Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry
vs
history
Cash-to-Debt 0.01
NYSE:CBL's Cash-to-Debt is ranked lower than
85% of the 646 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.06 vs. NYSE:CBL: 0.01 )
Ranked among companies with meaningful Cash-to-Debt only.
NYSE:CBL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0  Med: 0.01 Max: No Debt
Current: 0.01
Equity-to-Asset 0.20
NYSE:CBL's Equity-to-Asset is ranked lower than
92% of the 685 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.52 vs. NYSE:CBL: 0.20 )
Ranked among companies with meaningful Equity-to-Asset only.
NYSE:CBL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1  Med: 0.2 Max: 0.35
Current: 0.2
0.1
0.35
Interest Coverage 1.23
NYSE:CBL's Interest Coverage is ranked lower than
88% of the 656 Companies
in the Global REIT - Retail industry.

( Industry Median: 3.66 vs. NYSE:CBL: 1.23 )
Ranked among companies with meaningful Interest Coverage only.
NYSE:CBL' s Interest Coverage Range Over the Past 10 Years
Min: 0.96  Med: 1.38 Max: 1.56
Current: 1.23
0.96
1.56
Piotroski F-Score: 5
Altman Z-Score: 0.36
Beneish M-Score: -2.88
WACC vs ROIC
5.75%
3.68%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating Margin % 26.60
NYSE:CBL's Operating Margin % is ranked lower than
71% of the 689 Companies
in the Global REIT - Retail industry.

( Industry Median: 48.29 vs. NYSE:CBL: 26.60 )
Ranked among companies with meaningful Operating Margin % only.
NYSE:CBL' s Operating Margin % Range Over the Past 10 Years
Min: 24.67  Med: 33.6 Max: 40.86
Current: 26.6
24.67
40.86
Net Margin % 16.64
NYSE:CBL's Net Margin % is ranked lower than
72% of the 690 Companies
in the Global REIT - Retail industry.

( Industry Median: 38.46 vs. NYSE:CBL: 16.64 )
Ranked among companies with meaningful Net Margin % only.
NYSE:CBL' s Net Margin % Range Over the Past 10 Years
Min: -1.38  Med: 9.19 Max: 20.66
Current: 16.64
-1.38
20.66
ROE % 9.87
NYSE:CBL's ROE % is ranked higher than
68% of the 693 Companies
in the Global REIT - Retail industry.

( Industry Median: 6.68 vs. NYSE:CBL: 9.87 )
Ranked among companies with meaningful ROE % only.
NYSE:CBL' s ROE % Range Over the Past 10 Years
Min: -3.86  Med: 5.14 Max: 12.4
Current: 9.87
-3.86
12.4
ROA % 2.69
NYSE:CBL's ROA % is ranked lower than
59% of the 698 Companies
in the Global REIT - Retail industry.

( Industry Median: 3.19 vs. NYSE:CBL: 2.69 )
Ranked among companies with meaningful ROA % only.
NYSE:CBL' s ROA % Range Over the Past 10 Years
Min: -0.19  Med: 1.41 Max: 3.27
Current: 2.69
-0.19
3.27
ROC (Joel Greenblatt) % 7.30
NYSE:CBL's ROC (Joel Greenblatt) % is ranked lower than
58% of the 575 Companies
in the Global REIT - Retail industry.

( Industry Median: 12.00 vs. NYSE:CBL: 7.30 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
NYSE:CBL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.96  Med: 6.22 Max: 8.28
Current: 7.3
3.96
8.28
3-Year Revenue Growth Rate -1.60
NYSE:CBL's 3-Year Revenue Growth Rate is ranked lower than
69% of the 497 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.60 vs. NYSE:CBL: -1.60 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
NYSE:CBL' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -26.2  Med: 7.3 Max: 85.8
Current: -1.6
-26.2
85.8
3-Year EBITDA Growth Rate 2.70
NYSE:CBL's 3-Year EBITDA Growth Rate is ranked lower than
56% of the 458 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.70 vs. NYSE:CBL: 2.70 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
NYSE:CBL' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0.7 Max: 50.7
Current: 2.7
0
50.7
3-Year EPS without NRI Growth Rate 40.60
NYSE:CBL's 3-Year EPS without NRI Growth Rate is ranked higher than
85% of the 404 Companies
in the Global REIT - Retail industry.

