CBL Properties Reports Third Quarter 2026 Results and Raises Full-Year Guidance
CBL Properties reported Q3 2026 adjusted FFO of $1.90 per share, up 23% from $1.55 a year ago, with same-center NOI up 3.8% and diluted EPS of $0.37. Portfolio occupancy rose 130 bps year-over-year to 91.5%, comparable lease spreads were 6.8%, and trailing twelve-month same-center tenant sales reached $463 per square foot, up 3.6%. Management raised full-year 2026 adjusted FFO guidance to $7.34-$7.44 per share — the second raise this year — and the Board authorized a new $25.0 million stock repurchase program.
Key figures
- Eps
- 0.37
- Guidance
- 2026 FFO, as adjusted, raised to $7.34-$7.44 per share; same-center NOI growth of 0.75%-2.25%
- Ffo per share
- 1.05
- Lease spreads
- 6.8%
- Ytd financings
- nearly $1.0 billion
- Sales psf growth
- 3.6%
- Q3 total revenues
- 148697000
- Unrestricted cash
- $366.7 million
- Ffo as adjusted yoy
- 23%
- Portfolio occupancy
- 91.5%
- Occupancy change bps
- 130
- Buyback authorization
- $25.0 million
- Leases signed sqft q3
- more than 930,000
- Q3 dividend per share
- 0.625
- West county refinancing
- $135.0 million at 7.4% fixed, five-year term
- Ytd asset sale proceeds
- more than $101.3 million
- Annual dividend per share
- 2.5
- Ffo as adjusted per share
- 1.9
- Nine month total revenues
- 441144000
- Same center noi growth q3
- 3.8%
- Same center sales psf ttm
- $463
- Same center noi growth nine months
- 2.6%
- Ffo as adjusted per share prior year
- 1.55
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.