Curbline Properties (NYSE:CURB) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen cut shares of Curbline Properties (NYSE:CURB) from a sell rating to a strong sell rating in a report published on Saturday.

Other analysts also recently issued reports about the company. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, March 25th. KeyCorp increased their price target on Curbline Properties from $27.00 to $28.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Piper Sandler increased 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. Wolfe Research upgraded Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price target for the company in a report on Monday, January 12th. Finally, Truist Financial raised their target price on Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Curbline Properties currently has a consensus rating of “Moderate Buy” and an average price target of $28.13.

Curbline Properties Stock Down 2.2%

Shares of NYSE CURB opened at $27.62 on Friday. Curbline Properties has a 12-month low of $21.62 and a 12-month high of $28.65. The company has a market cap of $2.91 billion, a P/E ratio of 72.67 and a beta of 0.48. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.09. The stock has a fifty day moving average price of $26.81 and a 200 day moving average price of $24.71.

Curbline Properties (NYSE:CURB) last announced its quarterly 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). Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. The company had revenue of $54.15 million during the quarter, compared to analyst estimates of $52.15 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The firm’s revenue for the quarter was up 55.2% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Research analysts anticipate that Curbline Properties will post 1.19 EPS for the current fiscal year.

Curbline Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 18th were paid a dividend of $0.17 per share. This is a boost from Curbline Properties’s previous quarterly dividend of $0.16. This represents a $0.68 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Wednesday, March 18th. Curbline Properties’s payout ratio is 178.95%.

Insider Buying and Selling at Curbline Properties

In other news, CEO David R. Lukes sold 83,663 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was 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 directly owned 506,597 shares in the company, valued at $13,591,997.51. This trade represents a 14.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.70% of the stock is owned by corporate insiders.

Institutional Trading of Curbline Properties

Large investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its stake in shares of 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 acquiring an additional 654 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Curbline Properties by 393.7% during the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after acquiring an additional 1,626 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Curbline Properties by 33.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock valued at $64,000 after acquiring an additional 694 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its stake in shares of Curbline Properties by 25.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after acquiring an additional 1,672 shares in the last quarter. Finally, BNP Paribas Financial Markets grew 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 worth $215,000 after purchasing an additional 2,091 shares in the last quarter.

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.