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CBL · Cbl & Associates Properties Inc

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$52.54 +4.51 (+9.39%) At close · Nov 10
Market Cap
$1.63B
Shares
30.94M
Volume · Nov 10 329.08K Avg daily vol (3M) 255.7K

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$52.54 Open$47.53 Day$47.47–52.62 52W close$31.78–60.05 Avg vol 30d279K Short int975K · 3.2% of shares · 5.6d Short vol42% Last earningsFeb 7, 2020 DataNov 2021–Nov 2026 Filing10-Q · Nov 9

Latest documents

2026
Nov 9
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Quarterly report for FY2026 Q3 AI summary on its way
Revenue $148.7M ▲ 6.8% Net income $11.79M ▼ 84.4% Diluted EPS $0.37 ▼ 84.5%
Nov 5
Current report 8-K
Raises 2026 guidance as same-center NOI grows 3.8%

CBL Properties reported third-quarter same-center NOI growth of 3.8%, occupancy of 91.5%, and raised 2026 adjusted FFO guidance to $7.34 - $7.44 per share. The board also authorized a $25.0 million stock repurchase program.

Financial results Read from the first part of this long document
4 source passages
Same-center NOI for Q3 2026 and the nine months ended September 30, 2026, increased 3.8% and 2.6%, respectively, compared with the prior-year periods. Portfolio occupancy was 91.5% as of September 30, 2026, an increase of 130 bps from portfolio occupancy of 90.2% as of September 30, 2025 and 110 bps sequentially. CBL is increasing FFO, as adjusted, guidance for 2026 to the range of $7.34 - $7.44 per share. On November 4, 2026, CBL's Board of Directors authorized a stock repurchase program under which the Company may repurchase up to $25.0 million of its common stock. Open the document at this passage
Nov 4
Current report 8-K
$25.0 million stock repurchase program authorized

On November 4, 2026, CBL & Associates Properties, Inc.’s Board authorized a new common stock repurchase program of up to $25.0 million, replacing the program authorized on November 5, 2025, with purchases permitted through December 31, 2027.

Other events
3 source passages
On November 4, 2026, the Company issued a press release announcing that the Company’s Board of Directors authorized a new common stock repurchase program. The new common stock repurchase program replaces the existing program authorized on November 5, 2025. Under the new common stock repurchase program, the Company may purchase up to $25.0 million of its common stock from time to time on the open market, in privately negotiated transactions or otherwise, depending on market prices and other conditions, through December 31, 2027. Open the document at this passage
Aug 7
Quarterly report 10-Q FY2026 Q2, ended Jun 30
Quarterly report for FY2026 Q2 AI summary on its way
Revenue $146.48M ▲ 4.0% Net income $46.44M ▲ 1583.4% Diluted EPS $1.47 ▲ 1737.5%
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$597.56M
Trailing 12 months
Net income (TTM)
$153.72M
Trailing 12 months
Revenue growth YoY
+6.8%
Year over year
Operating margin
—
Trailing 12 months
P / FFO
7.8×
Company-stated · FY2025 · reciprocal yield 12.8%
P / AFFO
7.4×
Company-stated · FY2026 · reciprocal yield 13.4%
P / E (TTM)
10.7
Trailing earnings · reciprocal yield 9.4%
Net cash
−$1.96B
Latest balance sheet
Dividend yield
4.4%
Trailing 12 months
Shares change YoY
-1.0%
Year over year · fewer shares
Price change (1Y)
+63.8%
Trailing year
Short interest
3.2%
Latest settlement · 5.6 days to cover
View all 129 metrics

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Moderate
Market backdrop VIX 19.5 · elevated Equity put/call 0.77
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +10%
above
Price vs 50-day avg +2%
above
RSI (14) 60
neutral
MACD trend Positive
52-week position 73%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Strong
1-month return +9%
trailing
6-month return +10%
trailing
YTD return +42%
this year
Relative strength +9%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $51 › 200d $48 — 50d above 200d
Institutional flow Accumulating
99 of 229 funds reported for Sep 30 · net +140.9K sh shares · +20 new
Insider flow Distributing
Net -$4.4M over 90 days · 100% sells
Short interest Falling
3.15% of shares out · ▼ -11.2% MoM · 5.6 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
229 holders — near 3-yr high, broad support
Squeeze score 51
elevated · 0–100
Fundamentals
Excellent
Revenue growth +12%
Y/Y
EPS growth +132%
Y/Y
Valuation P/E 10.7
below peers
Buyback $25.0M
authorized
Balance sheet $4.0B
net debt
Quant / Vol
risk profile
Moderate
Volatility 30%
annualized · 1-yr
Max drawdown −21%
past year
ATR 3.4%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the 8-K filed Nov 5, 2026
FFO, as adjusted, per share · 2026 Non-GAAP $7.34 – $7.44
Change in same-center NOI · 2026 0.75% – 2.25%
Previous outlook earlier release · from the 8-K filed Aug 7, 2026

Still-open targets the latest release did not restate under the same label.

