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CBLCBL & Associates Properties, InSell5.6·$52.63-4.79%
SellModerate Confidence
Investment thesis

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 ValuationStable
  • High Leverage Balance Sheet RiskStable
  • Strong Reit Quality MetricsStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

CBL & Associates Properties, In (CBL) Stock Analysis

Breakout setup · Inst Constrain edge

SellVALUE-TRAP 2/5Moderate Confidence

Real Estate · REIT - Retail

Sell if holding. Analyst target reached at $52.63 — A.R:R is negative (-0.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 5.4): -1.5.

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

$52.63+3.9% A.UpsideScore 5.6/10#6 of 24 REIT - Retail
QualityF-score7 / 9FCF yield11.98%
IncomeYield4.75%Payout31.53%
Stop $49.33Target $54.66(resistance)A.R:R -0.3:1
Analyst target$60.00+14.0%2 analysts
Range unavailable (2 analysts)

Sell if holding. Analyst target reached at $52.63 — A.R:R is negative (-0.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 5.4): -1.5. Chart setup: Golden cross, above all MAs, RSI 62, MACD bullish. Score 5.6/10, moderate confidence.

Passes 6/8 gates (positive momentum, no SEC red flags, news events none recent, earnings proximity 32d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and clean insider activity. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Aug 5, 202632d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
High-quality business
Attractive valuation
Risks
Analyst target reached - limited upside remaining
Leverage penalty (D/E 5.4): -1.5
Weak growth

Key Metrics

P/E (TTM)9.5
P/E (Fwd)-134.9
Mkt Cap$1.6B
EV/EBITDA11.0
Profit Mgn29.8%
ROE51.4%
Rev Growth3.0%
Beta1.44
Dividend4.75%
Rating analysts6

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C0.41bullish
IV127%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMGeographicsoutheastern and midwestern United States
    10-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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Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Revenue Growth
3.2
Low model confidence on this dimension (33%).
GatesA.R:R -0.2=NEGATIVEINSIDER 3.06%=EXTREMEMomentum 6.1>=5.5No SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 32d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
62 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $46.21Resistance $55.78

Price Targets

$49
$55
A.Upside+3.9%
A.R:R-0.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-3.1% upside)
! Negative risk/reward — downside exceeds upside
! Insider activity: 3.06%=extreme

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-05 (32d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CBL stock a buy right now?

Sell if holding. Analyst target reached at $52.63 — A.R:R is negative (-0.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 5.4): -1.5. Chart setup: Golden cross, above all MAs, RSI 62, MACD bullish. Prior stop was $49.33. Score 5.6/10, moderate confidence.

What is the CBL stock price target?

Take-profit target: $54.66 (+3.9% upside). Prior stop was $49.33. Stop-loss: $49.33.

What are the risks of investing in CBL?

Analyst target reached - limited upside remaining; Leverage penalty (D/E 5.4): -1.5; Weak growth.

Is CBL overvalued or undervalued?

CBL & Associates Properties, In trades at a P/E of 9.5 (forward -134.9). TrendMatrix value score: 7.7/10. Verdict: Sell.

What do analysts say about CBL?

6 analysts cover CBL with a consensus score of 4.2/5. Average price target: $60.

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

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