Robert W. Baird Forecasts Strong Price Appreciation for Cousins Properties (NYSE:CUZ) Stock

Cousins Properties (NYSE:CUZ) had its price objective upped by Robert W. Baird from $33.00 to $35.00 in a report issued on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Robert W. Baird’s target price suggests a potential upside of 16.95% from the stock’s previous close.

CUZ has been the topic of a number of other research reports. Wells Fargo & Company raised their target price on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Weiss Ratings raised Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 25th. Evercore restated an “outperform” rating and set a $34.00 price objective on shares of Cousins Properties in a research report on Monday, July 6th. Mizuho raised their price objective on Cousins Properties from $27.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Finally, Barclays raised their price objective on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $31.09.

Cousins Properties Stock Performance

Shares of Cousins Properties stock opened at $29.93 on Friday. The company has a 50 day moving average of $30.17 and a 200-day moving average of $26.40. Cousins Properties has a 1-year low of $21.03 and a 1-year high of $32.95. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.83. The company has a market cap of $4.93 billion, a PE ratio of 748.36, a price-to-earnings-growth ratio of 1.93 and a beta of 1.18.

Cousins Properties (NYSE:CUZ) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.58). Cousins Properties had a net margin of 0.62% and a return on equity of 0.14%. The firm had revenue of $268.53 million during the quarter, compared to the consensus estimate of $263.55 million. During the same period last year, the business earned $0.70 earnings per share. The business’s revenue was up 11.8% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. As a group, equities research analysts forecast that Cousins Properties will post 2.97 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Sanctuary Advisors LLC boosted its holdings in shares of Cousins Properties by 1.6% during the 4th quarter. Sanctuary Advisors LLC now owns 30,730 shares of the real estate investment trust’s stock valued at $792,000 after acquiring an additional 483 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Cousins Properties by 25.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,634 shares of the real estate investment trust’s stock valued at $68,000 after purchasing an additional 526 shares during the last quarter. Polymer Capital Management US LLC boosted its stake in shares of Cousins Properties by 4.8% during the third quarter. Polymer Capital Management US LLC now owns 13,889 shares of the real estate investment trust’s stock valued at $402,000 after purchasing an additional 634 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Cousins Properties by 25.6% during the second quarter. GAMMA Investing LLC now owns 3,175 shares of the real estate investment trust’s stock worth $95,000 after purchasing an additional 648 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Cousins Properties by 0.4% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 183,511 shares of the real estate investment trust’s stock valued at $4,142,000 after buying an additional 666 shares during the period. 94.38% of the stock is currently owned by institutional investors and hedge funds.

About Cousins Properties

Cousins Properties Incorporated (NYSE: CUZ) is a publicly traded real estate investment trust (REIT) specializing in the development, acquisition and management of high-quality office and mixed-use properties. Headquartered in Atlanta, the company focuses on urban infill and suburban markets across the Sun Belt, with a strong presence in metropolitan areas such as Atlanta, Austin, Charlotte, Nashville, Orlando and Tampa. Its core activities encompass full-service property leasing, asset management and construction oversight, serving a diverse mix of corporate and institutional tenants.

Founded in 1958 as a privately held real estate concern, Cousins Properties completed its initial public offering in 1992.