Analysts Set Cousins Properties Incorporated (NYSE:CUZ) PT at $28.73

Shares of Cousins Properties Incorporated (NYSE:CUZ) have been assigned an average rating of “Moderate Buy” from the nine ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $28.7273.

CUZ has been the topic of a number of recent research reports. Weiss Ratings cut Cousins Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 15th. Mizuho set a $27.00 price target on Cousins Properties in a report on Tuesday, February 24th. Robert W. Baird set a $33.00 price target on Cousins Properties in a report on Wednesday, February 25th. Truist Financial lowered their price target on Cousins Properties from $28.00 to $24.00 and set a “hold” rating on the stock in a report on Tuesday, March 17th. Finally, Barclays lowered their price target on Cousins Properties from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Sanctuary Advisors LLC increased its stake in Cousins Properties by 1.6% in the 4th quarter. Sanctuary Advisors LLC now owns 30,730 shares of the real estate investment trust’s stock worth $792,000 after purchasing an additional 483 shares in the last quarter. Assetmark Inc. grew its stake in Cousins Properties by 9.6% during the 3rd quarter. Assetmark Inc. now owns 5,781 shares of the real estate investment trust’s stock valued at $167,000 after acquiring an additional 505 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Cousins Properties by 25.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,634 shares of the real estate investment trust’s stock valued at $68,000 after acquiring an additional 526 shares in the last quarter. DoubleLine ETF Adviser LP grew its stake in Cousins Properties by 5.3% during the 3rd quarter. DoubleLine ETF Adviser LP now owns 10,461 shares of the real estate investment trust’s stock valued at $303,000 after acquiring an additional 531 shares in the last quarter. Finally, Polymer Capital Management US LLC grew its stake in Cousins Properties by 4.8% during the 3rd quarter. Polymer Capital Management US LLC now owns 13,889 shares of the real estate investment trust’s stock valued at $402,000 after acquiring an additional 634 shares in the last quarter. 94.38% of the stock is owned by institutional investors and hedge funds.

Cousins Properties Stock Performance

CUZ stock opened at $28.83 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market capitalization of $4.74 billion, a price-to-earnings ratio of -960.68, a PEG ratio of 2.11 and a beta of 1.21. Cousins Properties has a 1 year low of $21.03 and a 1 year high of $30.57. The stock’s fifty day moving average is $26.50 and its two-hundred day moving average is $25.10.

Cousins Properties (NYSE:CUZ) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.21). The company had revenue of $263.11 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.74 earnings per share. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. On average, research analysts predict that Cousins Properties will post 2.93 EPS for the current year.

Cousins Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Monday, July 6th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Monday, July 6th. Cousins Properties’s dividend payout ratio (DPR) is -4,266.67%.

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.