CBL CBL & Associates Properties, Inc. Common Stock

NYSE · Real Estate · View on SEC EDGAR ↗
$57.08
Price · Aug 19, 2026
Fundamentals as of Aug 7, 2026

About CBL & Associates Properties, Inc. Common Stock Company overview from Wikipedia

CBL & Associates Properties, Inc. is an American real estate investment trust that invests in shopping centers and shopping malls, primarily in the Southeastern and Midwestern United States. The company is organized in Delaware with its headquarters in Chattanooga, Tennessee. Its largest market is Chattanooga, Tennessee. The company's name is based on the initials of its founder, Charles B. Lebovitz.

Read more

CBL & Associates Properties, Inc. (previously CBL & Associates, Inc.) is an American real estate investment trust that invests in shopping centers and shopping malls, primarily in the Southeastern and Midwestern United States. The company is organized in Delaware with its headquarters in Chattanooga, Tennessee. Its largest market is Chattanooga, Tennessee (6.8% of 2024 revenues). The company's name is based on the initials of its founder, Charles B. Lebovitz.

## History

In 1961, Moses Lebovitz, his son, Charles B. Lebovitz, and Jay Solomon founded Independent Enterprises. In 1970, the company merged with Arlen Realty & Development Corporation, which owned shopping centers on the East Coast of the United States. In 1978, Charles B. Lebovitz and five associates formed CBL & Associates, Inc.

In March 1979, the company built its first mall, the Plaza del Sol Mall in Del Rio, Texas. In 1987, the company built Hamilton Place in Chattanooga, its flagship mall. In 1993, CBL & Associates Properties, Inc. was formed as a REIT and acquired all of the assets of CBL & Associates, Inc. The company became a public company via an initial public offering.

In 1998, the company acquired five properties near Nashville, Tennessee for $247.4 million in cash and securities. In 2001, the company acquired a 23-property portfolio from Richard E. Jacobs for $1.3 billion. In March 2005, the company opened Imperial Valley Mall in El Centro, California, its first mall on the West Coast of the United States. In October 2005, the company acquired Oak Park Mall, Hickory Point Mall, and Eastland Mall for $516.9 million.

In 2007, the company acquired four malls in the St. Louis area from Westfield Group, for $1.03 billion. In January 2017, the company acquired five properties from Sears for $72.5 million in a leaseback transaction. In October 2017, the company rebranded itself as CBL Properties from "CBL & Associates Properties". In March 2019, the company settled a lawsuit that it overcharged tenants for electricity by setting aside a $90 million fund to be distributed to the plaintiffs. On November 1, 2020, CBL filed for Chapter 11 bankruptcy. It emerged from bankruptcy protection in November 2021.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

CBL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$57.08
Market Cap
$1.73B
P/E (TTM)
13.2
EPS (TTM)
$4.34
Revenue (TTM)
$578M
Div Yield
4.5%
ROE
38.9%
Debt/Equity
0.0
52W Range
$28 – $60

CBL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $578M
9-point trend, -37.6%
2017-12-31 2025-12-31
EPS $4.34
7-point trend, +886.4%
2017-12-31 2025-12-31
Free Cash Flow
Margins 23.5%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
CBL
Peer Median
P/E (TTM)
4-point trend, +218.2%
13.2
22.9
P/S (TTM)
4-point trend, +64.6%
3.0
7.3
P/B
4-point trend, +82.9%
4.6
1.7
EV / EBITDA
2-point trend, +121.2%
10.2

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
CBL
Peer Median
Net Profit Margin
5-point trend, +356.9%
23.5%
26.0%
ROA
5-point trend, +450.0%
5.0%
3.6%
ROE
4-point trend, +188.3%
38.9%
10.3%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
CBL
Peer Median
Debt / Equity
2-point trend, -96.8%
0.0

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
CBL
Peer Median
Revenue YoY
5-point trend, +23.6%
12.2%
Revenue CAGR 3Y
5-point trend, +23.6%
0.90%
Revenue CAGR 5Y
5-point trend, +23.6%
0.09%
EPS YoY
5-point trend, +281.6%
132.1%
Net Income YoY
5-point trend, +128.9%
130.6%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
CBL
Peer Median
EPS (Diluted)
5-point trend, +281.6%
$4.34

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
CBL
Peer Median
Payout Ratio
3-point trend, +322.0%
56.7%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
4.5%
Payout Ratio
56.7%
5Y Div CAGR
Ex-dateAmount
June 12, 2026$0.6250
April 10, 2026$0.1750
March 17, 2026$0.4500
Nov. 25, 2025$0.4500
Sept. 15, 2025$0.4500
June 13, 2025$0.4000
March 13, 2025$1.2000
Nov. 25, 2024$0.4000
Sept. 13, 2024$0.4000
June 13, 2024$0.4000
March 14, 2024$0.4000
Dec. 11, 2023$0.3750
Sept. 14, 2023$0.3750
June 13, 2023$0.3750
March 14, 2023$0.3750
Dec. 9, 2022$2.2000
Nov. 30, 2022$0.2500
Sept. 14, 2022$0.2500
July 8, 2022$0.2500

