Curbline Properties Corp. (CURB) to Issue Quarterly Dividend of $0.16 on October 21st

Curbline Properties Corp. (NYSE:CURB) declared a quarterly dividend on Wednesday, September 17th, RTT News reports. Shareholders of record on Tuesday, September 30th will be paid a dividend of 0.16 per share on Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Tuesday, September 30th.

Curbline Properties Stock Up 0.5%

Shares of Curbline Properties stock opened at $22.50 on Friday. The company has a current ratio of 13.40, a quick ratio of 13.40 and a debt-to-equity ratio of 0.05. Curbline Properties has a 1-year low of $19.95 and a 1-year high of $25.69. The business has a 50-day moving average price of $22.52 and a two-hundred day moving average price of $22.84.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings results on Monday, July 28th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.02. The firm had revenue of $41.10 million for the quarter, compared to analysts’ expectations of $37.67 million. Curbline Properties had a return on equity of 1.01% and a net margin of 11.74%.The company’s revenue was up 47.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.19 earnings per share. Curbline Properties has set its FY 2025 guidance at 0.990-1.020 EPS. As a group, sell-side analysts expect that Curbline Properties will post 1 earnings per share for the current year.

Analyst Ratings Changes

Separately, LADENBURG THALM/SH SH started coverage on shares of Curbline Properties in a research note on Tuesday, September 9th. They issued a “neutral” rating and a $25.00 price target on the stock. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $25.59.

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.