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

Shares of Curbline Properties Corp. (NYSE:CURB) have received an average rating of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $28.1250.

Several research analysts recently weighed in on the company. Piper Sandler upped their price target on Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. UBS Group set a $27.00 price objective on Curbline Properties in a research report on Thursday, December 4th. Morgan Stanley lifted their target price on Curbline Properties from $27.00 to $29.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Weiss Ratings raised shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Finally, Truist Financial raised their price target on shares of Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, March 5th.

Curbline Properties Trading Down 0.1%

Curbline Properties stock opened at $25.63 on Tuesday. Curbline Properties has a 52 week low of $20.91 and a 52 week high of $28.65. 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 firm has a market capitalization of $2.71 billion, a price-to-earnings ratio of 67.45 and a beta of 0.27. The company has a 50 day moving average price of $26.02 and a 200 day moving average price of $24.20.

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

Curbline Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 18th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, March 18th. This is a positive change from Curbline Properties’s previous quarterly dividend of $0.16. Curbline Properties’s payout ratio is currently 178.95%.

Insider Activity

In other Curbline Properties news, CEO David R. Lukes sold 83,663 shares of Curbline Properties stock in a transaction on Monday, March 16th. The shares were sold at an average price of $26.83, for a total transaction of $2,244,678.29. Following the completion of the sale, the chief executive officer owned 506,597 shares of the company’s stock, valued at $13,591,997.51. This trade represents a 14.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 8.60% of the stock is owned by company insiders.

Institutional Trading of Curbline Properties

Several hedge funds and other institutional investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. boosted its position in Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 654 shares during the last quarter. Parallel Advisors LLC increased its position in Curbline Properties by 393.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after purchasing an additional 1,626 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of 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 purchasing an additional 694 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its stake in shares of 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 purchasing an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after buying an additional 2,091 shares during 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.