Cousins Properties Incorporated (NYSE:CUZ) Stock Rated “Moderate Buy” by Wall Street Brokerages

Cousins Properties Incorporated (NYSE:CUZ) has been given a consensus rating of “Moderate Buy” by the ten analysts that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $31.09.

Several analysts have recently weighed in on the stock. Barclays lifted their target price on shares of Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Robert W. Baird increased their price target on shares of Cousins Properties from $33.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Mizuho set a $34.00 price objective on shares of Cousins Properties in a research report on Tuesday, September 8th. Truist Financial lifted their price objective on Cousins Properties from $24.00 to $30.00 and gave the company a “hold” rating in a report on Friday, June 26th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Cousins Properties in a research report on Tuesday, September 22nd.

Insider Buying and Selling at Cousins Properties

In related news, CAO Jeffrey Symes sold 6,033 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $29.44, for a total transaction of $177,611.52. Following the transaction, 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 legal filing with the SEC, which is available at this link. 1.81% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Cousins Properties

A number of hedge funds and other institutional investors have recently bought and sold shares of CUZ. Norges Bank acquired a new position in Cousins Properties during the fourth quarter worth about $53,063,000. Intech Investment Management LLC lifted its position in shares of Cousins Properties by 222.9% during the 4th quarter. Intech Investment Management LLC now owns 251,847 shares of the real estate investment trust’s stock valued at $6,493,000 after acquiring an additional 173,840 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Cousins Properties during the 1st quarter valued at approximately $1,773,000. BROOKFIELD Corp ON purchased a new stake in shares of Cousins Properties during the 1st quarter worth approximately $5,552,000. Finally, Fieldview Capital Management LLC purchased a new stake in shares of Cousins Properties during the 4th quarter worth approximately $2,146,000. Institutional investors and hedge funds own 94.38% of the company’s stock.

Cousins Properties Trading Down 0.0%

NYSE:CUZ opened at $27.63 on Friday. Cousins Properties has a 12-month low of $21.03 and a 12-month high of $32.95. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.83. The stock’s 50 day simple moving average is $29.38 and its 200-day simple moving average is $27.58. The firm has a market cap of $4.55 billion, a P/E ratio of 690.97, a PEG ratio of 1.86 and a beta of 1.19.

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

Cousins Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, October 5th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, October 5th. Cousins Properties’s dividend payout ratio (DPR) is currently 3,200.00%.

Cousins Properties Company Profile

Cousins Properties Incorporated (NYSE: CUZ) is a real estate investment trust that owns, develops, acquires, and manages office properties. The company’s portfolio is focused primarily on high-quality office buildings serving corporate tenants across major Sun Belt markets.

Cousins Properties has a presence in several southeastern and southwestern U.S. markets, including Atlanta, Austin, Charlotte, Dallas, Phoenix, and Raleigh. Its activities include property leasing, asset management, redevelopment, and the development of new office projects designed for business and professional users.

Founded in 1958, Cousins Properties became a publicly traded real estate investment trust in 1998.