NYSE:CUZ - Cousins Properties Stock Price, Forecast & News

Cousins Properties' stock was trading at $31.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CUZ stock has decreased by 10.1% and is now trading at $27.99. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cousins Properties in the last year. There are currently 2 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, April 22nd 2020. View our earnings forecast for Cousins Properties.

Cousins Properties Inc (NYSE:CUZ) announced its quarterly earnings results on Wednesday, February, 5th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.06. The real estate investment trust had revenue of $194.44 million for the quarter, compared to analyst estimates of $183.76 million. Cousins Properties had a return on equity of 3.77% and a net margin of 22.88%. The company's revenue was up 58.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.17 EPS. View Cousins Properties' earnings history.

Cousins Properties announced a quarterly dividend on Wednesday, March 18th. Shareholders 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 annualized dividend and a yield of 4.29%. 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.

Cousins Properties issued an update on its FY20 earnings guidance on Wednesday, February, 5th. The company provided EPS guidance of $2.72-2.86 for the period, compared to the Thomson Reuters consensus estimate of $2.81.

2 Wall Street analysts have issued 12-month target prices for Cousins Properties' stock. Their forecasts range from $42.00 to $42.00. On average, they expect Cousins Properties' stock price to reach $42.00 in the next year. This suggests a possible upside of 50.1% from the stock's current price. View analysts' price targets for Cousins Properties.

News coverage about CUZ stock has trended very positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cousins Properties earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCousins Properties.

Cousins Properties saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 4,866,300 shares, an increase of 18.7% from the February 27th total of 4,100,000 shares. Based on an average daily trading volume, of 794,700 shares, the short-interest ratio is currently 6.1 days. Approximately 3.3% of the shares of the company 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), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO).

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), Micron Technology (MU), Honeywell International (HON), Genocea Biosciences (GNCA), Aegean Marine Petroleum Network (ANW) and Transocean (RIG).

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

Cousins Properties' stock is owned by a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (5.97%), State Street Corp (4.78%), Alliancebernstein L.P. (2.85%), Daiwa Securities Group Inc. (2.72%), Cohen & Steers Inc. (2.70%) and Ceredex Value Advisors LLC (1.85%). Company insiders that own Cousins Properties stock include Edward Manuel Casal, John S Mccoll and Lawrence L Gellerstedt III. View institutional ownership trends for Cousins Properties.

CUZ stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Victory Capital Management Inc., Victory Capital Management Inc., Principal Financial Group Inc., Nuveen Asset Management LLC, Cramer Rosenthal Mcglynn LLC, Panagora Asset Management Inc., and Schroder Investment Management Group. View insider buying and selling activity for Cousins Properties.

CUZ stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Daiwa Securities Group Inc., Cohen & Steers Inc., Russell Investments Group Ltd., Jennison Associates LLC, Eaton Vance Management, Securian Asset Management Inc, and Cipher Capital LP. 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 $27.99.

Cousins Properties has a market capitalization of $4.11 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. View additional information about Cousins Properties.

The official website for Cousins Properties is http://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]