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

Shares of Curbline Properties Corp. (NYSE:CURB) have been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $29.4444.

A number of brokerages have recently weighed in on CURB. JPMorgan Chase & Co. raised their price objective on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. KeyCorp increased their target price on Curbline Properties from $28.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Citigroup raised their price target on Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Truist Financial upped their price objective on Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Finally, Morgan Stanley increased their price objective on Curbline Properties from $29.00 to $30.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd.

Insider Activity at Curbline Properties

In other news, CEO David R. Lukes sold 83,663 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $26.83, for a total value of $2,244,678.29. Following the completion of the transaction, the chief executive officer owned 506,597 shares of the company’s stock, valued at $13,591,997.51. The trade was a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 8.70% of the stock is currently owned by company insiders.

Institutional Trading of Curbline Properties

A number of hedge funds have recently bought and sold shares of CURB. Mutual of America Capital Management LLC lifted its stake in shares of Curbline Properties by 52.2% during the 3rd quarter. Mutual of America Capital Management LLC now owns 483,968 shares of the company’s stock worth $10,792,000 after purchasing an additional 166,046 shares during the period. Strs Ohio grew its position in shares of Curbline Properties by 29.9% in the third quarter. Strs Ohio now owns 579,800 shares of the company’s stock valued at $12,930,000 after purchasing an additional 133,600 shares during the period. SG Americas Securities LLC grew its position in shares of Curbline Properties by 2,226.3% in the fourth quarter. SG Americas Securities LLC now owns 454,044 shares of the company’s stock valued at $10,538,000 after purchasing an additional 434,526 shares during the period. OVERSEA CHINESE BANKING Corp Ltd increased its stake in Curbline Properties by 56.9% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 169,846 shares of the company’s stock valued at $3,788,000 after purchasing an additional 61,587 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its stake in Curbline Properties by 17.0% in the third quarter. Public Sector Pension Investment Board now owns 377,582 shares of the company’s stock valued at $8,420,000 after purchasing an additional 54,768 shares during the last quarter.

Curbline Properties Price Performance

Curbline Properties stock opened at $27.73 on Wednesday. The firm has a market capitalization of $2.93 billion, a PE ratio of 89.44 and a beta of 0.52. Curbline Properties has a 52 week low of $21.62 and a 52 week high of $28.94. The firm’s 50-day simple moving average is $27.08 and its 200 day simple moving average is $25.18. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.18.

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 firm had revenue of $57.99 million during the quarter, compared to the consensus estimate of $53.34 million. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The firm’s revenue for the quarter was up 51.0% on a year-over-year basis. During the same period last year, the firm posted $0.24 EPS. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. On average, equities research analysts predict that Curbline Properties will post 1.22 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

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 paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, June 18th. Curbline Properties’s dividend payout ratio (DPR) is currently 219.35%.

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.