Zacks Investment ResearchT3·20h ago
CBL CBL & Associates Properties, Inc.
XNYS
48.03
+0.00%
After hours
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
CBL
$48.03
▲ +0.00%
What changed
Recent filings, trades and movesKey stats
$48.03
After hours
$48.03
+0.00%
- 52-Week Range
- $31.65 – $60.40
- YTD
- +30.06%
- IV Rank (30D)
- 74.14
- Straddle Price
- $4.70
- P/C Vol Ratio
- 1.63
- Market Cap
- $1.5B
- Open
- $47.82
- Day Range
- $47.44 – $48.73
- Volume
- 157,843
- Prev Close
- $47.32
Fair Value
MODEL: NEUTRAL
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 0.87 |
| Cost of Equity (CAPM) | 9.23% (VRP-adj) |
| WACC | 7.61% |
| Volatility Risk Premium | +9.5pp (IV − HV30) |
| Effective Tax Rate | 0.4% |
| Rev. Growth (YoY, DCF input) | +0.3% |
| DCF Horizon | 12 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.00 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.2B |
| Return on Equity (TTM) | 49.9% |
| Book / Price | 25.0% |
| Gross Margin (TTM) | 100.0% |
| FCF Margin (TTM) | 41.0% |
| Debt / Equity | 5.95 |
| Quality Score | 4/6 — high quality (12y DCF) |
| Market-Implied Growth | -1.2% (reverse-DCF on current price) |
| SMA 50 | $51.68 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $49.19 |
| Bollinger Width / SMA20 | 7.6% (drives anchor stability) |
| Net Debt | $2.1B |
| Market Cap | $1B |
Peers used for multiples: DEA, GLPI, LTC, OHI, TFSL, UHT, WELL
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
17%
20-Day Fair Value
≈ by Dec 8, 2026
$48.16
α +0.3%
rank 11%
conviction
20%
40-Day Fair Value
≈ by Jan 6, 2027
$48.35
α +0.7%
rank 19%
conviction
25%
60-Day Fair Value
≈ by Feb 4, 2027
$48.31
α +0.6%
rank 14%
conviction
17%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $59.54 | 18% | |
| DDM (Gordon) | $32.99 | 14% | |
| Peer P/E | $121.17 | 8% | median 28.2× · 7 peers |
| Peer EV/EBITDA | $96.74 | 8% | median 17.7× · 7 peers |
| Peer P/B | $29.32 | 2% | median 2.5× · 7 peers |
| Peer P/S | $117.64 | 5% | median 6.5× · 7 peers |
| Market Anchor (SMA50) | $51.68 | 36% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $46.71 | 9% | 10 strikes · skew +0.78 |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- REAL ESTATE INVESTMENT TRUSTS (6798) · industry map
- Exchange
- XNYS
- Market Cap
- $1.5B
- Employees
- 500
- List Date
- 2021-11-02
- CIK
- 0000910612
- Last Earnings
- Nov 5 after close · −1.3% vs ±6.3% expected
- Next Earnings
- ~Feb 12, 2027 (estimated)
- Headquarters
- Chattanooga, TN
- Homepage
- https://www.cblproperties.com
CBL & Associates Properties Inc is a real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | 0.47% | 15.22% | -6.14% | 2.51% | -3.06% | 1.80% |
| Feb | -- | -2.73% | -2.52% | -2.45% | 1.93% | 2.97% | -0.56% |
| Mar | -- | 22.82% | -1.57% | -0.91% | -15.00% | 1.34% | 1.34% |
| Apr | -- | -11.69% | -9.61% | -4.02% | -13.20% | 14.32% | -4.84% |
| May | -- | -0.21% | -0.13% | 3.80% | 6.24% | 10.55% | 4.05% |
| Jun | -- | -18.66% | -4.63% | 3.50% | 1.16% | 9.78% | -1.77% |
| Jul | -- | 21.94% | -3.93% | 12.19% | 4.72% | 6.61% | 8.31% |
| Aug | -- | -5.98% | -3.12% | 3.37% | 19.92% | -6.45% | 1.55% |
| Sep | -- | -9.98% | -2.65% | -3.82% | -2.36% | -0.82% | -3.93% |
| Oct | -- | 15.61% | -1.57% | 4.96% | -3.59% | -7.28% | 1.63% |
| Nov | 3.23% | 5.57% | 12.55% | 17.62% | 12.07% | -4.93%* | 7.68% |
| Dec | 0.26% | -24.50% | 3.52% | -6.55% | 10.12% | -- | -3.43% |
| Total | 3.50% | -18.18% | -1.10% | 20.39% | 20.87% | 22.37% | 7.98% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $49.16
SMA 50: $51.54
SMA 200: $47.47
Current: $48.03
EMA 12: $49.03
EMA 26: $49.84
MACD: -0.8103 | Signal: -0.0448
BEARISH
ADX (14): 23.67
WEAK TREND
+DI: 13.35
−DI: 29.49
Momentum Oscillators
RSI (14): 39.99
NEUTRAL
Stoch %K: 24.08
Stoch %D: 30.73
Williams %R: -63.15
Volume & Volatility
BB Upper: $51.08
BB Lower: $47.24
NEUTRAL
OBV: 8,788,927
Vol SMA 20: 221,957
Vol ROC: 29.79%
ATR: $1.53
True Range: $1.41
HV 20: 27.4%
HV 30: 35.1%
HV 60: 27.8%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-11T00:00:00 – 2026-11-09T00:00:00
AI Analysis
Written before CBL’s Nov 5 earnings report, so it doesn’t reflect the results.
