cbl is one of the largest and most active owners and developers of malls and shopping centers in the united states. cbl owns, holds interests in or manages 148 properties, including 89 regional malls/open-air centers. the properties are located in 30 states and total 84.2 million square feet including 6.5 million square feet of non-owned shopping centers managed for third parties. headquartered in chattanooga, tn, cbl has regional offices in boston (waltham), ma, dallas (irving), tx, and st. louis, mo. additional information can be found at cblproperties.com.
Company profile
Ticker
CBL
Exchange
Website
CEO
Stephen Lebovitz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1105 Anchor Limited Partnership • 2030 Insurance, LLC • Acadiana Anchor M, LLC • Acadiana Expansion Parcel, LLC • Acadiana Mall CMBS, LLC • Acadiana Mall of Delaware, LLC • Acadiana Outparcel, LLC • ACW-North Carolina, LLC • Akron Mall Land, LLC • Alamance Crossing CMBS, LLC ...
IRS number
621545718
CBL stock data
Latest filings (excl ownership)
8-K
Earnings Release and Supplemental Financial and Operating Information
10 May 24
10-Q
2024 Q1
Quarterly report
10 May 24
DEF 14A
Definitive proxy
22 Apr 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Departure of Directors or Certain Officers
13 Feb 24
8-K
Earnings Release and Supplemental Financial and Operating Information
12 Feb 24
8-K
Departure of Directors or Certain Officers
13 Nov 23
8-K
Earnings Release and Supplemental Financial and Operating Information
9 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K/A
Submission of Matters to a Vote of Security Holders
14 Aug 23
Latest ownership filings
4
Change in insider ownership
26 Apr 24
4
STEPHEN D LEBOVITZ
25 Mar 24
4
STEPHEN D LEBOVITZ
15 Mar 24
4
STEPHEN D LEBOVITZ
13 Mar 24
4
Benjamin W Jaenicke
11 Mar 24
4
STEPHEN D LEBOVITZ
11 Mar 24
4
STEPHEN D LEBOVITZ
4 Mar 24
144
Notice of proposed sale of securities
29 Feb 24
4
STEPHEN D LEBOVITZ
29 Feb 24
144
Notice of proposed sale of securities
26 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 119.68 mm | 119.68 mm | 119.68 mm | 119.68 mm | 119.68 mm | 119.68 mm |
Cash burn (monthly) | (no burn) | 4.09 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 30.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 89.61 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 21.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
54.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 18 |
Opened positions | 1 |
Closed positions | 85 |
Increased positions | 3 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 1.64 bn |
Total shares | 17.48 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Exeter Capital Investors | 12.38 mm | $1.61 mm |
OAK-PA Oaktree Capital | 3.98 mm | $129.60 mm |
Cetus Capital VI | 1.03 mm | $0.00 |
Asset Management One | 37.38 k | $925.03 mm |
Mirae Asset Global Investments | 12.69 k | $309.92 mm |
State of Alaska, Department of Revenue | 12.65 k | $308.00 k |
Nisa Investment Advisors | 11.07 k | $270.23 mm |
SG Americas Securities | 8.83 k | $216.00 k |
New York State Teachers Retirement System | 2.37 k | $58.00 k |
Whittier Trust Co Of Nevada | 110.00 | $2.69 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Apr 24 | Oaktree Capital Group Holdings GP | Common Stock | Sell | Dispose S | Yes | No | 21.75 | 7,131 | 155.10 k | 0 |
22 Mar 24 | Lebovitz Stephen D | Common Stock | Sell | Dispose S | No | No | 22.2773 | 2,724 | 60.68 k | 352,101 |
21 Mar 24 | Lebovitz Stephen D | Common Stock | Sell | Dispose S | No | No | 22.6214 | 7,413 | 167.69 k | 354,825 |
13 Mar 24 | Lebovitz Stephen D | Common Stock | Sell | Dispose S | No | No | 22.6692 | 27,000 | 612.07 k | 362,238 |
12 Mar 24 | Lebovitz Stephen D | Common Stock | Sell | Dispose S | No | No | 22.7655 | 4,351 | 99.05 k | 389,238 |
11 Mar 24 | Lebovitz Stephen D | Common Stock | Sell | Dispose S | No | No | 23.0086 | 10,107 | 232.55 k | 393,589 |
8 Mar 24 | Lebovitz Stephen D | Common Stock | Sell | Dispose S | No | No | 23.3035 | 15,000 | 349.55 k | 403,696 |
7 Mar 24 | Lebovitz Stephen D | Common Stock | Sell | Dispose S | No | No | 23.4583 | 893 | 20.95 k | 418,696 |
Press releases
CBL Properties Reports Strong Results for First Quarter 2024
10 May 24
CBL Properties Declares Second Quarter Common Stock Dividend
8 May 24
CBL Properties and MINISO Partner to Expand Its U.S. Presence to Thirteen CBL Malls
21 Mar 24
CBL Properties Partners With Adeptmind to Launch "Inventory Insider"
14 Feb 24
CBL Properties Reports Results for Fourth Quarter and Full-Year 2023
12 Feb 24