Cousins Properties (NYSE:CUZ) Releases Earnings Results, Beats Expectations By $0.62 EPS

Cousins Properties (NYSE:CUZ) released its quarterly earnings data on Thursday. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.62, Zacks reports. Cousins Properties had a net margin of 5.36% and a return on equity of 1.03%. Cousins Properties updated its FY 2025 guidance to 2.730-2.830 EPS.

Cousins Properties Stock Performance

Shares of CUZ stock opened at $31.22 on Friday. The stock’s 50-day moving average price is $30.35 and its 200 day moving average price is $29.59. 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 stock has a market capitalization of $4.94 billion, a PE ratio of 104.07, a price-to-earnings-growth ratio of 3.95 and a beta of 1.29. Cousins Properties has a 52-week low of $21.58 and a 52-week high of $32.55.

Cousins Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Friday, January 3rd were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date was Friday, January 3rd. Cousins Properties’s dividend payout ratio is currently 426.67%.

Wall Street Analyst Weigh In

CUZ has been the subject of a number of recent analyst reports. Mizuho raised Cousins Properties from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $22.00 to $30.00 in a report on Tuesday, January 7th. Jefferies Financial Group raised 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. Barclays cut their price objective on shares of Cousins Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. BMO Capital Markets cut shares of Cousins Properties from an “outperform” rating to a “market perform” rating and upped their target price for the company from $31.00 to $32.00 in a report on Tuesday, December 3rd. Finally, KeyCorp upgraded shares of Cousins Properties from a “sector weight” rating to an “overweight” rating and set a $34.00 price target on the stock in a research note on Tuesday, December 17th. 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 company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $33.11.

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.