Cousins Properties Incorporated (NYSE:CUZ – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $31.50.
CUZ has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cousins Properties in a report on Tuesday, September 22nd. Wall Street Zen upgraded shares of Cousins Properties from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Robert W. Baird boosted their target price on shares of Cousins Properties from $33.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Evercore set a $33.00 target price on shares of Cousins Properties in a research report on Monday, September 21st. Finally, Barclays upped their target price on shares of Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st.
Read Our Latest Stock Analysis on Cousins Properties
Cousins Properties Price Performance
NYSE CUZ opened at $29.17 on Thursday. The stock has a 50-day simple moving average of $28.41 and a 200 day simple moving average of $26.93. Cousins Properties has a twelve month low of $21.03 and a twelve month high of $32.95. The stock has a market capitalization of $4.80 billion, a PE ratio of 729.51, a P/E/G ratio of 2.00 and a beta of 1.19. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.01 and a current ratio of 1.01.
Cousins Properties (NYSE:CUZ – Get Free Report) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.58). The business had revenue of $268.53 million during the quarter, compared to analyst estimates of $263.55 million. Cousins Properties had a net margin of 0.62% and a return on equity of 0.14%. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the business earned $0.70 EPS. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. Research analysts anticipate that Cousins Properties will post 2.97 EPS for the current year.
Cousins Properties Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Monday, October 5th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, October 5th. Cousins Properties’s dividend payout ratio (DPR) is currently 3,200.00%.
Insider Activity
In other news, CAO Jeffrey Symes sold 6,033 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $29.44, for a total transaction of $177,611.52. Following the transaction, the chief accounting officer owned 16,685 shares in the company, valued at approximately $491,206.40. The trade was a 26.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.81% of the company’s stock.
Institutional Investors Weigh In On Cousins Properties
Hedge funds have recently made changes to their positions in the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Cousins Properties in the 1st quarter worth approximately $1,773,000. BROOKFIELD Corp ON acquired a new stake in shares of Cousins Properties during the 1st quarter worth approximately $5,552,000. Squarepoint Ops LLC increased its position in shares of Cousins Properties by 474.1% during the second quarter. Squarepoint Ops LLC now owns 292,324 shares of the real estate investment trust’s stock valued at $8,764,000 after purchasing an additional 241,401 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Cousins Properties during the second quarter valued at approximately $7,084,000. Finally, Royal Bank of Canada increased its position in shares of Cousins Properties by 211.8% during the first quarter. Royal Bank of Canada now owns 98,028 shares of the real estate investment trust’s stock valued at $2,213,000 after purchasing an additional 66,585 shares during the period. Institutional investors own 94.38% of the company’s stock.
Cousins Properties Company Profile
Cousins Properties Incorporated (NYSE: CUZ) is a self-administered and self-managed real estate investment trust that owns, develops, and manages primarily Class A office properties. The company focuses on high-quality buildings designed to serve businesses across a range of industries, with services that include property management, leasing, development, and asset operations.
Founded in 1958 by Thomas G. Cousins, the company has developed a longstanding presence in the commercial real estate industry.
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