Cousins Properties Inc (NYSE:CUZ) – Equities researchers at SunTrust Banks cut their Q4 2017 EPS estimates for Cousins Properties in a report released on Thursday. SunTrust Banks analyst M. Lewis now anticipates that the real estate investment trust will post earnings of $0.14 per share for the quarter, down from their prior estimate of $0.15. SunTrust Banks currently has a “Buy” rating and a $10.00 target price on the stock. SunTrust Banks also issued estimates for Cousins Properties’ Q1 2018 earnings at $0.14 EPS, Q2 2018 earnings at $0.15 EPS, Q3 2018 earnings at $0.15 EPS, FY2019 earnings at $0.67 EPS, FY2020 earnings at $0.71 EPS and FY2021 earnings at $0.74 EPS.

Cousins Properties (NYSE:CUZ) last released its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.12). Cousins Properties had a return on equity of 8.39% and a net margin of 48.08%. The company had revenue of $113.20 million during the quarter, compared to analysts’ expectations of $113.51 million. During the same quarter in the prior year, the company posted $0.22 EPS. The company’s revenue for the quarter was up 132.4% on a year-over-year basis.

Several other analysts have also recently issued reports on CUZ. Stifel Nicolaus restated a “buy” rating and set a $10.50 price objective on shares of Cousins Properties in a research note on Thursday, September 21st. BidaskClub raised Cousins Properties from a “hold” rating to a “buy” rating in a research note on Monday, August 14th. ValuEngine raised Cousins Properties from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. Bank of America upgraded Cousins Properties from a “neutral” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Monday, December 4th. Finally, Zacks Investment Research upgraded shares of Cousins Properties from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $10.10.

Cousins Properties (NYSE:CUZ) opened at $9.42 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.39. Cousins Properties has a twelve month low of $7.81 and a twelve month high of $9.59. The company has a market capitalization of $3,922.99, a PE ratio of 14.82 and a beta of 1.09.

A number of institutional investors have recently modified their holdings of the business. US Bancorp DE raised its stake in Cousins Properties by 207.3% during the second quarter. US Bancorp DE now owns 24,357 shares of the real estate investment trust’s stock worth $214,000 after buying an additional 16,432 shares during the last quarter. Great West Life Assurance Co. Can grew its holdings in Cousins Properties by 0.5% in the second quarter. Great West Life Assurance Co. Can now owns 452,565 shares of the real estate investment trust’s stock worth $3,973,000 after purchasing an additional 2,260 shares during the period. World Asset Management Inc grew its holdings in shares of Cousins Properties by 5.0% during the second quarter. World Asset Management Inc now owns 26,474 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 1,265 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Cousins Properties by 9.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 4,027,914 shares of the real estate investment trust’s stock valued at $35,406,000 after buying an additional 357,889 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in shares of Cousins Properties by 1.5% during the second quarter. Arizona State Retirement System now owns 176,600 shares of the real estate investment trust’s stock valued at $1,552,000 after buying an additional 2,600 shares during the last quarter.

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Cousins Properties Company Profile

Cousins Properties Incorporated is a self-administered and self-managed real estate investment trust. The Company’s segments include Office, Mixed-Use, Other, Atlanta, Austin, Charlotte, Orlando, Tampa, Phoenix and Other. It develops, acquires, leases, manages and owns primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina.

Earnings History and Estimates for Cousins Properties (NYSE:CUZ)

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