Brokerages Set Curbline Properties Corp. (NYSE:CURB) PT at $32.22

by · The Markets Daily

Shares of Curbline Properties Corp. (NYSE:CURB – Get Free Report) have earned an average rating of “Moderate Buy” from the nine brokerages that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $32.2222.

CURB has been the subject of several recent research reports. Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. Jefferies Financial Group started coverage on Curbline Properties in a research report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 price target on the stock. KeyCorp increased their target price on shares of Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, Citigroup lifted their price target on shares of Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a report on Monday, August 3rd.

Read Our Latest Stock Analysis on CURB

Insider Buying and Selling at Curbline Properties

In other Curbline Properties news, Director Alexander Otto sold 2,344 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $29.51, for a total value of $69,171.44. Following the completion of the transaction, the director directly owned 6,550,914 shares of the company’s stock, valued at approximately $193,317,472.14. The trade was a 0.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold 1,446,890 shares of company stock valued at $43,452,298 in the last three months. Company insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Curbline Properties

Several large investors have recently made changes to their positions in CURB. Nissay Asset Management Corp Japan increased its position in Curbline Properties by 2.9% in the second quarter. Nissay Asset Management Corp Japan now owns 15,466 shares of the company’s stock worth $470,000 after purchasing an additional 433 shares during the period. ProShare Advisors LLC grew its holdings in Curbline Properties by 3.2% during the 4th quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock worth $439,000 after acquiring an additional 592 shares during the period. Rockefeller Capital Management L.P. grew its holdings in Curbline Properties by 125.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after acquiring an additional 654 shares during the period. GSI Capital Advisors LLC increased its holdings in Curbline Properties by 0.5% in the fourth quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock valued at $3,669,000 after purchasing an additional 750 shares during the last quarter. Finally, Amundi increased its holdings in Curbline Properties by 2.1% in the second quarter. Amundi now owns 53,080 shares of the company’s stock valued at $1,614,000 after purchasing an additional 1,113 shares during the last quarter.

Curbline Properties Stock Down 1.0%

CURB stock opened at $28.44 on Tuesday. Curbline Properties has a twelve month low of $22.08 and a twelve month high of $32.15. The company has a market cap of $3.27 billion, a PE ratio of 105.33 and a beta of 0.49. The business’s 50-day simple moving average is $30.06 and its 200 day simple moving average is $28.89. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17.

Curbline Properties (NYSE:CURB – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.27. The firm had revenue of $63.30 million for the quarter, compared to analyst estimates of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The company’s quarterly revenue was up 52.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, research analysts anticipate that Curbline Properties will post 1.25 earnings per share for the current year.

Curbline Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 29th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 29th. Curbline Properties’s dividend payout ratio is presently 251.85%.

Curbline Properties Company Profile

(Get Free Report)

Curbline Properties Corporation (NYSE: CURB) is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.

The company’s properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.

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