Curbline (CURB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Although the revenue and EPS for Curbline (CURB) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Curbline Properties Corp. (NYSE:CURB ) Q2 2025 Earnings Conference Call July 28, 2025 5:00 PM ET Company Participants Conor M. Fennerty - Executive VP, CFO & Treasurer David R.
CURB is a high-end shopping center REIT with strong properties in growth markets, minimal big box exposure, and robust leasing performance. The company boasts rapid AFFO/share growth potential due to a large cash position, enabling highly accretive acquisitions at favorable cap rates. The valuation appears slightly undervalued, with a fair value estimated around $25, offering about a 10% upside from current levels.
Curbline Properties Corp. (NYSE:CURB ) Q1 2025 Earnings Call April 24, 2025 8:00 AM ET Company Participants Stephanie Ruys de Perez - Vice President, Capital Markets David Lukes - Chief Executive Officer Conor Fennerty - Chief Financial Officer Conference Call Participants Craig Mailman - Citi Ronald Kamdem - Morgan Stanley Todd Thomas - KeyBanc Capital Markets Alexander Goldfarb - Piper Sandler Michael Mueller - JPMorgan Paulina Rojas - Green Street Floris Van Dijkum - Compass Point Research Operator Thank you for standing by. My name is Janice, and I will be your conference operator today.
Curbline Properties, spun out from Site Centers, focuses on convenience centers with a portfolio of 78 assets, 96% leased, and geographically diversified. Convenience centers have lower capex needs compared to shopping centers, making them attractive investments with potential for cap rate compression. Curbline trades at a 5.3% implied cap rate, a 20% premium to private market NAV, enabling accretive external growth through share issuances and acquisitions.