NYSE:CUZCousins Properties Stock Price, Forecast & News

Cousins Properties' stock was trading at $31.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CUZ stock has increased by 13.4% and is now trading at $35.33. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cousins Properties in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cousins Properties.

Cousins Properties is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Cousins Properties.

Cousins Properties Inc (NYSE:CUZ) posted its quarterly earnings data on Thursday, April, 30th. The real estate investment trust reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.48. The real estate investment trust had revenue of $189.13 million for the quarter, compared to analyst estimates of $183.92 million. Cousins Properties had a net margin of 40.35% and a return on equity of 6.55%. The company's quarterly revenue was up 52.7% on a year-over-year basis. During the same period last year, the company earned $0.20 earnings per share. View Cousins Properties' earnings history.

Cousins Properties announced a quarterly dividend on Wednesday, March 18th. Stockholders of record on Friday, April 3rd will be given a dividend of $0.30 per share on Wednesday, April 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date of this dividend is Thursday, April 2nd. This is a positive change from Cousins Properties's previous quarterly dividend of $0.29. View Cousins Properties' dividend history.

3 brokers have issued 12-month price objectives for Cousins Properties' shares. Their forecasts range from $35.00 to $42.00. On average, they anticipate Cousins Properties' share price to reach $39.00 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View analysts' price targets for Cousins Properties.

Headlines about CUZ stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cousins Properties earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutCousins Properties.

Cousins Properties saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 4,920,000 shares, an increase of 17.4% from the April 15th total of 4,190,000 shares. Based on an average daily trading volume, of 1,080,000 shares, the days-to-cover ratio is currently 4.6 days. Currently, 3.4% of the company's shares are short sold. View Cousins Properties' Current Options Chain.

Some companies that are related to Cousins Properties include Duke Realty (DRE), Vornado Realty Trust (VNO), PS Business Parks (PSB), Spirit Realty Capital (SRC), Lexington Realty Trust (LXP), American Assets Trust (AAT), Washington Real Estate Investment Trust (WRE), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cousins Properties investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Genocea Biosciences (GNCA), Honeywell International (HON) and Micron Technology (MU).

Cousins Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "CUZ."

Cousins Properties' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (13.34%), Principal Financial Group Inc. (5.61%), State Street Corp (4.80%), Alliancebernstein L.P. (2.66%), Cohen & Steers Inc. (2.47%) and Deutsche Bank AG (2.13%). Company insiders that own Cousins Properties stock include John S Mccoll, Lawrence L Gellerstedt III and Richard G Iv Hickson. View institutional ownership trends for Cousins Properties.

CUZ stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Cbre Clarion Securities LLC, Principal Financial Group Inc., Carillon Tower Advisers Inc., Cohen & Steers Inc., Cipher Capital LP, JPMorgan Chase & Co., and Alliancebernstein L.P.. View insider buying and selling activity for Cousins Properties.

CUZ stock was acquired by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Aew Capital Management L P, Deutsche Bank AG, Russell Investments Group Ltd., Balyasny Asset Management LLC, BlackRock Inc., Morgan Stanley, and Morgan Stanley. View insider buying and selling activity for Cousins Properties.

Shares of CUZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CUZ stock can currently be purchased for approximately $35.33.

Cousins Properties has a market capitalization of $5.25 billion and generates $657.52 million in revenue each year. The real estate investment trust earns $150.42 million in net income (profit) each year or $2.94 on an earnings per share basis. Cousins Properties employs 257 workers across the globe.

The official website for Cousins Properties is www.cousins.com.

Cousins Properties' mailing address is 3344 Peachtree Road NE Suite1800, ATLANTA GA, 30326. The real estate investment trust can be reached via phone at 404-407-1000 or via email at [email protected]