Curbline Properties (NYSE:CURB) Receives $25.68 Consensus Price Target from Analysts

Shares of Curbline Properties (NYSE:CURB - Get Free Report) have earned an average recommendation of "Hold" from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $25.68.

A number of equities analysts have weighed in on the company. Morgan Stanley lowered their price target on Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. Compass Point increased their price target on Curbline Properties from $24.00 to $26.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Finally, Piper Sandler lifted their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 12th.

Curbline Properties Price Performance

Shares of NYSE:CURB traded down $0.05 during midday trading on Monday, hitting $23.44. The stock had a trading volume of 50,654 shares, compared to its average volume of 632,707. The business's 50-day simple moving average is $23.34 and its 200-day simple moving average is $23.69. Curbline Properties has a 12 month low of $18.80 and a 12 month high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $0.24 EPS for the quarter, meeting analysts' consensus estimates of $0.24. The firm had revenue of $38.44 million during the quarter, compared to the consensus estimate of $34.51 million. Curbline Properties's revenue was up 38.2% on a year-over-year basis. On average, research analysts expect that Curbline Properties will post 1 EPS for the current fiscal year.

Curbline Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 18th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend is Wednesday, June 18th.

Hedge Funds Weigh In On Curbline Properties

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. acquired a new position in shares of Curbline Properties during the 4th quarter worth approximately $343,497,000. FMR LLC bought a new stake in shares of Curbline Properties in the fourth quarter valued at approximately $323,575,000. T. Rowe Price Investment Management Inc. acquired a new stake in Curbline Properties during the fourth quarter worth approximately $119,568,000. Geode Capital Management LLC bought a new position in Curbline Properties during the 4th quarter worth $54,894,000. Finally, GRS Advisors LLC acquired a new position in Curbline Properties in the 4th quarter valued at $51,890,000.

Curbline Properties Company Profile

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.