Cousins Properties Incorporated (NYSE:CUZ).
On August 17 the company was set at “Neutral” in a report from Baird which is down from the previous “Outperform” rating. On January 7 the company was upgraded from “Neutral” to “Outperform” in a statement from Baird.
On January 13 the stock rating was downgraded to “Neutral” from “Outperform” in a report issued by Baird. On December 3 the stock rating was downgraded to “Hold” from “Buy” and a price target of $13.50 was set in an announcement from Stifel Nicolaus.
On October 14 JP Morgan held the stock rating at “Neutral” and raised the price expectation from $12.00 to $13.00.
The company is trading up from yesterday’s close of $10.46. Cousins Properties Incorporated recently announced a dividend paid on Tuesday the 6th of September 2016. The dividend payment was $0.080 per share for the quarter or $0.32 on an annualized basis. The dividend yield was $2.98. The ex-dividend date was set for Friday the 19th of August 2016.
Company shares last traded at $10.80 barely above $10.76, the stock’s 50 day moving average and which is slightly above the 200 day moving average of $10.56. The 50 day moving average was up $0.04 and the 200 day average was up $0.24.
The company’s P/E ratio is 16.31 and market capitalization is 2.27B. In the last earnings report the EPS was $0.66 and is estimated to be $0.87 for the current year with 210,169,000 shares currently outstanding. Next quarter’s EPS is forecasted at $0.23 and the next full year EPS is projected to be $0.88.