Cousins Properties Incorporated (CUZ) : Traders are bullish on Cousins Properties Incorporated (CUZ) as it has outperformed the S&P 500 by a wide margin of 0.12% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2%, relative to the S&P 500. The stock has risen by 1.33% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.09% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.45% and the fifty day Moving Average is 1.42%. Cousins Properties Incorporated has dropped 1.19% during the last three month period . Year-to-Date the stock performance stands at 15.53%.
Cousins Properties Incorporated (CUZ) : The consensus price target for Cousins Properties Incorporated (CUZ) is $11.19 for the short term with a standard deviation of $0.55. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $12, however, the pessimist price target for the company is $11.
Cousins Properties Incorporated (NYSE:CUZ): On Fridays trading session , Opening price of the stock was $10.76 with an intraday high of $10.8. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $10.505. However, the stock managed to close at $10.63, a loss of 0.93% for the day. On the previous day, the stock had closed at $10.73. The total traded volume of the day was 2,304,692 shares.
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.