Curbline Properties (NYSE:CURB) Receives $25.82 Consensus PT from Analysts

Curbline Properties (NYSE:CURB) has earned a consensus rating of “Hold” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $25.82.

A number of research analysts have weighed in 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 report on Wednesday, February 12th. Piper Sandler upped their target price 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. Finally, Morgan Stanley assumed coverage on shares of Curbline Properties in a research note on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 target price on the stock.

Curbline Properties Trading Up 1.7 %

NYSE:CURB opened at $24.05 on Friday. Curbline Properties has a 12 month low of $20.16 and a 12 month high of $25.69. The business has a 50 day moving average of $24.18.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. As a group, sell-side analysts expect that Curbline Properties will post 1 EPS for the current year.

Curbline Properties Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Friday, March 14th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 2.66%.

Institutional Trading of Curbline Properties

Institutional investors and hedge funds have recently made changes to their positions in the stock. California State Teachers Retirement System bought a new position in Curbline Properties in the fourth quarter valued at $2,051,000. GF Fund Management CO. LTD. purchased a new position in shares of Curbline Properties in the 4th quarter worth about $40,000. Public Employees Retirement System of Ohio bought a new position in shares of Curbline Properties during the 4th quarter valued at about $3,141,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Curbline Properties during the 4th quarter valued at about $11,947,000. Finally, Vident Advisory LLC purchased a new position in shares of Curbline Properties during the 4th quarter valued at about $526,000.

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.