( Industry Median: 5.00 vs. NYSE:CBL: 40.60 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
NYSE:CBL' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -63  Med: 11.2 Max: 75.7
Current: 40.6
-63
75.7
GuruFocus has detected 7 Warning Signs with CBL & Associates Properties Inc $NYSE:CBL.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» NYSE:CBL's 30-Y Financials

Financials (Next Earnings Date: 2017-08-03 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

CBL Guru Trades in Q4 2015

David Dreman Sold Out
Jim Simons 887,917 sh (-7.22%)
Paul Tudor Jones 92,743 sh (-9.17%)
Chris Davis 89,860 sh (-73.45%)
» More
Q1 2016

CBL Guru Trades in Q1 2016

Jim Simons 1,402,617 sh (+57.97%)
Chris Davis Sold Out
Paul Tudor Jones 13,034 sh (-85.95%)
» More
Q2 2016

CBL Guru Trades in Q2 2016

Paul Tudor Jones 17,451 sh (+33.89%)
Jim Simons 768,900 sh (-45.18%)
» More
Q3 2016

CBL Guru Trades in Q3 2016

Paul Tudor Jones Sold Out
Jim Simons Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with CBL

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of CBL & Associates Properties Inc

SymbolPriceYieldDescription
CBLPRE23.916.64Deposit Shs Repr 1/10th Cum Red Pfd Shs Series -E-
CBLPRD24.027.61PRF PERPETUAL USD 25 - Series D 7.37%

Business Description

Industry: REITs » REIT - Retail    NAICS: 531120    SIC: 6798
Compare:NYSE:KRG, NYSE:ADC, NYSE:WPG, NYSE:BFS, NYSE:AAT, NYSE:RPT, NYSE:GTY, NYSE:PEI, NAS:ROIC, NYSE:ALX, NYSE:UBA, NYSE:AKR, NYSE:WSR, NYSE:CDR, NYSE:SKT, NYSE:SRG, NAS:WHLR, AMEX:AIII, AMEX:HMG, NYSE:RPAI » details
Traded in other countries:CAZ.Germany,
Headquarter Location:USA
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 is a REIT that owns or operates nearly 85 regional malls, 35 mall-associated centers, 15 neighborhood shopping centers, and 20 office buildings as of the end of 2009. Its properties are located in approximately 25 states, mainly in the Southeast and Midwest. CBL also has minor property-related investments in Brazil and China.

Ratios

vs
industry
vs
history
PE Ratio 12.58
CBL's PE Ratio is ranked higher than
68% of the 609 Companies
in the Global REIT - Retail industry.

( Industry Median: 17.14 vs. CBL: 12.58 )
Ranked among companies with meaningful PE Ratio only.
CBL' s PE Ratio Range Over the Past 10 Years
Min: 6.92  Med: 34.33 Max: 152
Current: 12.58
6.92
152
Forward PE Ratio 15.36
CBL's Forward PE Ratio is ranked higher than
73% of the 213 Companies
in the Global REIT - Retail industry.

( Industry Median: 19.61 vs. CBL: 15.36 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 12.58
CBL's PE Ratio without NRI is ranked higher than
69% of the 605 Companies
in the Global REIT - Retail industry.

( Industry Median: 53.83 vs. CBL: 12.58 )
Ranked among companies with meaningful PE Ratio without NRI only.
CBL' s PE Ratio without NRI Range Over the Past 10 Years
Min: 8.48  Med: 38.07 Max: 228
Current: 12.58
8.48
228
Price-to-Owner-Earnings 9.54
CBL's Price-to-Owner-Earnings is ranked higher than
80% of the 286 Companies
in the Global REIT - Retail industry.

( Industry Median: 17.58 vs. CBL: 9.54 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
CBL' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 4  Med: 19.55 Max: 8155
Current: 9.54
4
8155
PB Ratio 1.28
CBL's PB Ratio is ranked lower than
57% of the 684 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.12 vs. CBL: 1.28 )
Ranked among companies with meaningful PB Ratio only.
CBL' s PB Ratio Range Over the Past 10 Years
Min: 0.18  Med: 1.97 Max: 3.18
Current: 1.28
0.18
3.18
PS Ratio 1.51
CBL's PS Ratio is ranked higher than
97% of the 653 Companies
in the Global REIT - Retail industry.

( Industry Median: 7.52 vs. CBL: 1.51 )
Ranked among companies with meaningful PS Ratio only.
CBL' s PS Ratio Range Over the Past 10 Years
Min: 0.12  Med: 2.26 Max: 4.22
Current: 1.51
0.12
4.22
Price-to-Free-Cash-Flow 10.70
CBL's Price-to-Free-Cash-Flow is ranked higher than
86% of the 327 Companies
in the Global REIT - Retail industry.

( Industry Median: 19.79 vs. CBL: 10.70 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
CBL' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 2.37  Med: 12.26 Max: 91.12
Current: 10.7
2.37
91.12
Price-to-Operating-Cash-Flow 3.12
CBL's Price-to-Operating-Cash-Flow is ranked higher than
98% of the 578 Companies
in the Global REIT - Retail industry.

