Piper Sandler Has Lowered Expectations for Curbline Properties (NYSE:CURB) Stock Price

Key Points

• Piper Sandler lowered its Curbline Properties price target to $39 from $40 while maintaining an “overweight” rating, implying roughly 30% upside from the prior close.
• Analyst sentiment remains favorable overall, with seven Buy ratings and three Holds producing a “Moderate Buy” consensus and an average target price of $31.50.
• Curbline reported quarterly EPS of $0.31 versus the $0.04 consensus estimate, while revenue rose 52.9% year over year to $63.3 million; however, insiders have sold about 769,478 shares over the past 90 days.

Curbline Properties (NYSE:CURB - Get Free Report) had its price target dropped by analysts at Piper Sandler from $40.00 to $39.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Piper Sandler's target price points to a potential upside of 30.34% from the stock's previous close.

A number of other research analysts also recently issued reports on the company. Weiss Ratings upgraded Curbline Properties from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, August 12th. Wall Street Zen raised shares of Curbline Properties from a "strong sell" rating to a "sell" rating in a report on Saturday, August 1st. Morgan Stanley reissued an "equal weight" rating and set a $30.00 price target on shares of Curbline Properties in a report on Thursday, June 18th. Citigroup boosted their price target on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a "buy" rating in a report on Monday, August 3rd. Finally, KeyCorp increased their price objective on Curbline Properties from $32.00 to $34.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $31.50.

Curbline Properties Price Performance

CURB stock traded down $0.20 during trading on Thursday, reaching $29.92. The company's stock had a trading volume of 303,150 shares, compared to its average volume of 1,014,447. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties has a 1 year low of $21.93 and a 1 year high of $32.15. The company's fifty day moving average is $30.47 and its 200-day moving average is $28.58. The company has a market capitalization of $3.44 billion, a P/E ratio of 110.83 and a beta of 0.51.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.27. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The company had revenue of $63.30 million for the quarter, compared to analysts' expectations of $57.25 million. During the same period in the previous year, the firm posted $0.26 earnings per share. The firm's revenue for the quarter was up 52.9% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, research analysts expect that Curbline Properties will post 1.26 earnings per share for the current fiscal year.

Insider Activity

In other Curbline Properties news, Director Alexander Otto sold 1,206 shares of Curbline Properties stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $30.10, for a total transaction of $36,300.60. Following the sale, the director directly owned 7,231,687 shares in the company, valued at $217,673,778.70. The trade was a 0.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 769,478 shares of company stock valued at $23,160,087 over the last ninety days. 8.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Curbline Properties

Several institutional investors have recently made changes to their positions in the company. UBS Group AG boosted its stake in Curbline Properties by 175.2% during the 4th quarter. UBS Group AG now owns 425,331 shares of the company's stock worth $9,872,000 after acquiring an additional 270,800 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Curbline Properties by 5.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company's stock worth $35,355,000 after buying an additional 74,477 shares during the period. Principal Financial Group Inc. boosted its stake in Curbline Properties by 426.5% in the 4th 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. Diamond Hill Capital Management Inc. grew its position in Curbline Properties by 48.7% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company's stock worth $4,118,000 after buying an additional 58,138 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Curbline Properties in the 2nd quarter valued at approximately $2,550,000.

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.

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