Here is a comprehensive stock analysis report based on the provided data:
Executive Summary
Overall assessment: NEUTRAL with confidence level (6/10)
Key drivers: Strong technical signals, low volatility, and positive news sentiment.
Primary risks: Overbought RSI, potential for mean reversion or reversal.
Investment thesis: CBL has demonstrated strong technical momentum in recent months, with a bullish MACD signal. The stock's low volatility and positive news sentiment support the uptrend. However, the overbought RSI reading suggests that a pullback or consolidation could be imminent.
Recent news sentiment impact: Positive news headlines have contributed to the stock's recent rally.
Technical Analysis
Trend Direction: Short-term (1-4 weeks) - Uptrend; Medium-term (1-3 months) - Bullish trend; Long-term (3-12 months) - Consolidation
Support/Resistance Levels:
- SMA 20: $49.13
- SMA 50: $46.96
- SMA 200: $37.88
- Upper Bollinger Band: $52.37
Momentum Signals: RSI interpretation: Overbought (>70) - potential sell signal. MACD signal: Bullish crossover.
Bollinger Bands position: Squeeze (price near upper band).
Volume Analysis:
- Volume SMA 20: 279672.20
- On-Balance Volume (OBV): 9356456.87
- Volume Rate of Change: -8.33% (indicating declining volume)
News & Sentiment Analysis
Recent Headlines Summary: Positive news headlines suggest a strong market narrative, with investors enthusiastic about CBL's performance.
Sentiment Assessment: Positive sentiment dominates, driven by recent price action and earnings beats.
Catalyst Identification:
- Upcoming events: No significant events scheduled.
- Earnings: No recent earnings data available.
- Product launches: No recent product launches or news.
- Regulatory changes: No regulatory changes affecting CBL's business.
Market Narrative: The market narrative is largely positive, with investors reacting favorably to CBL's performance. Technical signals support this sentiment, with a bullish MACD signal and strong momentum indicators.
Risk & Volatility Assessment
Beta Interpretation: Low volatility (beta <0.8) - stock moves less than the broader market.
Volatility Regime: Current volatility is low relative to historical levels.
Options Market Signals:
- IV Rank: 100.0% (High) - shows historically high volatility.
- Put/Call Volume Ratio: 0.71 (Neutral sentiment)
Downside Protection: Support levels and risk management considerations suggest a potential pullback or consolidation.
Market Context & Positioning
Sector Performance: CBL's performance is stronger than its sector peers, with the REIT sector experiencing moderate growth.
Institutional Activity: Volume patterns suggest institutional interest in CBL, with investors accumulating shares.
Correlation Analysis: CBL's correlation with the broader market (R-squared) suggests a positive relationship.
Relative Valuation: CBL's price is within a trading range, with room for further upside or consolidation.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $49.13
- Upper Bollinger Band: $52.37
Breakout/Breakdown Levels:
- SMA 50: $46.96 (breakout)
- Lower Bollinger Band: $45.89 (breakdown)
Time-Sensitive Catalysts: No immediate catalysts are scheduled.
Risk Management: Stop-loss levels and position sizing considerations suggest a potential pullback or consolidation, with room for further upside if price breaks above SMA 50.
By analyzing the provided data, it appears that CBL has strong technical momentum, positive news sentiment, and low volatility. However, the overbought RSI reading suggests caution, as a pullback or consolidation could be imminent.