( Industry Median: 15.35 vs. CBL: 3.12 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
CBL' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.32  Med: 5.27 Max: 9.32
Current: 3.12
0.32
9.32
EV-to-EBIT 15.05
CBL's EV-to-EBIT is ranked higher than
69% of the 633 Companies
in the Global REIT - Retail industry.

( Industry Median: 20.41 vs. CBL: 15.05 )
Ranked among companies with meaningful EV-to-EBIT only.
CBL' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.1  Med: 18.6 Max: 27.5
Current: 15.05
2.1
27.5
EV-to-EBITDA 8.81
CBL's EV-to-EBITDA is ranked higher than
90% of the 650 Companies
in the Global REIT - Retail industry.

( Industry Median: 17.07 vs. CBL: 8.81 )
Ranked among companies with meaningful EV-to-EBITDA only.
CBL' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.3  Med: 11 Max: 13.8
Current: 8.81
1.3
13.8
Shiller PE Ratio 19.25
CBL's Shiller PE Ratio is ranked higher than
68% of the 202 Companies
in the Global REIT - Retail industry.

( Industry Median: 24.74 vs. CBL: 19.25 )
Ranked among companies with meaningful Shiller PE Ratio only.
CBL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.49  Med: 19.54 Max: 34.22
Current: 19.25
1.49
34.22
Current Ratio 0.47
CBL's Current Ratio is ranked lower than
72% of the 649 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.93 vs. CBL: 0.47 )
Ranked among companies with meaningful Current Ratio only.
CBL' s Current Ratio Range Over the Past 10 Years
Min: 0.03  Med: 0.47 Max: 0.64
Current: 0.47
0.03
0.64
Quick Ratio 0.47
CBL's Quick Ratio is ranked lower than
69% of the 649 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.85 vs. CBL: 0.47 )
Ranked among companies with meaningful Quick Ratio only.
CBL' s Quick Ratio Range Over the Past 10 Years
Min: 0.03  Med: 0.47 Max: 0.64
Current: 0.47
0.03
0.64
Days Sales Outstanding 32.92
CBL's Days Sales Outstanding is ranked lower than
64% of the 498 Companies
in the Global REIT - Retail industry.

( Industry Median: 18.36 vs. CBL: 32.92 )
Ranked among companies with meaningful Days Sales Outstanding only.
CBL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.86  Med: 28.16 Max: 33.61
Current: 32.92
23.86
33.61

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 11.86
CBL's Dividend Yield % is ranked higher than
98% of the 996 Companies
in the Global REIT - Retail industry.

( Industry Median: 5.07 vs. CBL: 11.86 )
Ranked among companies with meaningful Dividend Yield % only.
CBL' s Dividend Yield % Range Over the Past 10 Years
Min: 2.61  Med: 5.44 Max: 88.41
Current: 11.86
2.61
88.41
Dividend Payout Ratio 1.49
CBL's Dividend Payout Ratio is ranked higher than
85% of the 735 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.85 vs. CBL: 1.49 )
Ranked among companies with meaningful Dividend Payout Ratio only.
CBL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.98  Med: 2 Max: 20.05
Current: 1.49
0.98
20.05
3-Year Dividend Growth Rate 4.30
CBL's 3-Year Dividend Growth Rate is ranked higher than
52% of the 391 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.20 vs. CBL: 4.30 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
CBL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -32.4  Med: 6 Max: 90.8
Current: 4.3
-32.4
90.8
Forward Dividend Yield % 12.02
CBL's Forward Dividend Yield % is ranked higher than
97% of the 996 Companies
in the Global REIT - Retail industry.

( Industry Median: 5.12 vs. CBL: 12.02 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 15.28
CBL's 5-Year Yield-on-Cost % is ranked higher than
96% of the 996 Companies
in the Global REIT - Retail industry.

( Industry Median: 5.82 vs. CBL: 15.28 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
CBL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.36  Med: 7.01 Max: 113.91
Current: 15.28
3.36
113.91
3-Year Average Share Buyback Ratio -0.10
CBL's 3-Year Average Share Buyback Ratio is ranked higher than
88% of the 424 Companies
in the Global REIT - Retail industry.

