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

Cousins Properties (NYSE:CUZ) released its earnings results on Thursday. The real estate investment trust reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.62, Zacks reports. Cousins Properties had a net margin of 6.17% and a return on equity of 1.14%. Cousins Properties updated its FY 2025 guidance to 2.730-2.830 EPS.

Cousins Properties Stock Up 1.6 %

Shares of Cousins Properties stock traded up $0.47 on Thursday, hitting $30.62. The company had a trading volume of 1,798,541 shares, compared to its average volume of 1,153,377. The stock has a market capitalization of $4.84 billion, a price-to-earnings ratio of 92.80, a P/E/G ratio of 3.94 and a beta of 1.29. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.17 and a current ratio of 1.17. Cousins Properties has a 1 year low of $21.58 and a 1 year high of $32.55. The stock has a 50 day moving average of $30.38 and a 200-day moving average of $29.59.

Cousins Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders 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 yield of 4.18%. The ex-dividend date of this dividend was Friday, January 3rd. Cousins Properties’s dividend payout ratio is currently 387.88%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CUZ shares. BMO Capital Markets cut shares of Cousins Properties from an “outperform” rating to a “market perform” rating and increased their price objective for the stock from $31.00 to $32.00 in a research report on Tuesday, December 3rd. Wells Fargo & Company increased their price target on Cousins Properties from $31.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Robert W. Baird boosted their price objective on Cousins Properties from $33.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. KeyCorp raised Cousins Properties from a “sector weight” rating to an “overweight” rating and set a $34.00 target price for the company in a research note on Tuesday, December 17th. Finally, StockNews.com downgraded Cousins Properties from a “hold” rating to a “sell” rating in a report on Thursday, January 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus 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.