Cousins Properties (NYSE:CUZ) Shares Pass Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Cousins Properties shares crossed above their 200-day moving average, trading as high as $28.58 and most recently at $27.8930. The stock remains below its 50-day moving average of $30.30.
• Analysts remain broadly positive, with seven Buy ratings and three Holds, an average rating of “Moderate Buy,” and a consensus price target of $31.18.
• The REIT reported quarterly EPS of $0.16, well below the $0.74 consensus estimate, despite revenue of $268.53 million that exceeded expectations. It also pays a quarterly dividend of $0.32 per share, representing a 4.6% annualized yield.

Cousins Properties Incorporated (NYSE:CUZ - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $27.03 and traded as high as $28.58. Cousins Properties shares last traded at $27.8930, with a volume of 1,097,202 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CUZ. Mizuho set a $34.00 price objective on Cousins Properties in a research note on Tuesday. Evercore reiterated an "outperform" rating and issued a $34.00 target price on shares of Cousins Properties in a research report on Monday, July 6th. Robert W. Baird increased their price target on shares of Cousins Properties from $33.00 to $35.00 and gave the stock an "outperform" rating in a report on Friday, August 14th. Wall Street Zen upgraded shares of Cousins Properties from a "sell" rating to a "hold" rating in a report on Saturday, August 1st. Finally, Wells Fargo & Company raised their price target on shares of Cousins Properties from $28.00 to $34.00 and gave the stock an "overweight" rating in a research report on Monday, June 1st. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $31.18.

Cousins Properties Price Performance

The firm has a 50-day simple moving average of $30.30 and a two-hundred day simple moving average of $27.03. The company has a market capitalization of $4.59 billion, a price-to-earnings ratio of 697.50, a P/E/G ratio of 1.86 and a beta of 1.17. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.83.

Cousins Properties (NYSE:CUZ - Get Free Report) last issued its quarterly earnings data 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 net margin of 0.62% and a return on equity of 0.14%. The company had revenue of $268.53 million during the quarter, compared to analyst estimates of $263.55 million. During the same period last year, the firm earned $0.70 EPS. The business's quarterly revenue was up 11.8% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. As a group, analysts predict that Cousins Properties Incorporated will post 2.97 earnings per share for the current fiscal year.

Cousins Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Monday, July 6th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 4.6%. The ex-dividend date was Monday, July 6th. Cousins Properties's dividend payout ratio (DPR) is currently 3,200.00%.

Insider Transactions at Cousins Properties

In other Cousins Properties news, CAO Jeffrey Symes sold 6,033 shares of the company's stock in a transaction that occurred 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 owned 16,685 shares in the company, valued at approximately $491,206.40. This represents a 26.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.81% of the company's stock.

Institutional Investors Weigh In On Cousins Properties

A number of hedge funds and other institutional investors have recently made changes to their positions in CUZ. Avalon Trust Co acquired a new position in shares of Cousins Properties in the 1st quarter valued at $39,000. Arax Advisory Partners acquired a new stake in Cousins Properties during the fourth quarter valued at $39,000. Clearstead Advisors LLC increased its holdings in Cousins Properties by 176.1% in the fourth quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust's stock valued at $46,000 after buying an additional 1,150 shares in the last quarter. Elevation Wealth Partners LLC increased its holdings in Cousins Properties by 92.3% in the second quarter. Elevation Wealth Partners LLC now owns 1,573 shares of the real estate investment trust's stock valued at $47,000 after buying an additional 755 shares in the last quarter. Finally, SJS Investment Consulting Inc. acquired a new position in shares of Cousins Properties in the first quarter worth about $50,000. Institutional investors and hedge funds 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.

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