CBL
CBL & Associates Properties, Inc. Real Estate - REIT - Retail Investor Relations →
CBL & Associates Properties, Inc. (CBL) closed at $36.43 as of 2026-02-02, trading 58.6% above its 200-week moving average of $22.97. The stock moved further from the line this week, up from 56.3% last week. With a 14-week RSI of 78, CBL is in overbought territory.
Over the past 174 weeks of data, CBL has crossed below its 200-week moving average 6 times. On average, these episodes lasted 11 weeks. Historically, investors who bought CBL at the start of these episodes saw an average one-year return of +6.2%.
With a market cap of $1127 million, CBL is a small-cap stock. The company generates a free cash flow yield of 17.2%, which is notably high. Return on equity stands at 38.6%, indicating strong profitability. The stock trades at 3.2x book value.
Share count has increased 47.8% over three years, indicating dilution.
Over the past 3.4 years, a hypothetical investment of $100 in CBL would have grown to $168, compared to $187 for the S&P 500. CBL has returned 16.4% annualized vs 20.1% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: CBL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CBL Crosses Below the Line?
Across 6 historical episodes, buying CBL when it crossed below its 200-week moving average produced an average return of +4.7% after 12 months (median +0.0%), compared to +21.2% for the S&P 500 over the same periods. 33% of those episodes were profitable after one year. After 24 months, the average return was +38.7% vs +48.7% for the index.
Each line shows $100 invested at the moment CBL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CBL has crossed below its 200-week MA 6 times with an average 1-year return of +6.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2022 | Oct 2022 | 3 | 9.9% | -6.6% | +93.4% |
| Dec 2022 | Jan 2023 | 5 | 10.9% | -0.5% | +83.0% |
| Jan 2023 | Jan 2023 | 1 | 0.9% | -0.5% | +76.6% |
| Feb 2023 | Mar 2023 | 5 | 4.9% | +1.3% | +78.5% |
| Apr 2023 | Dec 2023 | 35 | 15.6% | -7.2% | +76.5% |
| Feb 2024 | Jun 2024 | 19 | 6.1% | +50.8% | +81.4% |
| Average | 11 | — | +6.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02