Price Target Changed • Jul 02
Price target increased by 7.1% to US$60.00 Up from US$56.00, the current price target is an average from 2 analysts. New target price is 14% above last closing price of US$52.63. Stock is up 101% over the past year. The company is forecast to post earnings per share of US$3.24 for next year compared to US$4.41 last year. Live News • Jul 02
DICK’S House of Sport to Open as JCPenney Exits CoolSprings Galleria in Redevelopment Shift CBL & Associates Properties said DICK’S House of Sport will open at CoolSprings Galleria in Franklin, Tennessee, while JCPenney is set to close later this year, clearing the way for a major redevelopment of the property.
The shift from a legacy department store to a large-format experiential retailer is a meaningful change in the tenant mix at what CBL describes as a premier shopping and mixed-use destination, which could influence traffic patterns and lease economics at the mall.
CBL shares trade at US$55.28, with the stock up 49.7% year to date, putting fresh attention on how redevelopment projects like CoolSprings Galleria might feed into future results.
The key question for investors is whether CBL & Associates Properties can execute this redevelopment on time and on budget, and then secure a tenant lineup that sustains footfall and supports stable rent levels over the long term. Recent Insider Transactions • Jun 22
Executive Vice President of Leasing recently sold US$275k worth of stock On the 18th of June, Howard Grody sold around 6k shares on-market at roughly US$48.03 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$371k. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Jun 20
Executive Vice President of Leasing notifies of intention to sell stock Howard Grody intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of June. If the sale is conducted around the recent share price of US$48.14, it would amount to US$276k. Since December 2025, Howard's direct individual holding has increased from 51.34k shares to 82.04k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Jun 09
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to US$49.76. The fair value is estimated to be US$40.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Jun 05
Upcoming dividend of US$0.63 per share Eligible shareholders must have bought the stock before 12 June 2026. Payment date: 30 June 2026. Trailing yield: 5.2%. Within top quartile of American dividend payers (4.2%). Higher than average of industry peers (4.5%). Live News • Jun 05
CBL Properties Delivers Strong Cash Flow With Asset Sales and Redevelopment Plans While CFO Sells Shares CBL Properties closed the sale of a 10.468-acre parcel at Harford Mall in Maryland to SJC Ventures as part of a mixed-use redevelopment plan, with more than $30 million of additional land sales in process across its portfolio.
The company, with partner Benchmark Group, sold Hammock Landing in Florida for $78.5 million at an 8% cap rate, generating about $26 million in cash proceeds to support its capital recycling approach.
CBL reported Q1 2026 adjusted FFO per share up 15%, same-center NOI up 2.1%, raised its dividend, completed over $600 million of non-recourse financings expected to add more than $30 million in annual free cash flow, and continues to refresh its West County Center in Missouri with new tenants and store renovations.
Taken together, these moves point to a management team actively pruning and repositioning the portfolio while using non-recourse financing and asset sales to free up capital for what it views as higher-yield opportunities.