FFO, as adjusted · full-year 2026 $7.15 – $7.25
Same-center NOI percentage change · full-year 2026 0% – 1.5%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
0 · 4 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+10% Bullish
Price vs 50-day avg
+2% Bullish
RSI (14)
60 Neutral
MACD trend
Positive Bullish
52-week position
73% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $51 › 200d $48 — 50d above 200d
Institutional flow Accumulating
99 of 229 funds reported for Sep 30 · net +140.9K sh shares · +20 new
Insider flow Distributing
Net -$4.4M over 90 days · 100% sells
Short interest Falling
3.15% of shares out · ▼ -11.2% MoM · 5.6 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
229 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $32 Now $53 · 73% Range high $60
vs 200-day avg +10% vs 50-day avg +2%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
% Change in Average Gross Rent Per Square Foot - All Property Types 7.5% Six Months Ended June 30, 2026 —
% Change Initial - All Property Types (Leasing) 3.7% Six Months Ended June 30, 2026 —
All Other Properties occupancy 94.5% As of June 30, 2026 —
Average Annual Base Rents Per Square Foot - Same-center Malls, Lifestyle & Outlet Centers $32.24 As of June 30, 2026 —
Company's share of Adjusted EBITDAre non-GAAP $196.02M Six Months Ended June 30, 2026 —
GAAP → non-GAAP reconciliation
GAAP EBITDAre 105.35M
+0K Loss on extinguishment of debt
+0K Abandoned projects expense
-1.78M Adjustment for unconsolidated affiliates with negative investment
+131K Net loss attributable to noncontrolling interests in other consolidated subsidiaries
-322K Noncontrolling interests' share of depreciation and amortization in other consolidated subsidiaries
-691K Noncontrolling interests' share of interest expense in other consolidated subsidiaries
= Company's share of Adjusted EBITDAre 102.68M
EBITDAre non-GAAP $202.58M Six Months Ended June 30, 2026 —
GAAP → non-GAAP reconciliation
GAAP Net income 46.32M
+36.28M Depreciation and amortization
+3.11M Depreciation and amortization from unconsolidated affiliates
+42.72M Interest expense
+6.21M Interest expense from unconsolidated affiliates
+642K Income taxes
-24.01M Gain on depreciable property
-5.93M Gain on deconsolidation
= EBITDAre 105.35M
FFO per diluted share non-GAAP $4.71 Six Months Ended June 30, 2026 —
FFO, as adjusted non-GAAP $3.62 Six Months Ended June 30, 2026 —
FFO, as adjusted, per diluted share non-GAAP $3.62 Six Months Ended June 30, 2026 —
Friendly Center and The Shops at Friendly Sales Per Square Foot for the Trailing Twelve Months E $668 Trailing Twelve Months Ended June 30, 2026 —
In-Line Occupancy - Total Consolidated Encumbered Assets 90.7% Trailing Twelve Months Ended June 30, 2026 —
In-Line Occupancy - Total Joint Venture Assets 94.5% Trailing Twelve Months Ended June 30, 2026 —
In-Line Occupancy - Total Portfolio 90.4% Trailing Twelve Months Ended June 30, 2026 —
In-Line Occupancy - Total Same-Center Portfolio 90.3% Trailing Twelve Months Ended June 30, 2026 —
Malls, lifestyle centers and outlet centers same-center sales per square foot $455 Trailing Twelve Months Ended June 30, 2026 —
New Average Gross Rent PSF - All Property Types (Leasing) $44.22 Six Months Ended June 30, 2026 —
New Initial Gross Rent PSF - All Property Types (Leasing) $42.64 Six Months Ended June 30, 2026 —
Open-air centers occupancy 95% As of June 30, 2026 —
Operating Partnership's share of property NOI non-GAAP $114.4M Three Months Ended June 30, 2026 filing —
Prior Gross Rent PSF - All Property Types (Leasing) $41.12 Six Months Ended June 30, 2026 —
Pro rata share debt balance of cash trapped properties $710.08M As of June 30, 2026 —
Pro rata share of same-center NOI non-GAAP $191.78M Six months ended June 30, 2026 —
Ratio of Adjusted EBITDAre to Interest Expense non-GAAP 2.4 Six Months Ended June 30, 2026 —
Sales Per Square Foot for the Trailing Twelve Months Ended - Total Portfolio $455 Trailing Twelve Months Ended June 30, 2026 —
Sales Per Square Foot for the Trailing Twelve Months Ended - Total Same-Center Portfolio $457 Trailing Twelve Months Ended June 30, 2026 —
Same-center NOI from cash trapped properties non-GAAP $34.48M Six months ended June 30, 2026 —
Same-center NOI percentage change non-GAAP 2.2% Six Months Ended June 30, 2026 —
Square Feet - All Property Types (New and Renewal Leasing) 956,736 Six Months Ended June 30, 2026 —
Total Joint Venture Assets Sales Per Square Foot for the Trailing Twelve Months Ended $498 Trailing Twelve Months Ended June 30, 2026 —
Total lifestyle centers occupancy 92.7% As of June 30, 2026 —
Total Malls (Consolidated Unencumbered) In-Line Occupancy 80.6% June 30, 2026 —
Total Malls (Consolidated Unencumbered) Sales Per Square Foot for the Trailing Twelve Months End $343 Trailing Twelve Months Ended June 30, 2026 —
Total malls occupancy 88.3% As of June 30, 2026 —
Total Open-Air Centers (Joint Venture) In-Line Occupancy 97.4% June 30, 2026 —
Total Outlet Centers (Joint Venture) In-Line Occupancy 94.5% June 30, 2026 —
Total Outlet Centers (Joint Venture) Sales Per Square Foot for the Trailing Twelve Months Ended $490 Trailing Twelve Months Ended June 30, 2026 —
Total outlet centers occupancy 91.5% As of June 30, 2026 —
Total portfolio occupancy 90.4% As of June 30, 2026 —
Total same-center malls, lifestyle centers and outlet centers occupancy 88.9% As of June 30, 2026 —
Total same-center NOI non-GAAP $97.65M Three Months Ended June 30, 2026 filing —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

