Curbline Properties (NYSE:CURB – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.25, Zacks reports. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. During the same period in the prior year, the business posted $0.09 earnings per share. The firm’s quarterly revenue was up 46.3% compared to the same quarter last year.
Here are the key takeaways from Curbline Properties’ conference call:
- Curbline raised 2026 operating FFO guidance to $1.25–$1.27 per share, representing more than 18% growth at the midpoint, supported by over $1 billion of expected investments and organic growth.
- The company has acquired more than $1.7 billion of convenience centers since its 2024 spin-off and expects continued deal volume, including growing opportunities to acquire properties adjacent to existing assets.
- Third-quarter same-property NOI growth accelerated to 3.4%, occupancy improved year over year, and nearly $8 million of signed-not-open lease revenue is expected to commence largely by March 2027.
- Curbline reported substantial financial flexibility, including approximately $895 million of immediate liquidity, an entirely unencumbered asset base, and expected year-end net debt to EBITDA below 2.5 times.
- Management acknowledged that higher equity and debt costs have increased required investment returns, although it believes cap rates for higher-quality, growth-oriented properties remain relatively sticky and continues to see limited tenant-credit deterioration.
Curbline Properties Trading Up 0.4%
Shares of CURB opened at $27.02 on Thursday. The business’s 50-day moving average price is $28.66 and its 200 day moving average price is $29.07. The stock has a market capitalization of $3.11 billion, a P/E ratio of 97.09 and a beta of 0.53. Curbline Properties has a 1-year low of $22.30 and a 1-year high of $32.15. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17.
Curbline Properties Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Tuesday, September 29th were paid a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $0.68 dividend on an annualized basis and a yield of 2.5%. Curbline Properties’s dividend payout ratio (DPR) is currently 251.85%.
Analysts Set New Price Targets
Several brokerages have recently issued reports on CURB. Citigroup lifted their price objective on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Piper Sandler cut their target price on shares of Curbline Properties from $39.00 to $38.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. Jefferies Financial Group began coverage on shares of Curbline Properties in a report on Tuesday, August 25th. They set a “buy” rating and a $36.00 target price for the company. Weiss Ratings upgraded shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Finally, KeyCorp upped their price target on Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $32.33.
View Our Latest Stock Analysis on CURB
Insider Transactions at Curbline Properties
In other Curbline Properties news, Director Alexander Otto sold 2,344 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $29.51, for a total transaction of $69,171.44. Following the completion of the sale, the director directly owned 6,550,914 shares of the company’s stock, valued at approximately $193,317,472.14. This represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders sold 1,446,890 shares of company stock worth $43,452,298. 8.70% of the stock is currently owned by insiders.
Curbline Properties Company Profile
Curbline Properties Corp. is a real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio is designed to serve everyday consumer needs and generally includes open-air shopping centers, neighborhood retail centers and other properties occupied by service providers, grocery-related businesses and other necessity-based tenants.
The company primarily targets well-located properties in suburban communities across the United States. Curbline emphasizes assets in high-traffic areas that are convenient for nearby residents and supported by recurring local demand.
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