Cousins Props EVP Trades $205K In Company Stock
On September 16, a recent SEC filing unveiled that Roper Pamela F, EVP at Cousins Props CUZ made an insider sell.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, F sold 7,047 shares of Cousins Props. The total transaction value is $205,279.
The latest update on Tuesday morning shows Cousins Props shares down by 0.0%, trading at $29.5.
About Cousins Props
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 mainly 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, the majority of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company’s key markets.
Financial Milestones: Cousins Props’s Journey
Revenue Growth: Cousins Props’s revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 4.24%. This indicates a substantial increase in the company’s top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Exploring Profitability:
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Gross Margin: The company shows a low gross margin of 66.84%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
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Earnings per Share (EPS): Cousins Props’s EPS is below the industry average. The company faced challenges with a current EPS of 0.05. This suggests a potential decline in earnings.
Debt Management: With a below-average debt-to-equity ratio of 0.59, Cousins Props adopts a prudent financial strategy, indicating a balanced approach to debt management.
Financial Valuation Breakdown:
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Price to Earnings (P/E) Ratio: Cousins Props’s current Price to Earnings (P/E) ratio of 75.64 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
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Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 5.49, Cousins Props’s stock is perceived as being overvalued in the market, particularly in relation to sales performance.
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EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): Cousins Props’s EV/EBITDA ratio of 13.87 exceeds industry averages, indicating a premium valuation in the market
Market Capitalization Analysis: With a profound presence, the company’s market capitalization is above industry averages. This reflects substantial size and strong market recognition.
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Navigating the Impact of Insider Transactions on Investments
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
In the realm of legality, an “insider” is defined as any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
A Closer Look at Important Transaction Codes
When dissecting transactions, the focal point for investors is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
Check Out The Full List Of Cousins Props’s Insider Trades.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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