Cousins Properties Incorporated (CUZ)
Market Cap | 4.73B |
Revenue (ttm) | 819.71M |
Net Income (ttm) | 59.27M |
Shares Out | 152.14M |
EPS (ttm) | 0.39 |
PE Ratio | 79.79 |
Forward PE | 145.00 |
Dividend | $1.28 (4.12%) |
Ex-Dividend Date | Oct 3, 2024 |
Volume | 762,662 |
Open | 31.15 |
Previous Close | 31.23 |
Day's Range | 30.90 - 31.43 |
52-Week Range | 17.40 - 31.98 |
Beta | 1.29 |
Analysts | Buy |
Price Target | 29.00 (-6.63%) |
Earnings Date | Oct 24, 2024 |
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 7 analysts, the average rating for CUZ stock is "Buy." The 12-month stock price forecast is $29.0, which is a decrease of -6.63% from the latest price.
News
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...
Cousins Properties Announces Its Third Quarter 2024 Common Stock Dividend
ATLANTA , Sept. 17, 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 third quarter of 2024...
Cousins Properties Announces Full Building Lease with Fortune 100 Technology Company at The Domain in Austin
ATLANTA , Sept. 5, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that a Fortune 100 technology company has signed a 320,000 square foot lease for all of its Domain 12 property in...
2 Unbeloved REITs That Offer Long-Term Upside Potential
Quality over quantity should be emphasized when selecting stocks. In this article, I recommend two office REITs I consider to fit the bill. Cousins Properties and American Assets Trust are highlighted...
3 'Strong Buy' REITs With A Wide Margin Of Safety
The "Margin of Safety" concept is crucial for investors, providing a buffer in price to increase chances of profits. REITs like Cousins Properties and Kite Realty Group offer strong investment opportu...
Cousins Properties: One Of The Best Office REITs To Own With Significant Upside Potential
Cousins Properties has benefitted from population and employment growth as a result of its property locations in attractive Sun Belt markets. Most of their properties are located in some of the fastes...
2 REITs That Offer Higher But Riskier Yields
Two REITs with higher-than-average yields (above 5%) could be considered riskier due to their higher-than-average payout ratios. Easterly Government Properties and Gaming and Leisure Properties payout...
Office REITs find an open door in the bond market
Top owners of high-quality office properties were among a batch of public real-estate investment trusts that raised nearly $2.5 billion in debt and equity in the past week.
Cousins Properties Announces Pricing of Senior Notes Offering
ATLANTA , Aug. 13, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company" or "Cousins") (NYSE:CUZ) announced today that its operating partnership, Cousins Properties LP (the "Operating Pa...
Cousins Properties and Town Lane Announce the Acquisition and Planned Modernization of Proscenium
ATLANTA , Aug. 1, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) and Town Lane announced today they have acquired Proscenium, a 526,000 square foot Class A office building located in the Midtown ...
Town Lane and Cousins Properties Announce the Acquisition and Planned Modernization of Proscenium
NEW YORK--(BUSINESS WIRE)--Town Lane and Cousins Properties Announce Midtown Atlanta Office Acquisition.
Cousins Properties Incorporated (CUZ) Q2 2024 Earnings Call Transcript
Cousins Properties Incorporated (NYSE:CUZ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Pamela Roper - General Counsel Colin Connolly - President & Chief Executive ...
Cousins Properties: The Recent Earnings Confirm That This Is A Different Office REIT
Although I am skeptical of office REITs, Alexandria Real Estate Equities Inc. and Cousins Properties Incorporated are clear exceptions. I have been long Cousins Properties since mid-2023, arguing that...
Cousins Properties Releases Second Quarter 2024 Results
ATLANTA , July 25, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) has released its second quarter 2024 results. Please visit the Investor Relations section of Cousins' website at www.cousins.com ...
Cousins Properties Announces Acquisition of Two Mezzanine Loans
ATLANTA , July 25, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that is has acquired two newly-created mezzanine loans from the existing lender which are secured by interests in...
Looking For Income Now? Consider These 2 Sun Belt REITs
Age is a key factor when choosing between income now vs later. In my opinion older investors should focus on immediate income. Highwoods Properties offers a 7.2% yield with potential for capital appre...
Cousins Properties Announces Dates for Second Quarter 2024 Earnings Release and Conference Call
ATLANTA , June 27, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that it will release its second quarter 2024 earnings after the market closes on Thursday, July 25, 2024 . Cousins...
Cousins Properties Announces Its Second Quarter 2024 Common Stock Dividend
ATLANTA , June 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 second quarter of 2024...
Cousins Properties: Data Confirm This Is One Of The Safest Office Players In The Town
Cousins Properties has been my favorite office REIT pick since the overall sector begun to face fundamental struggles. Just recently, CUZ reported Q1, 2024 figures, which further confirm my bull thesi...
Cousins Properties Incorporated (CUZ) Q1 2024 Earnings Call Transcript
Cousins Properties Incorporated (NYSE:CUZ) Q1 2024 Earnings Call Transcript April 26, 2024 10:00 AM ET Company Participants Pamela Roper - General Counsel Colin Connolly - President and CEO Richard H...