Cousins Properties Inc (NYSE: CUZ) is -9.69% lower on its value in year-to-date trading and has touched a low of $22.01 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 $27.40 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $27.67, the stock is 1.33% and -3.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 0.99% at the moment leaves the stock -5.01% off its SMA200. CUZ registered 23.64% gain for a year compared to 6-month loss of -11.40%. The firm has a 50-day simple moving average (SMA 50) of $28.7316 and a 200-day simple moving average (SMA200) of $29.1308.
The stock witnessed a -7.80% gain in the last 1 month and extending the period to 3 months gives it a -8.59%, and is 3.32% 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 2.65% over the week and 3.95% over the month.
Cousins Properties Inc (CUZ) has around 306 employees, a market worth around $4.65B and $856.76M in sales. Current P/E ratio is 92.85 and Fwd P/E is 59.60. Profit margin for the company is 5.36%. Distance from 52-week low is 25.72% and -14.99% from its 52-week high. The company has generated returns on investments over the last 12 months (0.64%).
with sales reaching $236.44M over the same period.The EPS is expected to grow by 45.30% this year, but quarterly earnings will post 11.14% year-over-year. Quarterly sales are estimated to grow 13.23% in year-over-year returns.
518.0 institutions hold shares in Cousins Properties Inc (CUZ), with institutional investors hold 102.71% of the company’s shares. The shares outstanding are 167.66M, and float is at 166.45M with Short Float at 3.18%. Institutions hold 101.91% 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 15.6858 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 13.9263 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 11.68 million shares representing 7.6811 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).
