Curbline Properties Corp. (CURB) to Distribute Quarterly Dividend of $0.17 on October 14th

Curbline Properties Corp. (NYSE:CURB – Get Free Report) announced a quarterly dividend on Wednesday, September 16th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.17 per share on Wednesday, October 14th. This represents a $0.68 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 29th.

Curbline Properties Price Performance

Shares of NYSE CURB traded up $0.06 during midday trading on Friday, reaching $28.50. 1,681,765 shares of the stock traded hands, compared to its average volume of 1,465,920. The company’s 50 day moving average is $29.84 and its 200 day moving average is $28.90. Curbline Properties has a one year low of $22.08 and a one year high of $32.15. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market capitalization of $3.28 billion, a PE ratio of 105.54 and a beta of 0.49.

Curbline Properties (NYSE:CURB – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.27. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The company had revenue of $63.30 million for the quarter, compared to analysts’ expectations of $57.25 million. During the same quarter in the previous year, the business posted $0.26 earnings per share. Curbline Properties’s quarterly revenue was up 52.9% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, equities research analysts anticipate that Curbline Properties will post 1.25 earnings per share for the current year.

Analyst Upgrades and Downgrades

CURB has been the topic of a number of research reports. Jefferies Financial Group assumed coverage on shares of Curbline Properties in a report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 target price on the stock. Citigroup lifted their price target on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. KeyCorp boosted their price objective on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Piper Sandler reduced their price objective on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday, August 27th. Finally, Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $32.22.

Get Our Latest Stock Analysis on Curbline Properties

Curbline Properties Company Profile

(Get Free Report)

Curbline Properties Corporation (NYSE: CURB) is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.

The company’s properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.

See Also

Dividend History for Curbline Properties (NYSE:CURB)

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