New insider activity at CBL & Associates Properties ( (CBL) ) has taken place on March 12, 2025.
Director David Contis has recently sold 5,215 shares of CBL & Associates Properties stock, amounting to a total transaction value of $151,860.
Recent Updates on CBL stock
CBL & Associates Properties has reported strong financial results for Q4 and the full year of 2024, with an increase in net income and a slight rise in same-center NOI despite a quarterly decline. The company executed significant leasing activities and completed over $500 million in financing, which, along with strategic acquisitions and sales, has strengthened its portfolio and balance sheet. Recent developments include the sale of Imperial Valley Mall for $38.1 million, which reduced the term loan principal balance, enhancing the company’s financial stability. CBL’s management is optimistic about 2025, focusing on operational improvements and leveraging a strong balance sheet to enhance cash flow and shareholder returns. The approval of the 2025 Annual Incentive Compensation Plan and Long Term Incentive Program aims to align executive performance with company goals, potentially impacting future financial outcomes.
More about CBL & Associates Properties
YTD Price Performance: -3.82%
Average Trading Volume: 188,103
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $888.5M
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