|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||5.24 - 5.38|
|52 Week Range||3.80 - 9.67|
|PE Ratio (TTM)||21.24|
|Earnings Date||Aug 1, 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.
The popularity of real estate investment trusts (REITs) hinges heavily on dividends. Equity (meaning non-mortgage) REITs pay on average of 4.1% in dividends, vs. 1.8% for the S&P 500. Tax rules tend to boost dividend payments for these real estate stocks. If REITs agree to pay out at least 90% of their income in dividends, certain types of income receive an exemption from federal income tax. While such a rule can lead to constant fluctuation in payout amounts, investors often willingly accept this condition in exchange for the higher dividend.
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.
On Thursday, June 21, 2018, US markets saw broad-based losses with eight out of nine sectors finishing the trading sessions in red. All you have to do is sign up today for this free limited time offer by clicking the link below.
Real estate stocks have definitely gotten volatile lately. There are some particularly risky real estate stocks to take a second look at.
West County Center, located in Des Peres, will expand two of its retailers and add several others, all opening this summer or fall. In addition to the new retail stores, West County Center also said Copia Wine Bar will open this fall in the space previously occupied by The Elephant Bar. The 7,600-square-foot space will mimic the flagship’s downtown St. Louis location, according to owner Amer Hawatmeh.
CHATTANOOGA, Tenn. , June 5, 2018 /PRNewswire/ -- CBL Properties (NYSE: CBL) announced details for the release of its results for the second quarter ending June 30, 2018 . CBL plans to issue its earnings ...
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.
It's been about a year to-the-day since Swedish furniture giant Ikea announced plans to open a store at Cary Towne Center. Now, the town says the retailer is no longer coming.
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.
The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. Currently, CBL &Read More...