Cousins Properties Incorporated (NYSE:CUZ) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Cousins Properties Incorporated (NYSE:CUZGet Free Report) have received a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $29.25.

Several equities research analysts recently weighed in on CUZ shares. Evercore reaffirmed an “outperform” rating on shares of Cousins Properties in a report on Friday, February 6th. BMO Capital Markets dropped their price target on shares of Cousins Properties from $31.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. reduced their price target on shares of Cousins Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research note on Tuesday, November 25th. Truist Financial decreased their price objective on shares of Cousins Properties from $30.00 to $28.00 and set a “hold” rating for the company in a report on Monday, December 1st. Finally, Barclays lowered their price objective on shares of Cousins Properties from $34.00 to $28.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th.

View Our Latest Stock Report on Cousins Properties

Institutional Trading of Cousins Properties

Several institutional investors have recently modified their holdings of the company. Corient Private Wealth LLC grew its holdings in Cousins Properties by 45.3% during the fourth quarter. Corient Private Wealth LLC now owns 17,771 shares of the real estate investment trust’s stock worth $458,000 after acquiring an additional 5,542 shares during the period. Hsbc Holdings PLC lifted its holdings in Cousins Properties by 13.8% in the 4th quarter. Hsbc Holdings PLC now owns 795,843 shares of the real estate investment trust’s stock valued at $20,520,000 after acquiring an additional 96,808 shares during the last quarter. Kera Capital Partners Inc. bought a new position in shares of Cousins Properties during the 4th quarter valued at about $209,000. Dean Capital Management boosted its position in shares of Cousins Properties by 104.3% during the 4th quarter. Dean Capital Management now owns 45,601 shares of the real estate investment trust’s stock valued at $1,176,000 after purchasing an additional 23,285 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Cousins Properties by 4.1% in the 4th quarter. Invesco Ltd. now owns 3,301,552 shares of the real estate investment trust’s stock worth $85,114,000 after purchasing an additional 131,166 shares during the last quarter. Institutional investors and hedge funds own 94.38% of the company’s stock.

Cousins Properties Price Performance

Shares of NYSE:CUZ opened at $22.77 on Wednesday. The firm’s 50 day moving average is $24.71 and its two-hundred day moving average is $26.04. The firm has a market capitalization of $3.83 billion, a P/E ratio of 94.89, a PEG ratio of 1.80 and a beta of 1.21. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.71. Cousins Properties has a 52 week low of $21.03 and a 52 week high of $30.81.

Cousins Properties (NYSE:CUZGet Free Report) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.71. Cousins Properties had a return on equity of 0.85% and a net margin of 4.08%.The business had revenue of $255.03 million during the quarter, compared to the consensus estimate of $252.18 million. During the same period in the previous year, the firm posted $0.69 earnings per share. The business’s revenue was up 13.2% on a year-over-year basis. Cousins Properties has set its FY 2026 guidance at 2.870-2.970 EPS. Analysts anticipate that Cousins Properties will post 2.76 earnings per share for the current year.

Cousins Properties declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 17th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to purchase up to 6.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

Cousins Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, January 5th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Monday, January 5th. Cousins Properties’s dividend payout ratio (DPR) is presently 533.33%.

Cousins Properties Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Cousins Properties (NYSE:CUZ)

Receive News & Ratings for Cousins Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cousins Properties and related companies with MarketBeat.com's FREE daily email newsletter.