CBL Properties | REIT Profile

Symbol: CBL
CIK: 910612
Exchange: NYSE
Founded: 1961 (64 years)
HQ: Chattanooga, TN, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Retail

See CBL on Yahoo Finance
See CBL on SEC.gov

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About CBL Properties

CBL Properties is a real estate investment trust (REIT) traded on the NYSE (NYSE: CBL). We manage our portfolio of market-dominant malls and open-air centers to generate lasting value for our shareholders. Since going public in 1993, CBL has generated tremendous growth as a company, measured both by portfolio size, and increases in cash flows and dividends. The company looks forward to continuing success through expansions, renovations, and aggressive leasing at its properties. CBL also seeks opportunities to increase income through sponsorship, branding, and other initiatives.


CBL Properties Company Logo

Stock Chart

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REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 7.5

Dividend of Trading Day 2025-08-15


Dividend Yield: 5.28%*
Annualized Dividend: $1.8*
Dividend Yield (TTM): 8.1%
Annualized Dividend (TTM): $2.45
Ex-Dividend Date: 2025-09-15
Dividend Date: 2025-09-30
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for CBL Properties

Properties Owned by CBL


CBL Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $25.73 per share you would have been able to buy 38 shares of CBL on 2024-08-15 costing $977.74 @ $25.73 per share you would have been able to buy 19 shares of CBL on 2024-08-15 costing $488.87 @ $25.73 per share you would have been able to buy 9 shares of CBL on 2024-08-15 costing $231.57 @ $25.73 per share you would have been able to buy 3 shares of CBL on 2024-08-15 costing $77.19 @ $25.73 per share you would have been able to buy 1 shares of CBL on 2024-08-15 costing $25.73
Current worth On 2025-08-15 these 38 shares would be worth $1,154.82 @ $30.39 On 2025-08-15 these 19 shares would be worth $577.41 @ $30.39 On 2025-08-15 these 9 shares would be worth $273.51 @ $30.39 On 2025-08-15 these 3 shares would be worth $91.17 @ $30.39 On 2025-08-15 these 1 shares would be worth $30.39 @ $30.39
Dividends earned $123.50 in dividends would have been earned since 2024-08-15 with 38 shares. $62 in dividends would have been earned since 2024-08-15 with 19 shares. $29.25 in dividends would have been earned since 2024-08-15 with 9 shares. $9.75 in dividends would have been earned since 2024-08-15 with 3 shares. $3.25 in dividends would have been earned since 2024-08-15 with 19 shares.
Net (gain / loss)* 300.58 USD 150.29 USD 71.19 USD 23.73 USD 7.91 USD
ROI** 30.74% 30.74% 30.74% 30.74% 30.74%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by CBL. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
CBL 2025-09-15 0.450 12.50% 2025-08-04 2025-09-15 2025-09-30
CBL 2025-06-13 0.400 -66.67% 2025-05-01 2025-06-13 2025-06-30
CBL 2025-03-13 1.200 200.00% 2025-02-12 2025-03-13 2025-03-31
CBL 2024-12-13 0.400 --- 2024-10-14 2024-12-13 2024-12-31
CBL 2024-11-25 0.400 --- 2024-10-14 2024-11-25 2024-12-11
CBL 2024-09-13 0.400 --- 2024-08-07 2024-09-13 2024-09-30
CBL 2024-06-13 0.400 --- 2024-05-08 2024-06-13 2024-06-28
CBL 2024-03-14 0.400 6.67% 2024-02-08 2024-03-15 2024-03-29
CBL 2023-12-11 0.375 --- 2023-11-08 2023-12-12 2023-12-29
CBL 2023-09-14 0.375 --- 2023-08-09 2023-09-15 2023-09-29
CBL 2023-06-13 0.375 --- 2023-05-09 2023-06-14 2023-06-30
CBL 2023-03-14 0.375 -82.95% 2023-02-16 2023-03-15 2023-03-31

