Cousins Properties Inc (NYSE: CUZ) is -0.36% lower on its value in year-to-date trading and has touched a low of $21.58 and a high of $32.55 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CUZ stock was last observed hovering at around $30.30 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $30.53, the stock is 1.28% and -0.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing 0.76% at the moment leaves the stock 11.24% off its SMA200. CUZ registered 29.47% gain for a year compared to 6-month gain of 10.98%. The firm has a 50-day simple moving average (SMA 50) of $30.5394 and a 200-day simple moving average (SMA200) of $27.4455.
The stock witnessed a 1.46% loss in the last 1 month and extending the period to 3 months gives it a -0.91%, and is -0.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.96% over the week and 2.38% over the month.
Cousins Properties Inc (CUZ) has around 305 employees, a market worth around $5.12B and $828.41M in sales. Current P/E ratio is 91.03 and Fwd P/E is 93.83. Profit margin for the company is 6.17%. Distance from 52-week low is 41.47% and -6.21% from its 52-week high. The company has generated returns on investments over the last 12 months (0.71%).
with sales reaching $215.34M over the same period.The EPS is expected to shrink by -43.72% this year, but quarterly earnings will post 5.46% year-over-year. Quarterly sales are estimated to grow 9.54% in year-over-year returns.
Cousins Properties Inc (CUZ) Top Institutional Holders
489.0 institutions hold shares in Cousins Properties Inc (CUZ), with institutional investors hold 90.96% of the company’s shares. The shares outstanding are 167.64M, and float is at 166.38M with Short Float at 1.87%. Institutions hold 90.34% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.86 million shares valued at $552.3 million. The investor’s holdings represent 15.7013% of the CUZ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 21.18 million shares valued at $490.35 million to account for 13.9401 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 11.68 million shares representing 7.6887% and valued at over $270.45 million, while APG ASSET MANAGEMENT US INC. holds 5.2411 of the shares totaling 7.96 million with a market value of $182.29 million.
Cousins Properties Inc (CUZ) Insider Activity
The most recent transaction is an insider sale by Roper Pamela F, the company’s EVP, General Counsel. SEC filings show that Roper Pamela F sold 7,047 shares of the company’s common stock on Sep 12 ’24 at a price of $29.13 per share for a total of $0.21 million. Following the sale, the insider now owns 49322.0 shares.
Still, SEC filings show that on Sep 06 ’24, Symes Jeffrey D (SVP, Chief Accounting Officer) disposed off 5,997 shares at an average price of $28.13 for $0.17 million. The insider now directly holds 12,529 shares of Cousins Properties Inc (CUZ).