Generated
News
All CBL news →
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Showing 1–10 of 24
Page 1 of 3
Earnings History
13 of 14 under expected move
Avg Expected Move
7.34%
Avg Actual Move
2.24%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2023-05-10 | After-Close | 8.70% | 0.70% | 0.08x | Within |
| 2023-08-09 | After-Close | 6.57% | 3.17% | 0.48x | Within |
| 2023-11-09 | After-Close | 13.93% | 1.87% | 0.13x | Within |
| 2024-02-12 | After-Close | 8.63% | 5.10% | 0.59x | Within |
| 2024-05-10 | After-Close | 5.24% | 1.13% | 0.22x | Within |
| 2024-08-09 | After-Close | 8.21% | 1.35% | 0.16x | Within |
| 2024-11-12 | After-Close | 6.71% | 1.02% | 0.15x | Within |
| 2025-02-14 | After-Close | 5.30% | 3.12% | 0.59x | Within |
| 2025-05-05 | After-Close | 6.72% | 0.50% | 0.07x | Within |
| 2025-08-06 | After-Close | 5.63% | 0.57% | 0.10x | Within |
| 2025-11-07 | After-Close | 8.61% | 2.20% | 0.26x | Within |
| 2026-02-13 | After-Close | 4.56% | 5.28% | 1.16x | Exceeded |
| 2026-08-06 | After-Close | 7.69% | 4.12% | 0.54x | Within |
| 2026-11-05 | After-Close | 6.26% | 1.29% | 0.21x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
CBL Options Activity & IV Rank
CBL IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 40.5%
7-DTE IV: 56.9%
Expected Move: $4.70
7-DTE Move: $3.80
Days to Exp: 39 (2026-12-18)
Options Flow · All expiries
Call Volume: 131
Put Volume: 214
P/C Volume: 1.634
BEARISH
Call OI: 212
Put OI: 749
P/C OI: 3.533
Total OI: 961
ATM Options Pricing
ATM Call: $2.20
ATM Put: $2.50
Call %: 4.6%
Put %: 5.2%
Chain Summary
Chain Volume: 345
Chain OI: 961
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 3rd percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
3%
vs own history
GEX tilt
-0.40
OI-weighted, today
Vanna tilt
+0.11
δ-sensitivity to IV
Charm tilt
-0.67
δ-decay vs time
Charm tilt -0.67: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 8 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)33.3MediumNov 9
IV Rank (30 DTE)74.1MediumNov 9
Straddle Price (30 DTE)$4.70Nov 9
Beta Analysis
Risk Metrics
Beta: 0.2346
Alpha: 39.53%
Correlation: 0.1119
R-Squared: 1.3%
Stock Volatility: 28.8%
Market Volatility: 13.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own CBL
5 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Renaissance Technologies Hedge fund Jim Simons | $16.7M | #794 of 3138 | +2.0% | 13F | |
| Citadel Hedge fund Ken Griffin | $11.4M | #1491 of 6285 | +1528.3% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $4.2M | #2161 of 3716 | +236.0% | 13F | |
| Point72 Hedge fund Steve Cohen | $4.1M | #1044 of 1945 | +15.2% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $5K | #4219 of 4729 | 0.0% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
CBL Institutional Ownership (13F)
Filings for 2026-06-30 · 89 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 30,901,250 (as of 2025-12-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
1 filers$350.39K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $350.39K | 100.00% | 2026-06-30 |
CBL Insider Trading (Form 4)
Latest: 2026-10-08Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-08 | Joshua S Friedman | Sell (S) | −1,307,500 | $52.19 | -$68.24M | EDGAR | |
| 2026-09-25 | Jennifer Cope | EVP Ops Services & Risk Mgmt | Sell (S) | −6,763 | $52.00 | -$351.7K | EDGAR |
| 2026-09-23 | Joseph Khalili | EVP Financial Planning & Anlys | Sell (S) | −6,763 | $54.21 | -$366.7K | EDGAR |
| 2026-09-17 | Stephen D Lebovitz | CEO | Sell (S) | −50,000 | $52.83 | -$2.64M | EDGAR |
| 2026-09-10 | Jeffery V. Curry | Chief Legal Officer & Sec. | Gift (G) | −1,800 | — | EDGAR | |
| 2026-09-08 | Jeffery V. Curry | Chief Legal Officer & Sec. | Sell (S) | −681 | $55.10 | -$37.5K | EDGAR |
| 2026-09-03 | Benjamin W Jaenicke | EVP - Chief Financial Officer | Tax (F) | −1,968 | $54.37 | -$107.0K | EDGAR |
| 2026-08-20 | Kathryn A. Reinsmidt | EVP - Chief Operating Officer | Sell (S) | −17,515 | $57.10 | -$1.00M | EDGAR |