CBL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 6 analysts
  • Strong Buy 2 33.3%
  • Buy 3 50.0%
  • Hold 1 16.7%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

2 analysts · 2026-08-17
Median target $63.00 +10.4%
Mean target $63.00 +10.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.86%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.89
Dec. 31, 2024 $1.22 $0.36 0.86%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
CBL $1.12B 8.5 12.2% 23.5% 38.9%
UE $2.42B 25.9 6.1% 19.8% 6.8%
IVT $2.19B 19.9 9.2% 37.2% 6.2%
NTST $1.64B 220.5 19.8% 3.6% 0.50%
GTY $1.64B 20.3 9.0% 35.7% 7.7%
ALX $1.11B 39.6 -5.8% 13.2% 22.2%
BFS $774M 28.9 7.8% 12.9% 11.7%
FVR $326M -67.1 -5.7% -1.1%
SITC 1.9 -55.4% 143.8% 41.8%
RPT $126M -46.1 65.7% 9.6% 0.55%
SPG 13.1 6.7% 84.3% 131.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14
Annual Income Statement data for CBL
Metric Trend 20252024202320222021202020192018201720162015
Revenue 10-point trend, -45.2% $578M $516M $535M $563M · $576M $769M $859M $927M $1.03B $1.06B
SG&A Expense 10-point trend, +11.1% $69M $67M $64M $67M · $53M $64M $62M $58M $63M $62M
Operating Expenses 8-point trend, -36.4% $442M $384M $440M $516M · $687M $854M $775M $695M · ·
Operating Income 3-point trend, -16.2% · · · · · · · · $233M $254M $278M
Interest Expense 8-point trend, -24.6% · · $173M $217M · $201M $206M $220M $219M $216M $229M
Other Non-op 8-point trend, +97.2% $-2M $-74M $-92M $-146M · $-225M $-46M $-183M $-74M · ·
Pretax Income · · · · · · · · $157M · ·
Income Tax 10-point trend, -83.8% $475.0K $1M $894.0K $3M · $17M $3M $-2M $-2M $-2M $3M
Net Income 10-point trend, +31.5% $136M $59M $7M $-93M · $-295M $-109M $-79M $121M $173M $103M
EPS (Basic) 9-point trend, +1197.1% $4.41 $1.87 $0.17 $-3.20 · $-1.75 · $-0.72 $0.44 $0.75 $0.34
EPS (Diluted) 8-point trend, +1176.5% $4.34 $1.87 $0.17 $-3.20 · $-1.75 · · $0.44 $0.75 $0.34
Shares (Basic) 5-point trend, +15846.8% 30,343,000 30,905,000 31,303,000 30,046,000 · 190,277 · · · · ·
Shares (Diluted) 5-point trend, +16108.5% 30,841,000 30,962,000 31,303,000 30,046,000 · 190,277 · · · · ·
EBITDA 8-point trend, -71.4% $165M $141M · $256M · $215M · $285M $532M $546M $577M
Balance Sheet 13
Annual Balance Sheet data for CBL
Metric Trend 20252024202320222021202020192018201720162015
Cash & Equivalents 11-point trend, +14.6% $42M $41M $34M $45M $170M $62M $33M $25M $33M $19M $37M
Total Assets 11-point trend, -57.9% $2.73B $2.75B $2.41B $2.68B $2.95B $4.44B $4.62B $5.34B $5.70B $6.10B $6.48B
Short-term Debt · · · $70M · · · · · · ·
Total Liabilities 10-point trend, -53.2% $2.36B $2.43B $2.08B $2.31B $2.54B · $3.76B $4.31B $4.46B $4.75B $5.06B
Long-term Debt 11-point trend, -53.9% $2.17B $2.21B $1.89B $2.00B $1.81B $1.18B $3.53B $4.04B $4.23B $4.47B $4.71B
Total Debt 2-point trend, -96.8% $2M · · $70M · · · · · · ·
Common Stock 11-point trend, -98.2% $30.0K $31.0K $32.0K $32.0K $21.0K $2M $2M $2M $2M $2M $2M
Paid-in Capital 11-point trend, -65.1% $687M $695M $719M $710M $548M $1.99B $1.97B $1.97B $1.97B $1.97B $1.97B
Retained Earnings 11-point trend, +54.6% $-313M $-372M $-380M $-339M $-152M $-1.46B $-1.16B $-1.01B $-836M $-742M $-689M
AOCI 7-point trend, -77.1% $443.0K $782.0K $610.0K $-1M $-3.0K $18.0K · · · · $2M
Stockholders' Equity 11-point trend, -70.8% $375M $324M $339M $371M $396M $532M $806M $964M $1.14B $1.23B $1.28B
Liabilities + Equity 11-point trend, -57.9% $2.73B $2.75B $2.41B $2.68B $2.95B $4.44B $4.62B $5.34B $5.70B $6.10B $6.48B
Shares Outstanding 11-point trend, -82.2% 30,322,052 30,711,227 31,975,645 31,780,075 20,774,716 196,569,917 174,115,111 172,656,458 171,088,778 170,792,645 170,490,948
Cash Flow 14
Annual Cash Flow data for CBL
Metric Trend 20252024202320222021202020192018201720162015
D&A 10-point trend, -44.8% $165M $141M $191M $256M · $215M $258M $285M $299M $293M $299M
Stock-based Comp 8-point trend, +189.2% $17M $15M $13M $12M · $6M $5M $5M $6M · ·
Deferred Tax 10-point trend, +107.2% $11.0K $-2M $-1M $1M · $15M $3M $-3M $5M $-907.0K $-152.0K
Amort. of Intangibles 10-point trend, +532.6% $82M $67M $106M $152M · $1M $5M $13M $13M $9M $13M
Other Non-cash 4-point trend, -135.3% $-68M $-11M · $32M · $193M · · · · ·
