Cousins Properties Inc (NYSE:CUZ) declared a quarterly dividend on Tuesday, January 19th, Analyst Ratings Network.com reports. Investors of record on Friday, February 5th will be given a dividend of 0.08 per share by the real estate investment trust on Monday, February 22nd. This represents a $0.32 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend is Wednesday, February 3rd.

Cousins Properties (NYSE:CUZ) opened at 8.41 on Friday. Cousins Properties has a 1-year low of $7.98 and a 1-year high of $11.59. The stock’s 50 day moving average is $9.03 and its 200-day moving average is $9.54. The firm has a market capitalization of $1.81 billion and a PE ratio of 19.79.

Several brokerages have issued reports on CUZ. Zacks Investment Research raised shares of Cousins Properties from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research note on Friday, November 6th. JPMorgan Chase & Co. dropped their price objective on shares of Cousins Properties from $12.00 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 24th. TheStreet raised shares of Cousins Properties from a “hold” rating to a “buy” rating in a research note on Friday, November 27th. Finally, Robert W. Baird raised shares of Cousins Properties from a “neutral” rating to an “outperform” rating and set a $12.00 price objective on the stock in a research note on Thursday, January 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. Cousins Properties currently has an average rating of “Hold” and an average price target of $11.88.

In other Cousins Properties news, Chairman S Taylor Glover bought 50,000 shares of Cousins Properties stock in a transaction dated Monday, December 14th. The stock was bought at an average cost of $8.99 per share, for a total transaction of $449,500.00. Following the purchase, the chairman now owns 468,667 shares in the company, valued at approximately $4,213,316.33. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Cousins Properties Incorporated (NYSE:CUZ) is a self-administered and self-managed real estate investment trust (REIT). Cousins Real Estate Corporation (CREC) is an entity wholly owned by Cousins. Cousins, CREC, Cousins TRS Services LLC (CTRS) and their subsidiaries (collectively, the Company) develop, acquire, lease, manage and own primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina. It operates its business in four segments: Office, Retail, Land and Other. The Company’s portfolio of real estate assets consists of interests in approximately 15.7 million square feet of office space, 80,000 square feet of retail space and 404,000 square feet (443 units) of apartments. It has ownership interests in various properties, including Greenway Plaza, Post Oak Central, 2100 Ross Avenue, 816 Congress and Promenade, among others. Its portfolio includes around 16 operating office properties.

12 Month Chart for NYSE:CUZ

Receive News & Ratings for Cousins Properties Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cousins Properties Inc and related companies with MarketBeat.com's FREE daily email newsletter.