Cousins Properties Incorporated (NYSE:CUZ) stock is presently standing at about $8.02 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 6 analysts covering the company is $9.00, which suggests the stock could still rise over 11 percent. The highest analyst price target is $10.00, which implies a rally of 75 percent. And a quick view of analyst notes show that 1 are rating the stock a buy while 0 rate CUZ a strong buy. There are 5 equity research firms advocating a Hold and 0 consider it Sell.
Stifel analysts provided their view on Cousins Properties Incorporated (NYSE:CUZ) recently. The rating firm issued a Hold rating to this company in a research note released on Oct 18, 2016. Stifel analysts disclosed their opinion on Cousins Properties Incorporated (NYSE:CUZ) recently. The rating firm gave a Sell rating to this stock in a research note published on Sep 29, 2016. According to a research note disclosed on Aug 17, 2016, analysts at Robert W. Baird have lowered their rating on these shares from Outperform to Neutral.
Cousins Properties Incorporated (NYSE:CUZ) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its President & CEO GELLERSTEDT LAWRENCE L III Purchased 11,750 company shares for 99640, in a transaction on 2016-02-17. Following the transaction, the President & CEO is left with a stake of 484,381 shares, currently valued at $3884736. Meanwhile, Chairman of the Board Glover S Taylor purchased 50,000 shares worth $449500, through a transaction dated 2015-12-14. Following the completion of the transaction, the insider is left with a stake of 479,797 shares, amounting $3847971.94. CUZ President & CEO GELLERSTEDT LAWRENCE L III also purchased 27,000 shares, at a stock price of $9.24. This transaction occurred on 2015-09-11 totals $249480. After this transaction, the insider’s stake stands at 422,787 shares, with a market value of $3390752.
Executives hold 2.49 percent of the stock. Thomas G. Cousins is one of the biggest insider owners in Cousins Properties Incorporated (NYSE:CUZ), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 6,299,598 shares which have current market value of around $50522775.96.Lawrence L. Gellerstedt,III is another major inside shareholder in the company. The insider owns 592,198 shares as of 0.15%, currently worth $4749427.96. S. Taylor Glover is ranked as third insider holder of the stock. This insider holds 485,505 shares with a market value around $3893750.1 as of recent close.
Cousins Properties Incorporated (NYSE:CUZ) Earnings Outlook
In Cousins Properties Incorporated (NYSE:CUZ)’s latest quarter, EPS moved to $N/A from $N/A in preceding quarter and revenues reached at $111.43M compared to $92.62M. Analysts had expected Cousins Properties Incorporated (NYSE:CUZ) to post net income of about $N/A per share on $100.16M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.03 to $0.03. That is compared with the $N/A in EPS it reported during the same period a year ago.