Operating Cash Flow 8-point trend, -42.0% $250M $202M $184M $208M · $133M $273M $377M $430M · ·
Investing Cash Flow 8-point trend, -51.8% $-115M $65M $2M $-157M · $-280M $25M $-27M $-76M · ·
Net Debt Issued 2-point trend, +96.0% · · · · · · · $-17M $-427M · ·
Stock Issued 4-point trend, -97.5% · · · · · $5.0K $40.0K $156.0K $204.0K · ·
Stock Repurchased 3-point trend, +1528.4% $18M $36M $1M · · · · · · · ·
Net Stock Activity 3-point trend, -361280.0% $-18M $-36M · · · $5.0K · · · · ·
Dividends Paid 7-point trend, -57.5% $77M $50M $118M $24M · · $26M $138M $181M · ·
Financing Cash Flow 8-point trend, +61.5% $-135M $-237M $-204M $-146M · $210M $-296M $-360M $-351M · ·
Net Change in Cash 8-point trend, -127.5% $-852.0K $31M $-19M $-94M · $63M $2M $-11M $3M · ·
Profitability 5
Annual Profitability data for CBL
Metric Trend 20252024202320222021202020192018201720162015
Operating Margin 3-point trend, -4.7% · · · · · · · · 25.1% 24.7% 26.3%
Net Margin 8-point trend, +139.9% 23.5% 11.4% · -16.6% · -51.2% · -9.2% 13.0% 16.8% 9.8%
EBITDA Margin 8-point trend, -47.7% 28.6% 27.3% · 45.5% · 37.3% · 33.2% 57.3% 53.1% 54.7%
ROA 8-point trend, +214.6% 5.0% 2.3% · -3.3% · -6.5% · -1.4% 2.1% 2.8% 1.6%
ROE 4-point trend, +188.3% 38.9% 17.8% · -24.4% · -44.1% · · · · ·
Liquidity & Solvency 2
Annual Liquidity & Solvency data for CBL
Metric Trend 20252024202320222021202020192018201720162015
Debt / Equity 2-point trend, -96.8% 0.0 · · 0.2 · · · · · · ·
Interest Coverage 3-point trend, -12.1% · · · · · · · · 1.1 1.2 1.2
Efficiency 1
Annual Efficiency data for CBL
Metric Trend 20252024202320222021202020192018201720162015
Asset Turnover 8-point trend, +30.9% 0.2 0.2 · 0.2 · 0.1 · 0.2 0.2 0.2 0.2
Per Share 7
Annual Per Share data for CBL
Metric Trend 20252024202320222021202020192018201720162015
Book Value / Share 5-point trend, +357.0% $12.37 $10.54 · $11.66 $19.07 $2.71 · · · · ·
Revenue / Share 3-point trend, -99.9% $18.75 $16.65 · $18738.30 · · · · · · ·
Cash Flow / Share 3-point trend, -99.9% $8.10 $6.53 · $6930.51 · · · · · · ·
Cash / Share 5-point trend, +343.7% $1.39 $1.33 · $1.41 $8.16 $0.31 · · · · ·
Dividend / Share 3-point trend, -100.0% · · · · · · $0 $1 $995 · ·
Dividend Paid / Share · · · · · $0 · · · · ·
EPS (TTM) 10-point trend, +1176.5% $4.34 $1.87 $0.17 $-3.20 · $-1.75 $0.45 $0.45 $0.44 $0.75 $0.34
Growth Rates 5
Annual Growth Rates data for CBL
Metric Trend 20252024202320222021202020192018201720162015
Revenue YoY 4-point trend, -40.0% 12.2% -3.7% -4.9% 20.3% · · · · · · ·
Revenue CAGR 3Y 3-point trend, +137.3% 0.90% 3.3% -2.4% · · · · · · · ·
Revenue CAGR 5Y 0.09% · · · · · · · · · ·
EPS YoY 2-point trend, -86.8% 132.1% 1000.0% · · · · · · · · ·
Net Income YoY 2-point trend, -83.7% 130.6% 800.9% · · · · · · · · ·
Valuation (TTM) 15
Annual Valuation (TTM) data for CBL
Metric Trend 20252024202320222021202020192018201720162015
Revenue TTM 11-point trend, -45.2% $578M $516M $535M $563M $550M $576M $769M $859M $927M $1.03B $1.06B
Net Income TTM 11-point trend, +31.5% $136M $59M $7M $-93M $-122M $-295M $-109M $-79M $121M $173M $103M
Market Cap 4-point trend, +73.1% $1.12B $903M · $733M $648M · · · · · ·
Enterprise Value 2-point trend, +42.5% $1.08B · · $759M · · · · · · ·
P/E 4-point trend, +218.2% 8.5 15.7 143.6 -7.2 · · · · · · ·
P/S 4-point trend, +64.6% 1.9 1.8 · 1.3 1.2 · · · · · ·
P/B 4-point trend, +82.9% 3.0 2.8 · 2.0 1.6 · · · · · ·
P / Tangible Book 5-point trend, +82.9% 3.0 2.8 2.3 2.0 1.6 · · · · · ·
P / Cash Flow 3-point trend, +27.6% 4.5 4.5 · 3.5 · · · · · · ·
EV / EBITDA 2-point trend, +121.2% 6.6 · · 3.0 · · · · · · ·
EV / Revenue 2-point trend, +38.7% 1.9 · · 1.3 · · · · · · ·
Dividend Yield 3-point trend, +111.4% 6.9% 5.6% · 3.2% · · · · · · ·
Earnings Yield 4-point trend, +184.6% 11.7% 6.4% 0.70% -13.9% · · · · · · ·
Payout Ratio 3-point trend, +322.0% 56.7% 85.4% · -25.5% · · · · · · ·
Annual Payout 7-point trend, -57.5% $77M $50M $118M $24M · · $26M $138M $181M · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $578M$516M$535M$563M
Net Income $136M$59M$7M$-93M
Diluted EPS $4.34$1.87$0.17$-3.20
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.00.2

