CBL & Associates Properties, Inc. (NYSE:CBL) – Analysts at KeyCorp issued their Q1 2018 EPS estimates for shares of CBL & Associates Properties in a research note issued on Thursday. KeyCorp analyst T. Thomas expects that the real estate investment trust will post earnings per share of $0.49 for the quarter. KeyCorp has a “Hold” rating on the stock.

A number of other equities analysts also recently issued reports on the company. Stifel Nicolaus reiterated a “hold” rating and set a $7.50 price target on shares of CBL & Associates Properties in a research report on Friday, November 3rd. Wells Fargo & Co downgraded CBL & Associates Properties from a “market perform” rating to an “underperform” rating in a research report on Friday, November 3rd. Zacks Investment Research downgraded CBL & Associates Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Boenning Scattergood downgraded CBL & Associates Properties from a “neutral” rating to an “under perform” rating in a research report on Friday, November 3rd. Finally, Morgan Stanley reiterated an “underweight” rating and set a $4.75 price target on shares of CBL & Associates Properties in a research report on Thursday, December 14th. Nine research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. The stock has a consensus rating of “Sell” and an average target price of $8.64.

CBL & Associates Properties (CBL) opened at $5.69 on Friday. The stock has a market capitalization of $973.57, a P/E ratio of 9.03, a price-to-earnings-growth ratio of 0.72 and a beta of 1.10. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 3.39. CBL & Associates Properties has a 1 year low of $5.31 and a 1 year high of $11.25.

Several institutional investors have recently made changes to their positions in CBL. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of CBL & Associates Properties by 8.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,908 shares of the real estate investment trust’s stock valued at $109,000 after acquiring an additional 1,027 shares during the last quarter. WFG Advisors LP acquired a new position in shares of CBL & Associates Properties during the second quarter valued at approximately $124,000. Virtu KCG Holdings LLC acquired a new position in shares of CBL & Associates Properties during the second quarter valued at approximately $140,000. Shelton Capital Management acquired a new position in shares of CBL & Associates Properties during the second quarter valued at approximately $143,000. Finally, Bridgewater Associates LP acquired a new position in shares of CBL & Associates Properties during the second quarter valued at approximately $150,000. 95.81% of the stock is owned by institutional investors and hedge funds.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be issued a dividend of $0.20 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 14.06%. CBL & Associates Properties’s payout ratio is currently 126.98%.

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About CBL & Associates Properties

CBL & Associates Properties, Inc is a self-managed, self-administered, integrated real estate investment trust. The Company owns, develops, acquires, leases, manages and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties.

Earnings History and Estimates for CBL & Associates Properties (NYSE:CBL)

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