Cousins Properties Incorporated (CUZ)

NYSE: CUZ · IEX Real-Time Price · USD
19.85
+0.40 (2.06%)
At close: Mar 20, 2023, 4:00 PM
19.90
+0.05 (0.25%)
Pre-market: Mar 21, 2023, 7:00 AM EDT
2.06%
Market Cap 3.17B
Revenue (ttm) 762.29M
Net Income (ttm) 166.79M
Shares Out 159.65M
EPS (ttm) 1.11
PE Ratio 17.88
Forward PE n/a
Dividend $1.28 (6.45%)
Ex-Dividend Date Jan 3, 2023
Volume 2,287,078
Open 19.38
Previous Close 19.45
Day's Range 19.45 - 20.24
52-Week Range 19.16 - 41.69
Beta 1.10
Analysts Buy
Price Target 29.47 (+48.46%)
Earnings Date Apr 27, 2023

About CUZ

Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers 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 place based on a simple platfo... [Read more]

Industry REIT - Office
Sector Real Estate
CEO Michael Connolly
Employees 294
Stock Exchange NYSE
Ticker Symbol CUZ
Full Company Profile

Financial Performance

In 2022, CUZ's revenue was $762.29 million, an increase of 0.96% compared to the previous year's $755.07 million. Earnings were $166.79 million, a decrease of -40.13%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CUZ stock is "Buy." The 12-month stock price forecast is $29.47, which is an increase of 48.46% from the latest price.

Price Target
$29.47
(48.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cousins Properties Announces Its First Quarter 2023 Common Stock Dividend

ATLANTA , March 20, 2023 /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 first quarter of 2023...

15 hours ago - PRNewsWire

Should You Retain Cousins Properties (CUZ) Stock for Now?

While the Sun Belt focus, expansion efforts and a solid balance sheet bode well for Cousins Properties (CUZ), stiff competition, a choppy office real estate market and interest rate hikes are concerni...

20 hours ago - Zacks Investment Research

Cousins Properties' (CUZ) Q4 FFO Beats, Revenues Rise Y/Y

Cousins Properties' (CUZ) Q4 FFO per share outpaces expectations. The top line improves year over year on healthy leasing activity.

1 month ago - Zacks Investment Research

Cousins Properties (CUZ) Beats Q4 FFO Estimates

Cousins Properties (CUZ) delivered FFO and revenue surprises of 1.54% and 0.06%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Cousins Properties Releases Fourth Quarter and Full Year 2022 Results

ATLANTA , Feb. 9, 2023 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) has released its fourth quarter and full year 2022 results. Please visit the Investor Relations section of Cousins' website at www...

1 month ago - PRNewsWire

Cousins Properties Announces 2022 Tax Reporting Information

ATLANTA , Jan. 17, 2023 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today the year-end tax reporting information for its 2022 distributions.  For the tax year ended December 31, 2022, dist...

2 months ago - PRNewsWire

Cousins Properties Announces Dates for Fourth Quarter 2022 Earnings Release and Conference Call

ATLANTA , Jan. 5, 2023 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it will release its fourth quarter 2022 earnings after the market closes on Thursday, February 9, 2023 . Cous...

2 months ago - PRNewsWire

Cousins Properties Announces Its Fourth Quarter 2022 Common Stock Dividend

ATLANTA , Dec. 19, 2022 /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 2022...

3 months ago - PRNewsWire

COUSINS PROPERTIES PROMOTES KENNEDY HICKS TO CHIEF INVESTMENT OFFICER

ATLANTA , Dec. 15, 2022 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it has promoted Kennedy Hicks to the role of Chief Investment Officer. Ms. Hicks will be responsible for acq...

3 months ago - PRNewsWire

Cousins Properties (CUZ) Inks 328,000SF Lease With Apache

Cousins Properties (CUZ) signs an early lease renewal and expansion spanning 328,000 square feet with Apache Corporation for the latter's new headquarters at Briarlake Plaza in Houston.

3 months ago - Zacks Investment Research

COUSINS PROPERTIES ANNOUNCES 328,000 SQUARE FOOT LEASE FOR NEW APACHE CORPORATION HEADQUARTERS AT BRIARLAKE PLAZA IN HOUSTON

ATLANTA , Dec. 1, 2022 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it has executed an early lease renewal and expansion with Apache Corporation for a total of 328,000 square fe...

3 months ago - PRNewsWire

Cousins Properties (CUZ) Q3 FFO and Revenues Beat Estimates

Cousins Properties (CUZ) delivered FFO and revenue surprises of 4.55% and 2.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Cousins Properties Releases Third Quarter 2022 Results

ATLANTA , Oct 27, 2022 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) has released its third quarter 2022 results. Please visit the Investor Relations section of Cousins' website at www.cousins.com to...

5 months ago - PRNewsWire

Here's Why Cousins Properties (CUZ) is an Apt Portfolio Pick

The improving Sun Belt office market fundamentals, strategic acquisitions and developments, and a solid balance sheet are likely to aid Cousins Properties' (CUZ) performance in the upcoming period.

5 months ago - Zacks Investment Research

Cousins Properties Announces Dates For Third Quarter 2022 Earnings Release And Conference Call

ATLANTA , Sept. 30, 2022 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that it will release its third quarter 2022 earnings after the market closes on Thursday, October 27, 2022.

6 months ago - PRNewsWire

Cousins Properties Announces Its Third Quarter 2022 Common Stock Dividend

ATLANTA , Sept. 20, 2022 /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 2022...

6 months ago - PRNewsWire

Cousins Properties (CUZ) Q2 FFO Beats Estimates, Revenues Lag

Cousins Properties' (CUZ) second-quarter FFO outpaces expectations. However, the top line lags estimates with leasing activity declining year over year.

8 months ago - Zacks Investment Research

Cousins Properties (CUZ) Tops Q2 FFO Estimates

Cousins Properties (CUZ) delivered FFO and revenue surprises of 4.48% and 3.05%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Cousins Properties Releases Second Quarter 2022 Results

ATLANTA , July 28, 2022 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) has released its second quarter 2022 results. Please visit the Investor Relations section of Cousins' website at www.cousins.com ...

8 months ago - PRNewsWire

Cousins Properties Announces Dates For Second Quarter 2022 Earnings Release And Conference Call

ATLANTA , July 6, 2022 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it will release its second quarter 2022 earnings after the market closes on Thursday, July 28, 2022 . Cousins...

9 months ago - PRNewsWire

COUSINS PROPERTIES ANNOUNCES ITS SECOND QUARTER 2022 COMMON STOCK DIVIDEND

ATLANTA , June 21, 2022 /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 2022...

9 months ago - PRNewsWire

Cousins Properties Closes $1 Billion Unsecured Revolving Credit Facility

ATLANTA , May 2, 2022 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that is has closed on a new five-year, $1 billion unsecured credit facility.  This new facility replaces the Compan...

11 months ago - PRNewsWire

Cousins Properties (CUZ) Q1 FFO Meets Estimates, Revenues Beat

Cousins Properties' (CUZ) first-quarter FFO meets expectations while revenues surpass estimates. However, leasing activity falls year over year.

11 months ago - Zacks Investment Research

Cousins Properties (CUZ) Q1 FFO Meet Estimates

Cousins Properties (CUZ) delivered FFO and revenue surprises of 0% and 0.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

Cousins Properties Releases First Quarter 2022 Results

ATLANTA , April 28, 2022 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) has released its first quarter 2022 results. Please visit the Investor Relations section of Cousins' website at www.cousins.com ...

11 months ago - PRNewsWire