Cousins Properties (NYSE:CUZ) Given "Hold (C)" Rating at Weiss Ratings

Key Points

• Cousins Properties (NYSE: CUZ) has received a "hold (C)" rating from Weiss Ratings, reflecting a cautious outlook on the stock.
• Multiple analysts have varying perspectives on CUZ, with Evercore ISI raising its target price to $32 and Jefferies lowering it to $27, highlighting mixed sentiments in the market.
• Cousins Properties reported earnings of $0.70 EPS for the last quarter, meeting consensus estimates, and has a market cap of approximately $4.47 billion.

Cousins Properties (NYSE:CUZ - Get Free Report)'s stock had its "hold (c)" rating reissued by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

CUZ has been the topic of a number of other research reports. Evercore ISI raised their target price on shares of Cousins Properties from $31.00 to $32.00 and gave the company an "in-line" rating in a research report on Monday, September 15th. Wall Street Zen raised Cousins Properties from a "sell" rating to a "hold" rating in a report on Friday, October 3rd. Jefferies Financial Group lowered Cousins Properties from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $34.00 to $27.00 in a research report on Monday, October 13th. Mizuho increased their target price on Cousins Properties from $30.00 to $31.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Finally, JPMorgan Chase & Co. lifted their price target on Cousins Properties from $35.00 to $37.00 and gave the company an "overweight" rating in a research note on Tuesday, September 30th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Cousins Properties currently has a consensus rating of "Moderate Buy" and a consensus price target of $32.18.

Cousins Properties Stock Performance

Cousins Properties stock traded down $0.00 during midday trading on Friday, hitting $26.64. The company's stock had a trading volume of 944,124 shares, compared to its average volume of 1,159,698. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.45 and a quick ratio of 2.45. The company has a market cap of $4.47 billion, a price-to-earnings ratio of 72.00, a PEG ratio of 2.41 and a beta of 1.39. Cousins Properties has a 1-year low of $24.07 and a 1-year high of $32.55. The company has a 50-day moving average price of $28.22 and a two-hundred day moving average price of $28.21.

Cousins Properties (NYSE:CUZ - Get Free Report) last announced its earnings results on Thursday, July 31st. The real estate investment trust reported $0.70 EPS for the quarter, hitting the consensus estimate of $0.70. Cousins Properties had a net margin of 6.51% and a return on equity of 1.27%. The company had revenue of $237.72 million for the quarter, compared to analysts' expectations of $243.73 million. The business's revenue for the quarter was up 12.7% on a year-over-year basis. During the same period last year, the firm earned $0.68 earnings per share. Cousins Properties has set its FY 2025 guidance at 2.790-2.850 EPS. As a group, sell-side analysts predict that Cousins Properties will post 2.76 earnings per share for the current year.

Insider Buying and Selling

In other Cousins Properties news, CAO Jeffrey D. Symes sold 4,612 shares of the company's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $29.30, for a total value of $135,131.60. Following the sale, the chief accounting officer owned 13,518 shares in the company, valued at approximately $396,077.40. The trade was a 25.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.40% of the company's stock.

Hedge Funds Weigh In On Cousins Properties

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Spire Wealth Management bought a new stake in Cousins Properties in the first quarter valued at approximately $25,000. N.E.W. Advisory Services LLC acquired a new position in shares of Cousins Properties in the 1st quarter worth approximately $36,000. SJS Investment Consulting Inc. bought a new stake in shares of Cousins Properties in the 3rd quarter valued at $48,000. EverSource Wealth Advisors LLC boosted its stake in shares of Cousins Properties by 55.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,100 shares of the real estate investment trust's stock valued at $63,000 after purchasing an additional 753 shares during the last quarter. Finally, UMB Bank n.a. increased its position in shares of Cousins Properties by 74.8% during the second quarter. UMB Bank n.a. now owns 2,341 shares of the real estate investment trust's stock worth $70,000 after buying an additional 1,002 shares during the period. 94.38% of the stock is owned by institutional investors and hedge funds.

About Cousins Properties

Cousins Properties Incorporated ("Cousins") is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company, based in Atlanta and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high-growth Sun Belt markets.

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