Cousins Properties (CUZ) to Release Earnings on Thursday

Cousins Properties (NYSE:CUZ) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Cousins Properties to post earnings of $0.07 per share and revenue of $215.34 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Cousins Properties Price Performance

Shares of NYSE:CUZ opened at $30.12 on Tuesday. The company has a market cap of $4.76 billion, a price-to-earnings ratio of 91.28, a PEG ratio of 3.94 and a beta of 1.29. The business has a 50 day moving average price of $30.45 and a 200 day moving average price of $29.54. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.60. Cousins Properties has a twelve month low of $21.58 and a twelve month high of $32.55.

Cousins Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Friday, January 3rd were given a $0.32 dividend. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $1.28 annualized dividend and a dividend yield of 4.25%. Cousins Properties’s dividend payout ratio is 387.88%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. BMO Capital Markets downgraded shares of Cousins Properties from an “outperform” rating to a “market perform” rating and increased their price target for the company from $31.00 to $32.00 in a report on Tuesday, December 3rd. Wells Fargo & Company lifted their target price on Cousins Properties from $31.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Jefferies Financial Group upgraded Cousins Properties from a “hold” rating to a “buy” rating and boosted their price target for the company from $33.00 to $36.00 in a research note on Thursday, January 2nd. Robert W. Baird raised their price objective on Cousins Properties from $33.00 to $34.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Finally, Truist Financial boosted their price objective on Cousins Properties from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.11.

About Cousins Properties

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.