EPS for CBL Properties (CBL) Expected At $0.58

January 20, 2018 - By Marguerite Chambers

 EPS for CBL Properties (CBL) Expected At $0.58
Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.52, from 1.8 in 2017Q2. It turned 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.
Highland Mgmt Ltd Liability holds 14,234 shares. The New Jersey-based Systematic Limited Partnership has invested 0.03% in CBL Properties (NYSE:CBL). Neuberger Berman Group Lc invested in 0% or 411,755 shares. Gru Holdings Ag owns 0.07% invested in CBL Properties (NYSE:CBL) for 79,000 shares. Prudential Financial invested in 0.01% or 911,417 shares. Mufg Americas holds 0% in CBL Properties (NYSE:CBL) or 3,525 shares. Meritage Port Mngmt accumulated 207,485 shares. Sentinel Lba holds 0.7% or 493,007 shares. Northern stated it has 0.01% of its portfolio in CBL Properties (NYSE:CBL). Riverhead Capital Management Lc stated it has 12,715 shares. Asset One reported 0.01% of its portfolio in CBL Properties (NYSE:CBL). Bancorporation Of America Corp De has 1.80M shares. The Connecticut-based Cubist Systematic Strategies Lc has invested 0% in CBL Properties (NYSE:CBL). State Board Of Administration Of Florida Retirement Sys invested 0% of its portfolio in CBL Properties (NYSE:CBL). Hsbc Public Ltd Liability accumulated 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 2.42 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 stock has “Neutral” rating by Citigroup on Monday, January 30. The rating was downgraded by IBC on Tuesday, October 6 to “Sector Perform”. The firm has “Sell” rating given on Friday, November 3 by Bank of America. Barclays Capital maintained the shares of CBL in report on Friday, June 23 with “Hold” rating. JP Morgan maintained CBL Properties (NYSE:CBL) on Tuesday, February 9 with “Neutral” rating. As per Wednesday, January 6, the company rating was downgraded by Goldman Sachs. The firm has “Sell” rating given on Friday, November 3 by Wells Fargo. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, August 30 report. As per Friday, July 15, the company rating was upgraded by KeyBanc Capital Markets. Mizuho downgraded the stock to “Underperform” rating in Wednesday, November 8 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 $1.12 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: Nasdaq.com which released: “CBL & Associates Properties, Inc. (CBL) Ex-Dividend Date Scheduled for …” on December 27, 2017, also Seekingalpha.com with their article: “CBL (Re)Issues Bonds – My Thoughts” published on September 01, 2017, Seekingalpha.com published: “CBL – The Lipstick Fades” on November 03, 2017. More interesting news about CBL Properties (NYSE:CBL) were released by: Seekingalpha.com and their article: “CBL & Associates Properties’ Class D Preferred Shares Dip As Relative Safety …” published on November 21, 2017 as well as Seekingalpha.com‘s news article titled: “Don’t Buy CBL” with publication date: May 31, 2017.

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