( Industry Median: -5.30 vs. CBL: -0.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
CBL' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -30.8  Med: -5.4 Max: -0.1
Current: -0.1
-30.8
-0.1

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.51
CBL's Price-to-Tangible-Book is ranked lower than
66% of the 676 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.14 vs. CBL: 1.51 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
CBL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33  Med: 1.85 Max: 3.57
Current: 1.51
0.33
3.57
Price-to-Intrinsic-Value-Projected-FCF 0.63
CBL's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
88% of the 264 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.15 vs. CBL: 0.63 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
CBL' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.6  Med: 1.22 Max: 25.19
Current: 0.63
0.6
25.19
Price-to-Median-PS-Value 0.67
CBL's Price-to-Median-PS-Value is ranked higher than
94% of the 553 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.07 vs. CBL: 0.67 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
CBL' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.06  Med: 1.1 Max: 9.38
Current: 0.67
0.06
9.38
Price-to-Graham-Number 0.92
CBL's Price-to-Graham-Number is ranked higher than
54% of the 541 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.92 vs. CBL: 0.92 )
Ranked among companies with meaningful Price-to-Graham-Number only.
CBL' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.76  Med: 1.24 Max: 3.48
Current: 0.92
0.76
3.48
Earnings Yield (Greenblatt) % 6.65
CBL's Earnings Yield (Greenblatt) % is ranked higher than
72% of the 705 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.49 vs. CBL: 6.65 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
CBL' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 3.6  Med: 5.4 Max: 46.6
Current: 6.65
3.6
46.6
Forward Rate of Return (Yacktman) % 6.90
CBL's Forward Rate of Return (Yacktman) % is ranked higher than
63% of the 387 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.27 vs. CBL: 6.90 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
CBL' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -105.3  Med: -3.8 Max: 10.1
Current: 6.9
-105.3
10.1

More Statistics

Revenue (TTM) (Mil) $1,003.19
EPS (TTM) $ 0.71
Beta1.12
Short Percentage of Float31.08%
52-Week Range $7.15 - 14.30
Shares Outstanding (Mil)171.10

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 786 785 785
EPS ($) 0.57 0.56 0.50
EPS without NRI ($) 0.57 0.56 0.50
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($) 1.06 1.06 1.06
» More Articles for CBL

Headlines

Articles On GuruFocus.com
CBL & Associates Properties Sets Second Quarter Earnings Release And Conference Call Dates Jun 01 2017 
Strong Buy on CBL & Associates Properties Feb 16 2017 
HP, Microsoft Have High Dividend Yields in Davis' Portfolio Dec 11 2015 
Weekly Three-Year Low Highlights: XOM, SO, HCP, KT, CBL Jun 30 2015 
Sector Watch: Gurus Active on REITs at 52-Week Low Dec 26 2013 
Mid Cap Real Estate USA Stocks – Second Quarter REIT Trades Aug 11 2013 
The Best Stocks With Dividend Growth From Last Week (February 27 - March 04, 2012) Mar 04 2012 
5 Soaring Real Estate Stocks to Acquire Now Feb 29 2012 
5 Dividend Stocks with Sustainable Long-Term Yields Jan 24 2012 
10 Dividend Stocks Raising Their Payouts And Yields Mar 07 2011 

More From Other Websites
Moody's: US retail REITs underpinned by solid credit profiles, weakness concentrated in pockets Jul 25 2017
ETFs with exposure to CBL & Associates Properties, Inc. : July 24, 2017 Jul 24 2017
The Time to Buy Realty Income Corp (O) Stock Is Now Jul 24 2017
CBL & Associates Properties, Inc. breached its 50 day moving average in a Bearish Manner : CBL-US :... Jul 07 2017
CBL & Associates Properties, Inc. breached its 50 day moving average in a Bullish Manner : CBL-US :... Jun 27 2017
Don't count out Milwaukee-area shopping malls just yet, retail execs say Jun 23 2017
[$$] Contrarian Investors Dive Into Mall REITs Jun 21 2017
CBL & Associates Properties Declares Common Stock Dividend and Preferred Stock Dividend Jun 02 2017
CBL & Associates Limited Partnership -- Moody's affirms CBL's Baa3 rating; outlook revised to... Jun 01 2017
CBL & Associates Properties Sets Second Quarter Earnings Release And Conference Call Dates Jun 01 2017
CBL & Associates Properties to Present at the NAREIT Investor Forum May 31 2017
Will border mall hit a wall? May 26 2017
$120M outlet mall to open along US-Mexico border May 26 2017
Ikea could spark mixed-use development in Cary May 22 2017
CBL & Associates Properties, Inc. Plans Mixed-Use Redevelopment at Cary Towne Center in Cary, NC May 22 2017
Ikea confirms plans for 2020 store opening at Cary Towne Center May 18 2017
Edited Transcript of CBL earnings conference call or presentation 4-May-17 3:00pm GMT May 15 2017
Edited Transcript of CBL earnings conference call or presentation 2-Feb-17 4:00pm GMT May 15 2017
CBL & Associates Properties Completes the Sale of Two Malls for $53.5 Million May 11 2017

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}