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

Cousins Properties Incorporated (NYSE:CUZ) has earned a consensus recommendation of “Moderate Buy” from the ten brokerages that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $30.50.

Several research analysts recently weighed in on the stock. Evercore reissued an “outperform” rating on shares of Cousins Properties in a research note on Friday, February 6th. Mizuho set a $29.00 price objective on shares of Cousins Properties and gave the company an “outperform” rating in a research report on Friday, December 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Cousins Properties in a report on Wednesday, January 21st. Wall Street Zen cut shares of Cousins Properties from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Finally, Cantor Fitzgerald set a $28.00 target price on Cousins Properties in a report on Monday, December 1st.

Cousins Properties Trading Up 3.1%

Shares of NYSE CUZ opened at $22.43 on Friday. Cousins Properties has a fifty-two week low of $21.03 and a fifty-two week high of $30.81. The firm has a market capitalization of $3.77 billion, a P/E ratio of 93.46, a P/E/G ratio of 1.72 and a beta of 1.21. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.93 and a quick ratio of 0.93. The company’s 50 day simple moving average is $25.52 and its 200 day simple moving average is $26.64.

Cousins Properties (NYSE:CUZ) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $0.71 EPS for the quarter, hitting analysts’ consensus estimates of $0.71. The firm had revenue of $255.03 million during the quarter, compared to analyst estimates of $252.18 million. Cousins Properties had a net margin of 4.08% and a return on equity of 0.85%. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.69 EPS. Cousins Properties has set its FY 2026 guidance at 2.870-2.970 EPS. On average, analysts predict that Cousins Properties will post 2.76 EPS for the current year.

Cousins Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, January 5th were paid a $0.32 dividend. The ex-dividend date was Monday, January 5th. This represents a $1.28 annualized dividend and a yield of 5.7%. Cousins Properties’s payout ratio is presently 533.33%.

Institutional Trading of Cousins Properties

Institutional investors have recently made changes to their positions in the business. Alyeska Investment Group L.P. boosted its position in Cousins Properties by 308.9% during the fourth quarter. Alyeska Investment Group L.P. now owns 5,175,415 shares of the real estate investment trust’s stock valued at $133,422,000 after purchasing an additional 3,909,740 shares during the last quarter. Norges Bank acquired a new stake in shares of Cousins Properties in the 4th quarter valued at approximately $53,063,000. Invesco Ltd. increased its holdings in Cousins Properties by 153.2% during the third quarter. Invesco Ltd. now owns 3,170,386 shares of the real estate investment trust’s stock worth $91,751,000 after buying an additional 1,918,393 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC raised its position in Cousins Properties by 454.9% during the second quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,627,864 shares of the real estate investment trust’s stock worth $48,885,000 after acquiring an additional 1,334,492 shares in the last quarter. Finally, Jennison Associates LLC lifted its stake in Cousins Properties by 51.5% in the second quarter. Jennison Associates LLC now owns 3,535,111 shares of the real estate investment trust’s stock valued at $106,159,000 after acquiring an additional 1,200,952 shares during the last quarter. Institutional investors own 94.38% of the company’s stock.

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.