Added to YB: 2025-09-01
Pitch date: 2025-08-29
CBL [bullish]
CBL & Associates Properties, Inc.
+56.3%
current return
Author Info
Cluseau Research seeks to exploit these two edges by identifying special situations that provide a compelling risk-to-reward that are “off limits” to traditional Institutional Investors. Sign up for the newsletter.
Company Info
CBL & Associates Properties, Inc. owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities.
Market Cap
$1.5B
Pitch Price
$30.19
Price Target
N/A
Dividend
5.29%
EV/EBITDA
8.92
P/E
8.52
EV/Sales
5.85
Sector
Retail REITs
Category
value
CBL & Associates Properties (CBL)
CBL: Mid-tier mall REIT w/ ~$950M floating rate debt. 75bps cuts = $7.1M (+10.7%) discretionary cash flow boost, fueling $25M buyback & 5.7% div. $50M recourse debt of $2.9B total = asset flexibility vs peers. Trades 4.5x fwd P/FFO despite deleveraging/optimization. Rate cut play at peer discount.
Read full article (1 min)