Curbline Properties (NYSE:CURB) Releases Earnings Results, Misses Expectations By $0.18 EPS

Curbline Properties (NYSE:CURB) posted its quarterly earnings data on Monday. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.18), FiscalAI reports. The firm had revenue of $54.15 million for the quarter, compared to analyst estimates of $52.15 million. Curbline Properties had a return on equity of 2.10% and a net margin of 21.78%.The firm’s quarterly revenue was up 55.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.11 earnings per share. Curbline Properties updated its FY 2026 guidance to 1.170-1.210 EPS.

Here are the key takeaways from Curbline Properties’ conference call:

• Company issued 2026 FFO guidance of $1.17–$1.21 per share (midpoint ≈ 12% FFO growth), backed by a plan for roughly $700M of full-year investments and a midpoint same-property NOI target of ~3%.
• Strong 2025 operating results: ~$800M of acquisitions, NOI up ~60% YoY and 16% sequentially, trailing new lease spreads ~20% and full-year same-property NOI +3.3%, with CapEx at ~7% of NOI demonstrating high capital efficiency.
• Robust liquidity and balance sheet optionality: $582M of immediate liquidity (including $290M cash), $600M total debt raised at ~5% W.A. rate, forward equity expected to bring ~$120M, and leverage under 20%, supporting continued acquisitions.
• Acquisition pipeline visibility is meaningful but not complete — management sees roughly half of the planned $700M in closed/under-contract/awarded deals and estimates blended cap rates in the low-6% range (range mid-5s to high-6s).
• Operational and modeling risks include a small same-store pool (causing quarter-to-quarter volatility), a planned normalization of bad-debt assumptions to ~60 bps (up from ~30 bps in 2025), and non-recurring items in Q4 (e.g., $1.3M lease termination fees) that may not repeat.

Curbline Properties Stock Up 0.3%

Shares of CURB stock opened at $25.74 on Wednesday. Curbline Properties has a 52-week low of $20.91 and a 52-week high of $26.03. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 67.74 and a beta of 0.48. The firm’s 50-day moving average is $23.74 and its 200-day moving average is $23.21. The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.99 and a current ratio of 0.79.

Curbline Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Monday, December 22nd were paid a dividend of $0.16 per share. The ex-dividend date was Monday, December 22nd. This represents a $0.64 annualized dividend and a dividend yield of 2.5%. Curbline Properties’s payout ratio is currently 160.00%.

Key Curbline Properties News

Here are the key news stories impacting Curbline Properties this week:

• Positive Sentiment: Curbline raised FY‑2026 EPS guidance to a range of $1.170–$1.210, well above prior consensus, signaling stronger expected earnings power and driving investor enthusiasm. TipRanks: Confident 2026 Earnings Trajectory
• Positive Sentiment: Q4 operating metrics: FFO beat and revenue growth — the company reported FFO above estimates and revenue was up sharply year‑over‑year, supporting the bullish guidance narrative. Zacks: Tops Q4 FFO and Revenue Estimates
• Positive Sentiment: Management set a 12% FFO growth target for 2026 and outlined an expanded ~$700M investment plan — suggests an aggressive growth posture that could increase future cash flow if execution succeeds. MSN: 12% FFO Growth Target
• Positive Sentiment: Analyst support: KeyCorp raised its price target, keeping an overweight rating — a buy‑side endorsement that can support the share price. TickerReport/Benzinga: Price Target Raise
• Neutral Sentiment: Full earnings materials and call transcript are available for deeper due diligence — useful for investors wanting detail on assumptions behind guidance and growth plans. Seeking Alpha: Q4 Earnings Call Transcript
• Negative Sentiment: Curbline launched an underwritten offering of 8 million shares (priced to raise ~ $204M) and associated forward-sale agreements — the proceeds boost liquidity but are dilutive and were followed by a share price decline on the announcement. BusinessWire: Common Stock Offering
• Negative Sentiment: Offering pricing confirmed (~$204M expected gross proceeds) and close date announced — immediate dilution is clearer now that pricing is set, which can weigh on near‑term per‑share metrics. BusinessWire: Pricing of Offering
• Negative Sentiment: Market reaction: coverage reported the stock fell after the offering announcement — shows short‑term sensitivity to dilution news. Investing.com: Stock Falls After Offering
• Negative Sentiment: Risk disclosure: new note on restrictive debt covenants that could limit growth, strategic flexibility and liquidity under certain scenarios — a governance/financial constraint investors should monitor. TipRanks: Debt Covenant Risk
• Negative Sentiment: GAAP EPS missed estimates for the quarter (reported EPS below consensus), which tempers the otherwise strong operational FFO/revenue message and could concern short‑term EPS‑focused investors. Zacks: Key Metrics for Q4

Wall Street Analysts Forecast Growth

CURB has been the topic of a number of recent research reports. Wolfe Research upgraded shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price objective on the stock in a report on Monday, January 12th. Morgan Stanley raised their target price on shares of Curbline Properties from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. KeyCorp lifted their price target on shares of Curbline Properties from $27.00 to $28.00 and gave the company an “overweight” rating in a research note on Tuesday. Citigroup upgraded shares of Curbline Properties from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $25.00 to $27.00 in a research note on Wednesday, November 19th. Finally, Truist Financial set a $27.00 price objective on Curbline Properties in a report on Tuesday, January 20th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $27.33.

Hedge Funds Weigh In On Curbline Properties

A number of institutional investors have recently bought and sold shares of CURB. Parallel Advisors LLC lifted its position in shares of 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 buying an additional 1,626 shares during the last quarter. BNP Paribas Financial Markets raised its stake in 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 period. Tower Research Capital LLC TRC raised its stake in 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. CIBC Bancorp USA Inc. acquired a new stake in Curbline Properties during the 3rd quarter valued at $232,000. Finally, State of Wyoming boosted its position in Curbline Properties by 437.2% during the second quarter. State of Wyoming now owns 11,948 shares of the company’s stock worth $273,000 after purchasing an additional 9,724 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.