Latest News Recent headlines mentioning this company

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Institutional owners (13F) 239 filers · $1.0B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
62 (+41 vs prior Q) 18 (0 vs prior Q) 83 (+1 vs prior Q) 45 (-2 vs prior Q) +1.4M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
CANYON CAPITAL ADVISORS LLC $393,731,048 7,416,294 38.95% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $47,278,185 890,529 4.68% Shares
VANGUARD CAPITAL MANAGEMENT LLC $41,811,667 787,562 4.14% Shares
STATE STREET CORP $34,730,310 654,178 3.44% Shares
GEODE CAPITAL MANAGEMENT, LLC $26,979,504 508,092 2.67% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $24,080,615 453,581 2.38% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $22,403,874 421,998 2.22% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $21,901,271 412,531 2.17% Shares
Taconic Capital Advisors LP $21,624,990 407,327 2.14% Shares
FIRST MANHATTAN CO. LLC. $18,813,981 354,379 1.86% Shares
PRUDENTIAL FINANCIAL INC $18,495,335 348,377 1.83% Shares
RENAISSANCE TECHNOLOGIES LLC $16,661,075 313,827 1.65% Shares
MACKENZIE FINANCIAL CORP $13,362,700 251,699 1.32% Shares
FIRST TRUST ADVISORS LP $13,114,504 247,024 1.30% Shares
JPMORGAN CHASE & CO $12,323,429 231,339 1.22% Shares
TUDOR INVESTMENT CORP ET AL $10,995,258 207,106 1.09% Shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC $10,569,582 199,088 1.05% Shares
BlackRock, Inc. $10,269,942 193,444 1.02% Shares
DIMENSIONAL FUND ADVISORS LP $10,161,851 191,408 1.01% Shares
BNP PARIBAS FINANCIAL MARKETS $9,932,980 187,097 0.98% Shares
Alpha Wave Global, LP $8,493,126 159,976 0.84% Shares
CITADEL ADVISORS LLC $8,188,124 154,231 0.81% Shares
Bank of New York Mellon Corp $8,105,994 152,684 0.80% Shares
TWO SIGMA INVESTMENTS, LP $6,812,296 128,316 0.67% Shares
REDWOOD CAPITAL MANAGEMENT, LLC $6,244,074 117,613 0.62% Shares
VANGUARD FIDUCIARY TRUST CO $6,220,237 117,164 0.62% Shares
GOLDMAN SACHS GROUP INC $6,205,053 116,878 0.61% Shares
Qube Research & Technologies Ltd $6,031,449 113,608 0.60% Shares
Arbiter Partners Capital Management LLC $5,799,764 109,244 0.57% Shares
PANAGORA ASSET MANAGEMENT INC $5,734,145 108,008 0.57% Shares
Connor, Clark & Lunn Investment Management Ltd. $5,680,099 106,990 0.56% Shares
D. E. Shaw & Co., Inc. $5,648,033 106,386 0.56% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $5,244,974 98,794 0.52% Shares
Caption Management, LLC $4,615,910 86,945 0.46% Shares
Man Group plc $4,350,088 81,938 0.43% Shares
MILLENNIUM MANAGEMENT LLC $4,192,570 78,971 0.41% Shares
HSBC HOLDINGS PLC $4,089,833 77,123 0.40% Shares
Point72 Asset Management, L.P. $4,086,072 76,965 0.40% Shares
VANGUARD GROUP INC $4,028,486 108,878 0.40% Shares
WELLINGTON MANAGEMENT GROUP LLP $3,932,695 74,076 0.39% Shares
LAZARD ASSET MANAGEMENT LLC $3,741,996 70,484 0.37% Shares
Emmett Investment Management, LP $3,653,234 66,086 0.36% Shares
MARTINGALE ASSET MANAGEMENT L P $3,646,275 68,681 0.36% Shares
AMERIPRISE FINANCIAL INC $3,617,871 68,146 0.36% Shares
Allianz Asset Management GmbH $3,487,854 65,697 0.35% Shares
Beacon Pointe Advisors, LLC $3,337,608 86,849 0.33% Shares
