Curbline Properties (NYSE:CURB) Stock Price Target Cut by Piper Sandler

Curbline Properties (NYSE:CURB) had its price target reduced by analysts at Piper Sandler from $39.00 to $38.00 in a report issued on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Piper Sandler’s target price would suggest a potential upside of 40.04% from the company’s current price.

Several other equities analysts also recently weighed in on CURB. Truist Financial assumed coverage on shares of Curbline Properties in a research note on Thursday, October 1st. They issued a “buy” rating and a $33.00 target price for the company. 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 shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a report on Thursday, June 18th. Finally, Weiss Ratings raised shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $32.33.

Curbline Properties Stock Down 0.6%

CURB stock opened at $27.14 on Monday. The stock has a fifty day moving average of $29.04 and a 200-day moving average of $29.03. Curbline Properties has a fifty-two week low of $22.30 and a fifty-two week high of $32.15. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 23.53 and a beta of 0.53. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63.

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

Insider Activity

In related news, Director Alexander Otto sold 2,344 shares of Curbline Properties stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $29.51, for a total transaction of $69,171.44. Following the completion of the sale, the director owned 6,550,914 shares of the company’s stock, valued at approximately $193,317,472.14. This trade represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 1,446,890 shares of company stock valued at $43,452,298 in the last quarter. Company insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Curbline Properties

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of Curbline Properties during the 2nd quarter valued at about $531,338,000. Principal Financial Group Inc. increased its position in shares of Curbline Properties by 110.3% in the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after purchasing an additional 2,714,859 shares during the last quarter. Alyeska Investment Group L.P. increased its position in shares of Curbline Properties by 50.2% in the second quarter. Alyeska Investment Group L.P. now owns 3,457,221 shares of the company’s stock worth $105,100,000 after purchasing an additional 1,155,731 shares during the last quarter. Deutsche Bank AG bought a new position in shares of Curbline Properties in the second quarter worth approximately $62,145,000. Finally, Wellington Management Group LLP raised its stake in Curbline Properties by 138.3% in the second quarter. Wellington Management Group LLP now owns 1,987,340 shares of the company’s stock valued at $60,415,000 after purchasing an additional 1,153,326 shares in the last quarter.

Curbline Properties Company Profile

Curbline Properties Corp. (NYSE: CURB) is a real estate investment trust focused on owning, operating, acquiring and managing convenience-oriented retail properties in the United States. Its portfolio is designed to serve everyday consumer needs and is generally located in established, high-traffic neighborhoods.

The company’s properties are typically smaller-format, open-air retail centers occupied by service providers, restaurants, healthcare operators, grocery and other convenience-focused businesses.