Cousins Properties Incorporated (NYSE:CUZ) Receives $30.50 Average Price Target from Analysts

Shares of Cousins Properties Incorporated (NYSE:CUZ) have been given an average recommendation of “Moderate Buy” by the ten research firms that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $30.50.

A number of research firms have recently issued reports on CUZ. Wall Street Zen downgraded shares of Cousins Properties from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Evercore ISI reissued an “outperform” rating on shares of Cousins Properties in a research report on Friday, February 6th. Truist Financial decreased their price target on Cousins Properties from $30.00 to $28.00 and set a “hold” rating on the stock in a research note on Monday, December 1st. Wells Fargo & Company lowered their price target on Cousins Properties from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Monday, November 10th. Finally, JPMorgan Chase & Co. cut their price objective on Cousins Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th.

Hedge Funds Weigh In On Cousins Properties

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Personalized Indexing Management LLC lifted its holdings in Cousins Properties by 6.3% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 24,106 shares of the real estate investment trust’s stock worth $621,000 after buying an additional 1,422 shares during the last quarter. Fieldview Capital Management LLC acquired a new stake in shares of Cousins Properties during the 4th quarter worth about $2,146,000. Kennedy Capital Management LLC purchased a new stake in Cousins Properties during the fourth quarter worth approximately $9,578,000. Arax Advisory Partners acquired a new position in Cousins Properties in the fourth quarter valued at approximately $39,000. Finally, Ontario Teachers Pension Plan Board boosted its holdings in Cousins Properties by 14.2% in the fourth quarter. Ontario Teachers Pension Plan Board now owns 91,049 shares of the real estate investment trust’s stock valued at $2,347,000 after purchasing an additional 11,323 shares in the last quarter. 94.38% of the stock is owned by institutional investors and hedge funds.

Cousins Properties Trading Up 3.1%

CUZ stock opened at $22.43 on Friday. Cousins Properties has a 12-month low of $21.03 and a 12-month high of $30.81. The business’s 50-day moving average is $25.48 and its 200 day moving average is $26.60. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.71. The stock has a market cap of $3.77 billion, a price-to-earnings ratio of 93.46, a PEG ratio of 1.77 and a beta of 1.21.

Cousins Properties (NYSE:CUZ) last announced its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $0.71 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.71. Cousins Properties had a return on equity of 0.85% and a net margin of 4.08%.The company had revenue of $255.03 million for the quarter, compared to analyst estimates of $252.18 million. During the same quarter last year, the firm posted $0.69 EPS. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. Cousins Properties has set its FY 2026 guidance at 2.870-2.970 EPS. On average, sell-side analysts anticipate that Cousins Properties will post 2.76 EPS for the current fiscal year.

Cousins Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, January 5th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend was Monday, January 5th. Cousins Properties’s dividend payout ratio (DPR) is currently 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.