Curbline Properties (NYSE:CURB) Sets New 1-Year High – Time to Buy?

Curbline Properties Corp. (NYSE:CURB) reached 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 trading hands. The stock had previously closed at $31.64.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CURB shares. Wolfe Research downgraded shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. JPMorgan Chase & Co. lifted their target price on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Weiss Ratings lowered Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. Wall Street Zen cut Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. Finally, Citigroup increased their price target on Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.67.

Curbline Properties Stock Performance

The stock’s 50 day moving average price is $29.66 and its two-hundred day moving average price is $27.31. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 101.06 and a beta of 0.51.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.28 EPS 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 analysts’ expectations of $53.34 million. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The business’s revenue for the quarter was up 51.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.24 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. On average, analysts forecast that Curbline Properties Corp. will post 1.22 EPS for the current year.

Curbline Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Thursday, June 18th. Curbline Properties’s dividend payout ratio (DPR) is presently 219.35%.

Institutional Investors Weigh In On Curbline Properties

Institutional investors and hedge funds have recently modified their holdings of the company. UBS Group AG boosted its stake in shares of Curbline Properties by 175.2% during the fourth quarter. UBS Group AG now owns 425,331 shares of the company’s stock valued at $9,872,000 after acquiring an additional 270,800 shares during the last quarter. Diamond Hill Capital Management Inc. raised its stake in Curbline Properties by 48.7% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock valued at $4,118,000 after purchasing an additional 58,138 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Curbline Properties by 5.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock valued at $35,355,000 after purchasing an additional 74,477 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Curbline Properties by 426.5% in the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock valued at $57,123,000 after purchasing an additional 1,993,711 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of Curbline Properties by 2,226.3% during the 4th quarter. SG Americas Securities LLC now owns 454,044 shares of the company’s stock worth $10,538,000 after purchasing an additional 434,526 shares during the last quarter.

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.