CBL & Associates Properties (CBL) Set to Announce Earnings on Tuesday
CBL & Associates Properties (NYSE:CBL) will be posting its Q413 quarterly earnings results on Tuesday, November 5th. Analysts expect CBL & Associates Properties to post earnings of $0.54 per share and revenue of $263.35 million for the quarter.
CBL & Associates Properties (NYSE:CBL) traded down 0.51% on Monday, hitting $19.69. 814,981 shares of the company’s stock traded hands. CBL & Associates Properties has a 52 week low of $18.68 and a 52 week high of $26.95. The stock’s 50-day moving average is $19.64 and its 200-day moving average is $21.. The company has a market cap of $3.345 billion and a price-to-earnings ratio of 46.13.
Several analysts have recently commented on the stock. Analysts at Cowen and Company cut their price target on shares of CBL & Associates Properties from $28.00 to $25.00 in a research note to investors on Thursday, September 12th. They now have a “market perform” rating on the stock. On the ratings front, analysts at Janney Montgomery Scott initiated coverage on shares of CBL & Associates Properties in a research note to investors on Tuesday, September 10th. They set a “neutral” rating on the stock. Finally, analysts at RBC Capital downgraded shares of CBL & Associates Properties from an “outperform” rating to a “sector perform” rating in a research note to investors on Tuesday, August 6th. They now have a $23.00 price target on the stock, down previously from $29.00. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. CBL & Associates Properties currently has an average rating of “Hold” and an average price target of $24.75.
CBL & Associates Properties, Inc (NYSE:CBL), is a self-managed, self-administered, fully integrated real estate investment trust (REIT).
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