Cousins Properties (NYSE:CUZ) Price Target Raised to $35.00 at Robert W. Baird

Cousins Properties (NYSE:CUZ) had its target price boosted by analysts at Robert W. Baird from $33.00 to $35.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the real estate investment trust’s stock. Robert W. Baird’s target price points to a potential upside of 16.95% from the stock’s current price.

CUZ has been the topic of several other research reports. Evercore restated an “outperform” rating and issued a $34.00 target price on shares of Cousins Properties in a report on Monday, July 6th. Weiss Ratings raised Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th. Mizuho lifted their target price on Cousins Properties from $27.00 to $33.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Barclays raised their price objective on shares of Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Finally, Wells Fargo & Company lifted their price target on shares of Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Cousins Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.09.

Cousins Properties Price Performance

Cousins Properties stock opened at $29.93 on Friday. The stock’s 50 day moving average is $30.17 and its 200 day moving average is $26.40. Cousins Properties has a one year low of $21.03 and a one year high of $32.95. The firm has a market cap of $4.93 billion, a P/E ratio of 748.36, a P/E/G ratio of 1.93 and a beta of 1.18. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.01 and a quick ratio of 1.01.

Cousins Properties (NYSE:CUZ) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.58). Cousins Properties had a return on equity of 0.14% and a net margin of 0.62%.The firm had revenue of $268.53 million for the quarter, compared to the consensus estimate of $263.55 million. During the same quarter in the previous year, the business posted $0.70 EPS. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. As a group, research analysts expect that Cousins Properties will post 2.97 EPS for the current year.

Institutional Investors Weigh In On Cousins Properties

Several large investors have recently added to or reduced their stakes in CUZ. Farther Finance Advisors LLC lifted its stake in shares of Cousins Properties by 128.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 692 shares in the last quarter. Avalon Trust Co purchased a new position in Cousins Properties during the first quarter worth about $39,000. Arax Advisory Partners purchased a new position in shares of Cousins Properties during the fourth quarter worth about $39,000. Clearstead Advisors LLC grew its stake in Cousins Properties by 176.1% in the 4th quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 1,150 shares in the last quarter. Finally, Elevation Wealth Partners LLC grew its position in Cousins Properties by 92.3% in the second quarter. Elevation Wealth Partners LLC now owns 1,573 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 755 shares in the last quarter. Hedge funds and other institutional investors own 94.38% of the company’s stock.

About Cousins Properties

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.