← Back

CBL & Associates Properties Inc

CBL & Associates Properties, Inc. is headquartered in Chattanooga, TN. The company owns and manages a national portfolio of market-dominant properties in growing communities. Its owned and managed portfolio includes 85 properties totaling 54.8 million square feet across 23 states, comprising 54 enclosed malls, outlet centers, and lifestyle retail centers, as well as more than 20 open-air centers and other assets. CBL seeks to strengthen its company and portfolio through active management, leasing, and reinvestment. The company was established in 1978 and incorporated in Delaware.

Country
Price · split & dividend adjusted
News & notes moving CBL
CBL

Zacks highlights Eli Lilly, HSBC, Palantir, and CBL & Associates in latest analyst reports

Zacks Equity Research featured new reports on 16 major stocks, including Eli Lilly, HSBC, Palantir Technologies, and micro-cap CBL & Associates Properties. Eli Lilly shares have gained 58.2% over the past year, driven by strong demand for GLP-1 drugs Mounjaro and Zepbound, while its new oral obesity pill Foundayo is seen as a potential game-changer. HSBC shares rose 69.1%, supported by wealth momentum in Asia and the completed privatization of Hang Seng Bank, though higher expected credit losses and elevated expenses pose headwinds. Palantir shares declined 5.8% amid a broader industry drop of 18%, with its AI platforms driving government and commercial growth, but competition and no dividend remain concerns. CBL & Associates Properties, a micro-cap with a market capitalization of $1.63 billion, surged 119.3%, benefiting from stable operations and capital recycling, though modest organic growth and tenant turnover present risks.
Zacks Investment Research·74dRead more →
CBL

CBL Executive VP Howard Grody Sells 5,728 Shares for $275,000 After Stock Doubles

CBL & Associates Properties Executive Vice President of Leasing Howard Grody sold 5,728 shares of common stock for approximately $275,000, according to an SEC filing. The sale represented 7% of his direct holdings, leaving him with 76,311 shares worth roughly $3.62 million based on the June 18 closing price of $48.03. It marks his only open-market sale since December 2023, executed after CBL shares returned 100% over the prior year. The company recently reported a 15% year-over-year increase in first-quarter adjusted funds from operations to $1.73 per share, raised full-year guidance, and boosted its quarterly dividend by 39%.
The Motley Fool·86dRead more →