Curbline Properties (NYSE:CURB) Receives Consensus Rating of “Hold” from Analysts

Curbline Properties (NYSE:CURB) has been given a consensus recommendation of “Hold” by the eight analysts that are currently covering the firm, Marketbeat.com 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 issued ratings on the stock in the last year is $25.68.

A number of analysts have recently issued reports on CURB shares. Morgan Stanley lowered their price objective on shares of Curbline Properties from $27.00 to $26.00 and set an “equal weight” rating on the stock 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 company a “neutral” rating in a research note on Wednesday, February 12th. Finally, Piper Sandler increased their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 12th.

Institutional Investors Weigh In On Curbline Properties

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC bought a new stake in Curbline Properties in the fourth quarter valued at approximately $29,000. Quadrant Capital Group LLC acquired a new position in shares of Curbline Properties during the 4th quarter worth approximately $31,000. Smartleaf Asset Management LLC acquired a new position in shares of Curbline Properties during the 4th quarter worth approximately $31,000. Covestor Ltd raised its stake in Curbline Properties by 390.2% in the 4th quarter. Covestor Ltd now owns 1,593 shares of the company’s stock valued at $37,000 after acquiring an additional 1,268 shares during the period. Finally, GF Fund Management CO. LTD. acquired a new stake in Curbline Properties during the 4th quarter valued at $40,000.

Curbline Properties Stock Down 0.6 %

Shares of NYSE CURB opened at $23.34 on Monday. The company has a fifty day moving average price of $23.33 and a 200 day moving average price of $23.69. Curbline Properties has a 1-year low of $20.16 and a 1-year high of $25.69.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings data on Thursday, April 24th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. The firm had revenue of $38.44 million for the quarter, compared to the consensus estimate of $34.51 million. The company’s revenue was up 38.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 18th will be paid 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 2.74%.

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.