Day Average Change -6.3717995
Fifty Day Average Change Percent -0.11706024
Fifty Two Week Change Percent 63.520325
Fifty Two Week High 60.4
Fifty Two Week High Change -12.34
Fifty Two Week High Change Percent -0.20430464
Fifty Two Week Low 28.855
Fifty Two Week Low Change 19.205002
Fifty Two Week Low Change Percent 0.6655693
Fifty Two Week Range 28.855 - 60.4
Financial Currency USD
First Trade Date Milliseconds 1,635,859,800,000
Five Year Avg Dividend Yield 3.83
Float Shares 20,906,474
Forward Eps -0.39
Forward P E -123.230774
Free Cashflow 226,256,992
Full Exchange Name NYSE
Full Time Employees 408
Fullday Change -0.61999893
Fullday Change Percent -1.2736214
Fullday Price 48.06
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.65039
Gross Profits 382,526,016
Has Pre Post Market Data 1
Held Percent Insiders 0.12001
Held Percent Institutions 0.76227
Implied Shares Outstanding 30,942,757
Industry REIT - Retail
Industry Disp REIT - Retail
Industry Key reit-retail
Ir Website http://www.cblproperties.com/cbl.nsf/stock_info.html
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,789,430,400
Last Dividend Value 0.625
Last Fiscal Year End 1,767,139,200
Long Business Summary CBL & Associates Properties, Inc. is headquartered in Chattanooga, TN, CBL Properties 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 85 properties totaling 54.8 million square feet across 23 states, including 54 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 20 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. was established in 1978n and was incorporated in Delaware.
Long Name CBL & Associates Properties, Inc.
Market us_market
Market Cap 1,487,108,864
Market State PREPRE
Max Age 86,400
Message Board Id finmb_327735
Most Recent Quarter 1,782,777,600
Net Income To Common 213,860,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,641,822,686
Number Of Analyst Opinions 2
Open 49.12
Operating Cashflow 282,920,992
Operating Margins 0.30531
Overall Risk 3
Payout Ratio 0.2866
Phone 423 855 0001
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 48.06
Post Market Time 1,791,936,000
Previous Close 48.68
Price Eps Current Year 14.833334
Price Hint 2
Price To Book 3.4790792
Price To Sales Trailing12 Months 2.5284646
Profit Margins 0.36955002
Quick Ratio 0.277
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.619999
Regular Market Change Percent -1.27362
Regular Market Day High 49.15
Regular Market Day Low 47.91
Regular Market Day Range 47.91 - 49.15
Regular Market Open 49.12
Regular Market Previous Close 48.68
Regular Market Price 48.06
Regular Market Time 1,791,921,602
Regular Market Volume 206,121
Return On Assets 0.03858
Return On Equity 0.61933
Revenue Growth 0.04
Revenue Per Share 19.459
Sand P52 Week Change 0.17502642
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 5
Shares Outstanding 30,942,757
Shares Percent Shares Out 0.0346
Shares Short 1,071,538
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 1,042,790
Short Name CBL & Associates Properties, In
Short Percent Of Float 0.0514
Short Ratio 3.87
Source Interval 15
State TN
Symbol CBL
Target High Price 66.0
Target Low Price 60.0
Target Mean Price 63.0
Target Median Price 63.0
Total Cash 101,280,000
Total Cash Per Share 3.273
Total Debt 2,034,011,008
Total Revenue 588,147,008
Tradeable 0
Trailing Annual Dividend Rate 1.8
Trailing Annual Dividend Yield 0.03697617
Trailing Eps 6.89
Trailing P E 6.975327
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 46.2602
Two Hundred Day Average Change 1.7998009
Two Hundred Day Average Change Percent 0.038906034
Type Disp Equity
Volume 206,121
Website https://www.cblproperties.com
Zip 37,421-6000