Cousins Properties Incorporated (NYSE:CUZ) Stock Has Consensus Price Target of $31.09 According to Analysts

Cousins Properties Incorporated (NYSE:CUZ) has earned a consensus recommendation of “Moderate Buy” from the ten research firms that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $31.09.

CUZ has been the topic of several analyst reports. Truist Financial boosted their target price on Cousins Properties from $24.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, June 26th. Evercore set a $33.00 price target on Cousins Properties in a report on Monday, September 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cousins Properties in a research report on Tuesday, September 22nd. Barclays upped their price target on shares of Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Finally, Robert W. Baird raised their price objective on shares of Cousins Properties from $33.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, August 14th.

Cousins Properties Price Performance

Shares of NYSE CUZ opened at $27.99 on Friday. The company has a 50 day simple moving average of $29.29 and a two-hundred day simple moving average of $27.58. Cousins Properties has a fifty-two week low of $21.03 and a fifty-two week high of $32.95. The company has a market capitalization of $4.61 billion, a price-to-earnings ratio of 699.92, a P/E/G ratio of 1.88 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) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.58). Cousins Properties had a return on equity of 0.14% and a net margin of 0.62%.The company had revenue of $268.53 million during the quarter, compared to the consensus estimate of $263.55 million. During the same period in the prior year, the firm earned $0.70 earnings per share. The business’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. Analysts expect that Cousins Properties will post 2.97 EPS for the current fiscal year.

Cousins Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, October 5th will be issued a dividend of $0.32 per share. The ex-dividend date is Monday, October 5th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.6%. Cousins Properties’s dividend payout ratio is presently 3,200.00%.

Insider Buying and Selling at Cousins Properties

In related news, CAO Jeffrey Symes sold 6,033 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $29.44, for a total value of $177,611.52. Following the completion of the transaction, the chief accounting officer directly owned 16,685 shares in the company, valued at $491,206.40. The trade was a 26.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.81% of the stock is owned by company insiders.

Institutional Trading of Cousins Properties

A number of institutional investors and hedge funds have recently modified their holdings of CUZ. Avalon Trust Co bought a new position in shares of Cousins Properties during the first quarter valued at $39,000. Clearstead Advisors LLC increased its holdings 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. Elevation Wealth Partners LLC raised its position in Cousins Properties by 92.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,573 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 755 shares during the last quarter. SJS Investment Consulting Inc. purchased a new position in Cousins Properties in the 1st quarter worth about $50,000. Finally, Nykredit A S purchased a new position in Cousins Properties in the 2nd quarter worth about $59,000. Institutional investors own 94.38% of the company’s stock.

About Cousins Properties

Cousins Properties Incorporated (NYSE: CUZ) is a real estate investment trust that owns, develops, acquires, and manages office properties. The company’s portfolio is focused primarily on high-quality office buildings serving corporate tenants across major Sun Belt markets.

Cousins Properties has a presence in several southeastern and southwestern U.S. markets, including Atlanta, Austin, Charlotte, Dallas, Phoenix, and Raleigh. Its activities include property leasing, asset management, redevelopment, and the development of new office projects designed for business and professional users.

Founded in 1958, Cousins Properties became a publicly traded real estate investment trust in 1998.