CBL Properties (CBL) Analysts See $0.58 EPS

January 20, 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 is negative, 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.
Fifth Third Financial Bank reported 0% of its portfolio in CBL Properties (NYSE:CBL). 6,276 are owned by Hexavest Incorporated. Metropolitan Life Ins New York has invested 0.01% in CBL Properties (NYSE:CBL). Dupont Capital Mgmt holds 123,575 shares or 0.02% of its portfolio. Adams Asset Advisors Limited Liability accumulated 1.43M shares. Moreover, Goldman Sachs has 0.01% invested in CBL Properties (NYSE:CBL) for 2.48M shares. Piedmont Inv Advsr Ltd Liability Com reported 37,269 shares stake. Arrow Invest Advisors Limited Company owns 77,525 shares or 0.2% of their US portfolio. Savings Bank Of New York Mellon accumulated 3.06 million shares. Barclays Public Lc owns 138,404 shares for 0% of their portfolio. Nomura Asset Management Com Limited stated it has 101,500 shares or 0.01% of all its holdings. Bluestein R H And invested 0.02% in CBL Properties (NYSE:CBL). Principal Financial Group holds 0.01% of its portfolio in CBL Properties (NYSE:CBL) for 1.31 million shares. Daiwa Secs Inc owns 16,845 shares or 0% of their US portfolio. Moreover, Livingston Group Asset Mngmt (Operating As Southport Cap Management) has 0.04% invested in CBL Properties (NYSE:CBL).

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 2.42 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 1.63% or $0.09 during the last trading session, reaching $5.61. About 2.43M shares traded. CBL Properties (NYSE:CBL) has declined 23.94% since January 20, 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 41 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Sunday, August 20 with “Buy”. The stock of CBL Properties (NYSE:CBL) has “Sell” rating given on Thursday, December 21 by Jefferies. Jefferies maintained CBL Properties (NYSE:CBL) rating on Monday, October 30. Jefferies has “Buy” rating and $11.0 target. The company was maintained on Monday, July 17 by Jefferies. The rating was downgraded by Goldman Sachs on Wednesday, January 6 to “Neutral”. The stock of CBL Properties (NYSE:CBL) earned “Neutral” rating by Goldman Sachs on Thursday, June 2. The stock of CBL Properties (NYSE:CBL) earned “Sell” rating by Wells Fargo on Friday, November 3. The firm has “Underweight” rating given on Thursday, December 14 by Morgan Stanley. Stifel Nicolaus maintained the shares of CBL in report on Friday, July 14 with “Hold” rating. Citigroup downgraded CBL Properties (NYSE:CBL) rating on Thursday, December 14. Citigroup has “Sell” rating and $4.0 target.

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 $1.12 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 8.85 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 & Associates Properties’ Class D Preferred Shares Dip As Relative Safety …” on November 21, 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: Wall Street Isn’t Stupid” on October 30, 2017. More interesting news about CBL Properties (NYSE:CBL) were released by: Seekingalpha.com and their article: “CBL (Re)Issues Bonds – My Thoughts” published on September 01, 2017 as well as Seekingalpha.com‘s news article titled: “CBL: This Is Disappointing” with publication date: November 04, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: