Curbline Properties Corp. (NYSE:CURB) Declares Quarterly Dividend of $0.16

Curbline Properties Corp. (NYSE:CURB) declared a quarterly dividend on Wednesday, December 10th. Stockholders of record on Monday, December 22nd will be paid a dividend of 0.16 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, December 22nd.

Curbline Properties Price Performance

Shares of NYSE CURB traded up $0.19 during midday trading on Thursday, hitting $23.04. The company had a trading volume of 54,690 shares, compared to its average volume of 616,540. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 57.57 and a beta of 0.45. Curbline Properties has a twelve month low of $20.91 and a twelve month high of $25.69. The business has a 50-day simple moving average of $23.39 and a two-hundred day simple moving average of $22.88. The company has a quick ratio of 9.99, a current ratio of 9.99 and a debt-to-equity ratio of 0.21.

Curbline Properties (NYSE:CURB) last issued its earnings results on Tuesday, October 28th. The company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.09. Curbline Properties had a net margin of 25.51% and a return on equity of 2.19%. The company had revenue of $48.65 million during the quarter, compared to analysts’ expectations of $43.29 million. Curbline Properties’s revenue for the quarter was up 63.1% on a year-over-year basis. Curbline Properties has set its FY 2025 guidance at 1.030-1.040 EPS. Equities research analysts anticipate that Curbline Properties will post 1 earnings per share for the current year.

Analyst Ratings Changes

CURB has been the subject of several research reports. KeyCorp raised Curbline Properties from a “sector weight” rating to an “overweight” rating and set a $27.00 price objective for the company in a report on Thursday, December 4th. Morgan Stanley upgraded Curbline Properties to an “overweight” rating in a research report on Friday, October 3rd. UBS Group set a $27.00 price target on Curbline Properties in a research note on Thursday, December 4th. LADENBURG THALM/SH SH assumed coverage on shares of Curbline Properties in a research note on Tuesday, September 9th. They issued a “neutral” rating and a $25.00 price objective on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Curbline Properties in a report on Monday. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $26.75.

Curbline Properties Company Profile

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.