CBL & Associates Properties Inc. (CBL): Today's Featured Financial Loser

CBL & Associates Properties ( CBL) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day up 1.2%. By the end of trading, CBL & Associates Properties fell 27 cents (-1.4%) to $18.45 on heavy volume. Throughout the day, 2.9 million shares of CBL & Associates Properties exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in price between $18.36-$18.92 after having opened the day at $18.80 as compared to the previous trading day's close of $18.72. Other company's within the Financial sector that declined today were: Princeton National Bancorp ( PNBC), down 10.4%, Independent Bank Corp (Ionia MI ( IBCP), down 9.1%, Credit Suisse ( SCPR), down 8.6%, and Severn Bancorp ( SVBI), down 8.5%.

CBL & Associates Properties, Inc. is a public real estate investment trust. It engages in acquisition, development, and management of properties. The fund invests in the real estate markets of United States. Its portfolio consists of enclosed malls and open-air centers. CBL & Associates Properties has a market cap of $2.77 billion and is part of the real estate industry. The company has a P/E ratio of 40.5, above the average real estate industry P/E ratio of 38.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 18.7% year to date as of the close of trading on Monday. Currently there are six analysts that rate CBL & Associates Properties a buy, two analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates CBL & Associates Properties as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally poor debt management.

On the positive front, National Bank of Greece ( NBG), up 15.9%, Kingsway Financial Services ( KFS), up 15%, Credit Suisse ( DGAZ), up 10%, and Village Bank and Trust Financial Corporatio ( VBFC), up 9.6%, were all gainers within the financial sector with Wells Fargo ( WFC) being today's featured financial sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).
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