CUZ - Shares of Cousins Properties Incorporated (CUZ) Rise to a New 52-Week High
Cousins Properties Incorporated (NYSE:CUZ) traded today at a new 52-week high of $40.94. Approximately 137,000 shares have changed hands today, as compared to an average 30-day volume of 784,000 shares.
Potential upside of 91.0% exists for Cousins Properties Incorporated, based on a current level of $40.88 and analysts' average consensus price target of $78.09.
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.
Cousins Properties Incorporated share prices have moved between a 52-week high of $40.94 and a 52-week low of $31.01 and are now trading 32% above that low price at $40.88 per share.
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