Curbline Properties Corp. (NYSE:CURB) to Issue Quarterly Dividend of $0.16

Key Points

• Curbline Properties Corp. declared a quarterly dividend of $0.16 per share, with a yield of 2.8%, payable on October 21st to investors of record as of September 30th.
• The company's stock price increased by 1.6% to $22.46, with a consensus price target of $25.59 and a current consensus rating of "Hold" from analysts.
• Curbline Properties reported earnings of $0.26 per share for the last quarter, exceeding estimates, and had year-over-year revenue growth of 47%.

Curbline Properties Corp. (NYSE:CURB - Get Free Report) announced a quarterly dividend on Wednesday, September 17th, RTT News reports. Stockholders of record on Tuesday, September 30th will be paid a dividend of 0.16 per share on Tuesday, October 21st. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 30th.

Curbline Properties Price Performance

Shares of CURB stock traded down $0.22 on Friday, reaching $22.48. 1,072,598 shares of the company's stock traded hands, compared to its average volume of 588,013. Curbline Properties has a 12-month low of $18.80 and a 12-month high of $25.69. The company has a debt-to-equity ratio of 0.05, a quick ratio of 13.40 and a current ratio of 13.40. The business's 50 day moving average price is $22.55 and its two-hundred day moving average price is $22.89.

Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.02. Curbline Properties had a return on equity of 1.01% and a net margin of 11.74%.The business had revenue of $41.10 million for the quarter, compared to the consensus estimate of $37.67 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. Curbline Properties's revenue for the quarter was up 47.0% compared to the same quarter last year. Curbline Properties has set its FY 2025 guidance at 0.990-1.020 EPS. Research analysts forecast that Curbline Properties will post 1 EPS for the current year.

Analyst Ratings Changes

Separately, LADENBURG THALM/SH SH started coverage on Curbline Properties in a research note on Tuesday, September 9th. They issued a "neutral" rating and a $25.00 target price on the stock. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $25.59.

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.