If you are following CBL, it is worth weighing the benefits of increased free cash flow and redevelopment activity against the signal from continued insider share sales by the CFO and the execution risk tied to mixed-use and leasing plans. Recent Insider Transactions • Jun 04
Executive VP recently sold US$315k worth of stock On the 2nd of June, Benjamin Jaenicke sold around 7k shares on-market at roughly US$48.46 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$371k. Benjamin has been a net seller over the last 12 months, reducing personal holdings by US$470k. Recent Insider Transactions Derivative • Jun 03
Executive VP notifies of intention to sell stock Benjamin Jaenicke intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of June. If the sale is conducted around the recent share price of US$48.36, it would amount to US$314k. Since September 2025, Benjamin's direct individual holding has increased from 52.63k shares to 137.11k. Company insiders have collectively sold US$824k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • May 19
Executive Vice President of Accounting recently sold US$371k worth of stock On the 14th of May, Andrew Cobb sold around 8k shares on-market at roughly US$45.80 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$824k more than they bought in the last 12 months. Recent Insider Transactions Derivative • May 17
Executive Vice President of Accounting notifies of intention to sell stock Andrew Cobb intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of May. If the sale is conducted around the recent share price of US$46.57, it would amount to US$380k. Since December 2025, Andrew's direct individual holding has increased from 37.08k shares to 67.77k. Company insiders have collectively sold US$453k more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • May 11
First quarter 2026 earnings released: FFO per share: US$2.8 (vs US$1.14 in 1Q 2025) First quarter 2026 results: FFO per share: US$2.8 (up from US$1.14 in 1Q 2025). Revenue: US$146.0m (up 3.0% from 1Q 2025). Funds from operations (FFO): US$85.2m (up 145% from 1Q 2025). FFO margin: 58% (up from 25% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 11
Dividend of US$0.63 announced Shareholders will receive a dividend of US$0.63. Ex-date: 12th June 2026 Payment date: 30th June 2026 Dividend yield will be 4.5%, which is lower than the industry average of 5.2%. Announcement • May 09
CBL & Associates Properties, Inc. announces Quarterly dividend, payable on June 30, 2026 CBL & Associates Properties, Inc. announced Quarterly dividend of USD 0.6250 per share payable on June 30, 2026, ex-date on June 12, 2026 and record date on June 12, 2026. Announcement • Apr 23
CBL & Associates Properties, Inc., Annual General Meeting, May 21, 2026 CBL & Associates Properties, Inc., Annual General Meeting, May 21, 2026. Upcoming Dividend • Apr 04
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 10 April 2026. Payment date: 17 April 2026. Trailing yield: 4.5%. Within top quartile of American dividend payers (4.4%). In line with average of industry peers (4.7%). Announcement • Apr 02
Cbl & Associates Properties, Inc. Approves Special Cash Dividend for First Quarter of 2026, Payable on April 17, 2026 CBL & Associates Properties, Inc. announced that its Board of Directors has approved a special cash dividend of $0.175 per common share for the first quarter of 2026. The special dividend is in addition to the previously declared $0.45 per share dividend announced on February 11, 2026, resulting in a total first-quarter dividend of $0.625 per share, a 39% increase. The special dividend will be paid on April 17, 2026, to shareholders of record as of April 10, 2026. The special dividend represents an increase in the Company’s dividend for the first quarter and is expected to be incorporated into the ongoing regular quarterly dividend beginning in the second quarter, subject to Board approval. The new quarterly dividend equates to an annualized rate of $2.50 per common share. Upcoming Dividend • Mar 10
Upcoming dividend of US$0.45 per share Eligible shareholders must have bought the stock before 17 March 2026. Payment date: 31 March 2026. Trailing yield: 4.7%. Within top quartile of American dividend payers (4.3%). In line with average of industry peers (4.5%). Reported Earnings • Feb 15
Full year 2025 earnings released: FFO per share: US$6.9 (vs US$6.41 in FY 2024) Full year 2025 results: FFO per share: US$6.9 (up from US$6.41 in FY 2024). Revenue: US$578.4m (up 12% from FY 2024). Funds from operations (FFO): US$209.0m (up 5.4% from FY 2024). FFO margin: 36% (down from 38% in FY 2024). Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Feb 13
CBL Properties Provides Earnings Guidance for 2026 CBL Properties provided earnings guidance for 2026. For the period, the company expects Net Income to be in the range of $23.6 millions to $33.6 millions. Diluted earnings per common share is expected to be in the range of $0.60 to $0.92. Announcement • Feb 12
