Cousins Properties Incorporated (NYSE:CUZ) Receives $31.09 Average PT from Analysts

Cousins Properties Incorporated (NYSE:CUZ) has been assigned an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the company, MarketBeat Ratings reports. Three 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 brokers that have issued ratings on the stock in the last year is $31.0909.

Several equities research analysts recently issued reports on CUZ shares. Truist Financial lifted their price objective on shares of Cousins Properties from $24.00 to $30.00 and gave the company a “hold” rating in a research note on Friday, June 26th. Robert W. Baird increased their target price on shares of Cousins Properties from $33.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Wells Fargo & Company raised their target price on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Barclays boosted their price target on Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Finally, Weiss Ratings upgraded Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th.

Cousins Properties Trading Down 0.3%

NYSE:CUZ opened at $29.15 on Wednesday. The stock’s 50 day moving average price is $30.40 and its 200 day moving average price is $26.90. Cousins Properties has a 52 week low of $21.03 and a 52 week high of $32.95. The company has a market capitalization of $4.80 billion, a P/E ratio of 728.93, a P/E/G ratio of 1.92 and a beta of 1.17. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.01 and a current ratio of 1.01.

Cousins Properties (NYSE:CUZ) last issued its quarterly earnings data 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). The business had revenue of $268.53 million for the quarter, compared to the consensus estimate of $263.55 million. Cousins Properties had a net margin of 0.62% and a return on equity of 0.14%. Cousins Properties’s revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.70 EPS. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. On average, research analysts forecast that Cousins Properties will post 2.97 EPS for the current fiscal year.

Cousins Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Monday, July 6th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, July 6th. Cousins Properties’s dividend payout ratio (DPR) is 3,200.00%.

Insider Activity at Cousins Properties

In other news, CAO Jeffrey Symes sold 6,033 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were 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 directly owned 16,685 shares in the company, valued at approximately $491,206.40. The trade was a 26.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.81% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CUZ. Corient Private Wealth LP boosted its holdings in Cousins Properties by 48.5% during the second quarter. Corient Private Wealth LP now owns 101,030 shares of the real estate investment trust’s stock valued at $3,029,000 after acquiring an additional 33,002 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Cousins Properties in the second quarter worth about $4,122,000. California State Teachers Retirement System lifted its position in shares of Cousins Properties by 2,705.9% during the 2nd quarter. California State Teachers Retirement System now owns 5,682,769 shares of the real estate investment trust’s stock worth $170,369,000 after purchasing an additional 5,480,239 shares during the last quarter. HB Wealth Management LLC acquired a new position in shares of Cousins Properties during the 2nd quarter worth about $244,000. Finally, Syon Capital LLC boosted its stake in Cousins Properties by 112.7% during the 2nd quarter. Syon Capital LLC now owns 28,507 shares of the real estate investment trust’s stock valued at $855,000 after purchasing an additional 15,104 shares during the period. Institutional investors 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.