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Real Estate - REIT - Office - NYSE - US
$ 30.65
-0.325 %
$ 4.85 B
Market Cap
90.15
P/E
1. INTRINSIC VALUE

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 platform, trophy assets and opportunistic investments.[ Read More ]

The intrinsic value of one CUZ stock under the base case scenario is HIDDEN Compared to the current market price of 30.6 USD, Cousins Properties Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CUZ

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FINANCIALS
803 M REVENUE
5.32%
191 M OPERATING INCOME
4.00%
83.8 M NET INCOME
-49.94%
368 M OPERATING CASH FLOW
0.88%
-296 M INVESTING CASH FLOW
11.59%
-71.7 M FINANCING CASH FLOW
-100.97%
209 M REVENUE
-1.77%
44.2 M OPERATING INCOME
18.65%
11.4 M NET INCOME
44.85%
117 M OPERATING CASH FLOW
-6.47%
-72.6 M INVESTING CASH FLOW
25.38%
25.4 M FINANCING CASH FLOW
191.68%
Balance Sheet Decomposition Cousins Properties Incorporated
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Current Assets 227 M
Cash & Short-Term Investments 6.05 M
Receivables 220 M
Other Current Assets 0
Non-Current Assets 7.41 B
Long-Term Investments 144 M
PP&E 21.2 M
Other Non-Current Assets 7.24 B
Current Liabilities 182 M
Accounts Payable 0
Short-Term Debt 429 M
Other Current Liabilities -247 M
Non-Current Liabilities 2.36 B
Long-Term Debt 2.08 B
Other Non-Current Liabilities 273 M
EFFICIENCY
Earnings Waterfall Cousins Properties Incorporated
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Revenue 803 M
Cost Of Revenue 266 M
Gross Profit 536 M
Operating Expenses 347 M
Operating Income 191 M
Other Expenses 107 M
Net Income 83.8 M
RATIOS
66.81% GROSS MARGIN
66.81%
23.78% OPERATING MARGIN
23.78%
10.33% NET MARGIN
10.33%
1.83% ROE
1.83%
1.09% ROA
1.09%
2.73% ROIC
2.73%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Cousins Properties Incorporated
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Net Income 83.8 M
Depreciation & Amortization 315 M
Capital Expenditures 0
Stock-Based Compensation 12 M
Change in Working Capital 748 K
Others -42.3 M
Free Cash Flow 368 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Cousins Properties Incorporated
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Wall Street analysts predict an average 1-year price target for CUZ of $28.8 , with forecasts ranging from a low of $24 to a high of $31 .
CUZ Lowest Price Target Wall Street Target
24 USD -21.70%
CUZ Average Price Target Wall Street Target
28.8 USD -5.93%
CUZ Highest Price Target Wall Street Target
31 USD 1.14%
4. DIVIDEND ANALYSIS
1.09% DIVIDEND YIELD
0.32 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Cousins Properties Incorporated
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Sold
0-3 MONTHS
374 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.66 M USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 12, 2024
Sell 205 K USD
Roper Pamela F
EVP, General Counsel
- 7047
29.13 USD
2 months ago
Sep 06, 2024
Sell 169 K USD
Symes Jeffrey D
SVP, Chief Accounting Officer
- 5997
28.13 USD
6 months ago
May 02, 2024
Sell 1.66 M USD
ADZEMA GREGG D
EVP and CFO
- 71097
23.31 USD
1 year ago
Feb 28, 2023
Sell 922 K USD
MCCOLL JOHN S
Executive Vice President
- 36975
24.925 USD
1 year ago
Feb 17, 2023
Sell 157 K USD
Roper Pamela F
EVP, General Counsel