CBL Properties Declares Dividend for the First Quarter Ending March 31, 2026, Payable on March 31, 2026 CBL Properties announced that its Board of Directors has declared a regular cash dividend of $0.45 per common share for the quarter ending March 31, 2026. The dividend is payable on March 31, 2026, to shareholders of record as of March 17, 2026. Recent Insider Transactions • Dec 05
Chief Legal Officer & Secretary recently sold US$167k worth of stock On the 2nd of December, Jeffery Curry sold around 5k shares on-market at roughly US$33.33 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$209k. Insiders have been net sellers, collectively disposing of US$862k more than they bought in the last 12 months. New Risk • Dec 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 66% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings are forecast to decline by an average of 66% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$258k sold). Recent Insider Transactions • Nov 20
Independent Director recently bought US$127k worth of stock On the 17th of November, Michael Torres bought around 4k shares on-market at roughly US$31.84 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$695k more in shares than they bought in the last 12 months. Declared Dividend • Nov 09
Third quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 25th November 2025 Payment date: 11th December 2025 Dividend yield will be 7.6%, which is higher than the industry average of 5.2%. Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: US$2.52 (vs US$0.52 in 3Q 2024) Third quarter 2025 results: EPS: US$2.52 (up from US$0.52 in 3Q 2024). Revenue: US$139.3m (up 11% from 3Q 2024). Net income: US$76.6m (up 383% from 3Q 2024). Profit margin: 55% (up from 13% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 143% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Nov 07
CBL Properties Provides Earnings Guidance for 2025 CBL Properties provided earnings guidance for 2025. For the period, the company expects Net Income to be in the range of $101.4 millions to $112.4 millions. Diluted earnings per common share is expected to be in the range of $3.21 to $3.57. Announcement • Nov 06
CBL & Associates Properties, Inc. Declares Regular Cash Dividend for the Quarter Ending December 31, 2025, Payable on December 11, 2025 CBL & Associates Properties, Inc. announced that its Board of Directors has declared a regular cash dividend of $0.45 per common share for the quarter ending December 31, 2025. The dividend is payable on December 11, 2025, to shareholders of record as of November 25, 2025. Recent Insider Transactions • Oct 15
Executive Vice President of Accounting recently sold US$209k worth of stock On the 10th of October, Andrew Cobb sold around 7k shares on-market at roughly US$28.39 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$823k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Oct 10
Executive Vice President of Accounting notifies of intention to sell stock Andrew Cobb intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of October. If the sale is conducted around the recent share price of US$29.16, it would amount to US$215k. Since December 2024, Andrew's direct individual holding has increased from 44.05k shares to 46.91k. Company insiders have collectively bought US$1.4m more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Sep 23
Chief Legal Officer & Secretary notifies of intention to sell stock Jeffery Curry intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of September. If the sale is conducted around the recent share price of US$30.35, it would amount to US$152k. Since December 2024, Jeffery's direct individual holding has increased from 85.36k shares to 102.60k. Company insiders have collectively bought US$1.4m more than they sold, via options and on-market transactions, in the last 12 months. Upcoming Dividend • Sep 08
Upcoming dividend of US$0.45 per share Eligible shareholders must have bought the stock before 15 September 2025. Payment date: 30 September 2025. Trailing yield: 5.6%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.8%). Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Michael Torres was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 29
Executive VP recently sold US$155k worth of stock On the 27th of August, Benjamin Jaenicke sold around 5k shares on-market at roughly US$31.00 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Benjamin has been a net seller over the last 12 months, reducing personal holdings by US$251k. Recent Insider Transactions Derivative • Aug 28
Executive VP notifies of intention to sell stock Benjamin Jaenicke intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of August. If the sale is conducted around the recent share price of US$31.15, it would amount to US$156k. Since September 2024, Benjamin's direct individual holding has increased from 49.42k shares to 59.60k. Company insiders have collectively bought US$1.5m more than they sold, via options and on-market transactions, in the last 12 months. Declared Dividend • Aug 07
