CBL & Associates Properties, Inc. (CBL) EPS Estimated At $0.55

July 18, 2017 - By Clifton Ray

 CBL & Associates Properties, Inc. (CBL) EPS Estimated At $0.55
Investors sentiment decreased to 0.87 in 2016 Q4. Its down 0.50, from 1.37 in 2016Q3. It dropped, as 35 investors sold CBL & Associates Properties, Inc. shares while 76 reduced holdings. 22 funds opened positions while 75 raised stakes. 157.32 million shares or 2.25% less from 160.94 million shares in 2016Q3 were reported.
Cap Fund Mngmt has invested 0.03% in CBL & Associates Properties, Inc. (NYSE:CBL). 1.40M are held by Century Companies. Blackrock Ltd reported 1.20M shares stake. 3.67M are held by Numeric Investors Limited Liability. Macquarie Group stated it has 530,406 shares. Northern Trust owns 3.95 million shares. Tiaa Cref Inv Llc has 0% invested in CBL & Associates Properties, Inc. (NYSE:CBL). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% in CBL & Associates Properties, Inc. (NYSE:CBL) or 10,718 shares. Amp Invsts Ltd owns 26,246 shares. Renaissance Group Inc Lc reported 0.01% in CBL & Associates Properties, Inc. (NYSE:CBL). Next Fin Group Inc reported 0% stake. Daiwa Securities Gp has 10,145 shares for 0% of their portfolio. Ajo Limited Partnership, a Pennsylvania-based fund reported 6.79M shares. Patten Grp invested 0% in CBL & Associates Properties, Inc. (NYSE:CBL). Bridgecreek Inv Mgmt has invested 0.08% in CBL & Associates Properties, Inc. (NYSE:CBL).

Since May 17, 2017, it had 2 insider purchases, and 0 insider sales for $37,404 activity. Shares for $19,716 were bought by Reinsmidt Kathryn A..

Investors wait CBL & Associates Properties, Inc. (NYSE:CBL) to report on July, 27. its quarterly earnings Wall Street analysts expect $0.55 EPS, down $0.04 or 6.78 % from last year’s $0.59 same quarter earnings. This translates into $97.02M profit for CBL giving the stock a 3.97 P/E. This is assuming the current $0.55 EPS is accurate. CBL & Associates Properties, Inc.’s Wall Street analysts see 5.77 % EPS growth, taking into account the $0.52 EPS reproted in the previous quarter, The stock increased 0.29% or $0.02 during the last trading session, reaching $8.73. About 3.14 million shares traded. CBL & Associates Properties, Inc. (NYSE:CBL) has declined 23.94% since July 18, 2016 and is downtrending. It has underperformed by 40.64% the S&P500.

CBL & Associates Properties, Inc. (NYSE:CBL) Ratings Coverage

Among 11 analysts covering CBL & Associates Properties (NYSE:CBL), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. CBL & Associates Properties had 22 analyst reports since July 21, 2015 according to SRatingsIntel. Hilliard Lyons maintained CBL & Associates Properties, Inc. (NYSE:CBL) on Friday, May 5 with “Buy” rating. The company was downgraded on Tuesday, October 6 by IBC. The stock has “Sell” rating by Citigroup on Tuesday, December 13. The company was maintained on Friday, June 23 by Barclays Capital. The firm earned “Neutral” rating on Thursday, August 25 by BTIG Research. On Tuesday, May 23 the stock rating was maintained by Jefferies with “Buy”. Goldman Sachs downgraded the shares of CBL in report on Wednesday, January 6 to “Neutral” rating. Stifel Nicolaus maintained CBL & Associates Properties, Inc. (NYSE:CBL) on Friday, July 14 with “Hold” rating. The rating was upgraded by KeyBanc Capital Markets on Friday, July 15 to “Overweigt”. Jefferies maintained CBL & Associates Properties, Inc. (NYSE:CBL) rating on Friday, June 16. Jefferies has “Buy” rating and $1100 target.

CBL & Associates Properties, Inc. is a self-managed, self-administered, integrated real estate investment trust. The company has market cap of $1.54 billion. The Firm owns, develops, acquires, leases, manages and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties. It has a 12.23 P/E ratio. The Company’s divisions are Malls, Associated Centers, Community Centers and All Other.

More notable recent CBL & Associates Properties, Inc. (NYSE:CBL) news were published by: Seekingalpha.com which released: “CBL Vs. SERITAGE: Tears And Fears Of A Bankrupt Sears” on July 11, 2017, also Nasdaq.com with their article: “CBL & Associates Properties, Inc. (CBL) Ex-Dividend Date Scheduled for June 28 …” published on June 27, 2017, Nasdaq.com published: “Adams Asset Advisors, LLC Buys CBL & Associates Properties Inc, Energy …” on July 13, 2017. More interesting news about CBL & Associates Properties, Inc. (NYSE:CBL) were released by: Seekingalpha.com and their article: “Warren Picked The Wrong Retail REIT” published on July 01, 2017 as well as Seekingalpha.com‘s news article titled: “CBL & Associates Properties, Inc. Vs. Seritage: Hopes And Dreams Of ‘Sears …” with publication date: July 17, 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.