CBL & Associates Properties (CBL) Receives Media Impact Score of 0.53

News stories about CBL & Associates Properties (NYSE:CBL) have trended very positive this week, according to Alpha One Sentiment Analysis. The research firm, a service of Accern, ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CBL & Associates Properties earned a daily sentiment score of 0.53 on Alpha One’s scale. Alpha One also gave media headlines about the real estate investment trust an impact score of 20 out of 100, indicating that recent media coverage is very unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have effected Alpha One Sentiment Analysis’s rankings:

Insider Buying and Selling by Quarter for CBL & Associates Properties (NYSE:CBL)

CBL & Associates Properties (NYSE CBL) traded down 0.12% during trading on Tuesday, hitting $8.39. The stock had a trading volume of 1,725,261 shares. The firm has a market capitalization of $1.44 billion, a P/E ratio of 11.82 and a beta of 1.24. CBL & Associates Properties has a one year low of $7.14 and a one year high of $14.30. The stock has a 50 day moving average of $8.11 and a 200 day moving average of $9.81.

CBL & Associates Properties (NYSE:CBL) last announced its quarterly earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.01. The firm had revenue of $238.01 million during the quarter, compared to the consensus estimate of $244.76 million. CBL & Associates Properties had a return on equity of 9.98% and a net margin of 16.64%. During the same quarter in the previous year, the company posted $0.56 EPS. Equities research analysts expect that CBL & Associates Properties will post $0.60 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Friday, June 30th will be issued a $0.265 dividend. The ex-dividend date is Wednesday, June 28th. This represents a $1.06 annualized dividend and a yield of 12.62%. CBL & Associates Properties’s payout ratio is currently 149.30%.

CBL has been the subject of a number of research reports. Zacks Investment Research upgraded CBL & Associates Properties from a “sell” rating to a “hold” rating in a research report on Tuesday, April 4th. ValuEngine upgraded CBL & Associates Properties from a “buy” rating to a “strong-buy” rating in a research report on Thursday, May 11th. Morgan Stanley reiterated an “underweight” rating and issued a $6.00 price objective (down from $10.00) on shares of CBL & Associates Properties in a research report on Saturday, June 3rd. Boenning Scattergood upgraded CBL & Associates Properties from an “underperform” rating to a “neutral” rating in a research report on Monday, May 15th. Finally, Jefferies Group LLC restated a “buy” rating and set a $13.00 target price on shares of CBL & Associates Properties in a research report on Monday, May 22nd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $12.07.

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About CBL & Associates Properties

CBL & Associates Properties, Inc is a self-managed, self-administered, integrated real estate investment trust. The Company owns, develops, acquires, leases, manages and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties.

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