CUZ - Shares of Cousins Properties Incorporated (CUZ) Have Risen Above Previous 52-Week High
Shares of Cousins Properties Incorporated (NYSE:CUZ) traded at a new 52-week high today of $42.05. This new high was reached on below average trading volume as 186,000 shares traded hands, while the average 30-day volume is approximately 784,000 shares.
Cousins Properties Incorporated (NYSE:CUZ) has potential upside of 91.0% based on a current price of $41.88 and analysts' consensus price target of $80.02.
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 primarily 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, most of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's major markets.
In the past 52 weeks, Cousins Properties Incorporated share prices are bracketed by a low of $31.01 and a high of $42.05 and is now at $41.88, 35% above that low price.
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