Cousins Properties Incorporated which can be found using ticker (CUZ) have now 9 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 29 and 22 calculating the average target price we see $26.33. Given that the stocks previous close was at $20.94 this would imply there is now a potential upside of 25.7%. It’s also worth noting that there is a 50 day moving average of $23.66 while the 200 day moving average is $25.69. The total market capitalization for the company now stands at $3,181m. Company Website: https://www.cousins.com
The potential market cap would be $4,000m based on the market consensus.
Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments.
The company has a dividend yield of 6.1% with the ex dividend date set at 4-4-2023 (DMY).
Other points of data to note are a P/E ratio of 18.89, revenue per share of 5.1 and a 1.53% return on assets.
