Cousins Properties Incorporated (CUZ) To Go Ex-Dividend on July 6th

Cousins Properties Incorporated (NYSE:CUZ) announced a quarterly dividend on Thursday, June 18th. Investors of record on Monday, July 6th will be given a dividend of 0.32 per share by the real estate investment trust on Thursday, July 16th. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Monday, July 6th.

Cousins Properties has decreased its dividend by an average of 0.0%annually over the last three years. Cousins Properties has a payout ratio of 278.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Cousins Properties to earn $3.05 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 42.0%.

Cousins Properties Stock Up 0.0%

NYSE:CUZ opened at $28.29 on Friday. The company has a market cap of $4.66 billion, a price-to-earnings ratio of -942.79, a price-to-earnings-growth ratio of 2.09 and a beta of 1.21. Cousins Properties has a twelve month low of $21.03 and a twelve month high of $30.79. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.83. The stock has a fifty day simple moving average of $26.26 and a 200-day simple moving average of $25.06.

Cousins Properties (NYSE:CUZ) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.21). The company had revenue of $263.11 million for the quarter, compared to the consensus estimate of $256.77 million. Cousins Properties had a negative net margin of 0.52% and a negative return on equity of 0.11%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.74 EPS. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. Analysts anticipate that Cousins Properties will post 2.93 EPS for the current year.

Cousins Properties Company Profile

Cousins Properties Incorporated (NYSE: CUZ) is a publicly traded real estate investment trust (REIT) specializing in the development, acquisition and management of high-quality office and mixed-use properties. Headquartered in Atlanta, the company focuses on urban infill and suburban markets across the Sun Belt, with a strong presence in metropolitan areas such as Atlanta, Austin, Charlotte, Nashville, Orlando and Tampa. Its core activities encompass full-service property leasing, asset management and construction oversight, serving a diverse mix of corporate and institutional tenants.

Founded in 1958 as a privately held real estate concern, Cousins Properties completed its initial public offering in 1992.