ALLIANCEBERNSTEIN L.P. $3,103,184 80,749 0.31% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $3,029,952 57,072 0.30% Shares
RITHOLTZ WEALTH MANAGEMENT $2,840,151 53,497 0.28% Shares
BANK OF AMERICA CORP /DE/ $2,701,909 50,893 0.27% Shares
BARCLAYS PLC $2,619,355 49,338 0.26% Shares
CITIGROUP INC $2,523,049 47,524 0.25% Shares
Russell Investments Group, Ltd. $2,469,746 46,520 0.24% Shares
FMR LLC $2,211,769 41,661 0.22% Shares
UBS Group AG $1,945,005 36,636 0.19% Shares
Y-Intercept (Hong Kong) Ltd $1,910,125 35,979 0.19% Shares
RHUMBLINE ADVISERS $1,906,028 35,902 0.19% Shares
IEQ CAPITAL, LLC $1,762,216 33,193 0.17% Shares
STATE OF WISCONSIN INVESTMENT BOARD $1,751,651 32,994 0.17% Shares
OPPENHEIMER & CO INC $1,744,431 32,858 0.17% Shares
Swiss National Bank $1,651,099 31,100 0.16% Shares
TEACHER RETIREMENT SYSTEM OF TEXAS $1,623,386 30,578 0.16% Shares
ExodusPoint Capital Management, LP $1,588,612 29,923 0.16% Shares
PRINCIPAL FINANCIAL GROUP INC $1,581,286 29,785 0.16% Shares
NORGES BANK $1,539,610 29,000 0.15% Shares
Cubist Systematic Strategies, LLC $1,504,527 49,199 0.15% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,472,451 27,735 0.15% Shares
GLOBEFLEX CAPITAL L P $1,427,378 26,886 0.14% Shares
CORSAIR CAPITAL MANAGEMENT, L.P. $1,425,891 26,858 0.14% Shares
NOMURA ASSET MANAGEMENT CO LTD $1,413,256 26,620 0.14% Shares
Quantinno Capital Management LP $1,391,117 26,203 0.14% Shares
Robeco Institutional Asset Management B.V. $1,367,333 25,755 0.14% Shares
Susquehanna Portfolio Strategies, LLC $1,317,110 24,809 0.13% Shares
Quantbot Technologies LP $1,172,015 22,076 0.12% Shares
JANE STREET GROUP, LLC $1,118,659 21,071 0.11% Shares
BAILARD, INC. $1,109,581 20,900 0.11% Shares
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO $1,108,732 20,884 0.11% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $1,072,000 20,200 0.11% Shares
VOYA INVESTMENT MANAGEMENT LLC $1,069,392 20,143 0.11% Shares
MARSHALL WACE, LLP $1,063,287 20,028 0.11% Shares
Mariner, LLC $1,023,464 19,278 0.10% Shares
OP Asset Management Ltd $968,202 18,237 0.10% Shares
Sumitomo Mitsui Trust Group, Inc. $946,966 17,837 0.09% Shares
VICTORY CAPITAL MANAGEMENT INC $928,066 17,481 0.09% Shares
VIRGINIA RETIREMENT SYSTEMS ET Al $913,900 24,700 0.09% Shares
ENVESTNET ASSET MANAGEMENT INC $889,576 16,756 0.09% Shares
Cambria Investment Management, L.P. $865,951 16,311 0.09% Shares
Asset Management One Co., Ltd. $841,924 21,908 0.08% Shares
Sanctuary Advisors, LLC $840,909 15,839 0.08% Shares
Beverly Hills Private Wealth, LLC $823,638 15,514 0.08% Shares
Avise Financial Cooperative, Inc. $823,638 15,514 0.08% Shares
COMMONWEALTH EQUITY SERVICES, LLC $743,150 13,998 0.07% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $722,396 13,607 0.07% Shares
Creative Planning $657,057 12,376 0.06% Shares
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. $652,795 12,296 0.06% Shares
MERCER GLOBAL ADVISORS INC /ADV $651,424 12,270 0.06% Shares
Ethic Inc. $640,520 12,065 0.06% Shares
EntryPoint Capital, LLC $622,958 11,734 0.06% Shares
MetLife Investment Management, LLC $615,525 11,594 0.06% Shares
Invesco Ltd. $612,977 11,546 0.06% Shares

