Curbline Properties Corp. (NYSE:CURB) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Curbline Properties Corp. (NYSE:CURB) have received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $26.8889.

CURB has been the subject of several recent analyst reports. Wolfe Research upgraded Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 target price for the company in a research note on Monday. KeyCorp upgraded Curbline Properties from a “sector weight” rating to an “overweight” rating and set a $27.00 price objective for the company in a research report on Thursday, December 4th. UBS Group set a $27.00 target price on Curbline Properties in a research report on Thursday, December 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Curbline Properties in a report on Monday, December 29th. Finally, Truist Financial raised their price target on shares of Curbline Properties from $23.00 to $24.00 and gave the company a “hold” rating in a research note on Monday, November 24th.

Curbline Properties Trading Up 2.3%

CURB opened at $24.03 on Thursday. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of 60.09 and a beta of 0.48. The company has a quick ratio of 9.99, a current ratio of 9.99 and a debt-to-equity ratio of 0.21. Curbline Properties has a twelve month low of $20.91 and a twelve month high of $25.69. The company has a 50-day simple moving average of $23.31 and a 200 day simple moving average of $22.96.

Curbline Properties (NYSE:CURB) last issued its earnings results on Tuesday, October 28th. The company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. Curbline Properties had a net margin of 25.51% and a return on equity of 2.19%. The company had revenue of $48.65 million during the quarter, compared to analysts’ expectations of $43.29 million. The firm’s revenue was up 63.1% compared to the same quarter last year. Curbline Properties has set its FY 2025 guidance at 1.030-1.040 EPS. Analysts predict that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties declared that its Board of Directors has approved a share buyback plan on Thursday, October 2nd that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the company to purchase up to 10.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Curbline Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, December 22nd. Curbline Properties’s payout ratio is presently 160.00%.

Hedge Funds Weigh In On Curbline Properties

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC boosted its stake in shares of Curbline Properties by 393.7% during the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after purchasing an additional 1,626 shares in the last quarter. State of Wyoming acquired a new stake in Curbline Properties during the 1st quarter worth approximately $54,000. BNP Paribas Financial Markets boosted its position 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 buying an additional 2,091 shares during the period. Tower Research Capital LLC TRC grew its holdings in Curbline Properties by 120.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company’s stock worth $220,000 after acquiring an additional 5,268 shares during the last quarter. Finally, Pensionfund Sabic acquired a new position in Curbline Properties in the 4th quarter valued at approximately $232,000.

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.