Streetbeat News

CUZ

Cousins Properties Incorporated

https://www.cousins.com

Industry

REIT - Office

Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments.

Open

30.78

Mkt cap

4.8B

Volume

1.4M

High

30.94

P/E Ratio

90.15

52-wk high

32.44

Low

30.38

Div yield

0.04

52-wk low

19.45

Cousins Properties (NYSE:CUZ) has received varied analyst ratings over the past three months, with a recent increase in average price target to $30.86. Analysts have generally raised their ratings, reflecting positive sentiment towards the company's financial performance, including revenue growth and net margin. However, challenges remain with a lower than average ROE.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 3:00 pm

Barclays analyst Anthony Powell maintains an Overweight rating on Cousins Properties (NYSE:CUZ) and raises the price target from $30 to $35.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 2:18 pm

Analysts have varied opinions on Cousins Properties (NYSE:CUZ), with recent ratings showing a mix of bullish and indifferent sentiments. The average 12-month price target has increased to $30.17, indicating positive expectations. The company's financials show strong revenue growth and net margin, but challenges in ROE.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 7:01 pm

Evercore ISI Group has maintained an 'In-Line' rating for Cousins Properties (NYSE:CUZ) and raised the price target from $29 to $30.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:08 pm

Wells Fargo analyst Blaine Heck has maintained an Overweight rating on Cousins Properties (NYSE:CUZ) and increased the price target from $26 to $31.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 2:25 pm

Cousins Properties (NYSE:CUZ) has seen a positive shift in analyst ratings over the past three months, with a rise in the average 12-month price target from $27.25 to $30.00. Analysts have shown a more bullish outlook, with recent upgrades in ratings and price targets. The company has demonstrated strong financial performance, with revenue growth and a high net margin, although its ROE is below industry standards.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 2:00 pm

Truist Securities has maintained a Buy rating on Cousins Properties (NYSE:CUZ) and raised the price target from $26 to $30, indicating a positive outlook for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 1:12 pm

Evercore ISI Group has downgraded Cousins Properties (NYSE:CUZ) from Outperform to In-Line, while maintaining the price target at $29.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:07 am

Town Lane and Cousins Properties have acquired a 526,000 sq ft Class A office building, Proscenium, in Midtown Atlanta for $83 million. The joint venture involves Town Lane owning 80% and Cousins Properties owning 20%. Cousins will also provide property management and leasing services.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:41 pm

Baird analyst David Rodgers maintains an Outperform rating on Cousins Properties (NYSE:CUZ) and raises the price target from $29 to $31.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:10 pm

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