Curbline Properties Corp. (NYSE:CURB) Receives $25.59 Average Price Target from Analysts

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.

Shares of Curbline Properties Corp. (NYSE:CURB - Get Free Report) have been given a consensus recommendation of "Hold" by the nine research firms that are currently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $25.5938.

Separately, LADENBURG THALM/SH SH started coverage on shares of Curbline Properties in a research report on Tuesday, September 9th. They set a "neutral" rating and a $25.00 price target on the stock.

Curbline Properties Stock Performance

CURB stock traded down $0.37 during midday trading on Tuesday, reaching $22.50. The company's stock had a trading volume of 451,495 shares, compared to its average volume of 569,133. Curbline Properties has a 52 week low of $18.80 and a 52 week high of $25.69. The company has a debt-to-equity ratio of 0.05, a current ratio of 13.40 and a quick ratio of 13.40. The business's 50-day simple moving average is $22.55 and its 200-day simple moving average is $22.95.

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

Insider Buying and Selling at Curbline Properties

In other news, EVP Conor Fennerty sold 28,000 shares of Curbline Properties stock in a transaction on Friday, June 27th. The shares were sold at an average price of $22.81, for a total transaction of $638,680.00. Following the transaction, the executive vice president directly owned 176,560 shares of the company's stock, valued at $4,027,333.60. This trade represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Curbline Properties

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. boosted its position in shares of Curbline Properties by 28.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 6,624,234 shares of the company's stock worth $160,241,000 after purchasing an additional 1,474,896 shares in the last quarter. State Street Corp lifted its position in Curbline Properties by 1.9% in the 2nd quarter. State Street Corp now owns 5,515,437 shares of the company's stock valued at $126,772,000 after acquiring an additional 101,813 shares in the last quarter. Geode Capital Management LLC lifted its position in Curbline Properties by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 2,460,496 shares of the company's stock valued at $56,180,000 after acquiring an additional 34,770 shares in the last quarter. Nuveen LLC bought a new stake in Curbline Properties in the 1st quarter valued at $56,521,000. Finally, Prudential Financial Inc. lifted its position in Curbline Properties by 9.3% in the 2nd quarter. Prudential Financial Inc. now owns 2,292,128 shares of the company's stock valued at $52,329,000 after acquiring an additional 194,918 shares in the last quarter.

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.