REIT - Retail — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
CBL
Cbl & Associates Properties Inc
this stock
$1.63B +42.0% +12.2% 10.7 3.2%
SPG
Simon Property Group Inc.
$75.61B +26.7% +6.7% 16.9 3.1%
O
Realty Income Corp
$56.62B +5.6% +9.1% 41.1 4.4%
KIM
Kimco Realty Corp
$17.23B +26.7% +5.1% 24.0 5.1%
UNBLF
Unibail-Rodamco SE
$14.47B -8.2% — — 0.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
245
% held
79.6%
Reported
99 of 229
Top holder
CANYON CAPITAL ADVISORS L…
Held Float
View
Held by Funds
Fund positions
219
View
Short & Settlement
Short Interest Falling
Shares short
975.1K
Days to cover
5.6d
Change
-122.7K sh
View
Short Volume
Short vol %
42%
As of
Nov 10, 2026
Short Total
View
Fails to Deliver
FTD shares
54
Value
$2.9K
As of
Oct 1, 2026
View
Off-Exchange
Off-exchange %
42.9%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$4.4M
Buyers / Sellers
0 / 5
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$578.4M
Net income (FY)
$136.0M
EPS diluted
$4.34
View
Buybacks
Authorized
$25.0M
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 9, 2026
This year
15
View
Proposed Sales
Value
$68.2M
Shares
1.3M
Filed
Oct 6, 2026
View
Earnings & Events
Webcasts
Last webcast
Feb 7, 2020
View
Investor Relations
Latest news
CBL Properties Reports Third Quar…
Published
Nov 5, 2026
View

Performance

5D 20D 120D MTD YTD
CBL +6.5% +9.3% +10.1% +4.2% +42.0%
SPY -0.6% -3.6% +1.2% -0.8% +10.0%
vs SPY +7.1% +12.9% +8.9% +5.0% +32.0%

Capital returns

Latest dividend
$0.625 / share · ex Sep 15, 2026
Declared · upcoming
$0.625 / share · ex Dec 14, 2026
Raised 257.1%
Paid (TTM)
$2.325 / share · 5 payouts
Dividend yield (TTM, derived)
4.43%
Full dividend history
Buyback program · as of Nov 4, 2026
Authorized
$25.00M
Spent (derived)
—
Remaining
—

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 910612 CUSIP 124830878 13F (30d) 138 filings 113 filers Visit website Investor relations