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

Shares of Curbline Properties Corp. (NYSE:CURB) have been given an average rating of “Moderate Buy” by the eight ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $27.6250.

Several research firms have recently commented on CURB. Morgan Stanley boosted their price target on shares of Curbline Properties from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Wolfe Research raised shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price objective for the company in a research note on Monday, January 12th. Truist Financial set a $27.00 target price on Curbline Properties in a research report on Tuesday, January 20th. KeyCorp lifted their price target on Curbline Properties from $27.00 to $28.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Finally, Piper Sandler upped their price objective on Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th.

Curbline Properties Stock Up 0.3%

Shares of NYSE CURB opened at $28.21 on Friday. Curbline Properties has a 52-week low of $20.91 and a 52-week high of $28.33. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 74.24 and a beta of 0.48. The stock has a 50 day moving average price of $24.64 and a 200 day moving average price of $23.57. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.14 and a current ratio of 1.14.

Curbline Properties (NYSE:CURB) last issued its earnings results 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 firm had revenue of $54.15 million for the quarter, compared to the consensus estimate of $52.15 million. During the same period last year, the firm earned $0.11 earnings per share. The company’s revenue for the quarter was up 55.2% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Sell-side analysts expect that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Increases Dividend

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

Hedge Funds Weigh In On Curbline Properties

A number of large investors have recently made changes to their positions in the business. Maryland State Retirement & Pension System lifted its holdings in shares of Curbline Properties by 3.8% during the 4th quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company’s stock valued at $332,000 after purchasing an additional 525 shares during the last quarter. ProShare Advisors LLC raised its stake in Curbline Properties by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after buying an additional 592 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Curbline Properties by 33.5% in 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. GSI Capital Advisors LLC grew its stake in shares of Curbline Properties by 0.5% during the fourth quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock worth $3,669,000 after acquiring an additional 750 shares during the last quarter. Finally, Amalgamated Bank increased its holdings in shares of Curbline Properties by 3.3% during the third quarter. Amalgamated Bank now owns 27,991 shares of the company’s stock valued at $624,000 after acquiring an additional 906 shares in the last quarter.

Curbline Properties Company Profile

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.