EPS for CBL Properties (CBL) Expected At $0.58

January 13, 2018 - By Vivian Park

 EPS for CBL Properties (CBL) Expected At $0.58
Investors sentiment decreased to 1.28 in 2017 Q3. Its down 0.52, from 1.8 in 2017Q2. It dived, 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.
Employees Retirement Of Ohio holds 220,023 shares or 0.01% of its portfolio. Blackrock holds 0.01% or 25.09M shares. Utah Retirement Systems has invested 0.01% of its portfolio in CBL Properties (NYSE:CBL). Kennedy Management holds 0.12% or 786,836 shares. Benjamin F Edwards And Com has 0% invested in CBL Properties (NYSE:CBL) for 4,191 shares. Orinda Asset Ltd Liability Company reported 4.25% in CBL Properties (NYSE:CBL). Goldman Sachs Gru has invested 0.01% of its portfolio in CBL Properties (NYSE:CBL). X Management Co, New York-based fund reported 914,199 shares. Mufg Americas Holdg Corporation has invested 0% in CBL Properties (NYSE:CBL). Moreover, Nationwide Fund has 0.02% invested in CBL Properties (NYSE:CBL) for 469,209 shares. 2.78 million are held by Schwab Charles Investment Mgmt. Schroder Inv Mgmt Gp Incorporated owns 32,207 shares. New York State Common Retirement Fund holds 0% or 174,300 shares in its portfolio. Systematic Financial Lp invested in 183,415 shares. Moreover, Adams Asset Advsr Ltd Liability has 1.63% invested in CBL Properties (NYSE:CBL) for 1.43M 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 2.45 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 decreased 0.70% or $0.04 during the last trading session, reaching $5.69. About 1.83M shares traded. CBL Properties (NYSE:CBL) has declined 23.94% since January 13, 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 40 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Sunday, August 20 by Jefferies. The stock of CBL Properties (NYSE:CBL) earned “Sell” rating by Bank of America on Friday, November 3. On Friday, July 15 the stock rating was upgraded by KeyBanc Capital Markets to “Overweigt”. As per Thursday, December 21, the company rating was downgraded by Jefferies. The rating was maintained by Jefferies on Tuesday, May 23 with “Buy”. Goldman Sachs downgraded CBL Properties (NYSE:CBL) on Wednesday, January 6 to “Neutral” rating. The company was downgraded on Friday, November 3 by Wells Fargo. The firm earned “Neutral” rating on Thursday, June 2 by Goldman Sachs. The rating was upgraded by Jefferies on Monday, August 29 to “Buy”. Jefferies maintained the shares of CBL in report on Monday, October 30 with “Buy” rating.

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 $1.13 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 8.97 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: Seekingalpha.com which released: “CBL & Associates Properties’ Class D Preferred Shares Dip As Relative Safety …” on November 21, 2017, also Seekingalpha.com with their article: “Why I Am Swapping My Whitestone REIT For CBL & Associates Properties” published on December 10, 2017, Seekingalpha.com published: “CBL (Re)Issues Bonds – My Thoughts” on September 01, 2017. More interesting news about CBL Properties (NYSE:CBL) were released by: Seekingalpha.com and their article: “Don’t Buy CBL” published on May 31, 2017 as well as Seekingalpha.com‘s news article titled: “CBL – The Lipstick Fades” with publication date: November 03, 2017.

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