Curbline Properties (NYSE:CURB – Get Free Report) had its target price raised by equities researchers at Morgan Stanley from $29.00 to $30.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 6.81% from the company’s previous close.
A number of other equities research analysts also recently commented on the stock. Piper Sandler lifted their price target on shares of Curbline Properties from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. KeyCorp lifted their price target 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. Truist Financial lifted their price target on shares of Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, March 25th. Finally, Wolfe Research upgraded shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price target for the company in a report on Monday, January 12th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Curbline Properties has an average rating of “Moderate Buy” and a consensus price target of $28.25.
View Our Latest Stock Report on Curbline Properties
Curbline Properties Stock Performance
Curbline Properties (NYSE:CURB – Get Free Report) last issued its quarterly 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 analysts’ expectations of $52.15 million. Curbline Properties had a return on equity of 2.10% and a net margin of 21.78%.The business’s quarterly revenue was up 55.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.11 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. As a group, research analysts expect that Curbline Properties will post 1.2 earnings per share for the current fiscal year.
Insider Transactions at Curbline Properties
In related news, CEO David R. Lukes sold 83,663 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $26.83, for a total value of $2,244,678.29. Following the completion of the sale, the chief executive officer directly owned 506,597 shares in the company, valued at approximately $13,591,997.51. The trade was a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 8.70% of the company’s stock.
Institutional Investors Weigh In On Curbline Properties
A number of institutional investors have recently bought and sold shares of CURB. T. Rowe Price Investment Management Inc. grew its holdings in 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 valued at $309,687,000 after purchasing an additional 2,365,894 shares during the period. Principal Financial Group Inc. grew its holdings in Curbline Properties by 426.5% in the fourth quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock valued at $57,123,000 after purchasing an additional 1,993,711 shares during the period. Aew Capital Management L P grew its holdings in Curbline Properties by 111.2% in the third quarter. Aew Capital Management L P now owns 1,547,924 shares of the company’s stock valued at $34,519,000 after purchasing an additional 815,060 shares during the period. Balyasny Asset Management L.P. grew its holdings in Curbline Properties by 36.4% in the second quarter. Balyasny Asset Management L.P. now owns 2,164,444 shares of the company’s stock valued at $49,414,000 after purchasing an additional 577,037 shares during the period. Finally, Daiwa Securities Group Inc. grew its holdings in Curbline Properties by 25.4% in the third quarter. Daiwa Securities Group Inc. now owns 2,778,716 shares of the company’s stock valued at $61,966,000 after purchasing an additional 562,642 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.
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