Financial Statements Overview


The next Earnings Report for CBL is

Balance Sheet | Quarterly


Assets 2025-06-30 2025-03-31 QoQ
Current Assets
  Cash and Cash Equivalents at Carrying Value 100,325,000 29,822,000
  Short-Term Investments 187,662,000 246,290,000
  Cash and Short Term Investments 100,325,000 29,822,000
  Current Net Receivables 35,648,000 37,876,000
  Inventory 0 0
  Other Current Assets 0 0
  Total Current Assets 462,424,000 276,112,000 67.5%
Non-Current Assets
  Property Plant Equipment 0 0
  Accumulated Depreciation Amortization PPE 0 0
  Long-Term Investments 84,434,000 84,121,000
  Investments 0 0
  Intangible Assets Excluding Goodwill 294,989,000 155,742,000
  Goodwill 0 0
  Intangible Assets 294,989,000 155,742,000
  Other Non-Current Assets 0 0
  Total Non-Current Assets 2,140,583,000 239,863,000 792.4%
  Total Assets 2,603,007,000 515,975,000 404.5%
Liabilities
Current Liabilities
  Current Accounts Payable 0 0
  Deferred Revenue 0 0
  Current Debt 0 0
  Short-Term Debt 0 0
  Current Long-Term Debt 0 0
  Short Long-Term Debt Total 0 0
  Other Current Liabilities 0 0
  Total Current Liabilities 185,718,000 190,190,000 -2.4%
Non-Current Liabilities
  Long-Term Debt Noncurrent 0 0
  Long-Term Debt 2,139,776,000 2,150,562,000
  Capital Lease Obligations 0 0
  Other Non-Current Liabilities 0 0
  Total Non-Current Liabilities 2,139,776,000 2,150,562,000
  Total Liabilities 2,325,494,000 2,340,752,000 -0.7%
Shareholders' Equity
  Common Stock 0 31,000
  Common Stock Shares Outstanding 30,935,677 30,709,000
  Treasury Stock 0 0
  Retained Earnings -409,782,000 -400,167,000
  Total Shareholder Equity 289,387,000 295,026,000 -1.9%

Amounts in USD ($)

Income Statement | Quarterly


2025-06-30 2025-03-31 QoQ
Total Revenue 140,905,000 141,768,000 -0.6%
  Cost of Revenue   48,982,000   55,075,000
  Cost of Goods and Services Sold   48,982,000   55,075,000
Gross Profit 91,923,000 86,693,000 6.0%
  Research and Development   0   0
  Selling General and Administrative   15,188,000   20,707,000
  Depreciation   0   0
  Depreciation and Amortization   0   -45,541,000
  Operating Expenses   103,902,000   20,707,000
Operating Income 37,003,000 65,986,000 -43.9%
  EBIT (Earnings Before Interest and Tax)   0   65,986,000
  Investment Income Net   0   0
  Net Interest Income   -40,795,000   -40,757,000
  Interest Income   3,164,000   3,468,000
  Interest Expense   43,959,000   44,225,000
  Interest and Debt Expense   0   0
  Non Interest Income   0   0
  Other Non Operating Income   0   0
Income Before Tax -3,910,000 8,212,000 -147.6%
  Income Tax Expense 0 8,212,000
Net Income from Continuing Operations 2,158,000 8,387,000
Net Income 2,759,000 8,212,000 -66.4%
Comprehensive Income Net of Tax 0 0
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) 0 20,445,000

Amounts in USD ($)

Cash Flow | Quarterly


Cash Flows from Operating Activities 2025-06-30 2025-03-31 QoQ
  Net Income 2,759,000 -408,000 -776.2%
  Depreciation, Depletion, and Amortization 42,344,000 11,351,000
  Change in Receivables 0 0
  Change in Inventory 0 0
  Change in Operating Assets 0 0
  Change in Operating Liabilities 0 0
  Payments for Operating Activities 0 0
  Proceeds from Operating Activities 0 0
  Profit Loss 0 0
  Net Cash Provided by Operating Activities 68,268,000 31,679,000 115.5%
Cash Flows from Investing Activities
  Capital Expenditures 0 0
  Net Cash Used in Investing Activities 0 0
Cash Flows from Financing Activities
  Proceeds from Issuance of Common Stock 0 0
  Proceeds from Issuance of Preferred Stock 0 0
  Proceeds from Issuance of Long-Term Debt 0 0
  Proceeds from Repurchase of Equity 0 0
  Proceeds from Sale of Treasury Stock 0 0
  Repayment of Short-Term Debt 0 0
  Payments for Repurchase of Common Stock 0 0
  Payments for Repurchase of Preferred Stock 0 0
  Payments for Repurchase of Equity 0 0
  Dividend Payout 12,374,000 0
  Dividend Payout - Common Stock 12,374,000 0
  Dividend Payout - Preferred Stock 0 0
  Net Cash Provided by Financing Activities -33,526,000 0 inf%
Other Items
  Effect of Exchange Rate on Cash 0 0
  Net Increase in Cash and Cash Equivalents 0 0

Amounts in USD ($)

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 7.8
8 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.8
10 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.4
Rating AFFO & Efficiency Section Avg. Rating
9 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 8.7
7 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.5
10 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 9.2
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.4
Rating Leverage Section Avg. Rating
10 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 8.0
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.0
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.4
10 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.8
0 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
0 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.6
Rating Asset & Revenue Section Avg. Rating
6 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 6.4
7 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.0
6 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.5
3 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 5.9
Rating Properties Section Avg. Rating
7 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.8
7 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 7.8
8 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.1
Rating Market Cap Section Avg. Rating
7 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 4.7
7.5 Overall REITRating™ Score (See trend) 6.3

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this CBL. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
Volusia Mall Retail 1700 W. Intl Speedway Blvd Daytona Beach FL
Westmoreland Mall Retail 5256 Route 30 Greensburg PA
Westmoreland Crossing Retail U.S. Route 30 East Greensburg PA

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Last updated: 2025-08-15 - v6.6