Curbline Properties (NYSE:CURB) Receives $25.68 Consensus Target Price from Analysts

Shares of Curbline Properties (NYSE:CURB) have been given an average rating of “Hold” by the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $25.68.

Several brokerages have recently weighed in on CURB. Morgan Stanley decreased their target price on shares of Curbline Properties from $27.00 to $26.00 and set an “equal weight” rating for the company in a research note on Thursday, April 24th. Compass Point increased their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th. Finally, Piper Sandler increased their target price on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 12th.

Curbline Properties Price Performance

Shares of CURB opened at $22.70 on Friday. Curbline Properties has a 1-year low of $20.16 and a 1-year high of $25.69. The firm has a fifty day moving average price of $23.09 and a 200 day moving average price of $23.63.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings results on Thursday, April 24th. The company reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. The company had revenue of $38.44 million during the quarter, compared to analysts’ expectations of $34.51 million. Curbline Properties’s revenue was up 38.2% compared to the same quarter last year. As a group, equities analysts expect that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 18th will be paid a dividend of $0.16 per share. The ex-dividend date is Wednesday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 2.82%.

Institutional Investors Weigh In On Curbline Properties

A number of hedge funds have recently added to or reduced their stakes in CURB. SG Americas Securities LLC acquired a new stake in Curbline Properties in the fourth quarter valued at about $316,000. KBC Group NV acquired a new stake in Curbline Properties in the fourth quarter valued at about $89,000. abrdn plc acquired a new stake in Curbline Properties in the fourth quarter valued at about $16,081,000. Yousif Capital Management LLC acquired a new stake in Curbline Properties in the fourth quarter valued at about $835,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in Curbline Properties in the fourth quarter valued at about $219,000.

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.