Curbline Properties (NYSE:CURB) Sets New 12-Month High - What's Next?

Key Points

• Curbline Properties hit a new 52-week high, trading as high as $31.90 after a recent run above both its 50-day and 200-day moving averages.
• Recent analyst views are mixed, but the overall stance remains Moderate Buy; several firms raised price targets, while Wolfe Research downgraded the stock to peer perform.
• The company recently beat quarterly earnings expectations, reporting $0.28 EPS versus $0.05 expected, and revenue rose 51% year over year to $57.99 million.

Curbline Properties Corp. (NYSE:CURB - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $31.90 and last traded at $31.63, with a volume of 92508 shares changing hands. The stock had previously closed at $31.64.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Wolfe Research cut shares of Curbline Properties from an "outperform" rating to a "peer perform" rating in a research note on Monday, June 15th. Morgan Stanley reiterated an "equal weight" rating and issued a $30.00 price objective on shares of Curbline Properties in a report on Thursday, June 18th. Citigroup boosted their price objective on Curbline Properties from $30.00 to $33.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. increased their target price on Curbline Properties from $30.00 to $31.00 and gave the company an "overweight" rating in a report on Monday, May 4th. Finally, KeyCorp raised their target price on Curbline Properties from $30.00 to $32.00 and gave the company an "overweight" rating in a research report on Monday, June 22nd. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $29.67.

Curbline Properties Price Performance

The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.18. The company's fifty day moving average is $29.66 and its two-hundred day moving average is $27.31. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 101.06 and a beta of 0.51.

Curbline Properties (NYSE:CURB - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.23. Curbline Properties had a return on equity of 1.74% and a net margin of 16.24%.The company had revenue of $57.99 million for the quarter, compared to analysts' expectations of $53.34 million. During the same period in the prior year, the firm earned $0.24 earnings per share. The firm's revenue was up 51.0% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.200-1.230 EPS. As a group, research analysts predict that Curbline Properties Corp. will post 1.22 earnings per share for the current year.

Curbline Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.68 annualized dividend and a dividend yield of 2.2%. Curbline Properties's dividend payout ratio (DPR) is presently 219.35%.

Institutional Investors Weigh In On Curbline Properties

Several large investors have recently added to or reduced their stakes in the business. Maryland State Retirement & Pension System lifted its holdings in shares of Curbline Properties by 3.8% in the 4th quarter. Maryland State Retirement & Pension System now owns 14,322 shares of the company's stock valued at $332,000 after purchasing an additional 525 shares during the last quarter. ProShare Advisors LLC boosted its holdings in shares of Curbline Properties by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 18,930 shares of the company's stock valued at $439,000 after acquiring an additional 592 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company's stock worth $27,000 after acquiring an additional 654 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Curbline Properties by 33.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company's stock valued at $64,000 after acquiring an additional 694 shares during the period. Finally, GSI Capital Advisors LLC raised its position in Curbline Properties by 0.5% in the 4th quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company's stock valued at $3,669,000 after purchasing an additional 750 shares during the last quarter.

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.

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