Curbline Properties Corp. (NYSE:CURB) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Curbline Properties Corp. has received a consensus rating of "Hold" from nine brokerages, with six recommending hold and three suggesting buy.
• The company's stock opened at $22.56 and has a 12-month price target averaging $25.59 among analysts.
• Curbline Properties reported a 47% year-over-year increase in revenue, with quarterly earnings of $0.26 EPS, exceeding estimates.

Curbline Properties Corp. (NYSE:CURB - Get Free Report) has earned a consensus recommendation of "Hold" from the nine brokerages that are presently covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $25.5938.

Separately, LADENBURG THALM/SH SH began coverage on shares of Curbline Properties in a research note on Tuesday. They issued a "neutral" rating and a $25.00 target price on the stock.

Curbline Properties Stock Performance

Curbline Properties stock opened at $22.56 on Tuesday. Curbline Properties has a 52 week low of $18.80 and a 52 week high of $25.69. The company has a current ratio of 13.40, a quick ratio of 13.40 and a debt-to-equity ratio of 0.05. The stock has a 50-day simple moving average of $22.58 and a 200 day simple moving average of $23.00.

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

Insider Buying and Selling

In other news, EVP Conor Fennerty sold 28,000 shares of the firm's stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $22.81, for a total value of $638,680.00. Following the completion of the sale, the executive vice president owned 176,560 shares in the company, valued at approximately $4,027,333.60. This trade represents a 13.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CURB. The Manufacturers Life Insurance Company purchased a new position in Curbline Properties in the fourth quarter valued at approximately $1,193,000. Ameriprise Financial Inc. acquired a new position in shares of Curbline Properties during the 4th quarter valued at about $5,104,000. BNP Paribas Financial Markets acquired a new stake in Curbline Properties during the 4th quarter worth approximately $280,000. Bank of America Corp DE purchased a new position in shares of Curbline Properties during the 4th quarter valued at approximately $3,612,000. Finally, Deutsche Bank AG increased its position in Curbline Properties by 508.6% in the fourth quarter. Deutsche Bank AG now owns 116,381 shares of the company's stock worth $2,702,000 after buying an additional 97,259 shares during the period.

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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