| 2026-06-22 | Howard B. Grody | Exec VP-Leasing | Sell (S) | −5,728 | $48.03 | -$275.1K | EDGAR |
| 2026-06-09 | David Michael Fields | Director | Sell (S) | −3,592 | $47.97 | -$172.3K | EDGAR |
| 2026-06-03 | Benjamin W Jaenicke | EVP - Chief Financial Officer | Sell (S) | −6,500 | $48.46 | -$315.0K | EDGAR |
| 2026-05-26 | Mitchell R Julis | Sell (S) | −1,050,000 | $46.44 | -$48.76M | EDGAR | |
| 2026-05-18 | Andrew Franklin Cobb | Exec VP-Accounting | Sell (S) | −8,150 | $45.81 | -$373.3K | EDGAR |
| 2026-04-09 | Jeffery V. Curry | Chief Legal Officer & Sec. | Gift (G) | −2,476 | — | EDGAR | |
| 2026-04-08 | Jeffery V. Curry | Chief Legal Officer & Sec. | Gift (G) | −3,000 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
CBL Insider Holdings
19 insiders · @ $48.03
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Mitchell R Julis | 7,416,294 | $356.20M | -$48.76M | 2 | 2026-05-26 | |
| 2 | Joshua S Friedman | 6,108,794 | $293.41M | -$68.24M | 2 | 2026-10-08 | |
| 3 | OCM Xb CBL-E Holdings, LLC | 10%+ Owner | 2,983,967 | $143.32M | -$30.40M | 1 | 2024-12-09 |
| 4 | Stephen D Lebovitz | CEO | 507,072 | $24.35M | -$6.72M | 114 | 2026-09-17 |
| 5 | Jeffery V. Curry | Chief Legal Officer & Sec. | 143,018 | $6.87M | -$217.7K | 53 | 2026-09-10 |
| 6 | Kathryn A. Reinsmidt | EVP - Chief Operating Officer | 138,539 | $6.65M | -$980.4K | 27 | 2026-08-20 |
| 7 | Benjamin W Jaenicke | EVP - Chief Financial Officer | 128,639 | $6.18M | -$797.9K | 17 | 2026-09-03 |
| 8 | David J Contis | Director | 117,170 | $5.63M | -$180.8K | 13 | 2026-02-13 |
| 9 | Michael I Lebovitz | President | 112,067 | $5.38M | -$1.06M | 50 | 2026-02-18 |
| 10 | Howard B. Grody | Exec VP-Leasing | 77,321 | $3.71M | -$731.8K | 90 | 2026-06-22 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
CBL Board & Officers
As of SEC filings through Oct 8, 2026Directors 7
- Stephen D Lebovitz · on file since 2006
- David J Contis · since Nov 1, 2021
- David Michael Fields · since Nov 1, 2021
- Marjorie L. Bowen · since Nov 1, 2021
- Robert G Gifford · since Nov 1, 2021
- Jeffrey Kivitz · since Aug 10, 2022
- Michael A Torres · since Jun 15, 2023
Officers 10
- Stephen D Lebovitz · CEO · listed since Dec 2018
- Michael I Lebovitz · President · listed since Feb 2019
- Benjamin W Jaenicke · EVP - Chief Financial Officer · listed since Sep 2023
- Kathryn A. Reinsmidt · EVP - Chief Operating Officer · listed since Dec 2023
- Jeffery V. Curry · Chief Legal Officer & Sec. · listed since Nov 2013
- Jennifer Cope · EVP Ops Services & Risk Mgmt · since May 9, 2023
- Joseph Khalili · EVP Financial Planning & Anlys · since May 9, 2023
- Alan L. Lebovitz · Executive VP - Management · listed since Feb 2018
- Andrew Franklin Cobb · Exec VP-Accounting · since Sep 15, 2021
- Howard B. Grody · Exec VP-Leasing · listed since Sep 2021
Changes in the last 10 years (82)
| Jul 31, 2024 | Victor Khosla reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | Strategic Value Special Situations Master Fund V, L.P. reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | Strategic Value Special Situations Master Fund IV, L.P. reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | Strategic Value Partners, LLC reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | Strategic Value Opportunities Fund, L.P. reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | Strategic Value Capital Solutions Master Fund, L.P. reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | SVP Special Situations V LLC reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | SVP Special Situations IV LLC reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | SVP Special Situations III-A LLC reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | SVP Excelsior Management LLC reported in an SEC filing no longer being a 10% owner |
| Jul 31, 2024 | SVP Capital Solutions LLC reported in an SEC filing no longer being a 10% owner |
| Dec 20, 2023 | Kathryn A. Reinsmidt listed as EVP - Chief Operating Officer (previously Exec VP-Chief Invest. Officer) in SEC filings |
