Cousins Properties Incorporated (CUZ) has risen sharply, recording gains of 3.24% in the past 4 weeks. However, the stock has corrected -0.09% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.37% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 1.32%.The 200 Day SMA reached 9.87% Cousins Properties Incorporated is up 5.84% in the last 3-month period. Year-to-Date the stock performance stands at 17.7%.
Cousins Properties Incorporated (CUZ) : 4 Wall Street analysts covering Cousins Properties Incorporated (CUZ) believe that the average level the stock could reach for the short term is $11.38. The maximum price target given is $12 and the minimum target for short term is around $11, hence the standard deviation is calculated at $0.48.
Company shares have received an average consensus rating of Hold for the current week Cousins Properties Incorporated (NYSE:CUZ): stock was range-bound between the intraday low of $10.72 and the intraday high of $10.88 after having opened at $10.81 on Fridays session. The stock finally closed in the red at $10.81, a loss of -0.28%. The stock remained in the red for the whole trading day. The total traded volume was 4,979,092 shares. The stock failed to cross $10.88 in Fridays trading. The stocks closing price on Thursday was $10.83.
Cousins Properties Incorporated (Cousins) is a self-administered and self-managed real estate investment trust (REIT). Cousins Real Estate Corporation (CREC) is an entity wholly owned by Cousins. Cousins, CREC, Cousins TRS Services LLC (CTRS) and their subsidiaries (collectively, the Company) develop, acquire, lease, manage and own primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina. It operates its business in four segments: Office, Retail, Land and Other. The Companys portfolio of real estate assets consists of interests in approximately 15.7 million square feet of office space, 80,000 square feet of retail space and 404,000 square feet (443 units) of apartments. It has ownership interests in various properties, including Greenway Plaza, Post Oak Central, 2100 Ross Avenue, 816 Congress and Promenade, among others. Its portfolio includes around 16 operating office properties.