CBL ASSOCIATES PROPERTIES INC (CBL)
Real Estate · Regional mall and shopping center REIT · NYSE
A self-managed REIT owning and operating a portfolio of 86 regional shopping malls, outlet centers, and open-air properties across the US, focused on re-tenanting and diversifying tenant mix.
What CBL ASSOCIATES PROPERTIES INC does
CBL & Associates Properties is a self-managed, self-administered REIT engaged in the ownership, development, acquisition, leasing, management and operation of real estate properties. As of December 31, 2025, the company owns interests in 86 properties consisting of 47 malls, 25 open-air centers, five outlet centers, four lifestyle centers and five other properties, located primarily in the southeastern and midwestern United States. The company's strategy focuses on improving occupancy, driving rent growth, and transforming property offerings through re-tenanting and tenant mix diversification.
Themes: retail real estate, mall repositioning, commercial property leasing, retail-to-mixed-use conversion
Fundamentals
- Price$55.34 as of 2026-08-21 close
- Market cap$1.7B as of 2026-08-21
- 1-year return+83.2% 2025-08-21 close $30.20 → 2026-08-21 close $55.34
- P/E10.26 as of 2026-08-24
- Net margin+29.8% as of 2026-08-24
- Gross margin+65.0% as of 2026-08-24
- ROE+49.1% as of 2026-08-24
- Debt / equity5.22 as of 2026-08-24
- Revenue growth (YoY)+10.3% as of 2026-08-24
- Revenue CAGR (3y)+0.9% SEC XBRL
- Beta1.44 as of 2026-08-24
- Last reported earnings2026-08-07 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +6.5%; pays a dividend.
How CBL compares in its sector
- price-to-earnings ratiobottom 10% 127 covered Real Estate peers, as of 2026-08-24
- net profit margintop 25% 161 covered Real Estate peers, as of 2026-08-24
- operating margintop 25% 161 covered Real Estate peers, as of 2026-08-24
- gross marginmiddle range 156 covered Real Estate peers, as of 2026-08-24
- return on equitytop 10% 162 covered Real Estate peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 155 covered Real Estate peers
- indicated dividend yieldmiddle range 138 covered Real Estate peers, as of 2026-08-24
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, CBL's dividend was covered by reported results (earnings payout 57%, operating-cash-flow payout 31%). This describes past coverage, not a forecast.
- Earnings payout57% dividends / net income
- Operating-cash-flow payout31% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How CBL ASSOCIATES PROPERTIES INC looks technically
CBL ASSOCIATES PROPERTIES INC (CBL) is trading 29.5% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 245 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 47, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 19 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 29.5% above its 200-day average, the long-term trend line — a longer-term uptrend | +29.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $54.36 | $54.36 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $42.72 | $42.72 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 58.99. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 245 trading days ago — a "golden cross", a bullish long-term signal | 245 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend) | 20.7 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 47, neither overbought (above 70) nor oversold (below 30) | 46.6 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($53.95 to $58.99) — its "stochastic" reading is 28 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 27.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 14 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $60.40 | $60.40 |
|---|---|---|
| From the 52-week high | it is 8.4% below its 52-week high (its highest price of the past year) | -8.4% |
| Above the 52-week low | it is 97.4% above its 52-week low (its lowest price of the past year) | +97.4% |
| Below the 52-week high | it is 8.4% below its highest point of the past year | 8.4% |
| Since a 20-day breakout | it made a new 20-day high about 19 trading days ago | 19 sessions |
| Since a 55-day breakout | it made a new 55-day high about 19 trading days ago | 19 sessions |
| All-time high | its highest closing price on record is $60.40 (set on 2026-07-29) | $60.40 |
| Given back of the 52-week move | over the past year its closes ranged ($28.10 to $60.05), and it has given back only a small part of its rise from last year’s low — 15% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $39.28 to $40.30. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 14.7% |
| From the all-time high | it is 8.4% below its all-time high | -8.4% |
| Nearest price level | it is trading 7.5% above a support level at $51.21 — a price it turned at twice since 2026-06-11, most recently on 2026-07-13. Since 2024-08-21 it has 14 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -7.5% |
| All-time low | its lowest closing price on record is $0.0862 (set on 2020-11-02) | $0.0862 |
| Above the all-time low | it is 64099.5% above its all-time low | +64,100% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 74% of it) | 26th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.77 between its high and its low — about 3.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.77 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $54.62 and $59.96 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $54.62 – $57.29 – $59.96 |
| Typical daily range (% of price) | its price moves about 3.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.2% |
| Stretch from the 200-day average | it is trading 7.1 daily ranges above its 200-day average price (29.5% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 7.1 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.70× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.3% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.3% |
|---|---|---|
