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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

CBL & Associates Properties ( CBL) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.5%. By the end of trading, CBL & Associates Properties rose 39 cents (1.8%) to $21.72 on average volume. Throughout the day, 1.8 million shares of CBL & Associates Properties exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in a price between $21.34-$21.72 after having opened the day at $21.35 as compared to the previous trading day's close of $21.33. Other companies within the Financial sector that increased today were: Altisource Residential Corporation ( RESI), up 22%, IFM Investments ( CTC), up 17.6%, First Financial Service Corporation ( FFKY), up 16.9%, and Parke Bancorp ( PKBK), up 16%.
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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 $3.43 billion and is part of the real estate industry. The company has a P/E ratio of 30.8, above the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Friday. Currently there are eight analysts that rate CBL & Associates Properties a buy, three analysts rate it a sell, and two 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 solid stock price performance, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins.

On the negative front, Broadway Financial ( BYFC), down 13%, Porter Bancorp ( PBIB), down 12.2%, Patriot National Bancorp ( PNBK), down 11.9%, and Jacksonville Bancorp Inc (FL ( JAXB), down 8.9%, were all laggards within the financial sector with Citigroup ( C) being today's financial sector laggard.

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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