CBL
CBL & Associates Properties, Inc.37.55
+0.08+0.21%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.16BP/E (TTM)
9.39Basic EPS (TTM)
4.00Dividend Yield
0.04%Recent Filings
8-K
Reloads $25M buyback plan
CBL Properties reloaded its stock repurchase program on November 5, 2025, authorizing $25 million in buybacks through November 5, 2026, replacing the prior plan under which it snapped up 248,590 shares for $7.3 million. CEO Lebovitz sees the stock's discount as an attractive chance to deploy capital. Strong cash supports this and dividends. Program flexible; may suspend anytime.
8-K
CBL Q2 FFO beats; malls acquired
CBL Properties reported Q2 FFO as adjusted at $1.86 per share, up from $1.73, despite same-center NOI dipping 0.5%. Key moves: snagged four dominant malls for $178.9M from Washington Prime Group, funded by $162.7M YTD dispositions like The Promenade at 8.5% cap. Board hiked dividend 12.5% to $0.45/share. Updated 2025 FFO guide: $6.98-$7.34.
10-Q
Q2 FY2025 results
CBL's Q2 revenues climbed 8.8% y/y to $140.9M on stronger rental income, yet net income slipped to $2.2M from $4.3M as interest expense jumped 11.5% y/y to $44.0M. Diluted EPS held at $0.08, confirmed against 30,742K shares with anti-dilution from unvested restricted stock. Cash swelled to $100.3M with $99.9M operating cash flow; debt dipped to $2.1B net after $93.7M paydowns. Sales like Imperial Valley Mall fueled $23M YTD gains, offset by $1.5M impairment. Debt matures heavily in 2025, yet extensions available. Solid cash position. Tenant bankruptcies loom as a risk.
8-K
CBL buys four malls for $178.9M
CBL Properties snapped up four regional malls—Ashland Town Center, Mesa Mall, Paddock Mall, and Southgate Mall—from Washington Prime Group for $178.9 million on July 29, 2025. Funded by real estate sales and a loan mod that boosted its $333 million facility to $443 million with a seven-year term and mostly fixed 7.70% rates through 2030. Deal accretes cash flow per share. Loan extends maturities but adds floating-rate exposure post-five years.
8-K
Annual meeting elects board
CBL & Associates Properties held its annual shareholder meeting on May 22, 2025, electing seven directors—Stephen D. Lebovitz with 24.2M votes for, others strong but with notable withholds up to 3.7M. Shareholders ratified Deloitte & Touche as auditors (26.2M for) and approved exec comp (24.0M for). Board continuity locked in.
IPO
Employees
Sector
Industry
CTO
CTO Realty Growth, Inc.
17.73-0.07
CURB
Curbline Properties Corp.
23.04-0.06
CUZ
Cousins Properties Incorporated
25.16-0.14
ELS
Equity Lifestyle Properties, In
61.66-1.06
IIPR
Innovative Industrial Propertie
58.14+1.61
MAC
Macerich Company (The)
18.30-0.29
NNN
NNN REIT, Inc.
40.06-0.38
REG
Regency Centers Corporation
67.16-1.09
SITC
SITE Centers Corp.
6.31-0.06
UE
Urban Edge Properties
19.46-0.21