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

Shares of Curbline Properties Corp. (NYSE:CURB) hit a new 52-week high during trading on Wednesday . The stock traded as high as $28.97 and last traded at $28.9950, with a volume of 59313 shares. The stock had previously closed at $28.77.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CURB. Citigroup upped their price objective on shares of Curbline Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on shares of Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Piper Sandler increased their target price on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Weiss Ratings lowered shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. Finally, Morgan Stanley increased their target price on shares of Curbline Properties from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Curbline Properties currently has a consensus rating of “Moderate Buy” and an average target price of $29.44.

Curbline Properties Price Performance

The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 93.40 and a beta of 0.52. The company’s 50 day moving average is $27.31 and its 200 day moving average is $25.56. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.18.

Curbline Properties (NYSE:CURB) last issued its earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.23. The company had revenue of $57.99 million for 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 firm’s revenue was up 51.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.24 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Research analysts anticipate that Curbline Properties Corp. will post 1.21 EPS for the current fiscal year.

Curbline Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, June 18th. Curbline Properties’s payout ratio is currently 219.35%.

Insiders Place Their Bets

In other Curbline Properties news, CEO David R. Lukes sold 83,663 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 506,597 shares of the company’s stock, valued at approximately $13,591,997.51. The trade was a 14.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Curbline Properties

Several institutional investors have recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. grew its position in shares of Curbline Properties by 21.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock worth $309,687,000 after buying an additional 2,365,894 shares during the period. State Street Corp grew its position in shares of Curbline Properties by 1.9% during the 2nd quarter. State Street Corp now owns 5,515,437 shares of the company’s stock worth $126,772,000 after buying an additional 101,813 shares during the period. Principal Financial Group Inc. grew its position in shares of Curbline Properties by 110.3% during the 1st quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after buying an additional 2,714,859 shares during the period. Daiwa Securities Group Inc. grew its position in shares of Curbline Properties by 25.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock worth $61,966,000 after buying an additional 562,642 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Curbline Properties by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 2,516,893 shares of the company’s stock worth $58,426,000 after buying an additional 22,731 shares during the period.

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.