Equities analysts predict that Cousins Properties Incorporated (NYSE:CUZ) will post sales of $111.74 million for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Cousins Properties’ earnings, with the lowest sales estimate coming in at $105.80 million and the highest estimate coming in at $115.16 million. Cousins Properties posted sales of $111.43 million during the same quarter last year, which suggests a positive year-over-year growth rate of 0.3%. The company is scheduled to report its next quarterly earnings results on Wednesday, February 14th.

According to Zacks, analysts expect that Cousins Properties will report full-year sales of $111.74 million for the current financial year, with estimates ranging from $441.90 million to $466.33 million. For the next financial year, analysts expect that the business will post sales of $473.02 million per share, with estimates ranging from $453.70 million to $486.56 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that cover Cousins Properties.

Cousins Properties (NYSE:CUZ) last announced its earnings results on Wednesday, October 25th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.12). Cousins Properties had a return on equity of 8.39% and a net margin of 48.08%. The company had revenue of $113.20 million during the quarter, compared to analysts’ expectations of $113.51 million. During the same quarter last year, the firm posted $0.22 earnings per share. The firm’s revenue was up 132.4% on a year-over-year basis.

Several brokerages recently issued reports on CUZ. ValuEngine upgraded shares of Cousins Properties from a “hold” rating to a “buy” rating in a research report on Tuesday, October 10th. Zacks Investment Research lowered shares of Cousins Properties from a “buy” rating to a “hold” rating in a research report on Monday, October 9th. Bank of America Corporation upped their target price on shares of Cousins Properties from $9.50 to $10.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 3rd. SunTrust Banks, Inc. reissued a “buy” rating and issued a $10.00 price target on shares of Cousins Properties in a research note on Monday, October 2nd. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $10.50 price target on shares of Cousins Properties in a research note on Thursday, September 21st. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $10.10.

A number of institutional investors have recently bought and sold shares of CUZ. BlackRock Inc. lifted its stake in Cousins Properties by 7.1% in the second quarter. BlackRock Inc. now owns 54,000,967 shares of the real estate investment trust’s stock worth $474,666,000 after purchasing an additional 3,602,825 shares during the last quarter. Prudential Financial Inc. lifted its stake in Cousins Properties by 1,045.9% in the second quarter. Prudential Financial Inc. now owns 3,407,185 shares of the real estate investment trust’s stock worth $29,949,000 after purchasing an additional 3,109,844 shares during the last quarter. Voya Investment Management LLC lifted its stake in Cousins Properties by 1,941.7% in the second quarter. Voya Investment Management LLC now owns 2,838,658 shares of the real estate investment trust’s stock worth $24,951,000 after purchasing an additional 2,699,627 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Cousins Properties by 10.8% in the second quarter. Daiwa Securities Group Inc. now owns 24,258,089 shares of the real estate investment trust’s stock worth $213,228,000 after purchasing an additional 2,356,643 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Cousins Properties by 124.7% in the second quarter. Goldman Sachs Group Inc. now owns 2,878,281 shares of the real estate investment trust’s stock worth $25,301,000 after purchasing an additional 1,597,562 shares during the last quarter.

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Cousins Properties (NYSE:CUZ) opened at $9.01 on Monday. Cousins Properties has a 1 year low of $7.09 and a 1 year high of $9.59. The stock has a market cap of $3,784.39, a price-to-earnings ratio of 14.30 and a beta of 1.10. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.83 and a quick ratio of 0.83.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 12th. Shareholders of record on Monday, October 2nd were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 2.66%. The ex-dividend date was Friday, September 29th. Cousins Properties’s dividend payout ratio is presently 44.44%.

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

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