Cousins Properties (NYSE:CUZ – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.920-2.980 for the period, compared to the consensus EPS estimate of 2.950. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
CUZ has been the subject of several recent research reports. Wells Fargo & Company lifted their target price on shares of Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Barclays raised their price target on Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Weiss Ratings upgraded Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th. Mizuho increased their price objective on Cousins Properties from $27.00 to $33.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Finally, Wall Street Zen raised Cousins Properties from a “strong sell” rating to a “sell” rating in a report on Sunday, July 12th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $30.91.
View Our Latest Analysis on Cousins Properties
Cousins Properties Price Performance
Cousins Properties (NYSE:CUZ – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.09. The company had revenue of $268.53 million for the quarter, compared to analysts’ expectations of $263.55 million. Cousins Properties had a negative return on equity of 0.11% and a negative net margin of 0.52%.Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. On average, analysts predict that Cousins Properties will post 2.95 EPS for the current fiscal year.
Cousins Properties Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Monday, July 6th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, July 6th. Cousins Properties’s payout ratio is -4,266.67%.
Institutional Investors Weigh In On Cousins Properties
A number of large investors have recently added to or reduced their stakes in the company. Alyeska Investment Group L.P. raised its stake in shares of Cousins Properties by 308.9% during the fourth quarter. Alyeska Investment Group L.P. now owns 5,175,415 shares of the real estate investment trust’s stock valued at $133,422,000 after acquiring an additional 3,909,740 shares during the last quarter. Invesco Ltd. lifted its holdings in Cousins Properties by 153.2% in the 3rd quarter. Invesco Ltd. now owns 3,170,386 shares of the real estate investment trust’s stock worth $91,751,000 after buying an additional 1,918,393 shares during the period. Millennium Management LLC grew its position in shares of Cousins Properties by 984.5% in the 4th quarter. Millennium Management LLC now owns 1,542,384 shares of the real estate investment trust’s stock worth $39,763,000 after buying an additional 1,400,164 shares during the last quarter. Woodline Partners LP purchased a new position in shares of Cousins Properties during the third quarter valued at approximately $29,341,000. Finally, Balyasny Asset Management L.P. raised its holdings in shares of Cousins Properties by 1,369.1% during the third quarter. Balyasny Asset Management L.P. now owns 905,831 shares of the real estate investment trust’s stock valued at $26,215,000 after acquiring an additional 844,171 shares in the last quarter. Institutional investors own 94.38% of the company’s stock.
About Cousins Properties
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.
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