Cousins Properties (NYSE:CUZ – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.920-2.980 for the period, compared to the consensus estimate of 2.950. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on CUZ shares. Wall Street Zen upgraded shares of Cousins Properties from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 12th. Wells Fargo & Company raised their price objective on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Mizuho lifted their price objective on Cousins Properties from $27.00 to $33.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Truist Financial boosted their target price on Cousins Properties from $24.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. Finally, Evercore reiterated an “outperform” rating and set a $34.00 target price on shares of Cousins Properties in a research report on Monday, July 6th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $30.91.
Get Our Latest Research Report on Cousins Properties
Cousins Properties Trading Down 1.2%
Cousins Properties (NYSE:CUZ – Get Free Report) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.75 EPS for the quarter, beating the consensus estimate of $0.74 by $0.01. The business had revenue of $268.53 million for the quarter, compared to the consensus estimate of $263.55 million. Cousins Properties had a negative return on equity of 0.11% and a negative net margin of 0.52%.The company’s revenue was up 11.8% on a year-over-year basis. During the same period last year, the business posted $0.70 EPS. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. Equities research analysts forecast that Cousins Properties will post 2.95 EPS for the current fiscal year.
Cousins Properties Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Monday, July 6th were paid a dividend of $0.32 per share. The ex-dividend date was Monday, July 6th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.0%. Cousins Properties’s dividend payout ratio (DPR) is currently -4,266.67%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Laird Norton Wetherby Trust Company LLC acquired a new position in Cousins Properties in the 4th quarter worth approximately $650,000. Corient Private Wealth LLC boosted its position in shares of Cousins Properties by 96.0% in the fourth quarter. Corient Private Wealth LLC now owns 23,967 shares of the real estate investment trust’s stock worth $618,000 after buying an additional 11,738 shares during the period. Brooklyn Investment Group purchased a new position in shares of Cousins Properties during the fourth quarter valued at $500,000. &PARTNERS raised its position in Cousins Properties by 39.1% during the fourth quarter. &PARTNERS now owns 18,779 shares of the real estate investment trust’s stock valued at $484,000 after buying an additional 5,274 shares during the period. Finally, HRT Financial LP acquired a new position in Cousins Properties during the fourth quarter valued at $474,000. 94.38% of the stock is currently owned by hedge funds and other institutional investors.
About Cousins Properties
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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