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 May 13, 2024, CUZ stock price climbed to $23.81 with 1,112,273 million shares trading.

CUZ has a beta of 1.53, meaning it tends to be more sensitive to market movements. CUZ has a correlation of 0.33 to the broad based SPY ETF.

CUZ has a market cap of $3.62 billion. This is considered a Mid Cap stock.

Last quarter Cousins Props reported $209 million in Revenue and $.65 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.02.

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 stock has underperformed the market in the last year with a return of +21.1%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CUZ shares. However, CUZ has outperformed the market in the last 3 month and 2 week periods, returning +5.5% and +4.2%, while SPY returned +4.3% and +2.5%, respectively. This indicates CUZ has been having a stronger performance recently.

CUZ support price is $23.20 and resistance is $24.04 (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.