Cousins Properties Incorporated (NYSE:CUZ) Stock Has Consensus Price Target of $31.50 According to Brokerages

Shares of Cousins Properties Incorporated (NYSE:CUZ) have been assigned an average recommendation of “Moderate Buy” from the nine research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $31.50.

Several research firms have recently commented on CUZ. Robert W. Baird raised their price objective on shares of Cousins Properties from $33.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Barclays upped their target price on shares of Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cousins Properties in a research note on Tuesday, September 22nd. Evercore set a $33.00 target price on shares of Cousins Properties in a report on Monday, September 21st. Finally, Wall Street Zen upgraded shares of Cousins Properties from a “sell” rating to a “hold” rating in a report on Saturday, August 1st.

Insider Buying and Selling at Cousins Properties

In other news, CAO Jeffrey Symes sold 6,033 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $29.44, for a total value of $177,611.52. Following the sale, the chief accounting officer directly owned 16,685 shares in the company, valued at approximately $491,206.40. This trade represents a 26.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.81% of the company’s stock.

Institutional Investors Weigh In On Cousins Properties

Several large investors have recently bought and sold shares of CUZ. Signaturefd LLC grew its stake in shares of Cousins Properties by 58.2% during the third quarter. Signaturefd LLC now owns 10,948 shares of the real estate investment trust’s stock worth $303,000 after purchasing an additional 4,027 shares in the last quarter. Capital Investment Advisors LLC increased its holdings in Cousins Properties by 3.6% in the third quarter. Capital Investment Advisors LLC now owns 501,652 shares of the real estate investment trust’s stock valued at $13,866,000 after buying an additional 17,460 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in Cousins Properties by 468.9% in the third quarter. Nisa Investment Advisors LLC now owns 19,440 shares of the real estate investment trust’s stock valued at $537,000 after buying an additional 16,023 shares during the last quarter. Pension & Wealth Management Advisors Inc. purchased a new position in Cousins Properties in the third quarter valued at $25,000. Finally, NorthCrest Asset Manangement LLC raised its stake in Cousins Properties by 92.6% in the third quarter. NorthCrest Asset Manangement LLC now owns 13,375 shares of the real estate investment trust’s stock valued at $371,000 after buying an additional 6,429 shares in the last quarter. Hedge funds and other institutional investors own 94.38% of the company’s stock.

Cousins Properties Price Performance

CUZ stock opened at $28.86 on Thursday. 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 company has a market capitalization of $4.75 billion, a PE ratio of 721.63, a P/E/G ratio of 2.00 and a beta of 1.19. Cousins Properties has a 12-month low of $21.03 and a 12-month high of $32.95. The business’s fifty day moving average price is $28.41 and its 200 day moving average price is $28.15.

Cousins Properties (NYSE:CUZ) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.16 earnings per share (EPS) 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 firm had revenue of $268.53 million for the quarter, compared to analyst estimates of $263.55 million. During the same period in the previous year, the company posted $0.70 EPS. Cousins Properties’s revenue was up 11.8% on a year-over-year basis. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. On average, sell-side analysts anticipate that Cousins Properties will post 2.97 EPS for the current year.

Cousins Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Monday, October 5th were paid a $0.32 dividend. The ex-dividend date was Monday, October 5th. This represents a $1.28 annualized dividend and a dividend yield of 4.4%. Cousins Properties’s payout ratio is 3,200.00%.

About Cousins Properties

Cousins Properties Incorporated (NYSE: CUZ) is a self-administered and self-managed real estate investment trust that owns, develops, and manages primarily Class A office properties. The company focuses on high-quality buildings designed to serve businesses across a range of industries, with services that include property management, leasing, development, and asset operations.

Founded in 1958 by Thomas G. Cousins, the company has developed a longstanding presence in the commercial real estate industry.