Curbline Properties Corp. (CURB) AI Stock Analysis

• Market Cap: $2.47B
• Dividend Yield: 3.13%
• Average Volume (3M): 818.17K
• Price to Earnings (P/E): 59.6
• Beta (1Y): 0.52
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 37
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.09
• Shares Outstanding: 105,368,120
• 10 Day Avg. Volume: 1,197,128
• 30 Day Avg. Volume: 818,175
• PEG Ratio: -3.48
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 20.14
• P/FCF Ratio: 66.76
• Enterprise Value/Market Cap: 0.96
• Enterprise Value/Revenue: 14.52
• Enterprise Value/Gross Profit: 19.58
• Enterprise Value/Ebitda: 21.36
• 1Y Price Target: $26.30
• Price Target Upside: 13.71% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 0.32
• Revenue Forecast (FY): $179.05M

• Rating: 74 Outperform
• Price Target: $26.00 ▲(12.41% Upside)

Curbline Properties Corp. benefits from strong financial performance and positive earnings call sentiment, indicating growth potential. However, high valuation and neutral technical indicators suggest caution. Corporate events provide additional support for financial flexibility.

Positive Factors

Strong Revenue Growth

Significant revenue growth indicates successful business expansion and effective market penetration, supporting long-term sustainability.

Efficient Capital Use

Efficient capital use and strong NOI growth highlight operational effectiveness, enhancing profitability and competitive positioning.

Robust Balance Sheet

A strong balance sheet with low leverage and high liquidity provides financial stability and flexibility for future growth initiatives.

Negative Factors

Decreasing Net Profit Margin

A declining net profit margin suggests challenges in managing operational costs, which could impact long-term profitability if not addressed.

Interest Expense Increase

Rising interest expenses can reduce net income and cash flow, potentially limiting financial flexibility and investment capacity.

Uncollectible Revenue Impact

Uncollectible revenue can hinder NOI growth, affecting overall financial performance and potentially signaling tenant credit risk issues.

Curbline Properties Corp. Business Overview & Revenue Model

Company Description

Curbline Properties Corp. (CURB) is a real estate investment and management company specializing in residential and commercial properties. The company focuses on acquiring, developing, and leasing properties across urban and suburban markets, providing quality living and working environments. CURB offers a diverse portfolio of services, including property management, investment advisory, and asset management, aimed at maximizing the value of its real estate assets.

How the Company Makes Money

Curbline Properties Corp. generates revenue through multiple streams, primarily from rental income derived from its residential and commercial properties. The company also profits from property sales and development projects, where it engages in buying land, constructing buildings, and selling or leasing them for profit. Additionally, CURB earns fees from property management services, which include maintaining and leasing properties on behalf of owners. Strategic partnerships with local governments and community organizations enhance CURB's ability to identify lucrative investment opportunities and streamline development processes, further contributing to its revenue generation.

Curbline Properties Corp. Financial Statement Overview

Summary

Curbline Properties Corp. shows strong revenue growth and a solid balance sheet with low leverage. While profitability margins present some challenges, the company manages cash flow effectively, maintaining positive free cash flow. Overall, the financial health is robust with opportunities for enhanced shareholder returns.

Income Statement

Curbline Properties Corp. demonstrates strong revenue growth with a 63.4% increase from 2022 to 2024. The gross profit margin in 2024 is robust at 77.2%, indicating efficient cost management. However, the net profit margin decreased to 8.5% in 2024 from 33.1% in 2023, reflecting potential challenges in controlling operational expenses or interest costs.

Balance Sheet

The company maintains a solid equity base, with an equity ratio of 95.5% in 2024, highlighting stability. The debt-to-equity ratio is low at 0.02, suggesting prudent leverage use. Return on equity is relatively modest at 0.5% in 2024, indicating room for improvement in generating returns for shareholders.

Cash Flow

Operating cash flow is stable, aligning closely with net income, which shows good cash conversion. Free cash flow remained positive despite significant investing outflows, underscoring effective cash management. The free cash flow to net income ratio is strong, suggesting a healthy capacity to reinvest or distribute cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	163.67M	120.88M	93.66M	73.14M
Gross Profit	121.40M	93.28M	71.75M	57.76M
EBITDA	111.30M	53.09M	64.53M	53.98M
Net Income	41.75M	10.26M	31.01M	25.73M
Balance Sheet
Total Assets	2.45B	2.03B	921.63M	758.02M
Cash, Cash Equivalents and Short-Term Investments	430.11M	626.41M	566.00K	77.00K
Total Debt	456.27M	40.15M	47.00M	53.82M
Total Liabilities	521.77M	90.54M	58.99M	66.24M
Stockholders Equity	1.92B	1.94B	862.64M	691.78M
Cash Flow
Free Cash Flow	122.50M	36.47M	59.24M	49.88M
Operating Cash Flow	127.74M	54.26M	59.24M	49.88M
Investing Cash Flow	-831.03M	-437.40M	-186.02M	-323.46M
Financing Cash Flow	1.13B	1.01B	126.91M	273.33M

Curbline Properties Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.13
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CURB, the sentiment is Positive. The current price of 23.13 is below the 20-day moving average (MA) of 23.16, below the 50-day MA of 23.21, and above the 200-day MA of 22.65, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 51.23 is Neutral, neither overbought nor oversold. The STOCH value of 53.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CURB.

Curbline Properties Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTY	78 Outperform	$1.62B	21.92	7.54%	6.67%	8.17%	9.96%
CURB	74 Outperform	$2.47B	59.62	2.72%	3.13%	―	―
IVT	73 Outperform	$2.22B	18.84	6.65%	3.26%	9.40%	1433.20%
FCPT	71 Outperform	$2.47B	21.48	7.56%	6.06%	8.28%	1.49%
AKR	71 Outperform	$2.74B	164.01	0.74%	3.84%	8.85%	27.38%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
NTST	63 Neutral	$1.47B	10,270.59	0.02%	4.84%	19.92%	―

Curbline Properties Corp. Corporate Events

Curbline Properties Corp. Secures $200M in Senior Notes

On November 12, 2025, Curbline Properties Corp. and its subsidiary entered into a Note and Guaranty Agreement for a private placement of $200 million in senior unsecured notes. The notes, which have varying maturity dates and interest rates, are intended to fund general corporate purposes, including future acquisitions. The agreement includes customary covenants and allows for prepayment under certain conditions, with sales scheduled for late 2025 and early 2026.

Curbline Properties Corp. Announces ATM Equity Offering

On October 1, 2025, Curbline Properties Corp. entered into an ATM Equity Offering Sales Agreement with several financial institutions to offer and sell up to $250 million of its common stock. This agreement allows the company to sell shares through agents and forward purchasers, potentially enhancing its financial flexibility for corporate purposes such as property acquisitions and debt repayment. Additionally, on September 25, 2025, the company’s board authorized a share repurchase program of up to $250 million, which will be executed based on market conditions and stock availability, reflecting a strategic move to manage its equity and potentially enhance shareholder value.

Curbline Properties Amends Executive Compensation Agreements

On September 26, 2025, Curbline Properties Corp. and its subsidiary, Curbline TRS LLC, amended the employment agreements of key executives to standardize the maximum percentage of performance-based equity awards. The amendments align the executives’ potential earnings with that of the company’s President and CEO, setting a cap at 250% of the target amount, reflecting a strategic move to unify executive compensation structures.