Curbline Properties (NYSE:CURB) Shares Gap Down – What’s Next?

Curbline Properties Corp. (NYSE:CURB)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $31.27, but opened at $29.79. Curbline Properties shares last traded at $30.2340, with a volume of 1,495,910 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Citigroup lifted their target price on shares of Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. upped their price target on shares of Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. KeyCorp increased their price target on Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Weiss Ratings lowered Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Finally, Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Curbline Properties presently has an average rating of “Moderate Buy” and an average target price of $29.67.

Curbline Properties Trading Down 1.5%

The business has a 50 day moving average of $29.01 and a two-hundred day moving average of $26.69. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 96.63 and a beta of 0.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.20 and a current ratio of 1.20.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.23. The firm had revenue of $57.99 million during the quarter, compared to analysts’ expectations of $53.34 million. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.The company’s revenue for the quarter was up 51.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.24 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Equities analysts predict that Curbline Properties Corp. will post 1.22 EPS for the current year.

Curbline Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be given a $0.17 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.68 annualized dividend and a yield of 2.3%. Curbline Properties’s dividend payout ratio (DPR) is presently 219.35%.

Institutional Trading of Curbline Properties

A number of hedge funds and other institutional investors have recently bought and sold shares of CURB. Rockefeller Capital Management L.P. lifted its stake in shares of Curbline Properties by 125.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after buying an additional 654 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Curbline Properties by 393.7% during the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after buying an additional 1,626 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Curbline Properties by 33.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after acquiring an additional 694 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its position in shares of Curbline Properties by 25.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after acquiring an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Curbline Properties by 28.5% during the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock worth $215,000 after acquiring an additional 2,091 shares in the last quarter.

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.