Capital One Weighs in on Cousins Properties’ Q1 2019 Earnings (NYSE:CUZ)

Cousins Properties (NYSE:CUZ) – Equities researchers at Capital One issued their Q1 2019 EPS estimates for Cousins Properties in a note issued to investors on Monday, April 16th, Zacks Investment Research reports. Capital One analyst C. Lucas expects that the real estate investment trust will post earnings of $0.16 per share for the quarter. Capital One also issued estimates for Cousins Properties’ Q2 2019 earnings at $0.17 EPS, Q3 2019 earnings at $0.17 EPS, Q4 2019 earnings at $0.17 EPS and FY2019 earnings at $0.67 EPS.

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Cousins Properties (NYSE:CUZ) last released its quarterly earnings results on Wednesday, February 7th. The real estate investment trust reported $0.07 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.07). The firm had revenue of $109.94 million for the quarter, compared to the consensus estimate of $109.05 million. Cousins Properties had a return on equity of 7.77% and a net margin of 46.90%.

A number of other equities analysts have also issued reports on CUZ. Wells Fargo assumed coverage on shares of Cousins Properties in a research report on Friday. They issued a “market perform” rating and a $9.50 target price for the company. ValuEngine lowered shares of Cousins Properties from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. SunTrust Banks set a $10.00 target price on shares of Cousins Properties and gave the company a “buy” rating in a research report on Wednesday, February 14th. Finally, Zacks Investment Research lowered shares of Cousins Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. Cousins Properties presently has an average rating of “Buy” and an average target price of $10.00.

Cousins Properties stock opened at $8.49 on Tuesday. The stock has a market cap of $3,527.91, a PE ratio of 13.33, a PEG ratio of 3.52 and a beta of 0.92. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.02 and a quick ratio of 2.02. Cousins Properties has a one year low of $7.81 and a one year high of $9.63.

The firm also recently declared a quarterly dividend, which was paid on Friday, April 13th. Shareholders of record on Tuesday, April 3rd were issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 3.06%. This is an increase from Cousins Properties’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Monday, April 2nd. Cousins Properties’s dividend payout ratio is presently 42.62%.

A number of hedge funds and other institutional investors have recently modified their holdings of CUZ. Signition LP acquired a new stake in Cousins Properties in the 4th quarter valued at about $116,000. BlueCrest Capital Management Ltd acquired a new stake in Cousins Properties in the 4th quarter valued at about $141,000. Vident Investment Advisory LLC acquired a new stake in Cousins Properties in the 4th quarter valued at about $158,000. HRT Financial LLC acquired a new stake in Cousins Properties in the 4th quarter valued at about $193,000. Finally, Zeke Capital Advisors LLC lifted its holdings in Cousins Properties by 92.4% in the 4th quarter. Zeke Capital Advisors LLC now owns 25,984 shares of the real estate investment trust’s stock valued at $240,000 after acquiring an additional 12,480 shares during the last quarter.

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Cousins Properties Company Profile

Cousins Properties Incorporated is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA, acting through its operating partnership, Cousins Properties LP, primarily invests in Class-A office towers located in high growth Sunbelt markets.

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Earnings History and Estimates for Cousins Properties (NYSE:CUZ)

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