|Bid||5.36 x 800|
|Ask||5.37 x 4000|
|Day's range||5.31 - 5.55|
|52-week range||3.80 - 9.67|
|PE ratio (TTM)||21.59|
|Earnings date||1 Aug 2018|
|Forward dividend & yield||0.80 (13.89%)|
|1y target est||4.18|
CBL Properties (CBL) today announced that The Cheesecake Factory® is coming to Hamilton Place in Chattanooga, Tennessee, as the first key component of the Sears redevelopment project. Construction on The Cheesecake Factory is underway with an anticipated grand opening in late 2018. “The Cheesecake Factory is one of the most successful and highly sought after restaurants in the country.
CBL Properties' (CBL) redevelopment efforts aimed at diversification of properties, as well as battling mall traffics blues, which have brought in bad news for retail REITs, for the past several quarters.
Investors need to pay close attention to CBL & Associates (CBL) stock based on the movements in the options market lately.
CBL Properties today announced the addition of new-to-market entertainment operator, Dave & Buster’s, at Hanes Mall in Winston-Salem, North Carolina. Construction is currently underway on the lower level near Sears with an anticipated grand opening in 2019.
CBL Properties (CBL) announced the appointment of Michael I. Lebovitz as President of the Company, effective immediately. “I am thrilled to recognize Michael’s many contributions as well as his increased role in implementing CBL’s strategy and future growth with this promotion,” said Stephen Lebovitz, Chief Executive Officer. “Michael has always had a true passion for the real estate business.
CBL Properties (CBL) today announced that it completed the extension of the $56.7 million ($28.4 million at CBL’s share) loan secured by The Pavilion at Port Orange in Port Orange, FL and the $58.2 million ($29.1 million at CBL’s share) loan secured by Hammock Landing in West Melbourne, FL. “We are pleased to continue our progress addressing upcoming maturities well in advance with the extension of these two loans at a favorable rate and a full term of five years,” said Farzana Khaleel, CBL’s EVP – Chief Financial Officer. The Pavilion at Port Orange and Hammock Landing are both owned in a 50/50 joint venture.
CBL Properties (CBL) today announced that its Board of Directors has declared a quarterly cash dividend for the Company’s Common Stock of $0.20 per share for the quarter ending June 30, 2018. The dividend is payable on July 16, 2018, to shareholders of record as of July 2, 2018. The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending June 30, 2018, for the Company’s 7.375% Series D Cumulative Redeemable Preferred Stock.
CBL Properties announced that it will provide an online audio simulcast of the presentation given by its President and Chief Executive Officer, Stephen D. Lebovitz, to the investment community at REITWeek 2018: NAREIT’s Investor Forum in New York City.
NEW YORK, May 21, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CBL ...
CBL Properties (CBL) redevelops Jefferson Mall by adding an entertainment section to boost the mall traffic amid choppy retail real investment environment.
CBL Properties (CBL) announced the first phase of redevelopment plans at Jefferson Mall in Louisville, Kentucky. The redevelopment will deliver a new-to-market entertainment venue, Round1 Bowling & Amusement. Construction on Round1 is currently underway in the former Macy’s building with an anticipated grand opening prior to holiday 2018.
CBL Properties today announced that it, along with its 50% joint venture partner, closed on a $155.0 million non-recourse loan secured by CoolSprings Galleria in Nashville, TN.
The Chattanooga, Tennessee-based real estate investment trust said it had funds from operations of $82.9 million, or 42 cents per share, in the period. The average estimate of eight analysts surveyed by ...
CBL Properties announced results for the first quarter ended March 31, 2018. A description of each supplemental non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is located at the end of this news release.
After a last-minute rescue plan went nowhere, Bon-Ton is preparing to liquidate itself, becoming the first department-store casualty of the recent retail apocalypse.
CBL Properties today announced the first phase of redevelopment plans for the former Sears building at Brookfield Square in Milwaukee, Wisconsin. The redevelopment will deliver new dining and entertainment options, including new-to-market entertainment concept, WhirlyBall, and BistroPlexSM from Marcus Theatres®, which combines dining and moviegoing in every auditorium.