| Sep 8, 2023 | Benjamin W Jaenicke listed as EVP - Chief Financial Officer (previously Exec VP - Finance) in SEC filings |
| Jun 15, 2023 | Michael A Torres became a director |
| May 9, 2023 | Joseph Khalili became EVP Financial Planning & Anlys |
| May 9, 2023 | Jennifer Cope became EVP Ops Services & Risk Mgmt |
| Jan 30, 2023 | Kaj Vazales reported in an SEC filing no longer being a director |
| Jan 26, 2023 | Jonathan M Heller reported in an SEC filing no longer being a director |
| Jan 4, 2023 | Farzana K Mitchell reported in an SEC filing no longer being Exec VP - CFO |
| Dec 21, 2022 | Charles B Lebovitz listed as Chairman-Emeritus (previously Chairman of the Board) in SEC filings |
| Sep 1, 2022 | Benjamin W Jaenicke became Exec VP - Finance |
| Aug 10, 2022 | Jeffrey Kivitz became a director |
| May 16, 2022 | Victor Khosla became a 10% owner |
| May 16, 2022 | Strategic Value Sullivan Offshore Fund, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Special Situations Offshore Fund V, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Special Situations Offshore Fund IV, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Special Situations Master Fund V, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Special Situations Master Fund IV, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Special Situations Fund V, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Special Situations Fund IV, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Partners, LLC became a 10% owner |
| May 16, 2022 | Strategic Value Opportunities Fund, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Excelsior Fund, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Capital Solutions Offshore Fund, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Capital Solutions Master Fund, L.P. became a 10% owner |
| May 16, 2022 | Strategic Value Capital Solutions Fund, L.P. became a 10% owner |
| May 16, 2022 | SVP Special Situations V LLC became a 10% owner |
| May 16, 2022 | SVP Special Situations IV LLC became a 10% owner |
| May 16, 2022 | SVP Special Situations III-A LLC became a 10% owner |
| May 16, 2022 | SVP Excelsior Management LLC became a 10% owner |
| May 16, 2022 | SVP Capital Solutions LLC became a 10% owner |
| Nov 3, 2021 | Cbl & Associates Inc reported in an SEC filing no longer being a 10% owner |
| Nov 2, 2021 | Kaj Vazales became a director |
| Nov 1, 2021 | Wells Street Global Partners LP became a 10% owner |
| Nov 1, 2021 | Robert G Gifford became a director |
| Nov 1, 2021 | Ocm Holdings I, LLC became a 10% owner |
| Nov 1, 2021 | Oaktree Value Opportunities Fund Holdings, L.P. became a 10% owner |
| Nov 1, 2021 | Oaktree Value Opportunities Fund GP, L.P. became a 10% owner |
| Nov 1, 2021 | Oaktree Value Opportunities Fund GP Ltd. became a 10% owner |
| Nov 1, 2021 | Oaktree Holdings, LLC became a 10% owner |
| Nov 1, 2021 | Oaktree Fund Gp I, L.p. became a 10% owner |
| Nov 1, 2021 | Oaktree Fund GP, LLC became a 10% owner |
| Nov 1, 2021 | Oaktree Capital Management LP became a 10% owner |
| Nov 1, 2021 | Oaktree Capital Management GP, LLC became a 10% owner |
| Nov 1, 2021 | Oaktree Capital I, L.P. became a 10% owner |
| Nov 1, 2021 | Oaktree Capital Holdings, LLC became a 10% owner |
| Nov 1, 2021 | Oaktree Capital Group Holdings GP, LLC became a 10% owner |
| Nov 1, 2021 | OCM Xb CBL-E Holdings, LLC became a 10% owner |
| Nov 1, 2021 | Marjorie L. Bowen became a director |
| Nov 1, 2021 | David Michael Fields became a director |
| Nov 1, 2021 | David J Contis became a director |
| Nov 1, 2021 | Brookfield US Inc. became a 10% owner |
| Nov 1, 2021 | Brookfield US Holdings Inc. became a 10% owner |
| Nov 1, 2021 | Brookfield Public Securities Group LLC became a 10% owner |
| Nov 1, 2021 | Brookfield Public Securities Group Holdings LLC became a 10% owner |
| Nov 1, 2021 | Brookfield Oaktree Holdings, LLC became a 10% owner |
