Cousins Properties Incorporated (CUZ)
| Market Cap | 5.13B |
| Revenue (ttm) | 827.91M |
| Net Income (ttm) | 51.11M |
| Shares Out | 167.64M |
| EPS (ttm) | 0.34 |
| PE Ratio | 91.36 |
| Forward PE | 95.04 |
| Dividend | $1.28 (4.18%) |
| Ex-Dividend Date | Jan 3, 2025 |
| Volume | 700,677 |
| Open | 30.53 |
| Previous Close | 30.14 |
| Day's Range | 30.37 - 30.78 |
| 52-Week Range | 21.58 - 32.55 |
| Beta | 1.27 |
| Analysts | Buy |
| Price Target | 33.13 (+8.16%) |
| Earnings Date | Feb 6, 2025 |
About CUZ
Cousins Properties Incorporated ("Cousins") is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company, based in Atlanta and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy in plac... [Read more]
Financial Performance
In 2023, Cousins Properties's revenue was $805.17 million, an increase of 5.19% compared to the previous year's $765.43 million. Earnings were $82.96 million, a decrease of -50.26%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for CUZ stock is "Buy." The 12-month stock price forecast is $33.13, which is an increase of 8.16% from the latest price.
News
Cousins Properties Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call
ATLANTA , Jan. 7, 2025 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it will release its fourth quarter 2024 earnings after the market closes on Thursday, February 6, 2025 . Cous...
Cousins Properties Announces Its Fourth Quarter 2024 Common Stock Dividend
ATLANTA , Dec. 18, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that its Board of Directors has declared a cash dividend of $0.32 per common share for the fourth quarter of 2024...
Cousins Properties Closes Sail Tower Acquisition in Austin
ATLANTA , Dec. 17, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it has completed its previously announced acquisition of Sail Tower, an 804,000 square foot trophy lifestyle...
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office...
Cousins Properties Announces Pricing of Senior Notes Offering
ATLANTA , Dec. 12, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company" or "Cousins") (NYSE:CUZ) announced today that its operating partnership, Cousins Properties LP (the "Operating Pa...
Cash COWs And Buried Treasures: 2024 Performance Review
About a year ago, I published two proposed portfolios: Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). T...
Cousins Properties Prices Public Offering of 9,500,000 Shares of Common Stock
ATLANTA , Dec. 11, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has priced an underwritten public offering of 9,500,000 shares of its common...
Cousins Properties Announces Public Offering of 9,500,000 Shares of Common Stock
ATLANTA , Dec. 10, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has commenced an underwritten public offering of 9,500,000 shares of its com...
Cousins Properties to Acquire Trophy Lifestyle Office Property in Downtown Austin
ATLANTA , Dec. 10, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it is under contract to acquire 601 West 2nd Street, also known as Sail Tower, an 804,000 square foot trophy...
Cousins Properties Closes Vantage South End Acquisition in Charlotte
ATLANTA , Dec. 4, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it has completed its previously announced acquisition of Vantage South End, a 639,000 square foot lifestyle o...
Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...
Cousins Properties: Escaping The Doldrums
Cousins Properties focuses on high-quality Class A office properties in the Sun Belt, attracting top-tier tenants and commanding premium rents. The Sun Belt's strong demographics and corporate migrati...
Cousins Properties: Roller Coaster Dividend Not Ideal
Cousins Properties offers a post-pandemic investment opportunity in office real estate, with a focus on premium "lifestyle" office assets in the Sun Belt. Despite a stable revenue and dividend history...
Cousins Properties: Debt Headwinds And JV Bleed Cloud Future
Office REITs, particularly Sunbelt-focused ones like Cousins Properties, have rebounded strongly, outperforming the S&P 500 with a 33.09% YTD return. Cousins Properties boasts a high-quality portfolio...
Cousins Properties Prices Public Offering of 6,000,000 Shares of Common Stock
ATLANTA , Nov. 8, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has priced an underwritten public offering of 6,000,000 shares of its common ...
Cousins Properties Announces Public Offering of 6,000,000 Shares of Common Stock
ATLANTA , Nov. 7, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has commenced an underwritten public offering of 6,000,000 shares of its comm...
Cousins Properties to Acquire Lifestyle Office Property in South End Charlotte
ATLANTA , Nov. 7, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it is under contract to acquire Vantage South End, a 639,000 square foot lifestyle office property in Charlot...
Top 5 REITs: Trick Or TREIT!
The Federal Reserve's recent 50 bps rate cut and projected future cuts in 2024 signal a potential favorable shift for the REITs sectors. The latest JOLTS Report fell short of expectations. September j...
Cousins Properties Incorporated (CUZ) Q3 2024 Earnings Call Transcript
Cousins Properties Incorporated (NYSE:CUZ) Q3 2024 Earnings Call October 25, 2024 10:00 AM ET Company Participants Pamela Roper - General Counsel Colin Connolly - President and Chief Executive Office...
Cousins Properties Releases Third Quarter 2024 Results
ATLANTA , Oct. 24, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) has released its third quarter 2024 results. Please visit the Investor Relations section of Cousins' website at www.cousins.com t...
Important Trends For REIT Investors
REIT investors must pay close attention to real estate trends. The office sector remains a mess and likely will for a long time to come. Multifamily is suffering temporarily, but 2025 could be a lot b...
Cousins Properties Announces Dates for Third Quarter 2024 Earnings Release and Conference Call
ATLANTA , Oct. 2, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that it will release its third quarter 2024 earnings after the market closes on Thursday, October 24, 2024 . Cousin...
Don't Mess With (3 REITs In) Texas
I analyzed three REITs: BSR Real Estate Investment Trust, Whitestone REIT, and Cousins Properties, focusing on their presence in the high-growth Texas Triangle markets. BSR's strong performance in the...
Two Dividend-Yielding REITs With Solid Upside Potential
REITs are attractive for income investors due to their high dividend payouts, and office REITs, in particular, offer solid long-term upside as office activity could see an increase in 2025/2026. Kilro...
Buried Treasures: 11 Dramatically Undervalued REITs
REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and a...