Second quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 15th September 2025 Payment date: 30th September 2025 Dividend yield will be 8.7%, which is higher than the industry average of 5.2%. Announcement • Aug 07
CBL & Associates Properties, Inc. Provides Earnings Guidance for the Full Year of 2025 CBL & Associates Properties, Inc. provided earnings guidance for the full year of 2025. For the year, the company expects net income to be between $14.7 million to $25.7 million. Diluted earnings per common share to be between $0.49 to $0.85. Reported Earnings • Aug 06
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.084 (down from US$0.14 in 2Q 2024). Revenue: US$140.9m (up 8.7% from 2Q 2024). Net income: US$2.57m (down 43% from 2Q 2024). Profit margin: 1.8% (down from 3.5% in 2Q 2024). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 50%. Over the last 3 years on average, earnings per share has increased by 136% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Aug 05
CBL Properties Declares Quarterly Cash Dividend, Payable on September 30, 2025 CBL Properties announced that its Board of Directors has declared a cash dividend of $0.45 per common share for the quarter ending September 30, 2025, a 12.5% increase from the previous quarterly dividend rate. The dividend, which equates to an annual dividend payment of $1.80 per common share, is payable on September 30, 2025, to shareholders of record as of September 15, 2025. Upcoming Dividend • Jun 06
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 13 June 2025. Payment date: 30 June 2025. Trailing yield: 6.4%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (5.1%). Reported Earnings • May 05
First quarter 2025 earnings released: EPS: US$0.27 (vs US$0.007 loss in 1Q 2024) First quarter 2025 results: EPS: US$0.27 (up from US$0.007 loss in 1Q 2024). Revenue: US$141.8m (up 9.8% from 1Q 2024). Net income: US$8.21m (up US$8.42m from 1Q 2024). Profit margin: 5.8% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Declared Dividend • May 05
Fourth quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 13th June 2025 Payment date: 30th June 2025 Dividend yield will be 9.8%, which is higher than the industry average of 5.2%. Announcement • Apr 24
CBL & Associates Properties, Inc., Annual General Meeting, May 22, 2025 CBL & Associates Properties, Inc., Annual General Meeting, May 22, 2025. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$22.42, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 29x in the Retail REITs industry in the US. Total loss to shareholders of 7.9% over the past three years. Recent Insider Transactions • Mar 12
Key Executive recently sold US$152k worth of stock On the 7th of March, David Contis sold around 5k shares on-market at roughly US$29.12 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$196k. David has been a net seller over the last 12 months, reducing personal holdings by US$274k. Recent Insider Transactions Derivative • Mar 09
Key Executive notifies of intention to sell stock David Contis intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of March. If the sale is conducted around the recent share price of US$30.03, it would amount to US$157k. Since June 2024, David's direct individual holding has increased from 65.02k shares to 69.04k. Company insiders have collectively sold US$871k more than they bought, via options and on-market transactions in the last 12 months. Upcoming Dividend • Mar 06
Upcoming dividend of US$1.20 per share Eligible shareholders must have bought the stock before 13 March 2025. Payment date: 31 March 2025. Trailing yield: 5.5%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (4.7%). Announcement • Feb 25
CBL Properties Announces Promotion of Karen Walker to Senior Vice President – Technology Solutions CBL Properties announced several promotions including one promotion to Senior Vice President and five new Vice Presidents. Karen Walker was promoted to Senior Vice President – Technology Solutions. Karen joined the CBL team in 2014 and throughout her tenure has assumed increasing responsibilities, including roles as a programmer, business and supply chain analyst, and business intelligence. In 2021, she was promoted to Vice President – Technology Solutions and is responsible for overseeing CBL’s technology solutions department. Karen’s leadership, creativity, and solutions-oriented mindset has been integral in enhancing CBL’s technological capabilities to better meet the needs of the company. Karen holds a B.A. in Computer Science from Indiana University. Announcement • Feb 17
CBL & Associates Properties, Inc. (NYSE:CBL) acquired Imperial Valley Mall, L.P. for $38.1 million. CBL & Associates Properties, Inc. (NYSE:CBL) acquired Imperial Valley Mall, L.P. for $38.1 million on February 17, 2025.
