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

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

CURB has been the subject of a number of research reports. Piper Sandler upped their target price on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. KeyCorp lifted their target price on Curbline Properties from $28.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Weiss Ratings lowered shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. Citigroup increased their target price 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, Truist Financial raised their price target on shares of Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, March 5th.

Curbline Properties Price Performance

Curbline Properties stock opened at $27.72 on Wednesday. The stock has a market capitalization of $2.93 billion, a P/E ratio of 89.42 and a beta of 0.52. The company’s fifty day moving average price is $27.05 and its 200 day moving average price is $25.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.20 and a current ratio of 1.20. Curbline Properties has a 1 year low of $21.62 and a 1 year high of $28.94.

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 the consensus estimate of $0.05 by $0.23. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The firm 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. The company’s revenue for the quarter was up 51.0% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. As a group, equities research analysts anticipate that Curbline Properties will post 1.22 earnings per share for the current fiscal year.

Curbline Properties Announces Dividend

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

Insider Activity at Curbline Properties

In other news, CEO David R. Lukes sold 83,663 shares of the stock in a transaction dated 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 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 position. 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 Trading of Curbline Properties

Several institutional investors and hedge funds have recently bought and sold shares of CURB. Bank of America Corp DE lifted its stake in shares of Curbline Properties by 39.4% in the 1st quarter. Bank of America Corp DE now owns 645,997 shares of the company’s stock worth $16,660,000 after acquiring an additional 182,424 shares during the period. Anson Funds Management LP acquired a new stake in Curbline Properties in the 1st quarter valued at about $1,315,000. Amundi grew its position in shares of Curbline Properties by 7.6% in the first quarter. Amundi now owns 51,967 shares of the company’s stock valued at $1,340,000 after purchasing an additional 3,674 shares during the last quarter. California State Teachers Retirement System increased its position in Curbline Properties by 32.1% during the first quarter. California State Teachers Retirement System now owns 115,367 shares of the company’s stock worth $2,975,000 after buying an additional 28,022 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in Curbline Properties by 138.0% in the 1st quarter. Royal Bank of Canada now owns 11,137 shares of the company’s stock valued at $287,000 after purchasing an additional 6,457 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.