CBL & Associates Properties Inc (CBL) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 10, 2020
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CBL & Associates Properties Inc (CBL, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. CBL & Associates Properties Inc is a real estate investment trust. It owns, develops, acquires, leases, manages, and operates regional shopping malls, open-air and mixed-use centers, community centers and office properties and outlet centers. CBL & Associates Properties Inc has a market cap of $75.540 million; its shares were traded at around $0.44 with and P/S ratio of 0.09. The dividend yield of CBL & Associates Properties Inc stocks is 17.23%. GuruFocus has detected 4 severe warning signs with CBL & Associates Properties Inc. .

For the last quarter CBL & Associates Properties Inc reported a revenue of $189.5 million, compared with the revenue of $216.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $768.2 million, a decrease of 10.5% from the previous year. For the complete 30-year financial data, please go here.. For the last five years CBL & Associates Properties Inc had an average revenue decline of 6.5% a year.

The reported loss per diluted share was 74 cents for the year. The CBL & Associates Properties Inc had a decent operating margin of 28.05%, compared with the operating margin of 30.08% a year before. The 10-year historical median operating margin of CBL & Associates Properties Inc is 36.70%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, CBL & Associates Properties Inc has the cash and cash equivalents of $32.8 million, compared with $25.1 million in the previous year. The long term debt was $3.5 billion, compared with $4 billion in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. CBL & Associates Properties Inc has a financial strength rank of 2 (out of 10).

At the current stock price of $0.44, CBL & Associates Properties Inc is traded at 95.3% discount to its historical median P/S valuation band of $9.27. The P/S ratio of the stock is 0.09, while the historical median P/S ratio is 1.91. The stock lost 74.57% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Michael L Ashner bought 2,750,000 shares of CBL stock on 02/26/2020 at the average price of $0.52.

For the complete 20-year historical financial data of CBL, click here.