Shares of Cousins Properties Incorporated (NYSE:CUZ) rose $0.06 during today’s regular trading session, a 0.70% increase from the previous closing price of $8.56. The company’s shares traded on weaker-than-usual volume today: $2.4M shares changed hands while the stock’s average volume is 4.16M shares per day. Cousins Properties Incorporated (CUZ) has gained $0.22, or +2.62%, in the last 30 days. This year-to-date, the company’s shares have increased $0.11, or +1.29%. Over the last 12 months, CUZ’s stock price has declined $1.89, or -17.98%. The company’s 52-week range is $7.04 to $8.82.

Cousins Properties Incorporated (CUZ) Earnings Surprises

Cousins Properties Incorporated announced its recent quarter financial results after the market close on 27/04/2017, crushing consensus estimates with both its revenue and earnings. Cousins Properties Incorporated posted net revenue of 119.88M, beating Wall Street analysts who had forecast $116.11M.
Before that, quarter ending December 2016, Cousins Properties Incorporated also surprised analysts by beating the consensus estimate. Revenue during the period amounted to $111.43M, while analysts were anticipating $100.16M.

In the quarter ending September 2016, Cousins Properties Incorporated delivered an even larger earnings beat. Revenue during that quarter was posted at $92.62M , whereas the consensus estimate was predicting $90.94M.

The company is scheduled to announce its next quarterly financial results on 25/07/2017 after the market close. The average EPS estimate of 6 Wall Street analysts is $0.15 per share, compared to the company’s reported EPS of $0.04 per share in the year-ago quarter. Analysts are forecasting Cousins Properties Incorporated to report revenue of about $114.95M, versus the $90.74M posted last year.

Cousins Properties Incorporated (CUZ) Consensus Estimates and Price Target

The company’s consensus rating is currently Hold, with 2 analysts rating it a Strong Buy, and 4 analysts rating it with a Hold. The average 12-month price target, as forecast by analysts, is $9.29 , 7.77% higher than the company’s closing price today