CURB

Curbline Properties Corp.
CURB
Market cap $2.46B

23.44 USD

+0.84

3.72%

At close Oct 4, 4:00 PM EDT

After hours

23.44

+0.00

0%

1 day

3.72%

5 days

6.16%

1 month

8.17%

3 months

8.17%

6 months

8.17%

Year to date

8.17%

1 year

8.17%

5 years

8.17%

About: Curbline Properties Corp is a publicly-traded REIT operating Convenience retail properties, offering enhanced access and visibility relative to other retail property types. The properties generally consist of a ubiquitous row of shop units along with dedicated parking leased to a diversified mixture of national and local service and restaurant tenants that cater to daily convenience trips from the growing suburban population.

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Funds holding %

–

Analysts bullish %

Fund manager confidence

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$25

6%

upside

Avg. target

$25

6%

upside

High target

$25

7%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

JP Morgan Michael Mueller 75% 1-year accuracy 12 / 16 met price target	7%upside $25	Overweight Initiated	4 Oct 2024
Stifel Simon Yarmak 74% 1-year accuracy 23 / 31 met price target	6%upside $25	Buy Initiated	2 Oct 2024

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Financial journalist opinion

Based on 5 articles about CURB published over the past 30 days

An October Surprise

U.S. equity markets extended gains to a fourth-straight week despite a resurgence in benchmark interest rates after a critical slate of employment data showed surprisingly strong labor market trends. One of several strong employment reports, Nonfarm Payrolls data showed that the U.S. economy added 254k jobs in September - the strongest in six months and well above consensus estimates. Combined with a nearly 10% surge in crude oil prices driven by renewed Middle East tensions, markets reflected a significantly less aggressive Fed rate cut path in the months ahead.

An October Surprise

Curbline Properties Announces Tax Basis

NEW YORK--(BUSINESS WIRE)--On October 1, 2024, Curbline Properties Corp. (NYSE: CURB) (“CURB” or “Curbline”) completed its separation from SITE Centers Corp. (NYSE: SITC) (“SITC”) and became an independent publicly traded company. In the separation, SITC distributed two CURB common shares for every SITC common share held by SITC shareholders on the close of business on September 23, 2024 (the “Distribution”). The fair market value of CURB's common stock received by SITC shareholders in the Dist.

Curbline Properties Announces Tax Basis

SITE Centers: Curbline Properties IPO Prices In Line With Valuations

SITE Centers Corp. is a retail REIT focused on retail locations close to residents with a high household income. The company successfully spun off its premium assets in a new REIT called Curbline Properties, achieving a 6% cap rate. Curbline Properties focuses on high-income convenience retail with strong leasing spreads and limited capital expenditure needs.

SITE Centers: Curbline Properties IPO Prices In Line With Valuations

Curbline Properties Announces Completion of Spin-Off from SITE Centers

NEW YORK--(BUSINESS WIRE)--Curbline Properties Corp. (NYSE: CURB) (the “Company” or “Curbline”) today announced that it has completed the previously announced spin-off from SITE Centers Corp. (“SITE Centers”) and is now an independent, publicly traded company that will begin regular-way trading today on the New York Stock Exchange (“NYSE”) under the ticker symbol “CURB.” Curbline is an owner of convenience shopping centers positioned on the curbline of well-trafficked intersections and major ve.

Curbline Properties Announces Completion of Spin-Off from SITE Centers

The Ensign Group Set to Join S&P MidCap 400; Curbline Properties & TransMedics Group to Join S&P SmallCap 600

NEW YORK , Sept. 26, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 and S&P MidCap 400: S&P SmallCap 600 constituent The Ensign Group Inc. (NASD: ENSG) will replace Southwestern Energy Co. (NYSE: SWN) in the S&P MidCap 400 and TransMedics Group, Inc. (NASD: TMDX) will replace The Ensign Group in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, October 1.

The Ensign Group Set to Join S&P MidCap 400; Curbline Properties & TransMedics Group to Join S&P SmallCap 600

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