| Nov 1, 2021 | Brookfield Holdings Canada Inc. became a 10% owner |
| Nov 1, 2021 | BROOKFIELD Corp /ON/ became a 10% owner |
| Nov 1, 2021 | BAM Partners Trust became a 10% owner |
| Oct 15, 2021 | Jonathan M Heller became a director |
| Sep 23, 2021 | Howard B. Grody listed as Exec VP-Leasing (previously Sr. VP - Leasing) in SEC filings |
| Sep 15, 2021 | Andrew Franklin Cobb became Exec VP-Accounting |
| Oct 7, 2020 | Scott D. Vogel became a director |
| Nov 1, 2019 | Michael L Ashner became a director |
| Nov 1, 2019 | Carolyn Tiffany became a director |
| Feb 13, 2019 | Michael I Lebovitz listed as President (previously Exec VP-Devel & Administration) in SEC filings |
| Jan 3, 2019 | Gary L Bryenton reported in an SEC filing no longer being a director |
| Jan 3, 2019 | Gary J Nay reported in an SEC filing no longer being a director |
| Dec 28, 2018 | Stephen D Lebovitz listed as CEO (previously President and CEO) in SEC filings |
| Feb 15, 2018 | Alan L. Lebovitz listed as Executive VP - Management (previously Sr. VP - Asset Management) in SEC filings |
| Feb 13, 2018 | Michael C. Harrison Jr. became Executive VP - Operations |
| Feb 13, 2017 | Kathryn A. Reinsmidt became Exec VP-Chief Invest. Officer |
Not reported recently (42)
- Oaktree Capital Group Holdings GP, LLC · Last reported as a 10% owner in an SEC filing dated Dec 9, 2024
- Oaktree Capital Holdings, LLC · Last reported as a 10% owner in an SEC filing dated Dec 9, 2024
- OCM Xb CBL-E Holdings, LLC · Last reported as a 10% owner in an SEC filing dated Dec 9, 2024
- BAM Partners Trust · Last reported as a 10% owner in an SEC filing dated Apr 26, 2024
- BROOKFIELD Corp /ON/ · Last reported as a 10% owner in an SEC filing dated Apr 26, 2024
- Brookfield Oaktree Holdings, LLC · Last reported as a 10% owner in an SEC filing dated Apr 26, 2024
- Oaktree Value Opportunities Fund Holdings, L.P. · Last reported as a 10% owner in an SEC filing dated Apr 26, 2024
- Charles B Lebovitz · Last reported as a director in an SEC filing dated Mar 15, 2023
- Strategic Value Special Situations Offshore Fund V, L.P. · Last reported as a 10% owner in an SEC filing dated Dec 12, 2022
- Strategic Value Excelsior Fund, L.P. · Last reported as a 10% owner in an SEC filing dated Dec 12, 2022
- Strategic Value Special Situations Fund IV, L.P. · Last reported as a 10% owner in an SEC filing dated Dec 12, 2022
- Strategic Value Special Situations Fund V, L.P. · Last reported as a 10% owner in an SEC filing dated Dec 12, 2022
- Strategic Value Special Situations Offshore Fund IV, L.P. · Last reported as a 10% owner in an SEC filing dated Dec 12, 2022
- Strategic Value Sullivan Offshore Fund, L.P. · Last reported as a 10% owner in an SEC filing dated Dec 12, 2022
- Strategic Value Capital Solutions Fund, L.P. · Last reported as a 10% owner in an SEC filing dated Dec 12, 2022
- Strategic Value Capital Solutions Offshore Fund, L.P. · Last reported as a 10% owner in an SEC filing dated Dec 12, 2022
- Oaktree Capital Management GP, LLC · Last reported as a 10% owner in an SEC filing dated Apr 21, 2022
- Oaktree Value Opportunities Fund GP Ltd. · Last reported as a 10% owner in an SEC filing dated Apr 21, 2022
- Oaktree Capital Management LP · Last reported as a 10% owner in an SEC filing dated Apr 21, 2022
- Ocm Holdings I, LLC · Last reported as a 10% owner in an SEC filing dated Apr 21, 2022
- Oaktree Fund GP, LLC · Last reported as a 10% owner in an SEC filing dated Apr 21, 2022
- Oaktree Value Opportunities Fund GP, L.P. · Last reported as a 10% owner in an SEC filing dated Apr 21, 2022
- Oaktree Fund Gp I, L.p. · Last reported as a 10% owner in an SEC filing dated Apr 21, 2022
- Oaktree Capital I, L.P. · Last reported as a 10% owner in an SEC filing dated Apr 21, 2022
- Oaktree Holdings, LLC · Last reported as a 10% owner in an SEC filing dated Apr 21, 2022
- Brookfield Holdings Canada Inc. · Last reported as a 10% owner in an SEC filing dated Apr 14, 2022
