Curbline Properties Corp.

Curbline Properties Corp.

CURB · NYSE · Real Estate / REIT - Retail

29.15USD-0.21 (-0.72%)

Price History

Full chart

Market Stats

Previous Close29.36
Open29.37
Day Range29.14 – 29.52
52-Week Range21.58 – 32.15
Volume793.48K
Market Cap3.27B
P/E (TTM)105.41
Forward P/E50.51
EPS0.27
Dividend Yield2.39%
50-Day Avg29.92
200-Day Avg27.62

About

Curbline Properties Corp. is the owner and manager of convenience shopping centers. It is positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban, high household income communities. The Company is a self-managed real estate investment trust (REIT) that is publicly traded under on the NYSE.Curbline Properties Corp. was incorporated on October 25th, 2023 in Maryland and is based in New York.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. David R. Lukes
  • Employees39
  • Headquarters320 Park Avenue, New York, NY, United States, 10022, USA
  • Websitehttps://curbline.com

Leadership

  • Mr. David R. LukesPresident, CEO & Director · b. 1970
  • Mr. Conor M. FennertyExecutive VP, CFO & Treasurer · b. 1986
  • Mr. John M. CattonarExecutive VP & Chief Investment Officer · b. 1982
  • Ms. Lesley H. Solomon J.D.Executive VP, General Counsel & Secretary · b. 1972
  • Ms. Christina M. YarianSenior VP & Chief Accounting Officer · b. 1978
  • Ms. Stephanie Ruys de PerezVice President of Capital Markets & Asset Management

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue52.32M73.14M93.66M120.88M182.89M
Growth (%)-+39.79%+28.06%+29.06%+51.30%
Cost of Revenue10.78M15.38M21.91M27.60M45.95M
Gross Profit41.54M57.76M71.75M93.28M136.95M
Gross Margin79.40%78.98%76.60%77.17%74.88%
Operating Expense18.30M30.40M37.21M59.35M106.33M
Operating Income23.24M27.36M34.54M33.93M30.62M
Operating Margin44.42%37.41%36.88%28.07%16.74%
EBITDA38.23M53.98M64.53M53.09M124.74M
EBITDA Margin73.08%73.80%68.89%43.92%68.20%
Net Income20.66M25.73M31.01M10.26M39.83M
Net Income Margin39.49%35.18%33.11%8.49%21.78%
Interest Expense2.15M1.62M1.52M901.00K12.14M
Interest Expense % of Total Revenue4.10%2.21%1.62%0.75%6.64%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-758.02M921.63M2.03B2.47B
Total Liabilities-66.24M58.99M90.54M556.32M
Total Equity-691.78M862.64M1.94B1.91B
Cash-77.00K566.00K626.41M289.55M
Total Debt-53.82M47.00M40.15M489.94M
Net Debt-53.74M46.44M-586.26M200.38M

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow36.23M49.88M59.24M54.26M124.60M
Investing Cash Flow-78.10M-323.46M-186.02M-437.40M-803.25M
Financing Cash Flow41.09M273.33M126.91M1.01B341.79M
Capital Expenditure018.88M23.16M17.79M17.41M
Free Cash Flow36.23M49.88M59.24M54.26M124.60M
Dividends Paid--0077.38M
FCF to OCF100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--0.00%0.00%62.11%

Earnings

Report DateAug 28, 2024Nov 27, 2024Feb 11, 2025Apr 24, 2025Jul 28, 2025Oct 28, 2025Feb 9, 2026Apr 28, 2026Jul 28, 2026Oct 27, 2026
EPS Estimate0.000.150.110.120.110.090.070.060.300.32
EPS Actual0.14-0.150.110.100.100.090.090.040.31-
Surprise--200.00%-1.17%-16.67%-9.09%0.00%28.57%-33.33%3.33%-
Timing---Pre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.27B
Enterprise Value3.68B
Trailing P/E105.41
Forward P/E50.51
Price / Sales14.48
Price / Book1.55
EPS0.27
Book Value18.29
Revenue (TTM)224.08M
Gross Profit (TTM)168.46M
EBITDA132.76M
Profit Margin13.10%
Operating Margin19.18%
Return on Equity1.46%
Return on Assets0.97%
Shares Outstanding115.04M
Shares Float107.16M
Dividend Yield2.39%
Dividend Rate0.68
Payout Ratio132.08%

Analyst Ratings

Hold
Based on 9 analystsTarget 33.83
  • Strong Buy
    1
  • Buy
    2
  • Hold
    6

Ownership Breakdown

Institutions
123.06%
Insiders
6.73%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    16.82M14.62%
  • T. Rowe Price Investment Management,Inc.
    13.07M11.36%
  • Vanguard Portfolio Management, LLC
    9.27M8.06%
  • State Street Corp
    5.43M4.72%
  • Principal Financial Group Inc
    5.14M4.47%
  • FMR Inc
    4.27M3.71%
  • Vanguard Capital Management, LLC
    4.26M3.71%
  • Prudential Financial Inc
    4.11M3.57%
  • Daiwa Securities Group Inc
    3.39M2.95%
  • Cohen & Steers Inc
    2.87M2.50%
  • Geode Capital Management, LLC
    2.59M2.25%
  • Millennium Management LLC
    2.53M2.20%
  • GRS Advisors, LLC
    2.41M2.10%
  • Alyeska Investment Group, L.P.
    2.30M2.00%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    5.92M5.14%
  • Vanguard Real Estate Index Investor
    3.75M3.26%
  • T. Rowe Price Small-Cap Value
    3.52M3.06%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.03M2.64%
  • T. Rowe Price Small-Cap Stock
    2.87M2.50%
  • iShares Russell 2000 ETF
    2.54M2.21%

Dividends

20262×
0.17Jun 18, 20260.17Mar 18, 2026
20254×
0.19Dec 22, 20250.16Sep 30, 20250.16Jun 18, 20250.16Mar 14, 2025
20241×
0.25Dec 31, 2024