# CBL & Associates Properties Inc. (CBL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $54.98, market value $1.7 billion.

## Valuation
- **P/E (trailing): 7.9×** (5-yr avg 47.4×, 3-yr avg 47.4×). CBL & Associates Properties Inc. trades at 7.9× trailing earnings, well below its own five-year average of 47.4×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×.
- **Price / sales: 10.7×**. Each dollar of revenue is priced at 10.7×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 4.0×**. The shares trade at 4.0× book value; book value is a meaningful part of the valuation.
- **Earnings yield: 12.6%**. The inverse of the P/E: 12.6% of the price is earned each year.

## Profitability
- **Return on equity: 36.3%**. 36.3% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 8.0%**. Each dollar of assets produces 8.0% of profit.

## Growth
- **Revenue growth (1 yr): -12.5%** (3-yr -3.1%/yr, 5-yr -8.4%/yr). Revenue fell 12.5% over the last year, against -8.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 132.1%**. Earnings per share rose 132.1%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 5.80**. Debt is 5.80 times equity, a leveraged balance sheet, which is normal for real estate.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.55%** ($1.80 per share, trailing). CBL & Associates Properties Inc. yields 4.55%, an income-level yield.
- **Payout ratio: 57%**. 57% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.

## Analyst view
- **Analyst consensus: strong_buy** (2 analysts). 2 analysts cover CBL & Associates Properties Inc.; the consensus is strong_buy, with an average price target of $63.00 (+15% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 84.5%** (YTD 52.9%, 3-mo 15.0%). The shares are up 84.5% over twelve months including dividends.
- **From 52-week high: -9.0%** (96.1% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 0.29** (volatility 28%). Beta of 0.29 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CBL · Page: https://foliofundamentals.com/stocks/cbl

Not investment advice.