Curbline Properties (NYSE:CURB) Sets New 1-Year High – Here’s What Happened

Shares of Curbline Properties Corp. (NYSE:CURB) hit a new 52-week high on Monday . The stock traded as high as $29.58 and last traded at $29.4680, with a volume of 22438 shares trading hands. The stock had previously closed at $29.27.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on CURB shares. Morgan Stanley upped their price target on Curbline Properties from $29.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Piper Sandler upped their price target on Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. 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 research note on Monday, May 4th. Citigroup upped their price target on Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, KeyCorp upped their price target on Curbline Properties from $28.00 to $30.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $29.44.

Curbline Properties Price Performance

The company has a 50-day simple moving average of $27.85 and a 200-day simple moving average of $25.90. The stock has a market cap of $3.14 billion, a PE ratio of 96.00 and a beta of 0.55. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.20 and a quick ratio of 1.20.

Curbline Properties (NYSE:CURB) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.23. The firm 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 revenue was up 51.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.24 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Sell-side analysts anticipate that Curbline Properties Corp. will post 1.22 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

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 2.3%. Curbline Properties’s dividend payout ratio is presently 219.35%.

Insider Transactions at Curbline Properties

In other Curbline Properties news, CEO David R. Lukes sold 83,663 shares of the stock in a transaction 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 transaction, the chief executive officer owned 506,597 shares in the company, valued at approximately $13,591,997.51. This represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 8.70% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CURB. Rockefeller Capital Management L.P. raised its position 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 worth $27,000 after acquiring an additional 654 shares in the last quarter. Parallel Advisors LLC increased its position in shares of 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 buying an additional 1,626 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of 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 buying an additional 694 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its position in shares of 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 buying an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of 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 buying an additional 2,091 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.