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

Shares of Curbline Properties Corp. (NYSE:CURB) have received a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $28.1250.

CURB has been the subject of a number of research reports. Truist Financial increased their target price on shares of Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Morgan Stanley lifted their price target on shares of Curbline Properties from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Weiss Ratings cut shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research 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 price objective for the company in a research note on Monday, January 12th. Finally, UBS Group set a $27.00 target price on shares of Curbline Properties in a research report on Thursday, December 4th.

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 stock was sold at an average price of $26.83, for a total transaction of $2,244,678.29. Following the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 8.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Curbline Properties

Several large investors have recently bought and sold shares of CURB. Rockefeller Capital Management L.P. grew its holdings in shares of Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 654 shares during the last quarter. Parallel Advisors LLC raised its holdings in Curbline Properties by 393.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after buying an additional 1,626 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Curbline Properties by 33.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after buying an additional 694 shares during the period. Federation des caisses Desjardins du Quebec boosted its position in Curbline Properties by 25.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after buying an additional 1,672 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock worth $215,000 after acquiring an additional 2,091 shares during the last quarter.

Curbline Properties Stock Up 1.6%

Shares of CURB opened at $25.92 on Tuesday. The firm has a 50 day simple moving average of $25.90 and a two-hundred day simple moving average of $24.13. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.14 and a quick ratio of 1.14. Curbline Properties has a one year low of $20.91 and a one year high of $28.65. The company has a market cap of $2.73 billion, a P/E ratio of 68.20 and a beta of 0.27.

Curbline Properties (NYSE:CURB) last issued its earnings results 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). Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. The business had revenue of $54.15 million during the quarter, compared to analyst estimates of $52.15 million. During the same period in the prior year, the business posted $0.11 EPS. The company’s revenue for the quarter 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. Research analysts forecast that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 18th will be issued a dividend of $0.17 per share. This is a positive change from Curbline Properties’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Wednesday, March 18th. This represents a $0.68 annualized dividend and a dividend yield of 2.6%. Curbline Properties’s dividend payout ratio (DPR) is 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.