Positive context积极背景
Stocks股票 / Real Estate / CBL
CBL& Associates Properties Inc · Real Estate
CBL US listed · USD美股 · 美元
Real Estate
Russell 2000罗素2000
$51.91
-$0.40 · -0.76%
52w low52周低 $26.56high高 $60.96
Avoid — downtrend回避 — 下行趋势
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-09-27截至 2026-09-27
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-09-27
Momentum (RSI 14)动量（RSI 14）
36
Depressed偏低
vs 50-day average相对50日均线
-6.4% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
+15.7% above上方
Long trend up长期向上
Volatility波动率
2th percentile第2百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Financials财务数据
fiscal years财年Revenue营业收入
$578.4M2025
20202025
5-yr growth5年复合增速 0.1%
Earnings per share每股收益
$4.342025
20202025
Net margin净利率
23.5%
FCF margin自由现金流利润率
43.2%
Balance-sheet quality财务体质 7/7
Return on equity股本回报率 36%
Clean稳健
Capital allocation资本配置
Stock-based comp股权薪酬$16.7M
Share count change (1y)股数变化（1年）-1.3%
Debt coming due到期债务
FY2025 10-KIn the 12-month bucket following fiscal period end 2025-12-31, it reported $1.3B due — about 58% of its disclosed principal.在财年期末 2025-12-31 之后12个月的区间内，已披露到期本金为 $1.3B，约占其披露本金的 58%。
All maturity buckets are measured from fiscal period end 2025-12-31, not from today.所有到期区间均从财年期末 2025-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$1.3B
Year 2第2年
$11.2K
Year 3第3年
$134.8M
Year 4第4年
$7.9M
Year 5第5年
$740.1M
After year 55年以后
$59.8M
A cash-flow scenario is unavailable until the filing inputs are verified.报告数据核实前，现金流情景暂不可用。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001193125-26-087049, period ending报告期截至 2025-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-09-22T07:59:44.933698+00:00.
6/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
CBL daily MACD crossed downCBL 日线MACD下穿
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$49.9M net (0 buyers, 5 sellers)-$49.9M 净值（0 买家，5 卖家）
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | As of截至 |
|---|---|---|---|---|
| Oaktree Capital Management | B | exitexit | 0.0% | 2026-06-30 |
Signal history信号历史
engine events引擎事件
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases)回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）
Sep 23, 2026
CBL daily MACD crossed downCBL 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $53.06.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$53.06。
Sep 22, 2026
CBL daily MACD crossed upCBL 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $53.97.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$53.97。
Sep 21, 2026
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID回避
Sep 18, 2026
DOWNTREND → UNCONFIRMED TURN下跌趋势 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Sep 17, 2026
CBL StochRSI turned up from oversoldCBL StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $53.87.StochRSI重回20上方 — 下行动量趋缓的最早预警。$53.87。
Sep 10, 2026
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID回避
Sep 3, 2026
CBL StochRSI turned up from oversoldCBL StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $54.29.StochRSI重回20上方 — 下行动量趋缓的最早预警。$54.29。
Showing the last 15 of显示最近15条，共 187 signals条信号
Company profile公司档案
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -4.5% | +1.3% |
| 1 Month近1月 | -4.7% | +0.9% |
| 3 Months近3月 | -2.8% | +6.1% |
| 6 Months近6月 | +40.8% | +22.3% |
| Year to date年初至今 | +44.7% | +13.8% |
| 1 Year近1年 | +80.8% | +18.5% |
Trading information交易信息
Volatility rank波动率分位
2th pctile
EPS (trailing)每股收益
$4.48
Off 52-week high距52周高点
-13.6%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $576M | $468M | $563M | $535M | $516M | $578M |
| EPS每股收益 | $-1.75 | $-2.39 | $-3.20 | $0.17 | $1.87 | $4.34 |
| Free cash flow自由现金流 | — | — | — | — | — | — |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | -51.2% | -100.6% | -16.6% | 1.2% | 11.4% | 23.5% |
| FCF margin自由现金流利润率 | — | — | — | — | — | — |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$578M
Net income净利润
$136M
Operating cash flow经营现金流
$250M
Total assets总资产
$2.7B
Shareholder equity股东权益
$375M
Dividends paid股息支出
$77M
Buybacks股票回购
$18M
Shares outstanding总股本
0.03B
Returns & growth回报与增长
Return on equity股本回报率
36.3%
Return on assets资产回报率
5.0%
Profit growth利润增速
+130.6%
Asset growth资产增速
-0.7%
Accounting quality checks会计质量检查
- Earnings quality: accruals trending up over 6 fiscal years — earnings increasingly not cash-backed盈利质量：应计利润在 6 个财年间走高——盈利的现金支撑减弱
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
36
RSI (2-day)RSI（2日）
7
vs 20-day average相对20日均线
-3.4%
vs 50-day average相对50日均线
-6.4%
vs 200-day average相对200日均线
+15.7%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down — fresh downturn动能向下——刚刚转弱
3-day3日线
momentum down动能向下
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
CoiledCOILED
Days compressed已压缩天数
11
Range width percentile波幅宽度分位
10/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Tracked funds holding it跟踪基金持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | Position市值 |
|---|---|---|---|---|
| Oaktree Capital Management | B | Exited清仓 | 0.0% | $83M |
Fund positioning基金持仓概览
Tracked funds in the name持有该股的跟踪基金
1
Buying vs selling买入vs卖出
0 : 1
Quarterly trend季度趋势
{'direction': 'distributing', 'n_quarters': 12, 'holders_first': 1, 'holders_last': 0, 'holders_delta': -1, 'value_change_pct': -100.0, 'from_period': '2023-09-30', 'to_period': '2026-06-30', 'available_on': '', 'available_on_first': '2023-11-13', 'holders_series': [1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 0]}{'direction': 'distributing', 'n_quarters': 12, 'holders_first': 1, 'holders_last': 0, 'holders_delta': -1, 'value_change_pct': -100.0, 'from_period': '2023-09-30', 'to_period': '2026-06-30', 'available_on': '', 'available_on_first': '2023-11-13', 'holders_series': [1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 0]}
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$49.9M
Insider buyers vs sellers内部人买家vs卖家
0 : 5
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。