Cousins Properties (CUZ) Projected to Post Quarterly Earnings on Thursday

Cousins Properties (NYSE:CUZ) is expected 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Cousins Properties Stock Down 3.0 %

Shares of Cousins Properties stock opened at $29.37 on Thursday. The company has a fifty day moving average price of $30.53 and a 200 day moving average price of $29.39. 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 has a twelve month low of $21.58 and a twelve month high of $32.55. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 88.99, a price-to-earnings-growth ratio of 3.92 and a beta of 1.29.

Cousins Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Friday, January 3rd were given a dividend of $0.32 per share. The ex-dividend date was Friday, January 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 4.36%. Cousins Properties’s dividend payout ratio (DPR) is 387.88%.

Analyst Ratings Changes

CUZ has been the subject of a number of analyst reports. Wells Fargo & Company upped their price objective on shares of Cousins Properties from $31.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Jefferies Financial Group raised shares of Cousins Properties from a “hold” rating to a “buy” rating and upped their price objective for the company from $33.00 to $36.00 in a research report on Thursday, January 2nd. Barclays upped their price objective on shares of Cousins Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. KeyCorp raised shares of Cousins Properties from a “sector weight” rating to an “overweight” rating and set a $34.00 price objective for the company in a research report on Tuesday, December 17th. Finally, StockNews.com cut shares of Cousins Properties from a “hold” rating to a “sell” rating in a research report on Thursday, January 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Cousins Properties has an average rating of “Moderate Buy” and an average target price of $33.22.

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.