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

Curbline Properties Corp. (NYSE:CURB) 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.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CURB. Citigroup raised their price target on shares of Curbline Properties from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Morgan Stanley reissued an “equal weight” rating and issued a $30.00 target price on shares of Curbline Properties in a report on Thursday, June 18th. JPMorgan Chase & Co. upped their price target on Curbline Properties from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Weiss Ratings downgraded Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. Finally, Wall Street Zen cut shares of Curbline Properties from a “sell” rating to a “strong sell” rating in a research note on Monday, May 4th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.67.

Curbline Properties Price Performance

The firm has a fifty day moving average price of $28.92 and a two-hundred day moving average price of $26.59. The stock has a market capitalization of $3.21 billion, a P/E ratio of 98.35 and a beta of 0.55. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.20 and a current ratio of 1.20.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.05 by $0.23. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.The company had revenue of $57.99 million during the quarter, compared to analyst estimates of $53.34 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. Curbline Properties’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. As a group, analysts expect that Curbline Properties Corp. will post 1.22 EPS for the current fiscal year.

Curbline Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a $0.17 dividend. This represents a $0.68 annualized dividend 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 presently 219.35%.

Institutional Investors Weigh In On Curbline Properties

Several hedge funds and other institutional investors have recently made changes to their positions in CURB. T. Rowe Price Investment Management Inc. boosted 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 buying an additional 2,365,894 shares during the last quarter. State Street Corp raised its position in Curbline Properties by 1.9% in the second 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 period. Principal Financial Group Inc. boosted its stake in shares of Curbline Properties by 110.3% during the 1st quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after acquiring an additional 2,714,859 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Curbline Properties by 25.4% during 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. Finally, Geode Capital Management LLC grew its position in shares of Curbline Properties by 0.9% during 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 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.