- 6095
25.77 USD
3 years ago
Jun 10, 2021
Sell 1.73 M USD
Fordham Scott W
Director
- 43750
39.53 USD
3 years ago
Jun 01, 2021
Sell 1.65 M USD
Fordham Scott W
Director
- 43750
37.63 USD
3 years ago
Mar 15, 2021
Sell 1.61 M USD
Fordham Scott W
Director
- 43750
36.79 USD
4 years ago
May 18, 2020
Bought 64.2 K USD
Hickson Richard G IV
director: Executive Vice President
+ 2500
25.7 USD
4 years ago
May 18, 2020
Bought 64.2 K USD
Hickson Richard G IV
Executive Vice President
+ 2500
25.7 USD
4 years ago
Feb 18, 2020
Sell 1.49 M USD
Fordham Scott W
Director
- 35000
42.6011 USD
6 years ago
Jul 31, 2018
Sell 133 K USD
MCCOLL JOHN S
Executive Vice President
- 14333.22
9.2605 USD
6 years ago
Jul 31, 2018
Sell 15.4 K USD
GELLERSTEDT LAWRENCE L III
CEO
- 1660.2773
9.2605 USD
6 years ago
Jul 31, 2018
Sell 15.4 K USD
GELLERSTEDT LAWRENCE L III
director, officer, other: CEO
- 1660.2773
9.2605 USD
6 years ago
Apr 16, 2018
Bought 247 USD
Casal Edward Manuel
Director
+ 29.0015
8.5099 USD
6 years ago
Jan 16, 2018
Bought 226 USD
Casal Edward Manuel
Director
+ 24.8818
9.0958 USD
7 years ago
Oct 13, 2017
Bought 225 USD
Casal Edward Manuel
Director
+ 24.0087
9.3666 USD
7 years ago
Jul 14, 2017
Bought 223 USD
Casal Edward Manuel
Director
+ 25.2253
8.855 USD
7 years ago
Apr 17, 2017
Bought 222 USD
Casal Edward Manuel
Director
+ 26.4153
8.3959 USD
7 years ago
Jan 20, 2017
Bought 220 USD
Casal Edward Manuel
Director
+ 26.3978
8.3416 USD
6 years ago
Dec 12, 2017
Sell 700 K USD
Glover S Taylor
Director
- 74351
9.4119 USD
7 years ago
May 16, 2017
Sell 42 K USD
GIORNELLI LILLIAN C
Director
- 5006
8.3827 USD
7 years ago
May 02, 2017
Sell 4.6 K USD
GIORNELLI LILLIAN C
Director
- 541
8.5014 USD
7 years ago
Apr 27, 2017
Sell 59.8 K USD
GIORNELLI LILLIAN C
Director
- 7074
8.4587 USD
7 years ago
Apr 27, 2017
Sell 59.8 K USD
GIORNELLI LILLIAN C
Director
- 7074
8.4587 USD
7 years ago
Apr 28, 2017
Sell 22.4 K USD
GIORNELLI LILLIAN C
Director
- 2644
8.4644 USD
7 years ago
Apr 28, 2017
Sell 22.4 K USD
GIORNELLI LILLIAN C
Director
- 2644
8.4644 USD
7 years ago
May 01, 2017
Sell 68.7 K USD
GIORNELLI LILLIAN C
Director
- 8082
8.5005 USD
7 years ago
May 01, 2017
Sell 68.7 K USD
GIORNELLI LILLIAN C
Director
- 8082
8.5005 USD
7 years ago
Apr 24, 2017
Sell 31.7 K USD
GIORNELLI LILLIAN C
Director
- 3809
8.3291 USD
7 years ago
Apr 25, 2017
Sell 64.4 K USD
GIORNELLI LILLIAN C
Director
- 7665
8.3966 USD
7 years ago
Apr 26, 2017
Sell 63.7 K USD
GIORNELLI LILLIAN C
Director
- 7503
8.4883 USD
7 years ago
Apr 17, 2017
Sell 23.6 K USD
GIORNELLI LILLIAN C
Director
- 2792
8.4548 USD
7 years ago
Apr 18, 2017
Sell 8.45 K USD
GIORNELLI LILLIAN C
Director
- 999
8.4628 USD
7 years ago
Apr 19, 2017
Sell 13.4 K USD
GIORNELLI LILLIAN C
Director
- 1581
8.4535 USD
7 years ago
Apr 11, 2017
Sell 61 K USD
GIORNELLI LILLIAN C
Director
- 7250
8.412 USD
7 years ago
Apr 12, 2017
Sell 22.8 K USD
GIORNELLI LILLIAN C
Director
- 2689
8.4946 USD
7 years ago
Apr 06, 2017
Sell 28.4 K USD
GIORNELLI LILLIAN C
Director
- 3397
8.3533 USD
7 years ago
Apr 06, 2017
Sell 27.1 K USD
GIORNELLI LILLIAN C
Director
- 3227
8.3906 USD
7 years ago
Apr 06, 2017
Sell 30.8 K USD
GIORNELLI LILLIAN C
Director
- 3679
8.3622 USD
7 years ago
Apr 03, 2017
Sell 26.4 K USD
GIORNELLI LILLIAN C
Director
- 3202
8.2593 USD
7 years ago
Apr 04, 2017
Sell 62.4 K USD
