Analysts Set Curbline Properties Corp. (NYSE:CURB) Target Price at $27.63

Curbline Properties Corp. (NYSE:CURB) has received a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $28.1250.

A number of research analysts recently issued reports on CURB shares. Piper Sandler lifted their price objective on shares of Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Wolfe Research raised Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 target price on the stock in a report on Monday, January 12th. Truist Financial lifted their price target on Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings raised Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Finally, Citigroup upgraded Curbline Properties from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $25.00 to $27.00 in a research report on Wednesday, November 19th.

Curbline Properties Trading Down 1.4%

CURB opened at $27.98 on Friday. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 73.63 and a beta of 0.27. 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 company has a 50-day simple moving average of $25.13 and a 200 day simple moving average of $23.76.

Curbline Properties (NYSE:CURB) last released its earnings results on Monday, February 9th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.18). Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. The firm had revenue of $54.15 million during the quarter, compared to the consensus estimate of $52.15 million. During the same period in the prior year, the business earned $0.11 earnings per share. Curbline Properties’s quarterly revenue was up 55.2% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Analysts predict that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 18th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.4%. This is an increase from Curbline Properties’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Wednesday, March 18th. Curbline Properties’s dividend payout ratio (DPR) is currently 168.42%.

Institutional Investors Weigh In On Curbline Properties

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Thrivent Financial for Lutherans grew its stake in shares of Curbline Properties by 36.2% during the second quarter. Thrivent Financial for Lutherans now owns 182,385 shares of the company’s stock worth $4,164,000 after buying an additional 48,516 shares during the last quarter. Strs Ohio lifted its stake in shares of Curbline Properties by 29.9% in the 3rd quarter. Strs Ohio now owns 579,800 shares of the company’s stock valued at $12,930,000 after acquiring an additional 133,600 shares during the last quarter. Mutual of America Capital Management LLC boosted its holdings 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 valued at $10,792,000 after acquiring an additional 166,046 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its position in Curbline Properties by 56.9% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 169,846 shares of the company’s stock worth $3,788,000 after acquiring an additional 61,587 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its holdings in Curbline Properties by 17.0% in the 3rd quarter. Public Sector Pension Investment Board now owns 377,582 shares of the company’s stock worth $8,420,000 after purchasing an additional 54,768 shares in the last quarter.

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.