Cousins Properties Inc. Reaches New 12-Month High at $11.28 (CUZ)
Cousins Properties (NYSE:CUZ)’s share price reached a new 52-week high during trading on Tuesday, ARN reports. The stock traded as high as $11.28 and last traded at $11.19, with a volume of 1,079,767 shares traded. The stock had previously closed at $11.17.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Cousins Properties in a research note to investors on Wednesday, October 9th. They now have a $11.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Cousins Properties in a research note to investors on Tuesday, September 17th. They now have a $10.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Cousins Properties from a “buy” rating to a “hold” rating in a research note to investors on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Cousins Properties currently has a consensus rating of “Hold” and an average target price of $9.83.
Cousins Properties has a 1-year low of $7.67 and a 1-year high of $11.28. The stock’s 50-day moving average is $10.13 and its 200-day moving average is $10.35. The company has a market cap of $1.350 billion and a P/E ratio of 13.93.
Cousins Properties (NYSE:CUZ) last posted its quarterly earnings results on Monday, July 29th. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.02. The company had revenue of $441.20 million for the quarter. During the same quarter in the prior year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 1257.5% on a year-over-year basis. On average, analysts predict that Cousins Properties will post $0.51 earnings per share for the current fiscal year.
Cousins Properties Incorporated (NYSE:CUZ) is a real estate investment trust (REIT).
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