CBL
CBL & Associates Properties, Inc. Real Estate - REIT - Retail Investor Relations →
CBL & Associates Properties, Inc. (CBL) closed at $47.40 as of 2026-06-19, trading 94.3% above its 200-week moving average of $24.39. The stock is currently moving closer to the line, down from 102.2% last week. With a 14-week RSI of 82, CBL is in overbought territory.
Trading volume is running at 1.3x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.79 ratio) is neutral — neither side is clearly dominating.
Over the past 193 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 $1467 million, CBL is a small-cap stock. The company generates a free cash flow yield of 13.3%, which is notably high. Return on equity stands at 51.4%, indicating strong profitability. The stock trades at 3.7x book value.
Over the past 3.8 years, a hypothetical investment of $100 in CBL would have grown to $225, compared to $203 for the S&P 500. That represents an annualized return of 24.2% vs 20.8% for the index — confirming CBL as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 6.2% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices CBL would reach each dislocation threshold.
Dislocation Price Levels
Prices where CBL's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-08-05.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $37.06 | Unusually cheap — potential buy zone |
| Value | +1σ | $39.56 | Cheap vs. own history |
| Fair Value | +0σ | $42.41 | Historical mean behavior |
| Expensive | -1σ | $45.71 | Expensive vs. own history |
| Deep Expensive | -2σ | $49.57 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from CBL's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
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% | +158.9% |
| Dec 2022 | Jan 2023 | 5 | 10.9% | -0.5% | +145.1% |
| Jan 2023 | Jan 2023 | 1 | 0.9% | -0.5% | +136.5% |
| Feb 2023 | Mar 2023 | 5 | 4.9% | +1.3% | +139.0% |
| Apr 2023 | Dec 2023 | 35 | 15.6% | -7.2% | +136.3% |
| Feb 2024 | Jun 2024 | 19 | 6.1% | +50.8% | +142.9% |
| Average | 11 | — | +6.2% | — |
Frequently Asked Questions
Is CBL below its 200-week moving average?
No. CBL & Associates Properties, Inc. (CBL) is currently 94.3% above its 200-week moving average of $24.39. It would need to fall to $24.39 to cross below the line.
What is CBL's 200-week moving average price?
CBL & Associates Properties, Inc.'s 200-week moving average is $24.39 as of 2026-06-19. 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 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 82 (overbought). Free cash flow yield is 13.3%. Return on equity is 51.4%. Price-to-book is 3.7x. 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 3.8 years, $100 invested in CBL would have grown to $225, compared to $203 for the S&P 500. That's 24.2% annualized vs 20.8% for the index. CBL has outperformed the broader market over this period.
Does CBL pay a dividend?
Yes. CBL & Associates Properties, Inc. currently pays a dividend yield of 519.00%.
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 2026-06-19