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

Curbline Properties Corp. (NYSE:CURB) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $31.87 and last traded at $31.24, with a volume of 536 shares trading hands. The stock had previously closed at $31.66.

Analyst Ratings Changes

Several analysts have commented on CURB shares. Morgan Stanley restated an “equal weight” rating and set a $30.00 target price on shares of Curbline Properties in a report on Thursday, June 18th. Citigroup upped their price target on shares of Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Wall Street Zen downgraded shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research report on Monday, May 4th. Truist Financial raised their price objective 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. Finally, Wolfe Research cut shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 15th. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $29.67.

Curbline Properties Stock Down 1.0%

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market capitalization of $3.31 billion, a price-to-earnings ratio of 101.18 and a beta of 0.55. The firm has a 50-day moving average price of $28.85 and a two-hundred day moving average price of $26.53.

Curbline Properties (NYSE:CURB) last announced its earnings results on Tuesday, April 28th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.23. The business had revenue of $57.99 million for the quarter, compared to analyst estimates of $53.34 million. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.Curbline Properties’s revenue for the quarter was up 51.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.24 EPS. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. As a group, sell-side analysts anticipate that Curbline Properties Corp. will post 1.22 earnings per share for the current fiscal year.

Curbline Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be issued a $0.17 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.2%. Curbline Properties’s dividend payout ratio (DPR) is 219.35%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CURB. T. Rowe Price Investment Management Inc. grew its stake in Curbline Properties by 21.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock valued at $309,687,000 after purchasing an additional 2,365,894 shares in the last quarter. State Street Corp boosted its holdings in shares of Curbline Properties by 1.9% in the 2nd quarter. State Street Corp now owns 5,515,437 shares of the company’s stock valued at $126,772,000 after buying an additional 101,813 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Curbline Properties by 110.3% in the 1st quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock valued at $133,489,000 after buying an additional 2,714,859 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Curbline Properties by 25.4% in the third quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock valued at $61,966,000 after buying an additional 562,642 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Curbline Properties by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,516,893 shares of the company’s stock valued at $58,426,000 after buying an additional 22,731 shares in the last quarter.

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.