Curbline Properties (NYSE:CURB) Given Average Rating of "Hold" by Brokerages

Shares of Curbline Properties (NYSE:CURB - Get Free Report) have been given a consensus rating of "Hold" by the eight analysts that are currently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $25.68.

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

Curbline Properties Stock Up 0.3%

Shares of CURB stock traded up $0.06 during mid-day trading on Friday, hitting $22.70. The stock had a trading volume of 685,997 shares, compared to its average volume of 714,267. Curbline Properties has a fifty-two week low of $20.16 and a fifty-two week high of $25.69. The company's 50-day simple moving average is $23.09 and its 200-day simple moving average is $23.63.

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 the consensus estimate of $0.24. The company had revenue of $38.44 million during the quarter, compared to analyst estimates of $34.51 million. The company's revenue for the quarter was up 38.2% compared to the same quarter last year. As a group, analysts expect that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 18th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.64 dividend on an annualized basis and a yield of 2.82%.

Institutional Trading of Curbline Properties

Several institutional investors have recently added to or reduced their stakes in CURB. Vanguard Group Inc. acquired a new stake in Curbline Properties in the fourth quarter valued at $343,497,000. FMR LLC acquired a new stake in shares of Curbline Properties during the fourth quarter worth $323,575,000. T. Rowe Price Investment Management Inc. acquired a new stake in shares of Curbline Properties during the fourth quarter worth $119,568,000. Geode Capital Management LLC acquired a new stake in shares of Curbline Properties during the fourth quarter worth $54,894,000. Finally, Nuveen LLC acquired a new stake in shares of Curbline Properties during the first quarter worth $56,521,000.

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.