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

Cousins Properties Incorporated (NYSE:CUZ) has earned a consensus rating of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $28.7273.

CUZ has been the topic of several analyst reports. Wall Street Zen upgraded shares of Cousins Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 13th. Capital One Financial set a $27.00 price target on shares of Cousins Properties in a research report on Thursday, March 12th. Wells Fargo & Company increased their price target on shares of Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Truist Financial reduced their price target on shares of Cousins Properties from $28.00 to $24.00 and set a “hold” rating on the stock in a research report on Tuesday, March 17th. Finally, BMO Capital Markets reduced their price target on shares of Cousins Properties from $31.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th.

Cousins Properties Stock Performance

NYSE CUZ opened at $28.29 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $4.66 billion, a price-to-earnings ratio of -942.79, a P/E/G ratio of 2.05 and a beta of 1.21. The firm’s 50 day simple moving average is $26.14 and its 200 day simple moving average is $25.04. Cousins Properties has a 1 year low of $21.03 and a 1 year high of $30.79.

Cousins Properties (NYSE:CUZ) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.21). The firm had revenue of $263.11 million for the quarter, compared to analyst estimates of $256.77 million. Cousins Properties had a negative return on equity of 0.11% and a negative net margin of 0.52%.The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.74 EPS. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. As a group, research analysts expect that Cousins Properties will post 2.93 earnings per share for the current fiscal year.

Institutional Trading of Cousins Properties

A number of hedge funds have recently added to or reduced their stakes in CUZ. Centersquare Investment Management LLC lifted its holdings in shares of Cousins Properties by 2.4% during the third quarter. Centersquare Investment Management LLC now owns 5,668,140 shares of the real estate investment trust’s stock worth $164,036,000 after purchasing an additional 132,479 shares during the period. Tudor Investment Corp ET AL lifted its holdings in shares of Cousins Properties by 1,582.5% during the third quarter. Tudor Investment Corp ET AL now owns 463,057 shares of the real estate investment trust’s stock worth $13,401,000 after purchasing an additional 435,535 shares during the period. Algebris UK Ltd. acquired a new position in shares of Cousins Properties during the fourth quarter worth $12,208,000. Intech Investment Management LLC lifted its holdings in shares of Cousins Properties by 222.9% during the fourth quarter. Intech Investment Management LLC now owns 251,847 shares of the real estate investment trust’s stock worth $6,493,000 after purchasing an additional 173,840 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in shares of Cousins Properties by 3.4% during the fourth quarter. Principal Financial Group Inc. now owns 12,890,208 shares of the real estate investment trust’s stock worth $332,310,000 after purchasing an additional 419,911 shares during the period. Institutional investors and hedge funds own 94.38% of the company’s stock.

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.