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

Curbline Properties Corp. (NYSE:CURB) has earned an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $29.4444.

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Morgan Stanley lifted their price objective on Curbline Properties from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Truist Financial boosted their target price on Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Wall Street Zen downgraded Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. Finally, Piper Sandler raised their price target on Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th.

Insider Buying and Selling

In other Curbline Properties news, CEO David R. Lukes sold 83,663 shares of the business’s 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 sale, the chief executive officer directly owned 506,597 shares in the company, valued at approximately $13,591,997.51. The trade was a 14.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 8.70% of the company’s stock.

Institutional Trading of Curbline Properties

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Westpac Banking Corp boosted its holdings in Curbline Properties by 111.1% during the first quarter. Westpac Banking Corp now owns 116,447 shares of the company’s stock worth $3,003,000 after buying an additional 61,282 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Curbline Properties by 3.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,443,492 shares of the company’s stock valued at $37,227,000 after acquiring an additional 54,661 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Curbline Properties during the 1st quarter valued at approximately $224,000. Principal Financial Group Inc. boosted its stake in shares of Curbline Properties by 110.3% during the 1st quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after acquiring an additional 2,714,859 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Curbline Properties by 21.9% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 67,779 shares of the company’s stock worth $1,748,000 after acquiring an additional 12,173 shares in the last quarter.

Curbline Properties Price Performance

Shares of NYSE CURB opened at $27.73 on Wednesday. The stock has a fifty day moving average price of $27.08 and a 200 day moving average price of $25.18. Curbline Properties has a 1-year low of $21.62 and a 1-year high of $28.94. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market cap of $2.93 billion, a PE ratio of 89.44 and a beta of 0.52.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.23. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The company had revenue of $57.99 million during the quarter, compared to the consensus estimate of $53.34 million. During the same quarter in the prior year, the firm earned $0.24 EPS. Curbline Properties’s quarterly revenue was up 51.0% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Sell-side analysts forecast that Curbline Properties will post 1.22 EPS for the current year.

Curbline Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a $0.17 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.68 annualized dividend and a yield of 2.5%. Curbline Properties’s dividend payout ratio is presently 219.35%.

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.