Cousins Properties (CUZ) Given Daily Coverage Optimism Score of 0.22
Headlines about Cousins Properties (NYSE:CUZ) have been trending somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cousins Properties earned a daily sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 46.3989129758985 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern’s rankings:
- Head-To-Head Comparison: Cousins Properties (CUZ) vs. Empire State Realty Trust (ESRT) (americanbankingnews.com)
- Insider Selling: Cousins Properties Inc (CUZ) Insider Sells 74,351 Shares of Stock (americanbankingnews.com)
- Analysts Expect Cousins Properties Inc (CUZ) to Post $0.14 EPS (americanbankingnews.com)
- Q4 2017 EPS Estimates for Cousins Properties Inc (CUZ) Reduced by SunTrust Banks (americanbankingnews.com)
A number of brokerages have commented on CUZ. Bank of America lifted their target price on shares of Cousins Properties from $9.50 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 3rd. Stifel Nicolaus reaffirmed a “buy” rating and set a $10.50 target price on shares of Cousins Properties in a research note on Thursday, September 21st. Zacks Investment Research downgraded shares of Cousins Properties from a “buy” rating to a “hold” rating in a research note on Monday, October 9th. SunTrust Banks reaffirmed a “buy” rating and set a $10.00 target price on shares of Cousins Properties in a research note on Monday, October 2nd. Finally, ValuEngine raised shares of Cousins Properties from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $10.10.
Shares of Cousins Properties (NYSE:CUZ) traded up $0.10 on Friday, hitting $9.49. 7,458,100 shares of the company’s stock were exchanged, compared to its average volume of 3,709,687. Cousins Properties has a 1-year low of $7.81 and a 1-year high of $9.59. The firm has a market capitalization of $3,964.99, a PE ratio of 14.98 and a beta of 1.09. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.39.
Cousins Properties (NYSE:CUZ) last announced its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). Cousins Properties had a net margin of 48.08% and a return on equity of 8.39%. The company had revenue of $113.20 million for the quarter, compared to analyst estimates of $113.51 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. Cousins Properties’s revenue was up 132.4% on a year-over-year basis. equities analysts forecast that Cousins Properties will post 0.61 earnings per share for the current year.
In other Cousins Properties news, insider S Taylor Glover sold 74,351 shares of Cousins Properties stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $9.41, for a total transaction of $699,642.91. Following the completion of the sale, the insider now directly owns 485,284 shares in the company, valued at $4,566,522.44. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.14% of the stock is owned by company insiders.
About Cousins Properties
Cousins Properties Incorporated is a self-administered and self-managed real estate investment trust. The Company’s segments include Office, Mixed-Use, Other, Atlanta, Austin, Charlotte, Orlando, Tampa, Phoenix and Other. It develops, acquires, leases, manages and owns primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina.
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