CBL & Associates Properties, Inc. (CBL) Fair Value 2026

CBL · REIT - Retail ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

7.2 /10

32 fundamental signals · 7 models active

Value Trap Risk

SAFE (12/100)

Quick Summary — As of 2026-08-28, CBL & Associates Properties, Inc. (CBL) trades at $55.04, versus a $61.16 median fair value across its 7 active models — 11.1% above the current price. QOC: 7.2/10. Value Trap Risk: 12/100 (SAFE). 7/13 models active.

Key Facts

Ticker
CBL
Price
$55.04
Quality Score
7.2/10
Value Trap Risk
12/100
Models Active
7/13
Last Updated
Strength: CUCE Ensemble suggests +11.1% upside with 17% confidence
Risk: Limited model coverage (7/13) may reduce confidence

Is CBL & Associates Properties, Inc. (CBL) Undervalued or Overvalued in 2026?

According to CirclFi’s 7-model valuation engine, CBL & Associates Properties, Inc. (CBL) appears undervalued as of : the median of 7 independent fair value estimates is $61.16, 11.1% above the current price of $55.04. Estimates range from $37.34 to $104.23. CBL scores 7.2/10 on fundamental quality and 12/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. CBL’s +11.1% gap is narrower than that market norm, and the REIT - Retail sector median is -43.5%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy CBL & Associates Properties, Inc. Stock in 2026? →

What Fair Value Does Each Model Give CBL?

7 Intrinsic Value Models vs. Current Price ($55.04)

Core Models (Unlocked)
Model Fair Value Upside
Ensemble · Low Conviction
 $61.16 +11.1%
Intrinsic · High Conviction
 $37.34 -32.2%
Intrinsic · Medium Conviction
 $58.05 +5.5%
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What Is CBL's Fair Value Range?

Spread across 7 independent models · $37.34 to $104.23

CirclFi's 7 active models place CBL & Associates Properties, Inc. (CBL) between $37.34 and $104.23 per share, a spread of 109% of the median. The median of that range — $61.16 — is the fair value CirclFi publishes for CBL, against a current price of $55.04.

Low · Markov DDMHigh · Sentiment SOTP
$37.34median $61.16$104.23
Where the range comes from
Most bearish modelMarkov DDM$37.34
Most bullish modelSentiment SOTP$104.23
Model agreement5 bullish · 2 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for CBL. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on CBL, not a CirclFi price target. How each model works →

What Is CBL & Associates Properties, Inc. (CBL) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, CBL & Associates Properties, Inc.'s intrinsic value is estimated at $61.16, suggesting a +11.1% median upside from the current price of $55.04. While 5 models see room for appreciation, model agreement is not unanimous as 2 models flag potential overvaluation. Model dispersion is worth noting: Sentiment SOTP targets $104.23 (+89.4%), versus Markov DDM at $37.34 (-32.2%). This +121.5% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About CBL?

7 of 13 models are currently active for CBL. Of these, 5 models suggest upside while 2 models suggest overvaluation. Taken together, their median fair value for CBL is $61.16 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does CBL Rank in REIT - Retail?

Among 26 REIT - Retail stocks, CBL ranks #20 by Quality of Company score. CirclFi's QOC score of 7.2/10 evaluates 32 fundamental signals. A score of 7.2 indicates above-average quality.

As a consumer-facing company, CBL & Associates Properties, Inc. operates in a sector where store traffic trends is a critical driver of valuation. Investors evaluating CBL should weigh these sector-specific dynamics alongside our model-derived fair values.

Is CBL a Value Trap?

CirclFi's Value Trap algorithm assigns CBL a score of 12/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

7 of 13 models are active for CBL & Associates Properties, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, CBL & Associates Properties, Inc. is rated at 7.2/10. This solid-tier score maintains reasonable quality metrics with some areas for improvement.

The gap between the most bullish and bearish model spans +121.5% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every CBL valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across CBL's 7 active models, average confidence is 35%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy CBL & Associates Properties, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar REIT - Retail Stocks Should You Also Analyze?

11 related REIT - Retail stocks with 13-model coverage

CURBCurbline Properties Corp.QOC 7.3UEUrban Edge PropertiesQOC 7.2KIMKimco Realty CorporationQOC 7.4ALXAlexander's, Inc.QOC 7.1NNNNNN REIT, Inc.QOC 7.4PINEAlpine Income Property Trust, Inc.QOC 6.8SKTTanger Inc.QOC 3.5ORealty Income CorporationQOC 7.9SITCSITE Centers Corp.QOC 7.6FRTFederal Realty Investment TrustQOC 8.9REGRegency Centers CorporationQOC 8.6

Read investment analysis: CURB · UE · KIM · ALX · NNN · PINE · SKT · O · SITC · FRT · REG

Which Other Stocks Have a Similar Quality Score to CBL?

7 companies across all industries closest to CBL’s Quality of Company score of 7.2/10.

MTXMinerals Technologies Inc.QOC 7.2WALWestern Alliance BancorporationQOC 7.2AEBIAebi Schmidt Holding AGQOC 7.2CTRNCiti Trends, Inc.QOC 7.2GHGGreenTree Hospitality Group Ltd.QOC 7.2PROVProvident Financial Holdings, Inc.QOC 7.2NVDANVIDIA CorporationQOC 10.0

Read investment analysis: MTX · WAL · AEBI · CTRN · GHG · PROV · NVDA

What Else Do Investors Ask About CBL & Associates Properties, Inc.’s Valuation?

What is CBL & Associates Properties, Inc.'s intrinsic value in 2026?

CirclFi puts CBL & Associates Properties, Inc. (CBL)'s intrinsic value at $61.16 — the median of 7 independent model estimates as of 2026-08-28, ranging from $37.34 to $104.23. The Quality of Company score is 7.2/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is CBL overvalued or undervalued right now?

At $55.04, 5 of 7 active models suggest CBL may be undervalued, while 2 indicate potential overvaluation. The median of all 7 fair value estimates is $61.16, 11.1% above the current price of $55.04 — a consensus view that CBL is undervalued. The assessment depends on which methodology best fits CBL & Associates Properties, Inc.'s business model in REIT - Retail.

What does a Quality of Company score of 7.2 mean for CBL?

CBL & Associates Properties, Inc.'s QOC of 7.2/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on CBL?

CirclFi analyzes CBL with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 7 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on CBL?

Of the 7 models currently active on CBL, Sentiment SOTP is the most bullish at $104.23 per share, and Markov DDM is the most bearish at $37.34. CirclFi's published fair value for CBL is the median of that range, $61.16, not either extreme. The gap between the two ends equals 109% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is CBL a value trap in 2026?

CBL & Associates Properties, Inc.'s Value Trap score is 12/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 7-model valuation engine, CBL & Associates Properties, Inc. (CBL) has a median fair value of $61.16 — 11.1% above the current price of $55.04 — as of 2026-08-28.” Source: circlfi.com/stock/CBL/ · Methodology
Primary sources for this CBL valuation
  • Financial statements: CBL & Associates Properties, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000910612) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for CBL as of ; valuations recomputed .

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