Cousins Properties (NYSE:CUZ) Releases Earnings Results, Beats Estimates By $0.62 EPS

Cousins Properties (NYSE:CUZ) issued its quarterly earnings results on Thursday. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.62, Zacks reports. Cousins Properties had a net margin of 6.17% and a return on equity of 1.14%. Cousins Properties updated its FY 2025 guidance to 2.730-2.830 EPS.

Cousins Properties Trading Up 1.6 %

CUZ stock traded up $0.47 during midday trading on Thursday, hitting $30.62. The company had a trading volume of 1,798,541 shares, compared to its average volume of 1,153,377. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.60. Cousins Properties has a 52 week low of $21.58 and a 52 week high of $32.55. The stock has a market cap of $4.84 billion, a price-to-earnings ratio of 92.80, a PEG ratio of 3.94 and a beta of 1.29. The stock’s 50 day moving average price is $30.38 and its 200 day moving average price is $29.59.

Cousins Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Friday, January 3rd were paid a $0.32 dividend. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 4.18%. Cousins Properties’s dividend payout ratio (DPR) is currently 387.88%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. StockNews.com cut Cousins Properties from a “hold” rating to a “sell” rating in a research report on Thursday, January 9th. BMO Capital Markets lowered shares of Cousins Properties from an “outperform” rating to a “market perform” rating and upped their target price for the stock from $31.00 to $32.00 in a report on Tuesday, December 3rd. Mizuho raised Cousins Properties from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $22.00 to $30.00 in a report on Tuesday, January 7th. Robert W. Baird lifted their price objective on shares of Cousins Properties from $33.00 to $34.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Finally, Jefferies Financial Group raised Cousins Properties from a “hold” rating to a “buy” rating and increased their target price for the company from $33.00 to $36.00 in a research note on Thursday, January 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Cousins Properties has a consensus rating of “Moderate Buy” and a consensus target price of $33.11.

About Cousins Properties

Cousins Properties Incorporated ("Cousins") is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company, based in Atlanta and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high-growth Sun Belt markets.