Curbline Properties (NYSE:CURB) Price Target Raised to $28.00

Curbline Properties (NYSE:CURB) had its target price lifted by KeyCorp from $27.00 to $28.00 in a report issued on Tuesday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other brokerages have also issued reports on CURB. UBS Group set a $27.00 target price on shares of Curbline Properties in a research report on Thursday, December 4th. Truist Financial set a $27.00 price target on shares of Curbline Properties in a research note on Tuesday, January 20th. Weiss Ratings restated a “hold (c)” rating on shares of Curbline Properties in a research note on Monday, December 29th. Wolfe Research raised shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 target price for the company in a report on Monday, January 12th. Finally, Citigroup upgraded shares of Curbline Properties from a “neutral” rating to a “buy” rating and increased their target price for the stock from $25.00 to $27.00 in a research note on Wednesday, November 19th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $27.00.

Curbline Properties Stock Performance

Shares of CURB stock opened at $25.32 on Tuesday. The stock’s 50-day moving average is $23.81 and its two-hundred day moving average is $23.24. The company has a debt-to-equity ratio of 0.09, a quick ratio of 9.99 and a current ratio of 1.14. Curbline Properties has a 1 year low of $20.91 and a 1 year high of $26.03. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 66.64 and a beta of 0.48.

Curbline Properties (NYSE:CURB) last announced its earnings results on Monday, February 9th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.18). The firm had revenue of $54.15 million during the quarter, compared to analyst estimates of $52.15 million. Curbline Properties had a net margin of 21.78% and a return on equity of 2.10%. The firm’s revenue for the quarter was up 55.2% compared to the same quarter last year. During the same period last year, the company earned $0.11 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Analysts predict that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Monday, December 22nd were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, December 22nd. Curbline Properties’s dividend payout ratio (DPR) is 168.42%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. ProShare Advisors LLC lifted its position in Curbline Properties by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 18,930 shares of the company’s stock valued at $439,000 after purchasing an additional 592 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in Curbline Properties by 33.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after purchasing an additional 694 shares during the period. GSI Capital Advisors LLC raised its stake in shares of Curbline Properties by 0.5% during the 4th quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company’s stock worth $3,669,000 after buying an additional 750 shares in the last quarter. Amalgamated Bank lifted its holdings in shares of Curbline Properties by 3.3% in the 3rd quarter. Amalgamated Bank now owns 27,991 shares of the company’s stock valued at $624,000 after buying an additional 906 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of Curbline Properties by 5.5% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 21,444 shares of the company’s stock valued at $490,000 after buying an additional 1,113 shares during the period.

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.