Cousins Properties Inc (NYSE: CUZ) is -2.64% 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 $29.79 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $29.83, the stock is 1.35% and -0.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing 0.13% at the moment leaves the stock 4.50% off its SMA200. CUZ registered 28.58% gain for a year compared to 6-month gain of 2.97%. The firm has a 50-day simple moving average (SMA 50) of $29.905 and a 200-day simple moving average (SMA200) of $28.5468.
The stock witnessed a -1.65% loss in the last 1 month and extending the period to 3 months gives it a -3.77%, and is 6.31% up 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 2.16% over the week and 2.55% over the month.
Cousins Properties Inc (CUZ) has around 306 employees, a market worth around $5.01B and $856.76M in sales. Current P/E ratio is 100.10 and Fwd P/E is 63.97. Profit margin for the company is 5.36%. Distance from 52-week low is 38.23% and -8.36% from its 52-week high. The company has generated returns on investments over the last 12 months (0.64%).
with sales reaching $238.49M over the same period.The EPS is expected to grow by 46.28% this year, but quarterly earnings will post 14.18% year-over-year. Quarterly sales are estimated to grow 14.21% in year-over-year returns.
511.0 institutions hold shares in Cousins Properties Inc (CUZ), with institutional investors hold 102.62% of the company’s shares. The shares outstanding are 167.66M, and float is at 166.20M with Short Float at 3.28%. Institutions hold 101.82% 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 5.2359 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).
