CUZ Stock Summary and Trading Ideas (Cousins Props | NYSE:CUZ)

Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio mainly comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, the majority of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's key markets.

Cousins Props trades on the NYSE stock market under the symbol CUZ.

As of April 23, 2024, CUZ stock price climbed to $22.70 with 1,341,762 million shares trading.

CUZ has a beta of 1.59, meaning it tends to be more sensitive to market movements. CUZ has a correlation of 0.34 to the broad based SPY ETF.

CUZ has a market cap of $3.45 billion. This is considered a Mid Cap stock.

In the last 3 years, CUZ stock traded as high as $42.41 and as low as $17.40.

The top ETF exchange traded funds that CUZ belongs to (by Net Assets): VNQ, VTI, IJH, VB, VBR.

CUZ has underperformed the market in the last year with a price return of +14.7% while the SPY ETF gained +24.3%. CUZ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.8% and -3.9%, respectively, while the SPY returned +4.6% and -2.6%, respectively.

CUZ support price is $21.95 and resistance is $22.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CUZ stock will trade within this expected range on the day.