After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Cousins Properties Incorporated (CUZ) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.30, or 1.40%, to $21.75. The Cousins Properties Incorporated has recorded 19,960 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Cousins Properties Releases First Quarter 2023 Results.
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Stocks Info
Cousins Properties Incorporated is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Office industry. At the end of the last regular session, the stock closed at $21.45 and fluctuated between $21.94 as its day high and $21.35 as its day low. The current market capitalization of Cousins Properties Incorporated is $3.20B. A total of 1.22 million shares were traded on the day, compared to an average of 1.85M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, CUZ has seen 14 BUY and 23 SELL insider trades, representing the acquisition of 260,274 and the disposition of 112,717 shares. Over the last 12 months, there were 32 BUYs and 30 SELLs from insiders. Insiders purchased 307,491 shares during that period but sold 123,039.
In the most recent transaction, MCCOLL JOHN S sold 36,975 shares of CUZ for 24.93 per share on Feb 28. After the transaction, the Executive Vice President now owns 30,814 company shares. In a previous transaction on Feb 17, Roper Pamela F sold 6,095 shares at 25.77 per share. CUZ shares that EVP, General Counsel owns now total 42,241.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Cousins Properties Incorporated pays an annual dividend of $1.28, resulting in a dividend yield of 5.97%, and it has a price to earnings (P/E) ratio of 19.36. CUZ’s most recent ex-dividend date was 4/4/2023 when it declared a $0.32 quarterly dividend that was paid in cash on 4/14/2023. Previously, the company paid the dividend on 1/13/2023 with an ex-dividend date of 1/3/2023. The CUZ stock dividend was $0.32 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for CUZ in the last 3 months, the mean price target is $26.22 with high estimates of $29.00 and low estimates of $21.00. In terms of 52-week highs and lows, CUZ has a high of $38.67 and a low of $18.06.
As of this writing, CUZ has an earnings estimate of $0.13 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.14 per share and a lower estimate of $0.13. The company reported an EPS of $0.16 in the last quarter, which was -5.90% lower than expectations of $0.17.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CUZ’s latest balance sheet shows that the firm has $8.94M in Cash & Short Term Investments as of fiscal 2021. There were $2.24B in debt and $299.04M in liabilities at the time. Its Book Value Per Share was $30.34, while its Total Shareholder’s Equity was $4.60B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 10 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CUZ is Hold with a score of 4.00. A total of 4 analysts rated the stock as Buy while 2 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.