CBL
CBL & Associates Properties, Inc. Real Estate - REIT - Retail Investor Relations →
CBL & Associates Properties, Inc. (CBL) closed at $37.15 as of 2026-03-20, trading 60.2% above its 200-week moving average of $23.18. The stock moved further from the line this week, up from 58.0% last week. The 14-week RSI sits at 52, indicating neutral momentum.
Trading volume is running at 1.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.32 ratio) is neutral — neither side is clearly dominating.
Over the past 180 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 $1151 million, CBL is a small-cap stock. The company generates a free cash flow yield of 20.3%, which is notably high. Return on equity stands at 39.7%, indicating strong profitability. The stock trades at 3.0x book value.
Over the past 3.5 years, a hypothetical investment of $100 in CBL would have grown to $174, compared to $176 for the S&P 500. CBL has returned 17.1% annualized vs 17.5% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 6.2% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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 +39.8% vs +48.5% 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% | +99.6% |
| Dec 2022 | Jan 2023 | 5 | 10.9% | -0.5% | +88.9% |
| Jan 2023 | Jan 2023 | 1 | 0.9% | -0.5% | +82.3% |
| Feb 2023 | Mar 2023 | 5 | 4.9% | +1.3% | +84.2% |
| Apr 2023 | Dec 2023 | 35 | 15.6% | -7.2% | +82.1% |
| Feb 2024 | Jun 2024 | 19 | 6.1% | +50.8% | +87.2% |
| Average | 11 | — | +6.2% | — |
Frequently Asked Questions
Is CBL below its 200-week moving average?
No. CBL & Associates Properties, Inc. (CBL) is currently 60.2% above its 200-week moving average of $23.18. It would need to fall to $23.18 to cross below the line.
What is CBL's 200-week moving average price?
CBL & Associates Properties, Inc.'s 200-week moving average is $23.18 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when CBL drops below its 200-week moving average?
CBL has crossed below its 200-week moving average 6 times in our data. On average, buying at that moment produced a one-year return of +6.2%. These dips have historically been decent entry points. These episodes lasted 11 weeks on average.
Is CBL a good value right now?
Here's what our data says about CBL as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 52. Free cash flow yield is 20.3%. Return on equity is 39.7%. Price-to-book is 3.0x. This is not a buy or sell recommendation — always do your own research.
How does CBL compare to the S&P 500?
Over the past 3.5 years, $100 invested in CBL would have grown to $174, compared to $176 for the S&P 500. That's 17.1% annualized vs 17.5% for the index. CBL has underperformed the broader market over this period.
Does CBL pay a dividend?
Yes. CBL & Associates Properties, Inc. currently pays a dividend yield of 485.00%.
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 week of 2026-03-20