Shares of Curbline Properties Corp. (NYSE:CURB – Get Free Report) have received an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $32.33.
A number of equities analysts have recently commented on CURB shares. Piper Sandler lowered their price objective on Curbline Properties from $39.00 to $38.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. Citigroup raised their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Truist Financial started coverage on shares of Curbline Properties in a report on Thursday, October 1st. They set a “buy” rating and a $33.00 price target for the company. Finally, KeyCorp increased their price objective on shares of Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th.
View Our Latest Research Report on CURB
Curbline Properties Stock Down 0.0%
Shares of Curbline Properties stock traded down $0.01 during trading hours on Friday, reaching $26.55. 1,274,712 shares of the company were exchanged, compared to its average volume of 1,569,374. The firm has a market cap of $3.05 billion, a PE ratio of 98.34 and a beta of 0.53. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63. Curbline Properties has a 1 year low of $22.30 and a 1 year high of $32.15. The stock’s fifty day moving average is $28.84 and its 200 day moving average is $29.03.
Curbline Properties (NYSE:CURB – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.27. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%. The firm had revenue of $63.30 million during the quarter, compared to analyst estimates of $57.25 million. During the same period last year, the business posted $0.26 earnings per share. Curbline Properties’s revenue was up 52.9% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, equities research analysts forecast that Curbline Properties will post 1.25 earnings per share for the current year.
Curbline Properties Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 29th were paid a $0.17 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $0.68 dividend on an annualized basis and a yield of 2.6%. Curbline Properties’s dividend payout ratio (DPR) is currently 251.85%.
Insider Activity
In other news, EVP Conor Fennerty sold 55,105 shares of the firm’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $30.38, for a total transaction of $1,674,089.90. Following the sale, the executive vice president owned 153,909 shares of the company’s stock, valued at approximately $4,675,755.42. This trade represents a 26.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Alexander Otto sold 221,812 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $29.68, for a total value of $6,583,380.16. Following the sale, the director owned 6,586,370 shares of the company’s stock, valued at approximately $195,483,461.60. The trade was a 3.26% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,446,890 shares of company stock valued at $43,452,298. Insiders own 8.70% of the company’s stock.
Institutional Trading of Curbline Properties
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CURB. BlackRock Inc. acquired a new stake in Curbline Properties in the second quarter valued at about $531,338,000. Principal Financial Group Inc. boosted its holdings in Curbline Properties by 110.3% in the 1st quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock valued at $133,489,000 after purchasing an additional 2,714,859 shares in the last quarter. Alyeska Investment Group L.P. increased its position in Curbline Properties by 50.2% during the 2nd quarter. Alyeska Investment Group L.P. now owns 3,457,221 shares of the company’s stock worth $105,100,000 after purchasing an additional 1,155,731 shares during the period. Deutsche Bank AG acquired a new position in Curbline Properties during the 2nd quarter worth approximately $62,145,000. Finally, Wellington Management Group LLP raised its stake in shares of Curbline Properties by 138.3% during the 2nd quarter. Wellington Management Group LLP now owns 1,987,340 shares of the company’s stock worth $60,415,000 after buying an additional 1,153,326 shares in the last quarter.
About Curbline Properties
Curbline Properties Corp. (NYSE: CURB) is a real estate investment trust focused on owning, operating, acquiring and managing convenience-oriented retail properties in the United States. Its portfolio is designed to serve everyday consumer needs and is generally located in established, high-traffic neighborhoods.
The company’s properties are typically smaller-format, open-air retail centers occupied by service providers, restaurants, healthcare operators, grocery and other convenience-focused businesses.
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