Cousins Properties Incorporated (NYSE:CUZ) Given Consensus Rating of “Moderate Buy” by Analysts

Cousins Properties Incorporated (NYSE:CUZ) has been given a consensus recommendation of “Moderate Buy” by the nine research firms that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $30.9091.

Several brokerages have recently weighed in on CUZ. Wall Street Zen upgraded Cousins Properties from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Mizuho boosted their price objective on Cousins Properties from $27.00 to $33.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Barclays upped their price objective on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research 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. Finally, Truist Financial lifted their target price on Cousins Properties from $24.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, June 26th.

Institutional Investors Weigh In On Cousins Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its stake in Cousins Properties by 128.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 692 shares in the last quarter. Arax Advisory Partners purchased a new position in shares of Cousins Properties during the fourth quarter worth approximately $39,000. Elevation Wealth Partners LLC raised its stake in shares of Cousins Properties by 92.3% during the second quarter. Elevation Wealth Partners LLC now owns 1,573 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 755 shares in the last quarter. Avalon Trust Co bought a new stake in shares of Cousins Properties during the first quarter valued at approximately $39,000. Finally, Danske Bank A S purchased a new stake in shares of Cousins Properties in the third quarter valued at approximately $52,000. Institutional investors own 94.38% of the company’s stock.

Cousins Properties Stock Performance

Shares of NYSE:CUZ opened at $29.48 on Friday. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 737.18, a PEG ratio of 1.92 and a beta of 1.18. Cousins Properties has a 12 month low of $21.03 and a 12 month high of $32.95. The firm’s 50-day moving average is $30.13 and its 200 day moving average is $26.37. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.83.

Cousins Properties (NYSE:CUZ) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.58). Cousins Properties had a return on equity of 0.14% and a net margin of 0.62%.The firm had revenue of $268.53 million during the quarter, compared to analysts’ expectations of $263.55 million. During the same period last year, the company earned $0.70 earnings per share. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. Research analysts predict that Cousins Properties will post 2.97 EPS for the current year.

Cousins Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Monday, July 6th were issued a $0.32 dividend. The ex-dividend date was Monday, July 6th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.3%. Cousins Properties’s dividend payout ratio is presently 3,200.00%.

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.