CBL & Associates Properties, Inc. (CBL) Given Average Rating of "Hold" by Analysts

Share

Citigroup downgraded CBL & Associates Properties, Inc. During the same quarter past year, the business posted $0.56 EPS. The company is expected to announce its next earnings report after the market closes on Thursday, August 3rd. Equities research analysts forecast that CBL & Associates Properties will post $0.60 earnings per share for the current year. For the next year, analysts expect that the firm will post sales of $986.29 million per share, with estimates ranging from $961.47 million to $1.01 billion. KeyBanc Capital Markets upgraded CBL & Associates Properties, Inc. ARP Americas LLC purchased a new stake in shares of CBL & Associates Properties during the fourth quarter worth approximately $177,000. The real estate investment trust reported $0.52 EPS for the quarter, missing the consensus estimate of $0.53 by $0.01. The high and low revenue estimates for the current quarter are $248.23 Million and $235 Million, respectively. Invesco Limited invested 0% in CBL & Associates Properties, Inc. Its mean Altman Z-Score: 0.36 during the last 7 years, while average Beneish M-Score: -2.88 during the last 7 years. (NYSE:CBL) by 11.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Barclays PLC restated a "hold" rating and set a $9.00 price objective on shares of CBL & Associates Properties in a research report on Friday, June 23rd. Morgan Stanley restated an "underweight" rating and issued a $6.00 price objective (down previously from $10.00) on shares of CBL & Associates Properties in a research note on Saturday, June 3rd. Boenning Scattergood raised CBL & Associates Properties from an "underperform" rating to a "neutral" rating in a report on Monday, May 15th. ValuEngine raised CBL & Associates Properties from a "buy" rating to a "strong-buy" rating in a research report on Thursday, May 11th. The recommendation is based on a 1 to 5 scale where 1 or 2 indicates a Buy recommendation, 3 a Hold and 4-5 a Sell. The value of the total investment in CBL & Associates Properties, In decreased from $132,000 to $3,000 decreasing 97.7% for the reporting period.

Shares of the company have shown an EPS growth of 12.50% in the last 5 years. CBL & Associates Properties has a one year low of $7.15 and a one year high of $14.30. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 11.75 and a beta of 1.16.

CBL & Associates Properties, Inc. has a 50 day moving average of 8.06 and a 200 day moving average of 9.64.

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Friday, June 30th will be given a dividend of $0.265 per share. (CBL) has an annual dividend of $1.06, while its annual dividend yield is 12.71%. The ex-dividend date has been established as Wednesday the 28th of June 2017.

10/06/2015 - CBL & Associates Properties, Inc. had its "sector perform" rating reiterated by analysts at CIBC.

TRADEMARK VIOLATION WARNING: This piece of content was posted by The Cerbat Gem and is the property of of The Cerbat Gem. (NYSE:CBL) price is pointing towards neither exit nor entry barriers, according to a technical analysis tool called the Relative Strength Index (RSI). If you are accessing this report on another website, it was illegally stolen and republished in violation of global copyright laws. Eqis Capital Management Inc. increased its stake in CBL & Associates Properties by 18.2% in the first quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company.

05/04/2015 - CBL & Associates Properties, Inc. was downgraded to " by analysts at RBC Capital. In current trading day CBL & Associates Properties, Inc. Connor Clark & Lunn Investment Management Ltd. now owns 743,175 shares of the real estate investment trust's stock valued at $9,022,000 after buying an additional 98,900 shares during the period. The fund owned 299,487 shares of the real estate investment trust's stock after selling 38,755 shares during the period. The Firm owns, develops, acquires, leases, manages and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties. This SMA data will help a long-term trader to figure out that Xcel Energy Inc (NYSE:XEL) stock price level can be now recognized as a major support and therefore the stock is an overall uptrend, as a stock's price remains above the 200 SMA on the daily time frame.

Share