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

Curbline Properties (NYSE:CURB) had its price objective lifted by Truist Financial from $27.00 to $31.00 in a report published on Thursday morning,Benzinga reports. Truist Financial currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. Piper Sandler raised their price objective on Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Wolfe Research upgraded 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 note on Monday, January 12th. KeyCorp increased their target price 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. Citigroup raised shares of Curbline Properties from a “neutral” rating to a “buy” rating and lifted their price target for the company from $25.00 to $27.00 in a report on Wednesday, November 19th. Finally, Morgan Stanley increased their price objective on shares of Curbline Properties from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Curbline Properties currently has a consensus rating of “Moderate Buy” and an average price target of $28.13.

Curbline Properties Stock Down 2.4%

Shares of Curbline Properties stock opened at $27.37 on Thursday. 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 firm has a market cap of $2.88 billion, a P/E ratio of 72.03 and a beta of 0.27. Curbline Properties has a fifty-two week low of $20.91 and a fifty-two week high of $28.65. The business has a 50-day moving average price of $25.22 and a 200 day moving average price of $23.81.

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

Curbline Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 18th will be paid a $0.17 dividend. The ex-dividend date is Wednesday, March 18th. This is a positive change from Curbline Properties’s previous quarterly dividend of $0.16. This represents a $0.68 dividend on an annualized basis and a yield of 2.5%. Curbline Properties’s dividend payout ratio (DPR) is 168.42%.

Hedge Funds Weigh In On Curbline Properties

Several institutional investors have recently modified their holdings of the company. Thrivent Financial for Lutherans boosted its position in Curbline Properties by 36.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 182,385 shares of the company’s stock worth $4,164,000 after acquiring an additional 48,516 shares during the period. Strs Ohio increased its holdings in shares of Curbline Properties by 29.9% during the third quarter. Strs Ohio now owns 579,800 shares of the company’s stock valued at $12,930,000 after purchasing an additional 133,600 shares during the period. Mutual of America Capital Management LLC increased its holdings in shares of Curbline Properties by 52.2% during the third quarter. Mutual of America Capital Management LLC now owns 483,968 shares of the company’s stock valued at $10,792,000 after purchasing an additional 166,046 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of Curbline Properties by 56.9% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 169,846 shares of the company’s stock valued at $3,788,000 after purchasing an additional 61,587 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its stake in shares of Curbline Properties by 17.0% during the third quarter. Public Sector Pension Investment Board now owns 377,582 shares of the company’s stock valued at $8,420,000 after purchasing an additional 54,768 shares in 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.