CBL trades at roughly 5.5x operating cash flow — among the most attractively valued names in its retail REIT peer group — with a 51% return on equity and 30% operating margins, but 5.4x debt-to-equity leverage, weak revenue growth, and only 2.2% headroom to the analyst price target leave limited near-term return potential.
Thesis pillars
- Attractive Reit Cash Flow Valuation→Stable
- High Leverage Balance Sheet Risk↓Deteriorating
- Strong Reit Quality Metrics→Stable
- +1 more pillar — see the Why tab for full reasoning
CBL & Associates Properties, In (CBL) Stock Analysis
Inst Constrain edge
Real Estate · REIT - Retail
Sell if holding. At $51.19, A.R:R 0.9:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 4.6%; Sector modifier (Real Estate): -1.2.
CBL & Associates Properties is a retail real estate investment trust that owns and operates malls, outlet centers, lifestyle centers, open-air centers, office buildings and hotels concentrated principally in the southeastern and midwestern United States. Its tenant and market... Read more
Sell if holding. At $51.19, A.R:R 0.9:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 4.6%; Sector modifier (Real Estate): -1.2. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.6/10, high confidence.
Passes 5/8 gates (no SEC red flags, news events none recent, earnings proximity 41d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-09-25Recent Developments — CBL & Associates Properties, In
Latest news
- NEWS CBL International Limited Revenue Breakdown – NASDAQ:BANL - TradingView — TradingView neutral
- NEWS Cbl & Associates Properties stock hits all-time high at 59.26 USD By Investing.com - Investing.com South Africa — Investing.com South Africa positive
- NEWS Cbl & Associates Properties stock hits all-time high at 59.26 USD - Investing.com — Investing.com positive
- NEWS CBL International Shareholders Approve Director Slate and Auditor at 2026 AGM - TipRanks — TipRanks neutral
- NEWS CBL & Associates Properties stock hits all-time high at 45.49 USD - Investing.com — Investing.com positive
Generated 2026-09-25T20:52:02Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMGeographicsoutheastern and midwestern United States10-K Item 1A: 'Our properties are located principally in the southeastern and midwestern United States, so our business is subject generally to economic conditions in these regions and, in particular, to adverse economic developments affecting the operating results of our properties in our five largest markets.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $51.19, A.R:R 0.9:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 4.6%; Sector modifier (Real Estate): -1.2. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $49.51. Score 5.6/10, high confidence.
Take-profit target: $53.55 (+4.6% upside). Prior stop was $49.51. Stop-loss: $49.51.
Thin upside margin: 4.6%; Sector modifier (Real Estate): -1.2; Leverage penalty (D/E 4.8): -1.5.
CBL & Associates Properties, In trades at a P/E of 7.5 (forward -134.1). TrendMatrix value score: 7.8/10. Verdict: Sell.
6 analysts cover CBL with a consensus score of 4.2/5. Average price target: $63.
What does CBL & Associates Properties, In do?CBL & Associates Properties is a retail real estate investment trust that owns and operates malls, outlet centers,...
CBL & Associates Properties is a retail real estate investment trust that owns and operates malls, outlet centers, lifestyle centers, open-air centers, office buildings and hotels concentrated principally in the southeastern and midwestern United States. Its tenant and market base is broadly diversified: its top five markets, led by Chattanooga, Tennessee at 6.7% of total revenues, together with its top 25 tenants at 34.15% of total revenues, show no single tenant exceeding 2.67% of revenue. The company conducts substantially all of its business through its Operating Partnership and must satis