Cousins Properties (NYSE:CUZ) Issues Earnings Results

Cousins Properties (NYSE:CUZ) issued its quarterly earnings data on Thursday. The real estate investment trust reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.62, Zacks reports. Cousins Properties had a net margin of 6.17% and a return on equity of 1.14%. Cousins Properties updated its FY 2025 guidance to 2.730-2.830 EPS.

Cousins Properties Price Performance

Shares of NYSE:CUZ traded down $0.15 during trading on Friday, reaching $30.51. 494,197 shares of the company’s stock traded hands, compared to its average volume of 1,124,198. The firm has a market cap of $4.82 billion, a PE ratio of 92.11, a P/E/G ratio of 3.94 and a beta of 1.29. Cousins Properties has a fifty-two week low of $21.58 and a fifty-two week high of $32.55. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.60. The company has a 50-day simple moving average of $30.35 and a 200-day simple moving average of $29.59.

Cousins Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Friday, January 3rd were given a $0.32 dividend. The ex-dividend date was Friday, January 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.20%. Cousins Properties’s dividend payout ratio (DPR) is currently 387.88%.

Analysts Set New Price Targets

Several equities analysts have issued reports on CUZ shares. Jefferies Financial Group raised shares of Cousins Properties from a “hold” rating to a “buy” rating and lifted their price target for the stock from $33.00 to $36.00 in a report on Thursday, January 2nd. Wells Fargo & Company increased their price target on Cousins Properties from $31.00 to $34.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. StockNews.com lowered Cousins Properties from a “hold” rating to a “sell” rating in a research note on Thursday, January 9th. Barclays lowered their price target on Cousins Properties from $36.00 to $35.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Truist Financial increased their price objective on Cousins Properties from $30.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.11.

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.