Company insiders 52 insiders · 26 officers · 26 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Stephen D Lebovitz CEO Feb. 17, 2026 F 557,019 0 0 $0
Benjamin W Jaenicke EVP - Chief Financial Officer June 2, 2026 S 130,607 0 2 $-314,983
Farzana K Mitchell Exec VP - CFO Dec. 31, 2022 D 25,846 0 0 $0
Michael I Lebovitz President Feb. 17, 2026 F 110,542 0 0 $0
CBL & ASSOCIATES PROPERTIES INC President and Secretary Nov. 6, 2002 A 111,276 0 0 $0
Kathryn A. Reinsmidt EVP - Chief Operating Officer Feb. 17, 2026 F 156,054 0 0 $0
Augustus N Stephas Exec VP & COO Feb. 22, 2018 F 153,014 0 0 $0
Howard B. Grody Exec VP-Leasing June 18, 2026 S 76,311 0 2 $-275,148
Andrew Franklin Cobb Exec VP-Accounting May 14, 2026 S 59,622 0 4 $-582,499
Jeffery V. Curry Chief Legal Officer & Sec. April 8, 2026 G 145,499 0 1 $-166,650
Jennifer Cope EVP Ops Services & Risk Mgmt Feb. 17, 2026 F 30,772 0 0 $0
Joseph Khalili EVP Financial Planning & Anlys Feb. 17, 2026 F 30,711 0 0 $0
Alan L. Lebovitz Executive VP - Management Feb. 11, 2026 A 86,125 0 0 $0
Charles B Lebovitz Chairman-Emeritus March 13, 2023 S 84,708 0 0 $0
Michael C. Harrison Jr. Executive VP - Operations Feb. 17, 2021 F 28,025 0 0 $0
Ben S Landress Exec VP - Management Feb. 14, 2019 A 268,760 0 0 $0
John N Foy Vice Chairman Dec. 12, 2012 F 964,650 0 0 $0
Charles W A Willett JR Sr VP - Real Estate Finance May 7, 2012 M 43,097 0 0 $0
Mark D Mancuso SVP-Community Center Dev March 26, 2012 M 39,200 0 0 $0
Jerry L Sink Sr VP - Mall Management March 26, 2012 M 32,991 0 0 $0
Victoria S Berghel SVP and General Counsel Jan. 17, 2012 J 14,504 0 0 $0
Timothy S. Lowe Senior VP, Development Dec. 2, 2008 J 546 0 0 $0
Charles H May II Senior VP - Development Dec. 2, 2008 J 8,629 0 0 $0
Ronald L Fullam Sr VP - Development Dec. 2, 2008 J 41,145 0 0 $0
Eric P Snyder Sr VP and Director of Leasing Feb. 6, 2008 A 447,692 0 0 $0
Ronald S Gimple Sr VP and General Counsel May 19, 2005 A 9,015 0 0 $0
David Michael Fields Director June 5, 2026 S 18,522 0 2 $-221,355
David J Contis Director Feb. 11, 2026 A 117,170 0 0 $0
Jeffrey Kivitz Director Dec. 15, 2025 A 17,606 0 0 $0
Robert G Gifford Director Dec. 15, 2025 A 20,754 0 0 $0
Marjorie L. Bowen Director Dec. 15, 2025 A 33,440 0 0 $0
Michael A Torres Director Dec. 15, 2025 A 12,578 2 0 $127,375
Kaj Vazales Director Jan. 26, 2023 D 3,143 0 0 $0
Jonathan M Heller Director Jan. 25, 2023 D 47,489 0 0 $0
Matthew Dominski Director Aug. 25, 2021 S 0 0 0 $0
ASHNER MICHAEL L Director March 19, 2020 P 15,250,000 0 0 $0
Kathleen M. Nelson Director Jan. 6, 2020 A 187,085 0 0 $0
Richard J Lieb Director Jan. 6, 2020 A 168,663 0 0 $0
John D Griffith Director Jan. 6, 2020 A 184,238 0 0 $0
Carolyn Tiffany Director Jan. 6, 2020 A 33,091 0 0 $0
Larry A. Chapman Director Jan. 6, 2019 A 180,551 0 0 $0
Gary L Bryenton Director Jan. 3, 2019 A 96,308 0 0 $0
Gary J Nay Director Jan. 2, 2019 A 89,897 0 0 $0
Thomas J Derosa Director Jan. 2, 2015 A 15,761 0 0 $0
Winston W Walker Director Jan. 7, 2014 A 65,586 0 0 $0
Leo Fields Director Jan. 3, 2011 A 6,770 0 0 $0