CBL & Associates Properties, Inc. (NYSE:CBL) completed the acquisition of Imperial Valley Mall, L.P. for $38.1 million on February 17, 2025. Declared Dividend • Feb 16
Third quarter dividend of US$1.20 announced Shareholders will receive a dividend of US$1.20. Ex-date: 13th March 2025 Payment date: 31st March 2025 Dividend yield will be 7.3%, which is higher than the industry average of 5.2%. Announcement • Feb 15
CBL & Associates Properties, Inc. Provides Earnings Guidance for the Full Year of 2025 CBL & Associates Properties, Inc. provided earnings guidance for the full year of 2025. For the period, the company expects diluted earnings per common share to be $1.07 to $1.43. Reported Earnings • Feb 14
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$1.87 (up from US$0.17 in FY 2023). Revenue: US$515.6m (down 3.7% from FY 2023). Net income: US$57.8m (up US$52.3m from FY 2023). Profit margin: 11% (up from 1.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 76%. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
An undisclosed buyer acquired Monroeville Mall from CBL & Associates Properties, Inc. (NYSE:CBL) for $34 million. An undisclosed buyer acquired Monroeville Mall from CBL & Associates Properties, Inc. (NYSE:CBL) for $34 million on January 31, 2025. Approximately $7.1 million of the net proceeds was used to reduce the outparcel and open-air center loan to $333 million, enabling the release of a collateral parcel.
An undisclosed buyer completed the acquisition of Monroeville Mall from CBL & Associates Properties, Inc. (NYSE:CBL) for $34 million on January 31, 2025. Recent Insider Transactions • Jan 15
Executive Vice President of Accounting recently sold US$196k worth of stock On the 10th of January, Andrew Cobb sold around 7k shares on-market at roughly US$28.84 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.4m more than they bought in the last 12 months. Upcoming Dividend • Nov 18
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 25 November 2024. Payment date: 11 December 2024. Trailing yield: 5.9%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (4.6%). Reported Earnings • Nov 12
Third quarter 2024 earnings released: EPS: US$0.52 (vs US$0.41 in 3Q 2023) Third quarter 2024 results: EPS: US$0.52 (up from US$0.41 in 3Q 2023). Revenue: US$125.1m (down 3.3% from 3Q 2023). Net income: US$15.9m (up 22% from 3Q 2023). Profit margin: 13% (up from 10.0% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • Oct 17
Second quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 13th December 2024 Payment date: 31st December 2024 Dividend yield will be 5.9%, which is higher than the industry average of 5.2%. Announcement • Oct 15
CBL Properties Declares Cash Dividend for the Quarter Ending December 31, 2024, Payable on December 31, 2024 CBL Properties announced that its Board of Directors has declared a cash dividend of $0.40 per common share for the quarter ending December 31, 2024. The dividend, which equates to an annual dividend payment of $1.60 per common share, is payable on December 31, 2024, to shareholders of record as of December 13, 2024. Announcement • Sep 12
An undisclosed buyer acquired Layton Hills Convenience Center, Layton Hills Plaza and nine related outparcels in Layton from CBL & Associates Properties, Inc. (NYSE:CBL) for $28.5 million. An undisclosed buyer acquired Layton Hills Convenience Center, Layton Hills Plaza and nine related outparcels in Layton from CBL & Associates Properties, Inc. (NYSE:CBL) for $28.5 million on September 11, 2024. Net proceeds from the sale were applied to the term loan principal balance and open-air and outparcel loan.
An undisclosed buyer completed the acquisition of Layton Hills Convenience Center, Layton Hills Plaza and nine related outparcels in Layton from CBL & Associates Properties, Inc. (NYSE:CBL) on September 11, 2024. Upcoming Dividend • Sep 06
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 30 September 2024. Trailing yield: 6.2%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.6%). Recent Insider Transactions • Aug 20
President recently sold US$1.1m worth of stock On the 16th of August, Michael Lebovitz sold around 43k shares on-market at roughly US$25.88 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Aug 16
President notifies of intention to sell stock Michael Lebovitz intends to sell 43k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of August. If the sale is conducted around the recent share price of US$25.60, it would amount to US$1.1m. Since December 2023, Michael's direct individual holding has increased from 66.18k shares to 87.37k. Company insiders have collectively sold US$3.1m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Aug 11
Second quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 13th September 2024 Payment date: 30th September 2024 Dividend yield will be 6.2%, which is higher than the industry average of 5.2%. Announcement • Aug 09