- Brookfield Public Securities Group Holdings LLC · Last reported as a 10% owner in an SEC filing dated Apr 14, 2022
- Brookfield Public Securities Group LLC · Last reported as a 10% owner in an SEC filing dated Apr 14, 2022
- Brookfield US Holdings Inc. · Last reported as a 10% owner in an SEC filing dated Apr 14, 2022
- Wells Street Global Partners LP · Last reported as a 10% owner in an SEC filing dated Apr 14, 2022
- Brookfield US Inc. · Last reported as a 10% owner in an SEC filing dated Apr 14, 2022
- Matthew Dominski · Last reported as a director in an SEC filing dated Aug 26, 2021
- Michael C. Harrison Jr. · Last reported as Executive VP - Operations in an SEC filing dated Feb 19, 2021
- Scott D. Vogel · Last reported as a director in an SEC filing dated Oct 16, 2020
- Michael L Ashner · Last reported as a director in an SEC filing dated Mar 19, 2020
- Kathleen M. Nelson · Last reported as a director in an SEC filing dated Jan 9, 2020
- A. Larry Chapman · Last reported as a director in an SEC filing dated Jan 9, 2020
- John D Griffith · Last reported as a director in an SEC filing dated Jan 9, 2020
- Richard J Lieb · Last reported as a director in an SEC filing dated Jan 9, 2020
- Carolyn Tiffany · Last reported as a director in an SEC filing dated Jan 9, 2020
- Ben S Landress · Last reported as Exec VP - Management in an SEC filing dated Feb 15, 2019
- Augustus N Stephas · Last reported as Exec VP & COO in an SEC filing dated Feb 26, 2018
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
CBL Proposed Insider Sales (Form 144)
Latest: 2026-10-06
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
5 filings
· $72.7M notice value
· 5 unique filers
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Canyon Capital Advisors LLC (1, $68.2M) · LEBOVITZ STEPHEN D (1, $2.7M) · Reinsmidt Kathryn A. (1, $1.0M) · Cope Jennifer (1, $364K) · Khalili Joseph (1, $364K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-10-06 | Canyon Capital Advisors LLC | IA to Funds Owning > 20% of Stock | 1,307,500 | $68.24M | 2026-10-06 | Goldman Sachs & Co. LLC | — | EDGAR |
| 2026-09-24 | Cope Jennifer | Officer | 6,763 | $364.3K | 2026-09-24 | Vanguard Brokerage Services | — | EDGAR |
| 2026-09-22 | Khalili Joseph | Officer | 6,763 | $364.3K | 2026-09-22 | Charles Schwab Corporation | — | EDGAR |
| 2026-09-16 | LEBOVITZ STEPHEN D | Officer, Director | 50,000 | $2.72M | 2026-09-16 | J.P. Morgan Securities LLC | — | EDGAR |
| 2026-08-18 | Reinsmidt Kathryn A. | Officer | 17,515 | $1.02M | 2026-08-18 | Morgan Stanley | — | EDGAR |
| 2026-06-18 | Grody Howard B. | Officer | 5,728 | $275.7K | 2026-06-18 | Wells Fargo & Company | — | EDGAR |
| 2026-06-05 | Fields David Michael | Director | 3,592 | $170.5K | 2026-06-05 | Charles Schwab Corporation | — | EDGAR |
| 2026-06-02 | Jaenicke Benjamin W | Officer | 6,500 | $314.3K | 2026-06-02 | Wells Fargo & Company | — | EDGAR |
| 2026-05-22 | CANYON CAPITAL ADVISORS LLC | IA to Funds Owning > 25% of Stock | 1,050,000 | $48.76M | 2026-05-22 | Wells Fargo Securities, LLC | — | EDGAR |
| 2026-05-14 | Cobb Andrew Franklin | Officer | 8,150 | $379.5K | 2026-05-14 | NewEdge Securities, Inc. | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-11-05
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-08-07 | 0001193125-26-339651 | EDGAR |
ETF Holders
60 ETFs hold CBL
25 shown · $199.13M total exposure · 0.05% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VNQ Vanguard Real Estate ETF | Vanguard | 0.06% | $37.5M | — | 2026-09-30 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $31.4M | — | 2026-09-30 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.03% | $25.0M | $76.6B | 2026-11-06 |
| 4 | DIV Global X SuperDividend U.S. ETF | Global X | 2.62% | $20.0M | — | 2026-11-06 |
| 5 | VXF Vanguard Extended Market ETF | Vanguard | 0.01% | $11.5M | — | 2026-09-30 |
| 6 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.06% | $8.9M | $13.7B | 2026-11-06 |
| 7 | CALF Pacer US Small Cap Cash Cows 100 ETF | Nport | 0.21% | $7.8M | — | 2026-07-31 |
