Curbline Properties (NYSE:CURB) Updates FY 2025 Earnings Guidance

Key Points

• Curbline Properties updated its FY 2025 earnings per share (EPS) guidance to 0.990-1.020, significantly higher than the consensus estimate of 0.383.
• The company also reported a quarterly EPS of $0.26, beating the expected $0.24 and showing a year-over-year revenue increase of 47.0%.
• Morgan Stanley reduced its target price for Curbline Properties from $27.00 to $26.00, maintaining an "equal weight" rating on the stock, while it has a consensus rating of "Hold" with a target price of $25.68.

Curbline Properties (NYSE:CURB - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.990-1.020 for the period, compared to the consensus estimate of 0.383. The company issued revenue guidance of -.

Analyst Ratings Changes

Separately, Morgan Stanley decreased their target price on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Curbline Properties has a consensus rating of "Hold" and a consensus price target of $25.68.

Curbline Properties Price Performance

Curbline Properties stock traded up $0.46 during mid-day trading on Monday, reaching $23.32. The stock had a trading volume of 954,239 shares, compared to its average volume of 477,782. The company has a 50-day moving average price of $22.76 and a two-hundred day moving average price of $23.40. Curbline Properties has a one year low of $18.80 and a one year high of $25.69. The company has a debt-to-equity ratio of 0.05, a quick ratio of 27.77 and a current ratio of 27.77.

Curbline Properties (NYSE:CURB - Get Free Report) last posted its earnings results on Monday, July 28th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.02. The company's quarterly revenue was up 47.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.19 EPS. As a group, equities analysts anticipate that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 18th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 2.74%. The ex-dividend date was Wednesday, June 18th.

Insider Transactions at Curbline Properties

In related news, EVP Conor Fennerty sold 28,000 shares of the stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $22.81, for a total value of $638,680.00. Following the completion of the sale, the executive vice president directly owned 176,560 shares of the company's stock, valued at approximately $4,027,333.60. This represents a 13.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 8.60% of the company's stock.

Institutional Investors Weigh In On Curbline Properties

A number of institutional investors have recently added to or reduced their stakes in CURB. Goldman Sachs Group Inc. lifted its position in shares of Curbline Properties by 11.9% during the first quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company's stock worth $17,596,000 after purchasing an additional 77,322 shares during the last quarter. Jane Street Group LLC bought a new position in Curbline Properties in the first quarter worth about $4,025,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Curbline Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company's stock worth $1,367,000 after acquiring an additional 2,483 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Curbline Properties by 58.6% during the first quarter. Intech Investment Management LLC now owns 51,984 shares of the company's stock worth $1,257,000 after acquiring an additional 19,204 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Curbline Properties by 43.7% during the first quarter. Royal Bank of Canada now owns 17,595 shares of the company's stock worth $425,000 after acquiring an additional 5,351 shares during 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.

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