CBL & Associates Properties, Inc. Provides Financial Guidance for the Full Year of 2024 CBL & Associates Properties, Inc. provides financial guidance for the full year of 2024. For the period, the company expects diluted earnings per common share to be $0.08 to $0.52. Announcement • Aug 08
CBL Properties Declares Third Quarter Common Stock Dividend, Payable on September 30, 2024 CBL Properties announced that its Board of Directors has declared a cash dividend of $0.40 per common share for the quarter ending September 30, 2024. The dividend, which equates to an annual dividend payment of $1.60 per common share, is payable on September 30, 2024, to shareholders of record as of September 13, 2024. Upcoming Dividend • Jun 06
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 13 June 2024. Payment date: 28 June 2024. Trailing yield: 7.0%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (5.1%). Recent Insider Transactions • May 16
Key Executive recently sold US$122k worth of stock On the 15th of May, David Contis sold around 6k shares on-market at roughly US$22.25 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.1m. This was David's only on-market trade for the last 12 months. Announcement • May 11
CBL & Associates Properties, Inc. Reiterates Earnings Guidance for the Full Year 2024 CBL & Associates Properties, Inc. reiterated earnings guidance for the full year 2024. For the period, the company expects diluted earnings per common share to be $0.18 to $0.63. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$0.01 (vs US$0.063 in 1Q 2023) First quarter 2024 results: EPS: US$0.01 (down from US$0.063 in 1Q 2023). Revenue: US$129.1m (down 5.3% from 1Q 2023). Net income: US$309.0k (down 84% from 1Q 2023). Profit margin: 0.2% (down from 1.5% in 1Q 2023). Announcement • May 09
CBL Properties Declares Cash Dividend for the Second Quarter Ending June 30, 2024, Payable on June 28, 2024 CBL Properties announced that its Board of Directors has declared a cash dividend of $0.40 per common share for the quarter ending June 30, 2024. The dividend, which equates to an annual dividend payment of $1.60 per common share, is payable on June 28, 2024, to shareholders of record as of June 13, 2024. Announcement • Apr 23
CBL & Associates Properties, Inc., Annual General Meeting, May 22, 2024 CBL & Associates Properties, Inc., Annual General Meeting, May 22, 2024, at 14:00 Eastern Daylight. Agenda: To act on the re-election of the Board of Directors’ seven director nominees to serve for a term of one year and until their respective successors are elected and qualified; to act upon a proposal to ratify the selection of Deloitte & Touche LLP (“ Deloitte ”) as the independent registered public accountants for the Company’s fiscal year ending December 31, 2024; to act upon a proposal for the advisory approval of the compensation of our Named Executive Officers as set forth herein; and to discuss other matters. Recent Insider Transactions • Mar 26
CEO & Director recently sold US$228k worth of stock On the 22nd of March, Stephen Lebovitz sold around 10k shares on-market at roughly US$22.53 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$1.1m. Stephen has been a net seller over the last 12 months, reducing personal holdings by US$2.7m. Recent Insider Transactions • Mar 12
CEO & Director recently sold US$371k worth of stock On the 8th of March, Stephen Lebovitz sold around 16k shares on-market at roughly US$23.31 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$1.1m. Stephen has been a net seller over the last 12 months, reducing personal holdings by US$1.5m. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 29 March 2024. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (5.1%). Recent Insider Transactions • Mar 01
CEO & Director recently sold US$1.1m worth of stock On the 28th of February, Stephen Lebovitz sold around 45k shares on-market at roughly US$23.54 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Feb 28
CEO & Director notifies of intention to sell stock Stephen Lebovitz intends to sell 117k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of February. If the sale is conducted around the recent share price of US$24.05, it would amount to US$2.8m. For the year to December 2017, Stephen's total compensation was 6% salary and 94% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, Stephen's direct individual holding has increased from 369.66k shares to 469.00k. Company insiders have collectively bought US$28m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Feb 14
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: FFO per share: US$6.7 (up from US$5.95 in FY 2022). Revenue: US$535.3m (down 4.9% from FY 2022). Funds from operations (FFO): US$211.1m (up 18% from FY 2022). FFO margin: 39% (up from 32% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Declared Dividend • Feb 12
Third quarter dividend increased to US$0.40 Dividend of US$0.40 is 6.7% higher than last year. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 6.4%, which is higher than the industry average of 5.2%.