Curbline Properties Corp. (NYSE:CURB) Receives Average Recommendation of “Moderate Buy” from Brokerages

Curbline Properties Corp. (NYSE:CURB) has been given an average recommendation of “Moderate Buy” by the nine brokerages that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $29.4444.

Several brokerages recently issued reports on CURB. JPMorgan Chase & Co. boosted their price target on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Weiss Ratings cut Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Wall Street Zen cut Curbline Properties from a “sell” rating to a “strong sell” rating in a research report on Monday, May 4th. Morgan Stanley boosted their price target on Curbline Properties from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Finally, Citigroup boosted their price target on Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th.

Curbline Properties Stock Up 1.2%

Curbline Properties stock opened at $29.32 on Friday. Curbline Properties has a fifty-two week low of $21.62 and a fifty-two week high of $29.49. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $3.09 billion, a P/E ratio of 94.58 and a beta of 0.55. The stock has a 50-day simple moving average of $27.69 and a 200-day simple moving average of $25.79.

Curbline Properties (NYSE:CURB) last posted its earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.23. The business had revenue of $57.99 million during the quarter, compared to the consensus estimate of $53.34 million. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.The business’s quarterly revenue was up 51.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.24 EPS. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Equities research analysts expect that Curbline Properties will post 1.22 earnings per share for the current year.

Curbline Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.17 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.68 annualized dividend and a yield of 2.3%. Curbline Properties’s 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 business’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 506,597 shares in the company, valued at approximately $13,591,997.51. The trade was a 14.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Curbline Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its holdings in shares of Curbline Properties by 43.7% in the 1st quarter. Royal Bank of Canada now owns 17,595 shares of the company’s stock worth $425,000 after acquiring an additional 5,351 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Curbline Properties by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company’s stock worth $1,367,000 after acquiring an additional 2,483 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Curbline Properties by 11.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company’s stock worth $17,596,000 after acquiring an additional 77,322 shares during the period. Jane Street Group LLC acquired a new stake in shares of Curbline Properties in the 1st quarter worth approximately $4,025,000. Finally, Intech Investment Management LLC grew its holdings in shares of Curbline Properties by 58.6% in the 1st quarter. Intech Investment Management LLC now owns 51,984 shares of the company’s stock worth $1,257,000 after acquiring an additional 19,204 shares during the period.

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.