C.B.L. & Associates Properties (CBL)
Runs malls and open-air retail centers in mid-tier US markets.
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Owns and operates malls, outlet centers, lifestyle centers and open-air retail centers, earning mainly from tenant leases and related property services. The portfolio is concentrated in US Southeast and Midwest markets, with redevelopment, tenant mix and retail traffic shaping results.
Owns and operates a retail-property portfolio built around regional malls, outlet centers, lifestyle centers and open-air centers. Rental revenue comes mainly from retail tenant leases, supported by management, leasing, development, advertising and sponsorship income.
Concentrated in the United States, especially Southeast and Midwest mid-tier markets, the portfolio combines enclosed malls with non-enclosed retail formats. Operating work centers on leasing, tenant-mix changes, redevelopment of former anchor spaces and selective acquisitions or asset sales.
After bankruptcy reorganization, the current security represents a rebuilt public REIT whose business depends on tenant demand, store closures, online shopping shifts, financing access and regional retail competition.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $302.4M · Total debt $2.03B · Total assets $2.64B · Shareholders' equity $427.4M
- Revenue
- $146.5M
- Operating income
- $81.0M
- Net income
- $45.5M
HistoryDividendAnnual yield
| Institutions | ≈ 79.55% | 24.61M shares | |
|---|---|---|---|
| 232 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 16.95% | 5.24M shares | |
| 18 holders · as of Sep 17, 2026 | |||
| Strategic holders | 9.64% | 2.98M shares | |
| 1 holder · as of Dec 9, 2024 | |||
| Adds to | 106.14% | ||
30.94M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 106.14%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Canyon Capital Advisors LLCInstitution | 23.97% | 7.42M | as of Jun 30, 2026 |
OCM Xb CBL-E Holdings, LLC1Strategic10 percent owner | 9.64% | 2.98M | filed Dec 9, 2024 |
Amster HowardInsider | 7.78% | 2.41M | filed Aug 28, 2026 |
BlackRock, Inc.Institution | 6.63% | 2.05M | as of Jun 30, 2026 |
Ofm Ii, L.p.Insider | 4.21% | 1.30M | filed Feb 8, 2022 |
- Reported at 2.65% on May 14, 2026, under the 5% line, so no further filing is required.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 16, 2026 | Stephen D. Lebovitz | director, officer: CEO | −50,000 | $52.83 |
| Sep 3, 2026 | Jeffery V. Curry | officer: Chief Legal Officer & Sec. | −681 | $55.10 |
| Aug 18, 2026 | Kathryn A. Reinsmidt | officer: EVP - Chief Operating Officer | −17,515 | $57.10 |
| Jun 18, 2026 | Howard B. Grody | officer: Exec VP-Leasing | −5,728 | $48.03 |
| Jun 5, 2026 | David Michael Fields | director | −3,592 | $47.97 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| C.B.L. & Associates Properties | $53.90 | +0.73% | $1.66B | 7.8 | — | 2.8 | +0.8% |
| Simon Property Group | $205.10 | +0.06% | $66.47B | 14.5 | 30.3 | 9.6 | +10.8% |
| Macerich | $22.82 | +1.06% | $6.72B | — | 1,496.7 | 6.7 | −0.0% |
| Tanger | $35.56 | −0.28% | $4.10B | 32.4 | 31.7 | 6.7 | +11.1% |
| Kimco Realty | $22.56 | +0.07% | $15.19B | 25.3 | 26.4 | 6.9 | +4.9% |
| Brixmor Property Group | $27.92 | −0.61% | $8.62B | 20.1 | 27.9 | 6.1 | +4.3% |
| Kite Realty Group | $25.15 | −0.20% | $5.05B | 15.6 | 75.9 | 6.2 | −8.5% |
| Federal Realty | $110.82 | +0.17% | $9.56B | 22.0 | 35.1 | 7.2 | +7.7% |
| Urban Edge Properties | $20.08 | +0.40% | $2.52B | 37.4 | 45.2 | 5.1 | +7.7% |
| Median | 22.0 | 33.4 | 6.7 | +6.3% |