Cousins Properties (NYSE:CUZ) Given New $33.00 Price Target at Mizuho

Cousins Properties (NYSE:CUZ) had its price target increased by equities researchers at Mizuho from $27.00 to $33.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s price target points to a potential upside of 4.68% from the company’s current price.

Several other brokerages also recently weighed in on CUZ. Wells Fargo & Company boosted their price target on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Weiss Ratings raised Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 25th. Evercore reiterated an “outperform” rating and issued a $34.00 target price on shares of Cousins Properties in a research note on Monday, July 6th. Truist Financial increased their target price on Cousins Properties from $24.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. Finally, Wall Street Zen raised Cousins Properties from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 12th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Cousins Properties has an average rating of “Moderate Buy” and an average target price of $30.36.

Cousins Properties Price Performance

Cousins Properties stock opened at $31.52 on Tuesday. The stock has a market capitalization of $5.19 billion, a P/E ratio of -1,050.48, a P/E/G ratio of 2.33 and a beta of 1.19. Cousins Properties has a 12-month low of $21.03 and a 12-month high of $32.35. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.21 and a quick ratio of 1.21. The firm’s 50-day moving average is $28.62 and its two-hundred day moving average is $25.81.

Cousins Properties (NYSE:CUZ) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.21). The firm had revenue of $263.11 million during the quarter, compared to analyst estimates of $256.77 million. Cousins Properties had a negative net margin of 0.52% and a negative return on equity of 0.11%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.74 EPS. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. Equities analysts predict that Cousins Properties will post 2.95 earnings per share for the current year.

Hedge Funds Weigh In On Cousins Properties

Large investors have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its position in Cousins Properties by 128.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 692 shares during the last quarter. Avalon Trust Co acquired a new stake in Cousins Properties in the 1st quarter valued at approximately $39,000. Arax Advisory Partners bought a new position in Cousins Properties during the fourth quarter worth $39,000. Clearstead Advisors LLC increased its position in Cousins Properties by 176.1% during the fourth quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 1,150 shares during the period. Finally, Elevation Wealth Partners LLC raised its stake in Cousins Properties by 92.3% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,573 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 755 shares during the last quarter. Institutional investors and hedge funds own 94.38% of the company’s stock.

Cousins Properties Company Profile

Cousins Properties Incorporated (NYSE: CUZ) is a publicly traded real estate investment trust (REIT) specializing in the development, acquisition and management of high-quality office and mixed-use properties. Headquartered in Atlanta, the company focuses on urban infill and suburban markets across the Sun Belt, with a strong presence in metropolitan areas such as Atlanta, Austin, Charlotte, Nashville, Orlando and Tampa. Its core activities encompass full-service property leasing, asset management and construction oversight, serving a diverse mix of corporate and institutional tenants.

Founded in 1958 as a privately held real estate concern, Cousins Properties completed its initial public offering in 1992.