Curbline Properties Corp. (NYSE:CURB) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Curbline Properties Corp. (NYSE:CURB) has earned an average recommendation of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $28.1250.

CURB has been the subject of several analyst reports. Morgan Stanley increased their price target on shares of Curbline Properties from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Wolfe Research upgraded shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price objective on the stock in a research report on Monday, January 12th. UBS Group set a $27.00 price objective on shares of Curbline Properties in a research note on Thursday, December 4th. Truist Financial increased their target price on shares of Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, Weiss Ratings raised Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 25th.

Insider Buying and Selling at Curbline Properties

In other news, CEO David R. Lukes sold 83,663 shares of Curbline Properties stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $26.83, for a total value of $2,244,678.29. Following the sale, the chief executive officer directly owned 506,597 shares in the company, valued at approximately $13,591,997.51. This trade represents a 14.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 8.60% of the company’s stock.

Institutional Trading of Curbline Properties

Large investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. increased its position in Curbline Properties by 125.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 654 shares during the period. Parallel Advisors LLC lifted its position in shares of Curbline Properties by 393.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after purchasing an additional 1,626 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Curbline Properties by 33.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after purchasing an additional 694 shares during the period. Federation des caisses Desjardins du Quebec boosted its stake in shares of Curbline Properties by 25.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after purchasing an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after purchasing an additional 2,091 shares in the last quarter.

Curbline Properties Price Performance

Shares of Curbline Properties stock opened at $25.62 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.14 and a quick ratio of 1.14. Curbline Properties has a one year low of $20.91 and a one year high of $28.65. The business’s 50 day simple moving average is $26.04 and its two-hundred day simple moving average is $24.24. The stock has a market capitalization of $2.70 billion, a P/E ratio of 67.43 and a beta of 0.26.

Curbline Properties (NYSE:CURB) last released its quarterly earnings data on Monday, February 9th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.18). Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. The company had revenue of $54.15 million for the quarter, compared to analysts’ expectations of $52.15 million. During the same period last year, the company posted $0.11 EPS. The business’s revenue for the quarter was up 55.2% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Analysts forecast that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 18th will be issued a $0.17 dividend. This is an increase from Curbline Properties’s previous quarterly dividend of $0.16. The ex-dividend date is Wednesday, March 18th. This represents a $0.68 annualized dividend and a yield of 2.7%. Curbline Properties’s dividend payout ratio (DPR) is 178.95%.

About Curbline Properties

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.