Cousins Properties (NYSE:CUZ) Updates FY 2025 Earnings Guidance

Key Points

• Cousins Properties updated its FY 2025 earnings guidance, projecting EPS between $2.790 and $2.850, slightly below the consensus estimate of $2.791.
• Analysts have given a "Moderate Buy" consensus rating on Cousins Properties, with target prices ranging mostly around $31.00 and $32.50 following recent upgrades and downgrades.
• The company recently paid a dividend of $0.32 per share, representing a 4.7% dividend yield, but has a notably high payout ratio of 387.88%.

Cousins Properties (NYSE:CUZ - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.790-2.850 for the period, compared to the consensus estimate of 2.791. The company issued revenue guidance of -.

Cousins Properties Stock Performance

Shares of CUZ traded up $0.19 during mid-day trading on Monday, hitting $26.72. The stock had a trading volume of 373,980 shares, compared to its average volume of 1,479,930. The firm has a market cap of $4.49 billion, a P/E ratio of 72.19, a PEG ratio of 2.47 and a beta of 1.33. The business has a fifty day moving average price of $29.00 and a 200-day moving average price of $28.87. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.45 and a quick ratio of 2.45. Cousins Properties has a 52 week low of $24.07 and a 52 week high of $32.55.

Cousins Properties (NYSE:CUZ - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.70 earnings per share for the quarter, meeting the consensus estimate of $0.70. The company had revenue of $237.72 million during the quarter, compared to analysts' expectations of $243.73 million. Cousins Properties had a return on equity of 1.27% and a net margin of 6.51%. The firm's quarterly revenue was up 12.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.68 earnings per share. On average, equities research analysts expect that Cousins Properties will post 2.76 EPS for the current year.

Cousins Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, July 7th were given a $0.32 dividend. The ex-dividend date was Monday, July 7th. This represents a $1.28 annualized dividend and a dividend yield of 4.8%. Cousins Properties's payout ratio is 345.95%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Truist Financial cut Cousins Properties from a "buy" rating to a "hold" rating and set a $31.00 price target for the company. in a research report on Wednesday, July 2nd. Mizuho lifted their price target on Cousins Properties from $30.00 to $31.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Wolfe Research upgraded Cousins Properties from a "peer perform" rating to an "outperform" rating and set a $31.00 price target for the company in a research report on Monday, April 7th. Wells Fargo & Company reduced their target price on Cousins Properties from $34.00 to $32.00 and set an "overweight" rating for the company in a research report on Monday, May 19th. Finally, Wall Street Zen cut Cousins Properties from a "hold" rating to a "sell" rating in a research report on Saturday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $32.50.

Cousins Properties Company Profile

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.