The Cousins Properties Incorporated (NYSE:CUZ) is going up by 1.88% in today’s trading session, a rise equivalent to 0.68% of the stock’s price from yesterday’s market close. A news came out 5 hours ago stating that Cousins Properties Announces Domain 10 Development Is 98% Leased by WSJ. The lowest point that the shares touched during the trading session was $35.70, while the peak of the day was recorded at a share price of $36.26. CUZ finished the previous session at $36.23 according to the data provided by Barchart, while the trading volume was observed to be $919,320.
In the 100 days of trading, CUZ managed to top a 36.26% Moving average. Additionally, Cousins Properties Incorporated shares have achieved a 52-week range between 30.12 and 40.40 alongside 100 days raw stochastic set at 58.89%.
The number of shares outstanding, according to the fundamentals of the company, is set at 148.58M, equal to the value of $5.38B in market capitalization. In the last 30 days, Cousins Properties Incorporated shares went down by -0.81%, adding 37.10 to growth in value, on top of a +9.92% boost since 08/19/19.
Cousins Properties Incorporated (NYSE:CUZ) Analyst’s Estimates
Cousins Properties Incorporated (CUZ) could record at least $0.09 per share in quarterly earnings in the upcoming report on 10/28/2019, a number that would actually represent a decrease of -14.81% YOY.
According to the average analyst rating, Cousins Properties Incorporated would be rated as Overweight. Out of 6 different analysts monitoring CUZ stock, 4 analysts rate the stock as a BUY, 1 suggest to give the rating of HOLD, 1 indicate that CUZ is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Sep-19-19, the stock earned a Upgrade rating due to a new analyst call from Wells Fargo, while analysts from Wells Fargo believe that the stock is set at Market Perform, as concluded on Apr-20-18. BofA/Merrill, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on Dec-04-17.
Regardless of the rating, Stifel did increase their price from $8.50 to $10.50 as they are considering target share price analysis. Robert W. Baird, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on May-16-17, giving the stock a Outperform from the Neutral rating.
CUZ Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +26.38% has been attained, while the operating margin has been recorded at +13.33%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 1.77%. Beta value of the stock is recorded at 0.86. Additionally, Cousins Properties Incorporated is recording price volatility of 2.30% for the period of the last seven days and 1.77% in the last 30 days.
Cousins Properties Incorporated (NYSE:CUZ) Technical Outlook
For the period of the last 50 days, Cousins Properties Incorporated had its Raw Stochastic average set at 75.19% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 91.71%. Stochastic %K for Cousins Properties Incorporated, with the last 20 days included, was set at 87.86%, having Stochastic %D topping 84.95%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Cousins Properties Incorporated stocks with recording 14.65% in metrics.
Cousins Properties Incorporated Insider Watch:
Similarly, 103.95% of the company’s float is held by institutions – and there are 377 institutions in total holding shares of this company. The top three institutional holders of CUZ stocks are: Vanguard Group, Inc. (The) with ownership of $786.39 million, which is approximately 21,741,572 of the company’s shares; Blackrock Inc., holding 17,503,747 shares of the stock with an approximate value of $633.11 million; and State Street Corporation, currently with more than 7,931,123 shares of the company valued at $286.87 million. Positions in Cousins Properties Incorporated stocks held by institutional investors has been changing actively in the past six months, a period during which there were 11 insider purchases amounting to 152,939 shares.