| Gap filled | a 5.0% gap up opened on 2026-06-11 has been "filled" 47 sessions ago — price traded back through the level the gap left behind, and it took 2 sessions to close | 47 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 2.7 percentage points (the stock lost 0.3% while the market gained 2.3%) | -2.7% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 12.3 percentage points (the stock gained 15.4% while the market gained 3.1%) | +12.3% |
| vs market, 6 months | over the past 6 months this stock beat the market by 33.7 percentage points (the stock gained 44.8% while the market gained 11.1%) | +33.7% |
| vs market, 12 months | over the past 12 months this stock beat the market by 62.8 percentage points (the stock gained 83.2% while the market gained 20.5%) | +62.8% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 6.2% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 5.4% of the share price. | +6.2% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 18% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $47.06 — a volume-weighted average of daily closes over 158 sessions, not a true tick-by-tick VWAP. | +17.6% |
|---|---|---|
| Vs the average paid since it last reported | the price is 22% above the average price paid since it last reported on 2025-11-07 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $45.47 — a volume-weighted average of daily closes over 195 sessions, not a true tick-by-tick VWAP. | +21.7% |
Price levels it has turned at before
CBL last closed at $55.34 on 2026-08-21. Since 2024-08-21 it has turned at 14 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $51.21 | Support | 7.5% below the last close | turned there twice · 2026-06-11 to 2026-07-13 |
| $48.90 | Support | 11.6% below the last close | turned there twice · 2026-05-11 to 2026-05-28 |
| $46.38 | Support | 16.2% below the last close | turned there three times · 2026-04-30 to 2026-06-17 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $58.99.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 1 trading day, since 2026-08-21.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · beating the market · Stretched far above its 200-day average (6+ daily ranges) · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.00 mean, 1=Strong Buy…5=Strong Sell) — 2 analysts
- Mean price target$63.00 range $60.00 – $66.00
Analyst estimates, as of 2026-08-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Key risks (from latest filing)
["High leverage and debt maturity obligations","Dependence on anchor tenant performance and retail market conditions","Risks associated with property redevelopment and repositioning strategies"]
What changed in the latest 10-Q
AI-assisted comparison of CBL's 10-Q filed 2026-05-08 against the prior one filed 2025-11-07.
Management's Discussion & Analysis (MD&A)
- Reworded:
- Page number for Item 2 (MD&A) changed from 25 to 22 in newer filing (2026-05-08)
- Page number for Item 3 (Quantitative and Qualitative Disclosures About Market Risk) changed from 41 to 35 in newer filing (2026-05-08)
- Page number for Item 4 (Controls and Procedures) changed from 41 to 35 in newer filing (2026-05-08)
- Page number for PART II OTHER INFORMATION header changed from 42 to 36 in newer filing (2026-05-08)
- Page number for Item 1 (Legal Proceedings) changed from 42 to 36 in newer filing (2026-05-08)
- Notes:
- Only page number references changed between filings; no substantive content differences are visible in these table of contents excerpts
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 5 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 5 sells ($762432) — 3 selling insiders
- Last 180 days0 buys · 8 sells ($50M) — 5 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-18. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CBL's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
CBL had 1,035,290 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
CBL had 3.35% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.31 days to cover at the same settlement.
- Reported short interest (shares) 1,035,290
- Short interest (% of shares outstanding) 3.35%
- Prior settlement (shares) 981,146
- Reported change 5.52%
- Days to cover (reported) 3.31
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Simon Property Group (SPG)
- Macerich (MAC)
- Kimco Realty (KIM)
- Washington Prime Group
- Brixmor Property Group (BRX)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does CBL ASSOCIATES PROPERTIES INC (CBL) do?
CBL & Associates Properties is a self-managed, self-administered REIT engaged in the ownership, development, acquisition, leasing, management and operation of real estate properties. As of December 31, 2025, the company owns interests in 86 properties consisting of 47 malls, 25 open-air centers, five outlet centers, four lifestyle centers and five other properties, located primarily in the southeastern and midwestern United States.
What sector is CBL ASSOCIATES PROPERTIES INC (CBL) in?
CBL ASSOCIATES PROPERTIES INC (CBL) is classified in the Real Estate sector. Its industry is Regional mall and shopping center REIT. It trades on NYSE.
Does CBL pay a dividend?
Yes — CBL ASSOCIATES PROPERTIES INC (CBL) pays a dividend, with an indicated yield of about 6.46% (market data, as of 2026-08-24). Informational only — not financial advice.
Who are CBL ASSOCIATES PROPERTIES INC's (CBL) competitors?
Notable peers of CBL ASSOCIATES PROPERTIES INC (CBL) include Simon Property Group, Macerich, Kimco Realty, Washington Prime Group and Brixmor Property Group. This peer set is informational only — not financial advice.
Is CBL ASSOCIATES PROPERTIES INC (CBL) overbought or oversold right now?
CBL ASSOCIATES PROPERTIES INC (CBL) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 47, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CBL come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.