Shares of the company moved -4.84% over the past five trading sessions and seen downfall momentum over the last week. The firm is scheduled to announce its next earnings results after the market closes on Thursday, August 3rd.
Over the past 50 days, CBL & Associates Properties, Inc. stock's -12.95% off of the high and 18.54% removed from the low. For the current year the company's revenue estimates are $962.06 Million compared to low analyst estimates of $942.57 Million and high estimates of $981.3 Million according to the prediction of 5 analysts.
01/30/2017 - CBL & Associates Properties, Inc. was upgraded to "neutral" by analysts at Citigroup. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.01. It has a return on equity (ROE) of 9.90%. The company had revenue of $238.01 million during the quarter, compared to analyst estimates of $244.76 million. During the same period past year, the firm earned $0.56 EPS.
Several research firms have recently commented on CBL.
Among 10 analysts covering CBL & Associates Properties (NYSE:CBL), 2 have Buy rating, 1 Sell and 7 Hold. The company has a market cap of $1.47B and its 12 month revenue was nearly $1.00B. (NYSE:CBL) shares with value of $19,716 were bought by Reinsmidt Kathryn A. One analyst has rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company's stock. Analysts have placed a $57.57 price target on ConocoPhillips, suggesting a 33.11% gain from recent close. CBL & Associates Properties, Inc. "(CBL) Coverage Initiated at Stifel Nicolaus" was posted by Transcript Daily and is the sole property of of Transcript Daily. If you are reading this piece on another website, it was stolen and reposted in violation of US & worldwide copyright and trademark law. Moreover, Endurance Wealth Inc has 0% invested in CBL & Associates Properties, Inc.
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Cbl & Associates Properties (NYSE:CBL) shares traded 2.42% up during most recent session to reach at the closing price of $8.47. The company had a trading volume of 4,295,798 shares. CBL price is down almost -68.83% from its 52-week high price of $14.3 a share but is up about 15.7% from its 52-week low price of $7.14 a share. The stock's market capitalization is 1.41B, it has a 52-week low of 7.14 and a 52-week high of 14.30.
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 17th. This represents a $1.06 annualized dividend and a yield of 12.82%. The ex-dividend date is set for Wednesday the 28th of June 2017. (NYSE:CBL) has "Neutral" rating given on Tuesday, February 9 by JP Morgan.
Large investors have recently modified their holdings of the company. $9.24 target price is just $8.26 shy of the official lowest sell-side analyst price target on Wall Street.
11/01/2016 - CBL & Associates Properties, Inc. had its "neutral" rating reiterated by analysts at UBS. Raymond James Financial Services Advisors Inc. now owns 134,701 shares of the real estate investment trust's stock worth $1,285,000 after buying an additional 20,210 shares during the period. Its forward price to earnings ratio of 11.59 ranks lower than the industry's 26.41. Finally, Fox Run Management L.L.C. increased its stake in CBL & Associates Properties by 29.2% in the second quarter. Its quick ratio for most recent quarter is 2.00 along with current ratio for most recent quarter of 2.90. Comerica National Bank & Trust stated it has 0.02% in CBL & Associates Properties, Inc. Eqis Capital Management Inc. now owns 11,959 shares of the real estate investment trust's stock worth $114,000 after buying an additional 1,843 shares in the last quarter. The correct version of this report can be viewed at https://www.thestockobserver.com/2017/07/14/cbl-associates-properties-inc-cbl-position-decreased-by-asset-management-one-co-ltd.html. The Company 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.
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