CBL Properties (CBL) Analysts See $0.58 EPS

January 8, 2018 - By Marie Mckinney

 CBL Properties (CBL) Analysts See $0.58 EPS
Investors sentiment decreased to 1.28 in 2017 Q3. Its down 0.52, from 1.8 in 2017Q2. It worsened, 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.
Raymond James Associate reported 19,261 shares or 0% of all its holdings. Mason Street Ltd Liability Company holds 0.01% or 43,333 shares in its portfolio. 19,584 are held by Eqis Capital Mgmt Inc. Cwm Limited Liability accumulated 0% or 39 shares. Koch Industries holds 0.14% in CBL Properties (NYSE:CBL) or 69,752 shares. New Mexico Educational Retirement Board invested 0.01% of its portfolio in CBL Properties (NYSE:CBL). Wells Fargo Mn reported 252,450 shares. Meeder Asset Management owns 4,353 shares. Moreover, Fincl Bank Of Mellon has 0.01% invested in CBL Properties (NYSE:CBL) for 3.06 million shares. New York-based Blackrock has invested 0.01% in CBL Properties (NYSE:CBL). First Lp has invested 0.01% in CBL Properties (NYSE:CBL). California Public Employees Retirement holds 0.01% or 728,683 shares. Parametric Port Associate Ltd Llc owns 0.01% invested in CBL Properties (NYSE:CBL) for 1.16M shares. Dupont Capital Management Corporation holds 0.02% or 123,575 shares. Guggenheim Lc reported 268,848 shares stake.

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 $115.59 million giving it 2.46 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 increased 1.42% or $0.08 during the last trading session, reaching $5.71. About 2.15M shares traded. CBL Properties (NYSE:CBL) has declined 23.94% since January 8, 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. Goldman Sachs maintained the stock with “Neutral” rating in Thursday, June 2 report. Bank of America downgraded CBL Properties (NYSE:CBL) on Friday, November 3 to “Sell” rating. As per Tuesday, October 6, the company rating was downgraded by IBC. The rating was maintained by JP Morgan on Tuesday, February 9 with “Neutral”. The company was downgraded on Friday, November 3 by Hilliard Lyons. The firm has “Hold” rating given on Monday, August 7 by Boenning & Scattergood. The rating was initiated by Boenning & Scattergood on Wednesday, January 27 with “Underperform”. Barclays Capital maintained CBL Properties (NYSE:CBL) on Friday, June 23 with “Hold” rating. The firm has “Overweigt” rating by KeyBanc Capital Markets given on Friday, July 15. Jefferies downgraded the stock to “Sell” rating in Thursday, December 21 report.

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 $1.14 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 9.01 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: “Don’t Buy CBL” on May 31, 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: “CBL – The Lipstick Fades” with publication date: November 03, 2017.

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