Cousins Properties (CUZ) Receives Daily Media Impact Rating of 0.04
News headlines about Cousins Properties (NYSE:CUZ) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cousins Properties earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 47.7674820498323 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Cousins Properties (NYSE:CUZ) last issued its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.12). The business had revenue of $113.20 million during the quarter, compared to analyst estimates of $113.51 million. Cousins Properties had a net margin of 48.08% and a return on equity of 8.39%. The company’s revenue for the quarter was up 132.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.22 earnings per share.
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 12th. Stockholders of record on Monday, October 2nd were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 2.66%. The ex-dividend date was Friday, September 29th. Cousins Properties’s dividend payout ratio is currently 44.44%.
CUZ has been the topic of several recent analyst reports. BidaskClub cut Cousins Properties from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Stifel Nicolaus reiterated a “buy” rating and issued a $10.50 price target on shares of Cousins Properties in a research note on Thursday, September 21st. Zacks Investment Research cut Cousins Properties from a “buy” rating to a “hold” rating in a research note on Monday, October 9th. Bank of America Corporation boosted their price target on Cousins Properties from $9.50 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 3rd. Finally, ValuEngine upgraded Cousins Properties from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Cousins Properties presently has an average rating of “Buy” and an average price target of $10.10.
About Cousins Properties
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.
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