Curbline Properties Corp. (NYSE:CURB) Receives Average Rating of “Moderate Buy” from Analysts

Curbline Properties Corp. (NYSE:CURBGet Free Report) has earned an average recommendation of “Moderate Buy” from the nine brokerages that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $32.2222.

A number of equities research analysts have weighed in on CURB shares. Morgan Stanley reaffirmed an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a research report on Thursday, June 18th. Piper Sandler dropped their target price on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, August 27th. Citigroup increased their price objective on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Finally, KeyCorp raised their price objective on Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th.

Read Our Latest Stock Report on CURB

Curbline Properties Stock Performance

Curbline Properties stock opened at $28.69 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market capitalization of $3.30 billion, a P/E ratio of 106.26 and a beta of 0.49. Curbline Properties has a 1-year low of $22.08 and a 1-year high of $32.15. The company’s 50-day moving average is $30.03 and its 200 day moving average is $28.89.

Curbline Properties (NYSE:CURBGet Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.04 by $0.27. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The company had revenue of $63.30 million for the quarter, compared to the consensus estimate of $57.25 million. During the same quarter in the prior year, the company posted $0.26 EPS. Curbline Properties’s quarterly revenue was up 52.9% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Research analysts forecast that Curbline Properties will post 1.25 EPS for the current year.

Curbline Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 29th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 29th. Curbline Properties’s payout ratio is currently 251.85%.

Insider Activity at Curbline Properties

In other news, Director Alexander Otto sold 2,344 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $29.51, for a total value of $69,171.44. Following the completion of the sale, the director owned 6,550,914 shares of the company’s stock, valued at $193,317,472.14. This trade represents a 0.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 1,446,890 shares of company stock worth $43,452,298. Corporate insiders own 8.70% of the company’s stock.

Institutional Investors Weigh In On Curbline Properties

Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in shares of Curbline Properties in the 2nd quarter valued at $531,338,000. Principal Financial Group Inc. increased its holdings in shares of Curbline Properties by 110.3% in the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock valued at $133,489,000 after purchasing an additional 2,714,859 shares during the period. Deutsche Bank AG purchased a new position in shares of Curbline Properties in the second quarter worth about $62,145,000. Jupiter Topco LLC acquired a new stake in shares of Curbline Properties during the second quarter worth about $46,975,000. Finally, Alyeska Investment Group L.P. raised its position in Curbline Properties by 50.2% during the 2nd quarter. Alyeska Investment Group L.P. now owns 3,457,221 shares of the company’s stock worth $105,100,000 after buying an additional 1,155,731 shares during the last quarter.

Curbline Properties Company Profile

(Get Free Report)

Curbline Properties Corporation (NYSE: CURB) is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.

The company’s properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.

Further Reading

Analyst Recommendations for Curbline Properties (NYSE:CURB)

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