Analysts expect Cousins Properties Inc (NYSE:CUZ) to report earnings of $0.74 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Cousins Properties’ earnings, with estimates ranging from $0.72 to $0.75. Cousins Properties posted earnings per share of $0.68 during the same quarter last year, which indicates a positive year over year growth rate of 8.8%. The company is expected to announce its next earnings report on Wednesday, February 5th.

On average, analysts expect that Cousins Properties will report full year earnings of $2.96 per share for the current year, with EPS estimates ranging from $2.95 to $2.97. For the next financial year, analysts expect that the firm will report earnings of $2.82 per share, with EPS estimates ranging from $2.81 to $2.83. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Cousins Properties.

Cousins Properties (NYSE:CUZ) last posted its earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.55). Cousins Properties had a net margin of 9.50% and a return on equity of 1.55%. The firm had revenue of $180.83 million for the quarter, compared to analyst estimates of $174.03 million. During the same period in the previous year, the firm earned $0.15 earnings per share. The company’s revenue for the quarter was up 56.3% on a year-over-year basis.

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus set a $42.00 price target on Cousins Properties and gave the company a “buy” rating in a report on Friday, October 25th. Wells Fargo & Co raised Cousins Properties from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $38.00 to $42.00 in a report on Thursday, September 19th. TheStreet upgraded Cousins Properties from a “c” rating to a “b-” rating in a research report on Tuesday, November 12th. Finally, Zacks Investment Research cut Cousins Properties from a “hold” rating to a “sell” rating and set a $39.00 target price on the stock. in a research report on Thursday, September 12th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $33.50.

Shares of NYSE:CUZ traded up $0.20 during trading hours on Tuesday, hitting $40.43. The stock had a trading volume of 907,935 shares, compared to its average volume of 614,411. The stock’s fifty day simple moving average is $39.65 and its 200 day simple moving average is $33.05. Cousins Properties has a 1-year low of $30.12 and a 1-year high of $41.01. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 2.83 and a beta of 0.91. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.64 and a current ratio of 0.64.

A number of hedge funds have recently made changes to their positions in CUZ. Creative Financial Designs Inc. ADV acquired a new position in Cousins Properties during the second quarter worth about $26,000. Pflug Koory LLC acquired a new stake in Cousins Properties during the second quarter valued at approximately $25,000. Parallel Advisors LLC bought a new stake in Cousins Properties during the third quarter worth approximately $35,000. Hanson McClain Inc. bought a new stake in Cousins Properties during the second quarter worth approximately $41,000. Finally, Global Wealth Management Investment Advisory Inc. bought a new stake in Cousins Properties during the second quarter worth approximately $50,000. 96.54% of the stock is owned by institutional investors and hedge funds.

Cousins Properties Company Profile

Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets.

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Earnings History and Estimates for Cousins Properties (NYSE:CUZ)

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