Curbline Properties (NYSE:CURB) Shares Gap Down – What’s Next?

Curbline Properties Corp. (NYSE:CURB)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $31.27, but opened at $29.79. Curbline Properties shares last traded at $30.2340, with a volume of 1,495,910 shares changing hands.

Analyst Upgrades and Downgrades

CURB has been the topic of a number of research analyst reports. Weiss Ratings downgraded shares of Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Truist Financial boosted their price target on shares of Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Wall Street Zen downgraded shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. Wolfe Research lowered shares of Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Finally, JPMorgan Chase & Co. lifted their price objective on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $29.67.

Curbline Properties Stock Performance

The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.18. The company’s 50 day moving average is $28.92 and its 200-day moving average is $26.59. The company has a market capitalization of $3.21 billion, a P/E ratio of 98.35 and a beta of 0.55.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data 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. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The business had revenue of $57.99 million for the quarter, compared to analysts’ expectations of $53.34 million. During the same quarter in the prior year, the company earned $0.24 earnings per share. The business’s revenue was up 51.0% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Equities analysts anticipate that Curbline Properties Corp. will post 1.22 EPS for the current fiscal year.

Curbline Properties Announces Dividend

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

Institutional Investors Weigh In On Curbline Properties

Several hedge funds have recently added to or reduced their stakes in CURB. Bank of America Corp DE increased its holdings in shares of Curbline Properties by 39.4% during the first quarter. Bank of America Corp DE now owns 645,997 shares of the company’s stock valued at $16,660,000 after acquiring an additional 182,424 shares in the last quarter. Anson Funds Management LP purchased a new position in shares of Curbline Properties in the 1st quarter worth about $1,315,000. Amundi boosted its stake in Curbline Properties by 7.6% in the 1st quarter. Amundi now owns 51,967 shares of the company’s stock worth $1,340,000 after purchasing an additional 3,674 shares in the last quarter. California State Teachers Retirement System boosted its stake in Curbline Properties by 32.1% in the 1st quarter. California State Teachers Retirement System now owns 115,367 shares of the company’s stock worth $2,975,000 after purchasing an additional 28,022 shares in the last quarter. Finally, Royal Bank of Canada grew its position in Curbline Properties by 138.0% during the 1st quarter. Royal Bank of Canada now owns 11,137 shares of the company’s stock valued at $287,000 after purchasing an additional 6,457 shares during the last quarter.

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.