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

Shares of Curbline Properties Corp. (NYSE:CURB) have been assigned an average rating of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $29.4444.

A number of research firms recently weighed in on CURB. JPMorgan Chase & Co. upped their price target on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Morgan Stanley boosted their price objective on Curbline Properties from $29.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Citigroup boosted their price objective on Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Wall Street Zen lowered Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. Finally, Piper Sandler boosted 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.

Insider Activity at Curbline Properties

In related news, CEO David R. Lukes sold 83,663 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $26.83, for a total value 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 approximately $13,591,997.51. This trade represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 8.70% of the company’s stock.

Institutional Trading of Curbline Properties

Several hedge funds have recently modified their holdings of CURB. Rockefeller Capital Management L.P. raised its stake in Curbline Properties by 125.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after buying an additional 654 shares in the last quarter. Parallel Advisors LLC increased its stake in Curbline Properties by 393.7% in the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after purchasing an additional 1,626 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake 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 valued at $64,000 after purchasing an additional 694 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its stake in Curbline Properties by 25.9% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after purchasing an additional 1,672 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in Curbline Properties by 28.5% in the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after purchasing an additional 2,091 shares during the last quarter.

Curbline Properties Stock Up 1.2%

Shares of CURB opened at $29.32 on Friday. Curbline Properties has a 52 week low of $21.62 and a 52 week high of $29.49. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $3.09 billion, a price-to-earnings ratio of 94.58 and a beta of 0.55. The stock’s 50-day moving average price is $27.69 and its 200-day moving average price is $25.79.

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

Curbline Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, June 18th. Curbline Properties’s dividend payout ratio (DPR) is currently 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.