Cousins Properties Incorporated Stock News

Wall Street analysts expect Cousins Properties Incorporated (NYSE:CUZ) to post sales of $185.38 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Cousins Properties’ earnings, with estimates ranging from $184.91 million to $185.86 million. Cousins Properties posted sales of $178.63 million in the same quarter last year, which would […]

Equities analysts expect Cousins Properties Incorporated (NYSE:CUZ) to post earnings per share of $0.70 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Cousins Properties earnings. The highest EPS estimate is $0.70 and the lowest is $0.69. Cousins Properties reported earnings per share of $0.68 in the same quarter []

Private Advisor Group LLC boosted its stake in Cousins Properties Incorporated (NYSE:CUZ) by 110.8% in the third quarter, Holdings Channel.com reports. The fund owned 32,690 shares of the real estate investment trusts stock after buying an additional 17,184 shares during the quarter. Private Advisor Group LLCs holdings in Cousins Properties were worth $1,220,000 as of []

Cousins Properties Incorporated with ticker code (CUZ) now have 6 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 48 and 42 calculating the mean target price we have 44.67. Given that the stocks previous close was at 38.08 this is indicating there is a potential upside of 17.3%. The 50 day MA is 39.2 and the 200 day MA is 37.69. The market capitalisation for the company is $5,857m. Company Website: https://www.cousins.com [stock_market_widget type="chart" symbol="CUZ" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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 Omicron variant of COVID-19 appears to have fueled a drop in office occupancy among white-collar workers. Offices in the Sun Belt took a shallower hit from the pandemic, and they have recovered fa

Cousins Properties Incorporated (NYSE:CUZ) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,290,000 shares, a growth of 27.5% from the October 31st total of 2,580,000 shares. Approximately 2.2% of the shares of the stock are short sold. Based on an average trading []

Cousins Properties (NYSE:CUZ) had its target price upped by stock analysts at Wells Fargo & Company from $42.00 to $44.00 in a research report issued on Wednesday, Price Targets.com reports. The firm currently has an overweight rating on the real estate investment trusts stock. Wells Fargo & Companys price objective would suggest a potential upside []

Eii Capital Management Inc. lowered its holdings in Cousins Properties Incorporated (NYSE:CUZ) by 1.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 22,422 shares of the real estate investment trusts stock after selling 300 shares during the quarter. Eii Capital Management Inc.s holdings in Cousins Properties were worth $836,000 as of its most recent []

Rental rates are rising through the roof.

Bank of America Corp DE reduced its position in Cousins Properties Incorporated (NYSE:CUZ) by 43.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 281,984 shares of the real estate investment trusts stock after selling 213,694 shares during the []

Cousins Properties Incorporated with ticker code (CUZ) now have 6 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 48 and 42 calculating the mean target price we have 44.33. Now with the previous closing price of 39.18 this is indicating there is a potential upside of 13.1%. The day 50 moving average is 38.96 and the 200 moving average now moves to 37.48. The company has a market cap of $5,839m. Company Website: /> [stock_market_widget type="chart" symbol="CUZ" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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.

State of Alaska Department of Revenue increased its position in Cousins Properties Incorporated (NYSE:CUZ) by 16.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,553 shares of the real estate investment trusts stock after buying an additional 14,103 shares during the quarter. []

Cousins Properties Incorporated (CUZ) CEO Colin Connolly on Q3 2021 Results - Earnings Call Transcript

Cousins Properties (CUZ) Q3 results reflect growth in rental property revenues with second-generation net rent per square foot (cash basis) climbing 23.1%. The REIT also raises 2021 view.

Cousins Properties (CUZ) delivered FFO and revenue surprises of 0.00% and 2.36%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?