Curbline Properties (NYSE:CURB) Reaches New 1-Year High – Should You Buy?

Shares of Curbline Properties Corp. (NYSE:CURB) hit a new 52-week high during trading on Monday . The company traded as high as $31.90 and last traded at $31.63, with a volume of 92508 shares traded. The stock had previously closed at $31.64.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CURB shares. KeyCorp raised their price objective on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Piper Sandler upped their target price on shares of Curbline Properties from $32.00 to $39.00 and gave the company an “overweight” rating in a research note on Tuesday. Wall Street Zen downgraded shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a report on Monday, May 4th. Weiss Ratings lowered shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Finally, Citigroup boosted their price objective on shares of Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.44.

Curbline Properties Price Performance

The company has a market cap of $3.62 billion, a P/E ratio of 102.27 and a beta of 0.51. The stock has a 50-day simple moving average of $29.80 and a 200 day simple moving average of $27.43. 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 (NYSE:CURB) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.23. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.The business had revenue of $57.99 million for the quarter, compared to analysts’ expectations of $53.34 million. During the same period in the previous year, the business posted $0.24 earnings per share. 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. On average, equities analysts expect that Curbline Properties Corp. will post 1.22 EPS for the current year.

Curbline Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.1%. Curbline Properties’s dividend payout ratio (DPR) is presently 219.35%.

Institutional Investors Weigh In On Curbline Properties

Several large investors have recently made changes to their positions in CURB. Rockefeller Capital Management L.P. increased its position in shares of Curbline Properties by 125.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 654 shares in the last quarter. Parallel Advisors LLC boosted its position 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 buying an additional 1,626 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in 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 worth $64,000 after buying an additional 694 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its stake in 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 worth $189,000 after buying an additional 1,672 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Curbline Properties by 28.5% during the second quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock worth $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.