Cousins Properties Incorporated (CUZ) : 4 Wall Street analysts covering Cousins Properties Incorporated (CUZ) believe that the average level the stock could reach for the short term is $11.13. The maximum price target given is $12 and the minimum target for short term is around $11, hence the standard deviation is calculated at $0.63.
Cousins Properties Incorporated (CUZ) has shown a rise of 3.6% or 464,560 shares in the short positions. The bets have increased to 13,346,157 shares on June 30,2016 from 12,881,597 shares on June 15,2016. With respect to the floated shares, the shorts are 6.5%. The days to cover are calculated to be 5, using the standard per day volume of 2,565,031 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Cousins Properties Incorporated (NYSE:CUZ): stock turned positive on Thursday. Though the stock opened at $10.92, the bulls momentum made the stock top out at $11.01 level for the day. The stock recorded a low of $10.85 and closed the trading day at $10.95, in the green by 0.46%. The total traded volume for the day was 2,157,001. The stock had closed at $10.9 in the previous days trading.
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.