Reviewing Curbline Properties (NYSE:CURB) and Kimco Realty (NYSE:KIM)
by Amy Steele · The Cerbat GemKimco Realty (NYSE:KIM – Get Free Report) and Curbline Properties (NYSE:CURB – Get Free Report) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, dividends, valuation, earnings, analyst recommendations and profitability.
Profitability
This table compares Kimco Realty and Curbline Properties’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Kimco Realty | 28.24% | 5.60% | 3.01% |
| Curbline Properties | 25.51% | 2.19% | 1.94% |
Analyst Ratings
This is a summary of recent recommendations for Kimco Realty and Curbline Properties, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Kimco Realty | 0 | 8 | 5 | 1 | 2.50 |
| Curbline Properties | 0 | 3 | 6 | 0 | 2.67 |
Kimco Realty presently has a consensus target price of $23.89, suggesting a potential upside of 13.46%. Curbline Properties has a consensus target price of $27.22, suggesting a potential upside of 12.26%. Given Kimco Realty’s higher probable upside, equities analysts clearly believe Kimco Realty is more favorable than Curbline Properties.
Earnings and Valuation
This table compares Kimco Realty and Curbline Properties”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Kimco Realty | $2.12 billion | 6.72 | $410.79 million | $0.83 | 25.37 |
| Curbline Properties | $120.88 million | 21.14 | $10.26 million | $0.40 | 60.63 |
Kimco Realty has higher revenue and earnings than Curbline Properties. Kimco Realty is trading at a lower price-to-earnings ratio than Curbline Properties, indicating that it is currently the more affordable of the two stocks.
Dividends
Kimco Realty pays an annual dividend of $1.04 per share and has a dividend yield of 4.9%. Curbline Properties pays an annual dividend of $0.64 per share and has a dividend yield of 2.6%. Kimco Realty pays out 125.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Curbline Properties pays out 160.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Kimco Realty has raised its dividend for 2 consecutive years. Kimco Realty is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Institutional and Insider Ownership
89.3% of Kimco Realty shares are held by institutional investors. 2.2% of Kimco Realty shares are held by company insiders. Comparatively, 8.6% of Curbline Properties shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Risk & Volatility
Kimco Realty has a beta of 1.05, meaning that its share price is 5% more volatile than the S&P 500. Comparatively, Curbline Properties has a beta of 0.48, meaning that its share price is 52% less volatile than the S&P 500.
Summary
Kimco Realty beats Curbline Properties on 13 of the 18 factors compared between the two stocks.
About Kimco Realty
Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets.
About Curbline Properties
Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.