Cousins Properties (NYSE:CUZ - Get Free Report) is expected to be announcing its earnings results after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $215.34 million for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Cousins Properties Price Performance
Cousins Properties stock traded up $1.18 during mid-day trading on Thursday, reaching $30.49. The company had a trading volume of 492,608 shares, compared to its average volume of 1,080,095. The stock's 50-day simple moving average is $30.53 and its 200-day simple moving average is $29.39. Cousins Properties has a 1 year low of $21.58 and a 1 year high of $32.55. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market capitalization of $4.82 billion, a P/E ratio of 92.38, a P/E/G ratio of 3.92 and a beta of 1.29.
Cousins Properties Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Friday, January 3rd were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 4.20%. Cousins Properties's payout ratio is 387.88%.
Wall Street Analysts Forecast Growth
CUZ has been the topic of several recent research reports. Jefferies Financial Group raised shares of Cousins Properties from a "hold" rating to a "buy" rating and upped their price target for the company from $33.00 to $36.00 in a report on Thursday, January 2nd. BMO Capital Markets downgraded Cousins Properties from an "outperform" rating to a "market perform" rating and raised their price target for the stock from $31.00 to $32.00 in a research report on Tuesday, December 3rd. KeyCorp upgraded Cousins Properties from a "sector weight" rating to an "overweight" rating and set a $34.00 price objective on the stock in a research report on Tuesday, December 17th. StockNews.com cut Cousins Properties from a "hold" rating to a "sell" rating in a research report on Thursday, January 9th. Finally, Robert W. Baird upped their target price on shares of Cousins Properties from $33.00 to $34.00 and gave the company an "outperform" rating in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $33.22.
Read Our Latest Analysis on CUZ
About Cousins Properties
(
Get Free Report)
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.
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