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

Cousins Properties (NYSE:CUZ) released its quarterly earnings results on Thursday. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 Up 1.8 %

Cousins Properties stock opened at $31.22 on Friday. The firm has a market capitalization of $4.94 billion, a P/E ratio of 104.07, a P/E/G ratio of 3.95 and a beta of 1.29. The stock’s fifty day simple moving average is $30.35 and its 200-day simple moving average is $29.59. Cousins Properties has a twelve month low of $21.58 and a twelve month high of $32.55. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.60.

Cousins Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Friday, January 3rd were paid a $0.32 dividend. The ex-dividend date was Friday, January 3rd. This represents a $1.28 annualized dividend and a dividend yield of 4.10%. Cousins Properties’s dividend payout ratio (DPR) is 426.67%.

Analysts Set New Price Targets

Several brokerages recently commented on CUZ. KeyCorp upgraded Cousins Properties from a “sector weight” rating to an “overweight” rating and set a $34.00 price target for the company in a research report on Tuesday, December 17th. Mizuho raised shares of Cousins Properties from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $22.00 to $30.00 in a report on Tuesday, January 7th. Barclays reduced their target price on Cousins Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Truist Financial upped their target price on shares of Cousins Properties from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Finally, Robert W. Baird boosted their price target on shares of Cousins Properties from $33.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently 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.