Cousins Properties (NYSE:CUZ) Releases Quarterly Earnings Results

Cousins Properties (NYSE:CUZGet Free Report) issued its quarterly earnings data on Thursday. The real estate investment trust reported $0.16 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.58), FiscalAI reports. The business had revenue of $268.53 million for the quarter, compared to analysts’ expectations of $263.55 million. Cousins Properties had a negative return on equity of 0.11% and a negative net margin of 0.52%.The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.70 EPS. Cousins Properties updated its FY 2026 guidance to 2.920-2.980 EPS.

Cousins Properties Trading Down 0.2%

Shares of Cousins Properties stock traded down $0.07 during trading on Friday, reaching $31.86. The company’s stock had a trading volume of 834,049 shares, compared to its average volume of 1,989,030. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.83. Cousins Properties has a 52-week low of $21.03 and a 52-week high of $32.95. The firm’s 50-day moving average is $29.51 and its two-hundred day moving average is $26.14. The company has a market cap of $5.24 billion, a price-to-earnings ratio of -1,062.81, a PEG ratio of 2.37 and a beta of 1.19.

Cousins Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Monday, July 6th were paid a $0.32 dividend. The ex-dividend date of this dividend 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 is -4,266.67%.

Institutional Trading of Cousins Properties

Several institutional investors have recently added to or reduced their stakes in the business. Polymer Capital Management US LLC lifted its stake in Cousins Properties by 4.8% in the third quarter. Polymer Capital Management US LLC now owns 13,889 shares of the real estate investment trust’s stock worth $402,000 after acquiring an additional 634 shares during the period. EverSource Wealth Advisors LLC increased its position in Cousins Properties by 55.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,100 shares of the real estate investment trust’s stock valued at $63,000 after purchasing an additional 753 shares during the period. SummitTX Capital L.P. increased its position in Cousins Properties by 0.3% during the 4th quarter. SummitTX Capital L.P. now owns 228,618 shares of the real estate investment trust’s stock valued at $5,894,000 after purchasing an additional 754 shares during the period. Laird Norton Wetherby Wealth Management LLC raised its holdings in shares of Cousins Properties by 2.8% in the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 35,121 shares of the real estate investment trust’s stock valued at $1,016,000 after purchasing an additional 969 shares in the last quarter. Finally, Vident Advisory LLC raised its holdings in shares of Cousins Properties by 3.6% in the 3rd quarter. Vident Advisory LLC now owns 29,509 shares of the real estate investment trust’s stock valued at $854,000 after purchasing an additional 1,036 shares in the last quarter. 94.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CUZ. Weiss Ratings raised shares of Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th. Evercore reaffirmed an “outperform” rating and set a $34.00 price objective on shares of Cousins Properties in a report on Monday, July 6th. Wells Fargo & Company upped their target price on shares of Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Barclays increased their target price on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Finally, Mizuho lifted their price target on Cousins Properties from $27.00 to $33.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Cousins Properties currently has an average rating of “Moderate Buy” and an average target price of $30.91.

Get Our Latest Analysis on CUZ

About Cousins Properties

(Get Free Report)

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.

See Also

Earnings History for Cousins Properties (NYSE:CUZ)

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