Latest news with #CurblinePropertiesCorp
Business Insider
2 days ago
- Business
- Business Insider
Curbline Properties Corp. (CURB) Receives a Hold from Truist Financial
Truist Financial analyst Ki Bin Kim maintained a Hold rating on Curbline Properties Corp. today and set a price target of $23.00. The company's shares closed today at $22.44. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Bin Kim covers the Real Estate sector, focusing on stocks such as Cubesmart, Regency Centers, and EPR Properties. According to TipRanks, Bin Kim has an average return of 6.8% and a 57.00% success rate on recommended stocks. In addition to Truist Financial, Curbline Properties Corp. also received a Hold from KeyBanc's Todd Thomas in a report issued on July 29. However, yesterday, TR | OpenAI – 4o reiterated a Buy rating on Curbline Properties Corp. (NYSE: CURB). Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CURB in relation to earlier this year. Earlier this month, David Lukes, the President & CEO of CURB sold 200,000.00 shares for a total of $4,498,000.00.
Yahoo
02-06-2025
- Business
- Yahoo
Curbline Properties Second Quarter 2025 Investment Update
NEW YORK, June 02, 2025--(BUSINESS WIRE)--Curbline Properties Corp. (NYSE: CURB), an owner of convenience centers in suburban, high household income communities, announced today year to date investment activity in connection with presentations at NAREIT's REITweek Investor Conference. "Through May 31st, Curbline has closed on the acquisition of 21 convenience shopping centers for $182.5 million with almost $500 million of additional assets under contract or awarded with executed letters of intent," commented David R. Lukes, President and Chief Executive Officer. "We continue to expect the majority of the pipeline to close over the next few months and remain encouraged by the opportunity set and depth of the addressable market for convenience centers as Curbline continues to execute on its business plan of scaling the first public real estate company focused exclusively on convenience properties." Date Property Name MSA Price ($000s) 01/16/25 Navarre Crossing Toledo, OH 4,950 01/24/25 Shops at Gilbert Crossroads - Phase II Phoenix-Mesa-Chandler, AZ 2,700 02/24/25 Corner at Laveen Spectrum Phoenix-Mesa-Chandler, AZ 10,350 02/27/25 6-Property Portfolio Jacksonville, FL 86,300 03/31/25 Aramingo Assemblage Philadelphia-Camden-Wilmington, PA-NJ,DE-MD 14,790 03/31/25 Corner at 240 Asheville, NC 5,100 04/11/25 3-Property Portfolio Various 11,000 04/17/25 Magnolia Point - Phase III Houston-The Woodlands-Sugar Land, TX 1,583 04/21/25 Shops on North Avenue Chicago-Naperville-Elgin, IL-IN-WI 2,300 05/09/25 Shops at Highway 100 Milwaukee–Waukesha–West Allis, WI 4,475 05/14/25 Salmon Creek Square Portland-Vancouver-Hillsboro, OR-WA 11,625 05/14/25 Shops on Dobson Phoenix-Mesa-Chandler, AZ 2,709 05/21/25 Jericho Crossing New York-Newark-Jersey City, NY-NJ 9,450 05/22/25 Plaza at Stacy Green Dallas-Fort Worth-Arlington, TX 15,160 Total $182,492 About Curbline Properties Curbline Properties is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban, high household income communities. The Company is publicly traded under the ticker symbol "CURB" on the NYSE and plans to elect to be treated as a REIT for U.S. federal income tax purposes. Additional information about Curbline is available at To be included in the Company's e-mail distributions for press releases and other investor news, please click here. Safe Harbor Curbline Properties Corp. considers portions of the information in this press release to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, with respect to the Company's expectation for future periods. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact, including statements regarding the Company's projected operational and financial performance, strategy, prospects and plans, may be deemed to be forward-looking statements. There are a number of important factors that could cause our results to differ materially from those indicated by such forward-looking statements, including, among other factors, (1) changes in the economic performance and value of the Company's properties as a result of broad economic and local conditions, such as inflation, interest rate volatility and market reaction to tariffs and other trade policies; (2) changes in local conditions such as an increase or decrease in the supply of, or demand for, retail real estate space in our geographic markets; (3) the impact of changes in consumer trends, distribution channels, suburban population, retailing practices and the space needs of tenants; (4) our dependence on rental income which depends on the successful operations and financial condition of tenants, the loss of which, including as a result of downsizing or bankruptcy, could result in significant occupancy loss and negatively impact rental income from our properties; (5) our ability to enter into new leases and renew existing leases, in each case, on favorable terms; (6) our ability to identify, acquire, construct or develop additional properties that produce the cash flows that we expect and may be limited by competitive pressures, and our ability to manage our growth effectively and capture the efficiencies of scale that we expect from expansion; (7) potential environmental liabilities; (8) our ability to secure debt and equity financing on commercially acceptable terms or at all; (9) the illiquidity of real estate investments which could limit our ability to make changes to our portfolio to respond to economic or other conditions; (10) property damage, expenses related thereto and other business and economic consequences (including the potential loss of rental revenues) resulting from climate change, natural disasters, public health crises and weather-related factors in locations where we own properties, the ability to estimate accurately the amounts thereof and the sufficiency and timing of any insurance recovery payments related to such damages; (11) any change in strategy; (12) the effect of future offerings of debt and equity securities on the value of our common stock; (13) any disruption, failure or breach of the networks or systems on which the Company relies, including as a result of cyber-attacks; (14) impairment in the value of real estate property that we own; (15) changes in tax laws impacting REITs and real estate in general, as well as our ability to qualify as a REIT and to maintain REIT status once elected, and (16) our ability to retain and attract key management personnel. For additional factors that could cause the results of the Company to differ materially from those indicated in the forward-looking statements, please refer to the Company's Annual Report on Form 10-K under "Item 1A. Risk Factors". The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. View source version on Contacts For additional information:Conor Fennerty, EVP and Chief Financial Officer (216) 755-6200 Sign in to access your portfolio
Business Insider
13-05-2025
- Business
- Business Insider
Truist Financial Sticks to Their Hold Rating for Curbline Properties Corp. (CURB)
Truist Financial analyst Ki Bin Kim maintained a Hold rating on Curbline Properties Corp. (CURB – Research Report) yesterday and set a price target of $23.00. The company's shares closed yesterday at $23.75. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Bin Kim covers the Real Estate sector, focusing on stocks such as Public Storage, NETSTREIT, and Lineage, Inc.. According to TipRanks, Bin Kim has an average return of 7.5% and a 60.98% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Curbline Properties Corp. with a $26.40 average price target. The company has a one-year high of $25.69 and a one-year low of $18.80. Currently, Curbline Properties Corp. has an average volume of 671.3K.
