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

Curbline Properties (NYSE:CURB - Get Free Report) has been assigned an average rating of "Hold" from the eight analysts that are presently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $25.68.

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

Curbline Properties Stock Performance

Curbline Properties stock traded up $0.15 during trading on Friday, reaching $22.89. 370,946 shares of the company were exchanged, compared to its average volume of 710,884. Curbline Properties has a 52-week low of $20.16 and a 52-week high of $25.69. The stock's 50 day simple moving average is $23.05 and its two-hundred day simple moving average is $23.62.

Curbline Properties (NYSE:CURB - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $0.24 EPS for the quarter, meeting analysts' consensus estimates of $0.24. The business had revenue of $38.44 million during the quarter, compared to analysts' expectations of $34.51 million. The business's quarterly revenue was up 38.2% compared to the same quarter last year. On average, research analysts predict that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 18th will be given a dividend of $0.16 per share. The ex-dividend date is Wednesday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 2.80%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. acquired a new position in shares of Curbline Properties during the 4th quarter worth about $343,497,000. FMR LLC acquired a new stake in shares of Curbline Properties in the 4th quarter valued at about $323,575,000. T. Rowe Price Investment Management Inc. boosted its position in shares of Curbline Properties by 28.6% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 6,624,234 shares of the company's stock valued at $160,241,000 after purchasing an additional 1,474,896 shares during the period. Geode Capital Management LLC acquired a new stake in shares of Curbline Properties in the 4th quarter valued at about $54,894,000. Finally, Nuveen LLC acquired a new stake in shares of Curbline Properties in the 1st quarter valued at about $56,521,000.

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.