Curbline Properties (NYSE:CURB) Hits New 1-Year High – Should You Buy?

Shares of Curbline Properties Corp. (NYSE:CURBGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $30.99 and last traded at $30.9550, with a volume of 53681 shares trading hands. The stock had previously closed at $30.42.

Analyst Upgrades and Downgrades

CURB has been the topic of a number of recent analyst reports. Morgan Stanley restated an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a research report on Thursday, June 18th. 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. Truist Financial lifted their target price on shares of Curbline Properties from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a report on Monday, June 15th. Finally, Weiss Ratings lowered Curbline Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $29.67.

Get Our Latest Stock Report on CURB

Curbline Properties Price Performance

The stock has a fifty day moving average of $28.53 and a 200-day moving average of $26.31. The firm has a market capitalization of $3.26 billion, a P/E ratio of 99.44 and a beta of 0.55. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.18.

Curbline Properties (NYSE:CURBGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.23. The firm had revenue of $57.99 million for the quarter, compared to analyst estimates of $53.34 million. Curbline Properties had a net margin of 16.24% and a return on equity of 1.74%. The company’s revenue was up 51.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.24 EPS. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. Equities analysts predict that Curbline Properties Corp. will post 1.21 EPS for the current fiscal year.

Curbline Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, June 18th. Curbline Properties’s dividend payout ratio is 219.35%.

Institutional Trading of Curbline Properties

A number of hedge funds and other institutional investors have recently modified their holdings of CURB. Rockefeller Capital Management L.P. lifted its holdings in Curbline Properties by 125.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after buying an additional 654 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Curbline Properties by 393.7% during the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after acquiring an additional 1,626 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Curbline Properties by 33.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after acquiring an additional 694 shares during the last quarter. Federation des caisses Desjardins du Quebec raised its position in shares of Curbline Properties by 25.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock worth $189,000 after acquiring an additional 1,672 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Curbline Properties during the first quarter valued at $224,000.

About Curbline Properties

(Get Free Report)

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.

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