Curbline Properties (NYSE:CURB) Hits New 52-Week High – Should You Buy?

Curbline Properties Corp. (NYSE:CURB) shares hit a new 52-week high during trading on Friday . The company traded as high as $27.16 and last traded at $27.0750, with a volume of 102506 shares changing hands. The stock had previously closed at $26.73.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Citigroup upgraded Curbline Properties from a “neutral” rating to a “buy” rating and upped their price objective for the company from $25.00 to $27.00 in a research note on Wednesday, November 19th. Piper Sandler increased their price target on shares of Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Tuesday. KeyCorp raised their price objective on shares of Curbline Properties from $27.00 to $28.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Curbline Properties in a research note on Monday, December 29th. Finally, 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 research report on Monday, January 12th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Curbline Properties presently has a consensus rating of “Moderate Buy” and an average price target of $27.63.

Curbline Properties Trading Up 2.0%

The stock has a market cap of $2.87 billion, a PE ratio of 71.73 and a beta of 0.48. The firm has a 50-day simple moving average of $24.26 and a 200-day simple moving average of $23.42. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.09.

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

Curbline Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Monday, December 22nd were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.64 annualized dividend and a yield of 2.3%. Curbline Properties’s payout ratio is currently 168.42%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CURB. T. Rowe Price Investment Management Inc. increased its holdings in shares of 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 worth $309,687,000 after purchasing an additional 2,365,894 shares during the period. State Street Corp increased its stake in Curbline Properties by 1.9% in the 2nd quarter. State Street Corp now owns 5,515,437 shares of the company’s stock worth $126,772,000 after acquiring an additional 101,813 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Curbline Properties by 25.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock worth $61,966,000 after acquiring an additional 562,642 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Curbline Properties by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 2,516,893 shares of the company’s stock valued at $58,426,000 after acquiring an additional 22,731 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Curbline Properties by 426.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock valued at $57,123,000 after acquiring an additional 1,993,711 shares during 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.