Claude M Ballard Director Jan. 4, 2010 A 65,750 0 0 $0
Martin J Cleary Director April 15, 2009 J 4,273 0 0 $0
SVP Excelsior Management LLC 10% owner July 29, 2024 S 125,270 0 0 $0
CBL & ASSOCIATES INC Nov. 1, 2021 A 1,139 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 11 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Canyon Capital Advisors LLC, Mitchell R. Julis, Joshua S. Friedman ×6 filings May 26, 2026 24.00% Amendment SEC
HOWARD AMSTER, PLEASANT LAKE KOIEN INVESTMENTS LLC, PLEASANT LAKE APTS. LIMITED PARTNERSHIP, HOWARD AMSTER 2019 CHARITABLE REMAINDER UNITRUST #1 U/A DTD 05/20/2019, HOWARD AMSTER 2019 CHARITABLE REMAINDER UNITRUST #7 U/A DTD 05/20/2019, AMSTER LIMITED PARTNERSHIP, HOWARD AMSTER 2021 CHARITABLE REMAINDER TRUST #1 U/A DTD 08/10/2021, LAUGHLIN HOLDINGS LLC, RAMAT SECURITIES LTD LLC, HOWARD AMSTER 2021 CHARITABLE REMAINDER UNITRUST #3 U/A DTD 11/23/2021, PLEASANT LAKE APARTMENTS CORP., HOWARD AMSTER 2022 CHARITABLE REMAINDER UNITRUST #1 U/A 03/09/2022, HOWARD M. AMSTER FOUNDATION, HOWARD M AMSTER 2005 CHARITABLE REMAINDER UNITRUST U/A DTD 01/11/2005, NewAx Inc., SAMUEL J HELLER TRUST U/A DTD 08/07/2002 ×2 filings Oct. 22, 2024 Initial filing SEC
Strategic Value Partners, LLC, Victor Khosla, SVP Capital Solutions LLC, Strategic Value Capital Solutions Offshore Fund, L.P., Strategic Value Capital Solutions Fund, L.P., Strategic Value Sullivan Offshore Fund, L.P., SVP Special Situations III-A LLC, Strategic Value Opportunities Fund, L.P., Strategic Value Special Situations Offshore Fund IV, L.P., Strategic Value Special Situations Fund IV, L.P., SVP Special Situations IV LLC, Strategic Value Special Situations Offshore Fund V, L.P., Strategic Value Special Situations Fund V, L.P., SVP Special Situations V LLC, Strategic Value Excelsior Fund, L.P., SVP Excelsior Management LLC ×5 filings Oct. 1, 2024 Initial filing SEC
OCM Xb CBL-E Holdings, LLC, Oaktree Fund GP, LLC, Oaktree Fund GP I, L.P., Oaktree Capital I, L.P., OCM Holdings I, LLC, Oaktree Holdings, LLC, Oaktree Capital Group, LLC, Oaktree Capital Group Holdings GP, LLC, Brookfield Asset Management Inc., BAM Partners Trust April 22, 2022 Initial filing Passive investment SEC
Oaktree Value Opportunities Fund Holdings, L.P., Oaktree Value Opportunities Fund GP, L.P., Oaktree Value Opportunities Fund GP Ltd., OCM Xb CBL-E Holdings, LLC, Oaktree Fund GP, LLC, Oaktree Fund GP I, L.P., Oaktree Capital I, L.P., OCM Holdings I, LLC, Oaktree Holdings, LLC, Oaktree Capital Management, L.P., Oaktree Capital Management GP, LLC, Atlas OCM Holdings, LLC, Oaktree Capital Group, LLC, Oaktree Capital Group Holdings GP, LLC, Wells Street Global Partners LP, Brookfield Public Securities Group LLC, Brookfield Public Securities Group Holdings LLC, Brookfield US Inc., Brookfield US Holdings Inc., Brookfield Holdings Canada Inc., Brookfield Asset Management Inc., BAM Partners Trust ×2 filings Feb. 11, 2022 Initial filing Passive investment SEC
Exeter Capital Investors, L.P. I.R.S. I.D. No., Exeter Capital GP LLC I.R.S. I.D. No., WEM Exeter LLC I.R.S. I.D. No., Michael L. Ashner I.R.S. I.D. No. ×6 filings Aug. 27, 2021 Initial filing SEC
