Profile
Sector:
Real EstateIndustry:
RetailCountry:
United StatesIPO:
02 November 2021Website:
http://www.cblproperties.comNext earnings report:
09 August 2024Last dividends:
13 June 2024Next dividends:
N/APrice
after hours | Fri, 28 Jun 2024 21:47:49 GMTAnalysts recommendations
Institutional Ownership
CBL Latest News
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Today CBL Properties (NYSE:CBL) announced the addition of several new and exciting stores at Mayfaire Town Center in Wilmington, NC, including Free People and FP Movement as well as significant upgrades to current tenants, Reeds Jewelers and lululemon. “This is an exciting year for Mayfaire,” said Stephen Lebovitz, chief executive officer, CBL Properties. “The property is celebrating its 20th anniversary of serving the Wilmington community and we are thrille.
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CBL Properties NOI declined 1.5% in 2023, with a further 0.3% drop expected for 2024. AFFO was down 15.5% in 2023, with a 3.8% decrease to about $6.41/share projected in 2024. CBL's debt-heavy capital structure poses a risk, but expected FED interest rate cuts in 2024-2026 will benefit the company.
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What type of business is CBL & Associates Properties?
Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 106 properties totaling 65.7 million square feet across 25 states, including 64 high quality enclosed, outlet and open-air retail centers and 8 properties managed for third parties. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties.
What sector is CBL & Associates Properties in?
CBL & Associates Properties is in the Real Estate sector
What industry is CBL & Associates Properties in?
CBL & Associates Properties is in the Retail industry
What country is CBL & Associates Properties from?
CBL & Associates Properties is headquartered in United States
When did CBL & Associates Properties go public?
CBL & Associates Properties initial public offering (IPO) was on 02 November 2021
What is CBL & Associates Properties website?
https://www.cblproperties.com
Is CBL & Associates Properties in the S&P 500?
No, CBL & Associates Properties is not included in the S&P 500 index
Is CBL & Associates Properties in the NASDAQ 100?
No, CBL & Associates Properties is not included in the NASDAQ 100 index
Is CBL & Associates Properties in the Dow Jones?
No, CBL & Associates Properties is not included in the Dow Jones index
When does CBL & Associates Properties report earnings?
The next expected earnings date for CBL & Associates Properties is 09 August 2024