GIORNELLI LILLIAN C
Director
- 7494
8.3331 USD
7 years ago
Apr 05, 2017
Sell 11.9 K USD
GIORNELLI LILLIAN C
Director
- 1421
8.3639 USD
7 years ago
Mar 30, 2017
Sell 5.8 K USD
GIORNELLI LILLIAN C
Director
- 711
8.1602 USD
7 years ago
Mar 31, 2017
Sell 93.8 K USD
GIORNELLI LILLIAN C
Director
- 11383
8.2427 USD
7 years ago
Mar 24, 2017
Sell 55.1 K USD
GIORNELLI LILLIAN C
Director
- 6740
8.1744 USD
7 years ago
Mar 14, 2017
Bought 396 K USD
Glover S Taylor
Director
+ 50000
7.91 USD
8 years ago
Feb 17, 2016
Bought 99.7 K USD
GELLERSTEDT LAWRENCE L III
President & CEO
+ 11750
8.4831 USD
8 years ago
Dec 14, 2015
Bought 449 K USD
Glover S Taylor
Director
+ 50000
8.9858 USD
9 years ago
Sep 11, 2015
Bought 249 K USD
GELLERSTEDT LAWRENCE L III
President & CEO
+ 27000
9.2356 USD
9 years ago
Sep 11, 2015
Bought 46.2 K USD
Connolly Michael Colin
Chief Investment Officer
+ 5000
9.23 USD
9 years ago
Sep 10, 2015
Bought 90.8 K USD
ADZEMA GREGG D
EVP and CFO
+ 10000
9.079 USD
9 years ago
Sep 09, 2015
Bought 998 K USD
Glover S Taylor
Director
+ 110000
9.0697 USD
10 years ago
Sep 22, 2014
Bought 124 K USD
COUSINS THOMAS G
Director
+ 10000
12.3905 USD
10 years ago
Sep 16, 2014
Bought 125 K USD
COUSINS THOMAS G
+ 10000
12.4663 USD
10 years ago
Sep 12, 2014
Bought 125 K USD
COUSINS THOMAS G
Director
+ 10000
12.5458 USD
10 years ago
Sep 02, 2014
Bought 3.32 M USD
COUSINS THOMAS G
+ 260000
12.75 USD
10 years ago
Aug 13, 2014
Bought 75 K USD
COUSINS THOMAS G
+ 5903
12.7 USD
10 years ago
Aug 12, 2014
Bought 285 K USD
COUSINS THOMAS G
+ 22540
12.631 USD
10 years ago
Aug 12, 2014
Bought 44.4 K USD
COUSINS THOMAS G
+ 3500
12.6799 USD
10 years ago
Feb 21, 2014
Sell 52.9 K USD
CHARLESWORTH TOM G
Director
- 4604
11.481 USD
7. News
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, fluctuations in funds from operations and limited cash reserves raise concerns about dividend consistency. The company benefits from favorable market conditions, including low new office construction and increasing leasing demand, but faces significant debt repayments in the near term. seekingalpha.com - 2 days ago
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 in the Sunbelt, with strong occupancy rates, premium rents, and a focus on desirable Lifestyle Office Assets. Despite positive growth metrics and a very stable dividend, CUZ faces huge debt maturities in 2025 and poorly explained joint venture losses. seekingalpha.com - 2 days ago
Cousins Properties Stock Up 30.5% in Six Months: Will It Rise Further? A high-quality office portfolio, an impressive tenant roster, opportunistic investments and a strong balance sheet bode well for CUZ's performance. zacks.com - 4 days ago
Cousins to Buy Charlotte Lifestyle Office Property Vantage South End CUZ's acquisition of Vantage South End in Charlotte is likely to help boost its footprint and secure stable, long-term income in a high-demand Sun Belt market. zacks.com - 1 week ago
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 stock.  6,000,000 shares are being offered by the Company for expected gross proceeds of approximately $188 million before underwriting discounts and estimated offering expenses payable by the Company. prnewswire.com - 1 week ago
