Analysts See $0.58 EPS for CBL Properties (CBL)

January 13, 2018 - By Ellis Scott

 Analysts See $0.58 EPS for CBL Properties (CBL)
Investors sentiment decreased to 1.28 in 2017 Q3. Its down 0.52, from 1.8 in 2017Q2. It dropped, as 22 investors sold CBL Properties shares while 63 reduced holdings. 37 funds opened positions while 72 raised stakes. 159.30 million shares or 5.47% less from 168.52 million shares in 2017Q2 were reported.
Point72 Asia (Hong Kong) Limited accumulated 10,709 shares. Glenmede Trust Na accumulated 0% or 5,000 shares. Raymond James & Assocs reported 19,261 shares or 0% of all its holdings. Moreover, Old Mutual Customised Solutions (Proprietary) Limited has 0.01% invested in CBL Properties (NYSE:CBL) for 5,600 shares. Alliancebernstein L P stated it has 492,336 shares or 0% of all its holdings. Raymond James Financial Advsrs invested in 170,824 shares. Goldman Sachs Gp Inc Inc invested 0.01% in CBL Properties (NYSE:CBL). Tci Wealth Advsrs, Arizona-based fund reported 257 shares. Hudock Group Inc Ltd Liability holds 0% or 530 shares. Tiaa Cref Invest Management Limited Company, New York-based fund reported 446,002 shares. Amer International Gru invested 0% in CBL Properties (NYSE:CBL). Employees Retirement Of Ohio stated it has 220,023 shares or 0.01% of all its holdings. Voya Invest Limited Liability Company accumulated 254,071 shares. Ray Gerald L And Limited reported 439,106 shares. Hsbc Hldg Public Ltd Company invested in 0% or 34,673 shares.

Analysts expect CBL Properties (NYSE:CBL) to report $0.58 EPS on February, 8 after the close.They anticipate $0.10 EPS change or 14.71 % from last quarter’s $0.68 EPS. CBL’s profit would be $115.59M giving it 2.45 P/E if the $0.58 EPS is correct. After having $0.50 EPS previously, CBL Properties’s analysts see 16.00 % EPS growth. The stock decreased 0.70% or $0.04 during the last trading session, reaching $5.69. About 1.83M shares traded. CBL Properties (NYSE:CBL) has declined 23.94% since January 13, 2017 and is downtrending. It has underperformed by 40.64% the S&P500.

CBL Properties (NYSE:CBL) Ratings Coverage

Among 17 analysts covering CBL & Associates Properties (NYSE:CBL), 0 have Buy rating, 8 Sell and 9 Hold. Therefore 0 are positive. CBL & Associates Properties had 40 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained CBL Properties (NYSE:CBL) rating on Friday, July 14. Stifel Nicolaus has “Hold” rating and $8.25 target. The rating was maintained by Jefferies with “Buy” on Friday, June 16. The firm earned “Hold” rating on Thursday, November 2 by Stifel Nicolaus. As per Monday, August 7, the company rating was maintained by Boenning & Scattergood. The rating was downgraded by Jefferies on Thursday, December 21 to “Sell”. Jefferies downgraded the stock to “Hold” rating in Monday, November 6 report. The rating was upgraded by Citigroup to “Neutral” on Monday, January 30. The firm has “Sell” rating by Citigroup given on Tuesday, December 13. The stock of CBL Properties (NYSE:CBL) earned “Buy” rating by Jefferies on Monday, October 30. The rating was maintained by Hilliard Lyons with “Buy” on Friday, May 5.

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. The company has market cap of $1.13 billion. CBL??s portfolio is comprised of 119 properties totaling 74.4 million square feet across 27 states, including 76 high-quality enclosed, outlet and open-air retail centers and 12 properties managed for third parties. It has a 8.97 P/E ratio. CBL continuously strengthens its firm and portfolio through active management, aggressive leasing and profitable reinvestment in its properties.

More notable recent CBL Properties (NYSE:CBL) news were published by: Seekingalpha.com which released: “CBL – The Lipstick Fades” on November 03, 2017, also Nasdaq.com with their article: “CBL & Associates Properties, Inc. (CBL) Ex-Dividend Date Scheduled for …” published on December 27, 2017, Seekingalpha.com published: “CBL & Associates – Second-Quarter Update” on August 11, 2017. More interesting news about CBL Properties (NYSE:CBL) were released by: Seekingalpha.com and their article: “CBL: Wall Street Isn’t Stupid” published on October 30, 2017 as well as Seekingalpha.com‘s news article titled: “Why I Am Swapping My Whitestone REIT For CBL & Associates Properties” with publication date: December 10, 2017.

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