Cousins Properties Inc (NYSE:CUZ) shares, rose in value on Friday, November 22, with the stock price up by 0.63% to the previous day’s close as strong demand from buyers drove the stock to $31.72.
Actively observing the price movement in the last trading, the stock closed the session at $31.52, falling within a range of $31.545 and $31.98. The value of beta (5-year monthly) was 1.281 whereas the PE ratio was 94.57 over 12-month period. Referring to stock’s 52-week performance, its high was $32.44, and the low was $19.48. On the whole, CUZ has fluctuated by 1.12% over the past month.
With the market capitalization of Cousins Properties Inc currently standing at about $5.02 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 1.28, with its dividend yield at 4.04%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 842.33M, with a low estimate of 207.31M and a high estimate of 222M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 212.49M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CUZ’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 31.02, with the price of CUZ currently trading nearly 2.07% and 4.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.06, while the 7-day volatility ratio is showing 1.69% which for the 30-day chart, stands at 2.22%. Furthermore, Cousins Properties Inc (CUZ)’s beta value is 1.28, and its average true range (ATR) is 0.64.
A comparison of Cousins Properties Inc (CUZ) with its peers suggests the former has fared considerably weaker in the market. CUZ showed an intraday change of 0.63% in last session, and over the past year, it grew by 59.80%%.
Data on historical trading for Cousins Properties Inc (NYSE:CUZ) indicates that the trading volumes over the past 10 days have averaged 1.46 and over the past 3 months, they’ve averaged 1.11 million. According to company’s latest data on outstanding shares, there are 158.14 million shares outstanding.
Nearly 0.83% of Cousins Properties Inc’s shares belong to company insiders and institutional investors own 93.81% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.1 million shares as on 2024-10-31, resulting in a short ratio of 3.38. According to the data, the short interest in Cousins Properties Inc (CUZ) stood at 289.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 3.3 million. The stock has risen by 30.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CUZ stock heading into the next quarter.
