Cousins Properties Incorporated (NYSE:CUZ) Receives Average Recommendation of “Moderate Buy” from Brokerages

Cousins Properties Incorporated (NYSE:CUZ) has earned a consensus rating of “Moderate Buy” from the ten ratings firms that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $31.1818.

Several research firms have recently weighed in on CUZ. Robert W. Baird raised their price objective on shares of Cousins Properties from $33.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Wells Fargo & Company increased their target price on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Evercore restated an “outperform” rating and set a $34.00 price target on shares of Cousins Properties in a research report on Monday, July 6th. Wall Street Zen raised Cousins Properties from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Barclays lifted their price target on Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st.

Insiders Place Their Bets

In other Cousins Properties news, CAO Jeffrey Symes sold 6,033 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $29.44, for a total value of $177,611.52. Following the completion of the sale, the chief accounting officer owned 16,685 shares of the company’s stock, valued at $491,206.40. This represents a 26.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.81% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CUZ. Farther Finance Advisors LLC lifted its holdings in shares of 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 during the last quarter. Avalon Trust Co bought a new position in shares of Cousins Properties during the 1st quarter valued at $39,000. Arax Advisory Partners purchased a new position in Cousins Properties in the 4th quarter worth $39,000. Clearstead Advisors LLC raised its position in Cousins Properties by 176.1% in the 4th quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 1,150 shares during the period. Finally, Elevation Wealth Partners LLC lifted its stake in Cousins Properties by 92.3% in the second quarter. Elevation Wealth Partners LLC now owns 1,573 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 755 shares during the last quarter. 94.38% of the stock is currently owned by institutional investors.

Cousins Properties Stock Down 2.3%

CUZ stock opened at $28.44 on Wednesday. The company’s 50 day moving average is $30.35 and its 200 day moving average is $27.01. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 711.15, a price-to-earnings-growth ratio of 1.91 and a beta of 1.17. 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 has a 1-year low of $21.03 and a 1-year high of $32.95.

Cousins Properties (NYSE:CUZ) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.58). Cousins Properties had a net margin of 0.62% and a return on equity of 0.14%. The company had revenue of $268.53 million for the quarter, compared to the consensus estimate of $263.55 million. During the same quarter in the previous year, the firm earned $0.70 earnings per share. The company’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. Sell-side analysts predict that Cousins Properties will post 2.97 EPS for the current fiscal year.

Cousins Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Monday, July 6th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, July 6th. Cousins Properties’s dividend payout ratio (DPR) is currently 3,200.00%.

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.