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

Shares of Curbline Properties Corp. (NYSE:CURB) have been given a consensus rating of “Moderate Buy” by the eight analysts that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $28.1250.

CURB has been the subject of several recent research reports. Piper Sandler increased their price target on Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. UBS Group set a $27.00 price objective on Curbline Properties in a research note on Thursday, December 4th. Weiss Ratings cut Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, March 10th. Wolfe Research raised shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 target price for the company in a research report on Monday, January 12th. Finally, Morgan Stanley raised their price target on shares of Curbline Properties from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Monday, January 5th.

Insiders Place Their Bets

In related news, CEO David R. Lukes sold 83,663 shares of the business’s stock in a transaction 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 transaction, the chief executive officer owned 506,597 shares in the company, 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 Securities & Exchange Commission, which is available at this hyperlink. 8.60% of the stock is owned by corporate insiders.

Institutional Trading of Curbline Properties

A number of large investors have recently bought and sold shares of CURB. Royal Bank of Canada lifted its stake 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 valued at $425,000 after purchasing an additional 5,351 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Curbline Properties by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company’s stock valued at $1,367,000 after purchasing an additional 2,483 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Curbline Properties by 11.9% during the first quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company’s stock worth $17,596,000 after purchasing an additional 77,322 shares during the period. Jane Street Group LLC acquired a new stake in Curbline Properties during the first quarter worth approximately $4,025,000. Finally, Intech Investment Management LLC increased its holdings in Curbline Properties by 58.6% in the first quarter. Intech Investment Management LLC now owns 51,984 shares of the company’s stock worth $1,257,000 after purchasing an additional 19,204 shares in the last quarter.

Curbline Properties Stock Performance

Shares of Curbline Properties stock opened at $25.92 on Tuesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.09. Curbline Properties has a twelve month low of $20.91 and a twelve month high of $28.65. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 68.20 and a beta of 0.27. The company’s fifty day moving average is $25.90 and its 200 day moving average is $24.13.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.18). The company had revenue of $54.15 million during the quarter, compared to analyst estimates of $52.15 million. Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. The business’s revenue for the quarter was up 55.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.11 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Sell-side analysts forecast that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 18th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.6%. This is a boost from Curbline Properties’s previous quarterly dividend of $0.16. The ex-dividend date is Wednesday, March 18th. Curbline Properties’s dividend payout ratio is currently 178.95%.

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.