Shares of Cousins Properties Incorporated (NYSE:CUZ – Get 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
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:CUZ – Get 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
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
- Five stocks we like better than Cousins Properties
- The $8,000 Gold Call Every Retirement Saver Needs to Read Right Now
- A personal warning from Martin Weiss (Please read)
- Elon Musk: This Could Turn $100 into $100,000
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- America’s gold reserves are priced at $42. The real price is $6,000+.
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.
