CBL Properties | REIT Profile
Symbol: CBL
CIK: 910612
Exchange: NYSE
Founded: 1961 (63 years)
HQ: Chattanooga, TN, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Retail
See CBL on Yahoo Finance
See CBL on SEC.gov
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CBL Properties is a real estate investment trust (REIT) traded on the NYSE (NYSE: CBL). We manage our portfolio of market-dominant malls and open-air centers to generate lasting value for our shareholders. Since going public in 1993, CBL has generated tremendous growth as a company, measured both by portfolio size, and increases in cash flows and dividends. The company looks forward to continuing success through expansions, renovations, and aggressive leasing at its properties. CBL also seeks opportunities to increase income through sponsorship, branding, and other initiatives.
Stock Chart
REITMovers
REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.
| Latest Price | High | Low | Open | Previous Close | Volume | Change $ | Change % |
|---|---|---|---|---|---|---|---|
| $31.25 | $31.58 | $30.83 | $31.18 | $30.90 | 163,287 | $0.35 | 1.13% |
Last update: 2024-11-29 12:56:41 PST
REITRating™ Trend
REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.
Dividend of Trading Day 2024-11-29
Annualized Dividend: $1.6*
Dividend Yield (TTM): 5.2%
Annualized Dividend (TTM): $1.6
Ex-Dividend Date: 2024-11-25
Dividend Date: 2024-12-31
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest REIT Press Releases
- CBL Properties - CBL Properties Reports Strong Results for Third Quarter 2024 - Mon, 11 Nov 2024 13:02:30 UTC
- CBL Properties - CBL Properties Accelerates Payment of Previously Declared Fourth Quarter Common Stock Dividend - Thu, 07 Nov 2024 21:25:15 UTC
- CBL Properties - CBL Properties Announces Crunch Fitness Set to Open at Hamilton Place in Chattanooga, Tennessee - Wed, 30 Oct 2024 13:00:25 UTC
- CBL Properties - CBL Properties Declares Fourth Quarter Common Stock Dividend - Mon, 14 Oct 2024 20:15:28 UTC
- CBL Properties - CBL Properties Announces Block Share Repurchase - Thu, 10 Oct 2024 20:15:45 UTC
Properties Owned by CBL
Sample of REIT’s Properties. Image Source - REIT’s website
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $1.22 per share you would have been able to buy 819 shares of CBL on 2023-12-01 costing $999.18 | @ $1.22 per share you would have been able to buy 409 shares of CBL on 2023-12-01 costing $498.98 | @ $1.22 per share you would have been able to buy 204 shares of CBL on 2023-12-01 costing $248.88 | @ $1.22 per share you would have been able to buy 81 shares of CBL on 2023-12-01 costing $98.82 | @ $1.22 per share you would have been able to buy 40 shares of CBL on 2023-12-01 costing $48.80 |
| Current worth | On 2024-07-05 these 819 shares would be worth $19,000.80 @ $23.20 | On 2024-07-05 these 409 shares would be worth $9,488.80 @ $23.20 | On 2024-07-05 these 204 shares would be worth $4,732.80 @ $23.20 | On 2024-07-05 these 81 shares would be worth $1,879.20 @ $23.20 | On 2024-07-05 these 40 shares would be worth $928.00 @ $23.20 |
| Dividends earned | $1,945.13 in dividends would have been earned since 2023-12-01 with 819 shares. | $971 in dividends would have been earned since 2023-12-01 with 409 shares. | $484.50 in dividends would have been earned since 2023-12-01 with 204 shares. | $192.38 in dividends would have been earned since 2023-12-01 with 81 shares. | $95.00 in dividends would have been earned since 2023-12-01 with 409 shares. |
| Net (gain / loss)* | 19,946.75 USD | 9,961.20 USD | 4,968.42 USD | 1,972.76 USD | 974.20 USD |
| ROI** | 1,996.31% | 1,996.31% | 1,996.31% | 1,996.31% | 1,996.31% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Below are the most recent cash dividends paid by CBL. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| CBL | 2024-12-13 | 0.400 | --- | 2024-10-14 | 2024-12-13 | 2024-12-31 |
| CBL | 2024-11-25 | 0.400 | --- | 2024-10-14 | 2024-11-25 | 2024-12-11 |
| CBL | 2024-09-13 | 0.400 | --- | 2024-08-07 | 2024-09-13 | 2024-09-30 |
| CBL | 2024-06-13 | 0.400 | --- | 2024-05-08 | 2024-06-13 | 2024-06-28 |
| CBL | 2024-03-14 | 0.400 | 6.67% | 2024-02-08 | 2024-03-15 | 2024-03-29 |
| CBL | 2023-12-11 | 0.375 | --- | 2023-11-08 | 2023-12-12 | 2023-12-29 |
| CBL | 2023-09-14 | 0.375 | --- | 2023-08-09 | 2023-09-15 | 2023-09-29 |
| CBL | 2023-06-13 | 0.375 | --- | 2023-05-09 | 2023-06-14 | 2023-06-30 |
| CBL | 2023-03-14 | 0.375 | -82.95% | 2023-02-16 | 2023-03-15 | 2023-03-31 |
| CBL [E] | 2022-12-09 | 2.200 | 780.00% | 2022-11-29 | 2022-12-12 | 2023-01-18 |
| CBL | 2022-11-30 | 0.250 | --- | 2022-11-10 | 2022-12-01 | 2022-12-30 |
| CBL | 2022-09-14 | 0.250 | --- | 2022-08-10 | 2022-09-15 | 2022-09-30 |
| CBL | 2022-07-08 | 0.250 | 233.33% | 2022-06-30 | 2022-07-11 | 2022-07-20 |
| CBL | 2019-03-29 | 0.075 | --- | 2019-02-25 | 2019-04-01 | 2019-04-16 |
| CBL | 2018-12-28 | 0.075 | -62.50% | 2018-10-29 | 2018-12-31 | 2019-01-16 |
| CBL | 2018-09-28 | 0.200 | --- | 2018-08-24 | 2018-10-01 | 2018-10-16 |
| CBL | 2018-06-29 | 0.200 | --- | 2018-05-31 | 2018-07-02 | 2018-07-16 |
| CBL | 2018-03-29 | 0.200 | --- | 2018-02-22 | 2018-03-30 | 2018-04-17 |
| CBL | 2017-12-28 | 0.200 | -24.53% | 2017-11-02 | 2017-12-29 | 2018-01-16 |
| CBL | 2017-09-29 | 0.265 | --- | 2017-08-24 | 2017-10-02 | 2017-10-16 |
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 10 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 7.9 |
| 7 | Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. | 8.9 |
| 3 | Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. | 7.8 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 8 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 8.7 |
| 4 | AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
| 8 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 6.9 |
| 9 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 8.1 |
| Rating | Leverage Section | Avg. Rating |
| 3 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 5.9 |
| 9 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 6.5 |
| 5 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.8 |
| 9 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 7.3 |
| 1 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 4.8 |
| 4 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.8 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 3 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 7.3 |
| 3 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.3 |
| Rating | Properties Section | Avg. Rating |
| 7 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.8 |
| 7 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 7.6 |
| 8 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.1 |
| Rating | Market Cap Section | Avg. Rating |
| 6 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 5.8 |
| 5.5 | Overall REITRating™ Score (See trend) | 6.4 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Boston Properties (BXP) | 6.5 | NYSE | Large-Cap | Office Residential Hotel Retail Diversified | United States |
Last updated: 2024-12-01 - v5.8