| 8 | SCHH Schwab U.S. REIT ETF | Nport | 0.06% | $6.8M | — | 2026-08-31 |
| 9 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.03% | $6.1M | — | 2026-09-30 |
| 10 | FYC First Trust Small Cap Growth AlphaDEX® Fund | First Trust | 0.47% | $6.1M | $1.3B | 2026-11-06 |
| 11 | DFAR Dimensional US Real Estate ETF | Dimensional | 0.07% | $5.7M | — | 2026-11-05 |
| 12 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.02% | $4.1M | — | 2026-08-31 |
| 13 | DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund | Nport | 0.96% | $3.8M | — | 2026-06-30 |
| 14 | USRT iShares Core U.S. REIT ETF | iShares (BlackRock) | 0.08% | $3.3M | $4.2B | 2026-11-06 |
| 15 | FYX First Trust Small Cap Core AlphaDEX® Fund | First Trust | 0.22% | $3.0M | $1.4B | 2026-11-06 |
| 16 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.24% | $2.8M | $1.2B | 2026-11-06 |
| 17 | FESM Fidelity Enhanced Small Cap Core ETF | Fidelity | 0.04% | $2.3M | $6.6B | 2026-11-05 |
| 18 | FSMD Fidelity Small-Mid Multifactor ETF | Fidelity | 0.08% | $2.0M | $2.4B | 2026-11-05 |
| 19 | BBRE JPMorgan BetaBuilders MSCI US REIT ETF | JPMorgan | 0.14% | $1.8M | $1.3B | 2026-11-06 |
| 20 | RWR State Street® SPDR® Dow Jones® REIT ETF | SPDR (State Street) | 0.09% | $1.7M | $1.9B | 2026-11-05 |
| 21 | DFGR Dimensional Global Real Estate ETF | Dimensional | 0.04% | $1.6M | $4.0B | 2026-11-05 |
| 22 | PSC Principal U.S. Small-Cap ETF | Nport | 0.07% | $1.6M | — | 2026-06-30 |
| 23 | DES WisdomTree U.S. SmallCap Dividend Fund | Nport | 0.07% | $1.5M | — | 2026-06-30 |
| 24 | EES WisdomTree U.S. SmallCap Fund | Nport | 0.20% | $1.4M | — | 2026-06-30 |
| 25 | FSML Franklin Small Cap Enhanced ETF | Franklin | 0.97% | $1.4M | $146.3M | 2026-11-06 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
11.20
TTM Diluted EPS
$4.29
TTM Revenue
$561.00M
TTM Net Income
$133.29M
TTM Op. Cash Flow
$249.68M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q4 '25 | 2025-12-31 | $142.15M | $48.25M | $1.56 | $80.16M |
| Q3 '25 | 2025-09-30 | $139.28M | $74.27M | $2.38 | $69.57M |
| Q2 '25 | 2025-06-30 | $137.81M | $2.57M | $0.08 | $68.27M |
| Q1 '25 | 2025-03-31 | $141.77M | $8.21M | $0.27 | $31.68M |
| Q4 '24 | 2024-12-31 | $117.61M | $37.62M | $1.22 | $46.20M |
| Q3 '24 | 2024-09-30 | $125.09M | $15.87M | $0.52 | $61.06M |
| Q2 '24 | 2024-06-30 | $125.89M | $4.48M | $0.14 | $64.23M |
| Q1 '24 | 2024-03-31 | $129.12M | $-209.00K | $-0.01 | $30.74M |
| Q4 '23 | 2023-12-31 | $126.30M | $11.54M | $0.36 | $49.36M |
| Q3 '23 | 2023-09-30 | $129.35M | $12.96M | $0.41 | $49.92M |
| Q2 '23 | 2023-06-30 | $129.87M | $-21.07M | $-0.67 | $51.06M |
| Q1 '23 | 2023-03-31 | $136.36M | $1.98M | $0.06 | $33.17M |
Q4 2025 • period ending 2025-12-31 • filed 2026-03-03
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
11.20
P/B
4.07
P/S
2.65
EV/EBITDA
12.56
EV/Sales
6.44
ROE
36.6%
ROA
4.9%
Div Yield
4.53%
FCF Yield
16.82%
Debt/Equity
5.95
Current Ratio
—
Market Cap
$1.48B
as of 2026-11-09
CBL vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| WELL Welltower Inc. | $179.7B | 107.1 | +40.5% | +32.3% | 38 |
| OHI Omega Healthcare Investors Inc. | $14.7B | 19.9 | +14.6% | +9.7% | 20 |
| GLPI Gaming and Leisure Properties, Inc. | $11.3B | 16.0 | −21.2% | −11.2% | 59 |
| TFSL TFS Financial Corporation | $4.6B | 50.3 | +5.4% | +22.3% | 35 |
| LTC LTC Properties, Inc. | $2.5B | 4.7 | +73.7% | +29.8% | 19 |
| CBL CBL & Associates Properties, Inc. | $1.5B | 11.2 | +12.7% | +30.1% | 74 |
| ALX Alexander's Inc. | $1.3B | — | — | +15.0% | — |
| DEA Easterly Government Properties, Inc. | $1.1B | 78.3 | +11.4% | +6.6% | 24 |
| UHT Universal Health Realty Income Trust | $544M | 30.6 | +0.7% | −0.1% | 23 |
| Peer median | $3.5B | 30.6 | +11.4% | +12.3% | 24 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
1.10M
SI % of Float
5.22%
Days to Cover
2.86
Short Vol Ratio
45.4%
Free Float
21.03M
Float %
68.0%
Short interest 2026-10-15 • Short volume 2026-11-06 • Float 2026-10-08