Cousins Properties Incorporated (CUZ)

NYSE: CUZ · Real-Time Price · USD
31.06
-0.17 (-0.54%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-0.54%
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]

Industry REIT - Office
Sector Real Estate
Founded 1958
Employees 305
Stock Exchange NYSE
Ticker Symbol CUZ
Full Company Profile

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 Statements

Analyst 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.

Price Target
$29.0
(-6.63% downside)
Analyst Consensus: Buy
Stock Forecasts

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...

Other symbols: AVBBXPCPTEGPFRMAASLG
7 days ago - Seeking Alpha

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...

20 days ago - PRNewsWire

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...

Other symbols: WSR
4 weeks ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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...

Other symbols: APLEBNLBXPDOCEPRGTYKIM
4 weeks ago - Seeking Alpha

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

Other symbols: AAT
7 weeks ago - Seeking Alpha

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...

Other symbols: KRGSUI
2 months ago - Seeking Alpha

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 months ago - Seeking Alpha

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...

Other symbols: BALY
2 months ago - Seeking Alpha

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.

Other symbols: BXPKRGNHIUDR
2 months ago - Market Watch

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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.

2 months ago - Business Wire

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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 ...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

Other symbols: HIW
3 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

Stagflation Is Back

U.S. equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to earnings season counteracted disappointing economic ...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha