Cousins Properties (CUZ) Projected to Post Quarterly Earnings on Thursday

Cousins Properties (NYSE:CUZ) is expected to issue its quarterly earnings data 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. Parties interested in registering for the company’s conference call can do so using this link.

Cousins Properties Trading Down 3.0 %

Shares of CUZ opened at $29.37 on Thursday. 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 firm has a 50 day simple moving average of $30.53 and a 200-day simple moving average of $29.39. Cousins Properties has a 1-year low of $21.58 and a 1-year high of $32.55. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 88.99, a price-to-earnings-growth ratio of 3.92 and a beta of 1.29.

Cousins Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Friday, January 3rd were paid a dividend of $0.32 per share. The ex-dividend date was Friday, January 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.36%. Cousins Properties’s dividend payout ratio (DPR) is 387.88%.

Analyst Upgrades and Downgrades

CUZ has been the subject of several recent analyst reports. Robert W. Baird lifted their target price on shares of Cousins Properties from $33.00 to $34.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. StockNews.com cut shares of Cousins Properties from a “hold” rating to a “sell” rating in a research note on Thursday, January 9th. Truist Financial lifted their target price on shares of Cousins Properties from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Mizuho raised shares of Cousins Properties from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $22.00 to $30.00 in a research note on Tuesday, January 7th. Finally, Jefferies Financial Group raised shares of Cousins Properties from a “hold” rating to a “buy” rating and lifted their target price for the stock from $33.00 to $36.00 in a research note on Thursday, January 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $33.22.

Cousins Properties Company Profile

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.