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 common stock.  The Company intends to use the net proceeds of the offering to fund a portion of the purchase price of an office property in Charlotte, North Carolina. prnewswire.com - 1 week ago
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 Charlotte, for $328.5 million. The transaction is expected to close in December, subject to customary closing conditions. prnewswire.com - 1 week ago
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 job openings slid to 7.443M from 7.861M in August, and layoffs and discharges rose, a potential opportunity for more rate cuts. REITs benefit from a lower-rate environment due to reduced borrowing costs and more attractive dividend yields relative to bonds that can drive investor demand and share prices. seekingalpha.com - 2 weeks ago
Brace For Volatility U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April. Retreating from record-highs, the S&P 500 finished lower by 1% on the week, declining for just the second time in the past twelve weeks. Rate-sensitive segments and small-caps were laggards. seekingalpha.com - 3 weeks ago
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 Officer Richard Hickson - Executive Vice President, Operations Kennedy Hicks - Executive Vice President and Chief Investment Officer Gregg Adzema - Chief Financial Officer Conference Call Participants Jeff Spector - Bank of America Blaine Heck - Wells Fargo Anthony Paolone - JPMorgan John Kim - BMO Capital Markets Nick Thillman - Baird Upal Rana - KeyBanc Peter Abramowitz - Jefferies Dylan Burzinski - Green Street Brendan Lynch - Barclays Operator Good morning, ladies and gentlemen, and welcome to the Cousins Properties Third Quarter Conference Call. [Operator Instructions] The call is being recorded on Friday, October 25, 2024. seekingalpha.com - 3 weeks ago
Cousins Properties' Q3 FFO Meets Estimates, '24 View Raised CUZ's Q3 FFO matches estimates. Results reflect strong leasing activity and higher rents amid rising demand for office spaces. zacks.com - 3 weeks ago
Compared to Estimates, Cousins Properties (CUZ) Q3 Earnings: A Look at Key Metrics The headline numbers for Cousins Properties (CUZ) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 3 weeks ago
8. Profile Summary

Cousins Properties Incorporated CUZ

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COUNTRY US
INDUSTRY REIT - Office
MARKET CAP $ 4.85 B
Dividend Yield 1.09%
Description 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 platform, trophy assets and opportunistic investments.
Contact 3344 Peachtree Road NE, Atlanta, GA, 30326 https://www.cousins.com
IPO Date March 17, 1980
Employees 305
Officers Mr. Richard G. Hickson IV Executive Vice President of Operations Ms. Roni Imbeaux Vice President of Finance & Investor Relations Mr. John S. McColl Executive Vice President of Development Mr. Brandon Van Orden Senior Vice President & Chief Information Officer Mr. Michael Colin Connolly President, Chief Executive Officer & Director Mr. Gregg D. Adzema Executive Vice President & Chief Financial Officer Ms. Melissa McNamara Vice President & Head of Corporate Communications Ms. Jane Kennedy Hicks Chief Investment Officer, Executive Vice President & MD of Atlanta Ms. Pamela F. Roper Esq. Executive Vice President, General Counsel & Corporate Secretary Mr. Jeffrey D. Symes Senior Vice President & Chief Accounting Officer