Cousins Properties Incorporated (CUZ) : The consensus on Cousins Properties Incorporated (CUZ) based on 5 analyst recommendation on the company stock is 2.2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Cousins Properties Incorporated (CUZ) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $12 and the lowest price target forecast is $11. The average forecast of all the analysts is $11.13 and the expected standard deviation is $0.63.
Cousins Properties Incorporated (NYSE:CUZ): The stock opened at $10.23 on Wednesday but the bulls could not build on the opening and the stock topped out at $10.27 for the day. The stock traded down to $10.11 during the day, due to lack of any buying support eventually closed down at $10.20 with a loss of -0.39% for the day. The stock had closed at $10.24 on the previous day. The total traded volume was 946,075 shares.
The company shares have dropped -0.49% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $11.07 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $10.55 and the 200 Day Moving Average price is recorded at $9.78.
Cousins Properties Incorporated (Cousins) is a self-administered and self-managed real estate investment trust (REIT). Cousins Real Estate Corporation (CREC) is an entity wholly owned by Cousins. Cousins, CREC, Cousins TRS Services LLC (CTRS) and their subsidiaries (collectively, the Company) develop, acquire, lease, manage and own primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina. It operates its business in four segments: Office, Retail, Land and Other. The Companys portfolio of real estate assets consists of interests in approximately 15.7 million square feet of office space, 80,000 square feet of retail space and 404,000 square feet (443 units) of apartments. It has ownership interests in various properties, including Greenway Plaza, Post Oak Central, 2100 Ross Avenue, 816 Congress and Promenade, among others. Its portfolio includes around 16 operating office properties.