Curbline Properties (NYSE:CURB) Price Target Raised to $31.00 at Truist Financial

Curbline Properties (NYSE:CURB) had its price objective boosted by analysts at Truist Financial from $27.00 to $31.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price objective points to a potential upside of 11.55% from the stock’s previous close.

A number of other brokerages have also recently issued reports on CURB. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. Piper Sandler increased their price target on Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Citigroup raised Curbline Properties from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $25.00 to $27.00 in a research note on Wednesday, November 19th. KeyCorp raised their target price on Curbline Properties from $27.00 to $28.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Finally, UBS Group set a $27.00 price objective on shares of Curbline Properties in a research report on Thursday, December 4th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $28.13.

Curbline Properties Stock Performance

CURB traded down $0.58 during trading on Thursday, reaching $27.79. 112,589 shares of the company’s stock were exchanged, compared to its average volume of 851,714. The company has a market capitalization of $2.93 billion, a P/E ratio of 73.13 and a beta of 0.27. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.09. The business has a 50 day moving average price of $25.04 and a 200 day moving average price of $23.73. Curbline Properties has a fifty-two week low of $20.91 and a fifty-two week high of $28.65.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC increased its holdings in Curbline Properties by 393.7% in the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock valued at $45,000 after purchasing an additional 1,626 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of 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 buying an additional 694 shares during the period. Federation des caisses Desjardins du Quebec increased its stake in shares of Curbline Properties by 25.9% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after acquiring an additional 1,672 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Curbline Properties by 28.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after acquiring an additional 2,091 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in shares of Curbline Properties by 120.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company’s stock valued at $220,000 after acquiring an additional 5,268 shares during the period.

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.