Curbline Properties (NYSE:CURB) Hits New 1-Year High – Still a Buy?

Curbline Properties Corp. (NYSE:CURB) reached a new 52-week high on Thursday . The stock traded as high as $28.33 and last traded at $28.1040, with a volume of 947037 shares changing hands. The stock had previously closed at $27.63.

Analyst Ratings Changes

Several research firms have recently commented on CURB. Morgan Stanley raised their price objective on shares of Curbline Properties from $27.00 to $29.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. UBS Group set a $27.00 target price on shares of Curbline Properties in a report on Thursday, December 4th. KeyCorp raised their price target on shares of Curbline Properties from $27.00 to $28.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Wolfe Research upgraded shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price target for the company in a research note on Monday, January 12th. Finally, Citigroup raised Curbline Properties from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $25.00 to $27.00 in a research report on Wednesday, November 19th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.63.

Curbline Properties Trading Up 1.7%

The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.14 and a current ratio of 1.14. The company’s 50-day moving average price is $24.54 and its 200-day moving average price is $23.53. The firm has a market capitalization of $2.96 billion, a PE ratio of 73.96 and a beta of 0.48.

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

Curbline Properties Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 18th will be paid a dividend of $0.17 per share. The ex-dividend date is Wednesday, March 18th. This is a positive change from Curbline Properties’s previous quarterly dividend of $0.16. This represents a $0.68 annualized dividend and a yield of 2.4%. Curbline Properties’s dividend payout ratio (DPR) is presently 168.42%.

Hedge Funds Weigh In On Curbline Properties

Several hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC raised its holdings in Curbline Properties by 393.7% during the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after purchasing an additional 1,626 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Curbline Properties by 33.5% during the 4th 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 raised its stake in 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 worth $189,000 after acquiring an additional 1,672 shares in the last quarter. BNP Paribas Financial Markets lifted its position in Curbline Properties by 28.5% in the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after acquiring an additional 2,091 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Curbline Properties by 120.5% in the second quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company’s stock valued at $220,000 after acquiring an additional 5,268 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.