JACOBS REALTY INVESTORS LIMITED PARTNERSHIP ×2 filings Aug. 8, 2012 Initial filing SEC
Undisclosed reporting person Aug. 6, 2004 Initial filing Passive investment SEC
Undisclosed reporting person Jan. 9, 2003 Initial filing SEC
Undisclosed reporting person June 24, 2002 Initial filing SEC
Undisclosed reporting person Feb. 15, 2001 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 39 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
DIV · Global X Funds 2.42% 403,262 NS April 30, 2026 N-PORT
FYC · First Trust Exchange-Traded AlphaDE… 0.52% 121,352 NS April 30, 2026 N-PORT
AFSM · First Trust Exchange-Traded Fund VI… 0.31% 6,294 NS May 31, 2026 N-PORT
FYX · First Trust Exchange-Traded AlphaDE… 0.27% 72,262 NS April 30, 2026 N-PORT
IWC · iShares Trust 0.23% 63,463 SH Aug. 8, 2026 Daily
ROSC · Lattice Strategies Trust 0.16% 1,933 NS April 30, 2026 N-PORT
BBRE · J.P. Morgan Exchange-Traded Fund Tr… 0.14% 34,894 NS May 31, 2026 N-PORT
OMFS · Invesco Exchange-Traded Self-Indexe… 0.12% 6,337 Aug. 8, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.11% 11,334 NS April 30, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.11% 55,685 NS April 30, 2026 N-PORT
GSSC · Goldman Sachs ETF Trust 0.10% 19,768 NS May 31, 2026 N-PORT
USRT · iShares Trust 0.08% 68,883 SH Aug. 8, 2026 Daily
IWO · iShares Trust 0.06% 171,439 SH Aug. 8, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.06% 20,071 SH Aug. 8, 2026 Daily
NUSC · Nushares ETF Trust 0.06% 16,102 NS April 30, 2026 N-PORT
DFAR · Dimensional ETF Trust 0.05% 19,950 NS April 30, 2026 N-PORT
SCHH · SCHWAB STRATEGIC TRUST 0.05% 108,896 NS May 31, 2026 N-PORT
FREL · FIDELITY COVINGTON TRUST 0.05% 15,968 NS April 30, 2026 N-PORT
VNQ · VANGUARD SPECIALIZED FUNDS 0.04% 587,508 SH Aug. 8, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.04% 18,831 Aug. 8, 2026 Daily
DFGR · Dimensional ETF Trust 0.04% 27,449 NS April 30, 2026 N-PORT
IWM · iShares Trust 0.03% 504,136 SH Aug. 8, 2026 Daily
ISCV · iShares Trust 0.03% 4,267 SH Aug. 8, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.03% 107,952 SH Aug. 8, 2026 Daily
RSSL · Global X Funds 0.03% 7,911 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.02% 860 NS May 31, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.02% 74,355 NS May 31, 2026 N-PORT
ISCB · iShares Trust 0.02% 814 SH Aug. 8, 2026 Daily
UWM · ProShares Trust 0.01% 672 NS May 31, 2026 N-PORT
WSML · iShares Trust 0.01% 1,242 SH Aug. 8, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.01% 181,257 SH Aug. 8, 2026 Daily
URTY · ProShares Trust 0.01% 680 NS May 31, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.01% 902 NS May 31, 2026 N-PORT
HDG · ProShares Trust 0.00% 17 NS May 31, 2026 N-PORT
ITOT · iShares Trust 0.00% 27,144 SH Aug. 8, 2026 Daily
IWV · iShares Trust 0.00% 4,932 SH Aug. 8, 2026 Daily
SCHB · SCHWAB STRATEGIC TRUST 0.00% 11,811 NS May 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.00% 588,809 SH Aug. 8, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 1,653 SH Aug. 8, 2026 Daily