Curbline Properties (NYSE:CURB) Stock Price Target Cut by Piper Sandler

Key Points

• Piper Sandler lowered Curbline Properties’ price target from $39 to $38 while maintaining an “overweight” rating, implying approximately 39.35% upside from the stock’s $27.27 price.
• Analyst sentiment remains positive overall, with seven “buy” ratings and two “hold” ratings; the consensus rating is “Moderate Buy” with an average price target of $32.33.
• Curbline recently beat quarterly earnings and revenue estimates, reporting $0.31 in EPS and $63.3 million in revenue, though insiders sold 1.45 million shares worth about $43.5 million over the past three months.

Curbline Properties (NYSE:CURB - Get Free Report) had its target price reduced by stock analysts at Piper Sandler from $39.00 to $38.00 in a report issued on Monday, Benzinga reports. The firm presently has an "overweight" rating on the stock. Piper Sandler's price target would suggest a potential upside of 39.35% from the company's current price.

Several other brokerages have also recently weighed in on CURB. Truist Financial assumed coverage on shares of Curbline Properties in a research report on Thursday, October 1st. They set a "buy" rating and a $33.00 price target on the stock. Morgan Stanley reissued an "equal weight" rating and set a $30.00 target price on shares of Curbline Properties in a research note on Thursday, June 18th. Wolfe Research downgraded Curbline Properties from an "outperform" rating to a "peer perform" rating in a research report on Monday, June 15th. KeyCorp boosted their price objective on Curbline Properties from $32.00 to $34.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group started coverage on shares of Curbline Properties in a research note on Tuesday, August 25th. They set a "buy" rating and a $36.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $32.33.

Curbline Properties Stock Performance

Shares of CURB traded up $0.26 during trading hours on Monday, reaching $27.27. 66,406 shares of the company traded hands, compared to its average volume of 1,085,639. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. The business has a fifty day moving average price of $29.16 and a 200-day moving average price of $29.01. The stock has a market capitalization of $3.14 billion, a P/E ratio of 100.94 and a beta of 0.53. Curbline Properties has a 12-month low of $22.25 and a 12-month high of $32.15.

Curbline Properties (NYSE:CURB - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.27. The company had revenue of $63.30 million during the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The firm's quarterly revenue was up 52.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Equities analysts anticipate that Curbline Properties will post 1.25 EPS for the current fiscal year.

Insider Activity

In related news, EVP Conor Fennerty sold 55,105 shares of the firm's stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $30.38, for a total value of $1,674,089.90. Following the completion of the sale, the executive vice president owned 153,909 shares in the company, valued at $4,675,755.42. This trade represents a 26.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Alexander Otto sold 221,812 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $29.68, for a total value of $6,583,380.16. Following the sale, the director directly owned 6,586,370 shares in the company, valued at $195,483,461.60. This trade represents a 3.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,446,890 shares of company stock valued at $43,452,298 over the last three months. 8.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Curbline Properties

Large investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. raised its position in shares of Curbline Properties by 125.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company's stock valued at $27,000 after buying an additional 654 shares during the last quarter. Nykredit A S purchased a new stake in Curbline Properties during the second quarter valued at about $55,000. Sanctuary Advisors LLC acquired a new stake in Curbline Properties during the 1st quarter worth approximately $224,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Curbline Properties in the first quarter worth $243,000. Finally, Caxton Associates LLP purchased a new position in Curbline Properties in the first quarter valued at about $283,000.

Curbline Properties Company Profile

Curbline Properties Corp. NYSE: CURB is a real estate investment trust focused on owning, operating, acquiring and managing convenience-oriented retail properties in the United States. Its portfolio is designed to serve everyday consumer needs and is generally located in established, high-traffic neighborhoods.

The company's properties are typically smaller-format, open-air retail centers occupied by service providers, restaurants, healthcare operators, grocery and other convenience-focused businesses.

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