Curbline Properties Corp. (CURB) Stock

Curbline Properties Corp. (CURB) is a Real Estate stock trading at $29.77 (as of 2026-08-24), with a market capitalization of $3.14B and a trailing P/E of 70.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Curbline Properties Corp. owns, manages, leases, and acquires a portfolio of convenience shopping centers in the United States. The properties are leased to tenants in areas such as food service, healthcare and wellness, financial services, beverage retail, telecommunications, beauty and hair salons, and fitness, and the company plans to elect REIT status for U.S. federal income tax purposes.

Understand Curbline Properties Corp.: how it makes money

Curbline Properties Corp. owns, manages, and leases convenience shopping centers in the United States, earning revenue primarily from tenant rent, with a plan to elect REIT treatment for U.S. federal income tax purposes.

The profit model is built around leasing performance, maintaining very high occupancy and leased rate, and converting new and renewal leasing into rent spreads, while managing ongoing capital needs (capex as a percentage of net operating income).

Business quality (Mixed): The operating snapshot shows strong occupancy and leased rate, and positive leasing spread figures, but the provided segment breakdown is incomplete and the company is very recently incorporated, limiting how much can be inferred from this limited dataset.

Valuation: At 106× earnings, CURB trades 207% above the Real Estate average (34×). Note: one-time items can distort reported P/E.

Bull case

  • High leasing execution: Occupancy Entire Portfolio was 93.5% and Leased Rate was 96.3% in the quarter ended 2026-03-31.
  • Leasing spreads suggest rent resilience: Cash New Leasing Spreads were 33.5%, and Cash Renewal Leasing Spreads were 5.9% in the quarter ended 2026-03-31.
  • Capital intensity is tracked: Curbline Properties Capex as a Percentage of Net Operating Income was 5.0% in the quarter ended 2026-03-31.

Bear case

  • Limited visible forward leasing volume: Curbline Properties Signed Not Open Pipeline was 0.0 USD_B, which can mean less near-term contracted rent visibility.
  • Performance can be sensitive to tenant leasing: Because the model depends on occupancy and leasing spreads, any deterioration in leasing demand or tenant retention could pressure results, even if current occupancy is strong.
Valuation — source: SEC EDGAR (first-party)
Price$29.77
Market Cap$3.14B
P/E Ratio70.7
EV / EBITDA31.2
Price / Book1.65
Price / Sales16.83
DCF Value (model)$42.93
DCF Upside vs Price44.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$182.89M
Net Margin21.8%
Revenue Growth (YoY)51.3%
EPS Growth (YoY)270.0%
Valuation vs Sector & Industry
Stock P/E70.7
Sector P/E (Real Estate)27.3
Industry P/E (Real Estate)29.6
vs Sector159.2%
vs Industry138.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($433.82M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryReal Estate
CEODavid R. Lukes
Employees37
CountryUS
IPO Date2024-09-26

Related Companies (Real Estate; 8 comparable real estate companies)

  • Claros Mortgage Trust, Inc. (CMTG)
  • Getty Realty Corp. (GTY)
  • Angel Oak Mortgage, Inc. (AOMR)
  • Innovative Industrial Properties, Inc. (IIPR)
  • AH Realty Trust, Inc. (AHRT)
  • Five Point Holdings, LLC (FPH)
  • Urban Edge Properties (UE)
  • Terreno Realty Corporation (TRNO)
CURB earnings history · CURB institutional & insider holders · CURB KPIs & operating metrics · CURB financials · CURB investor presentations & press releases · CURB SEC filings · CURB peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.