Cousins Properties
CUZ

$29.43

1.13%

Market Cap: $4.48B

About: Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio mainly comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, the majority of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's key markets.

Employees: 305

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

447% more call options, than puts

Call options by funds: $394K | Put options by funds: $72K

0% less funds holding

Funds holding: 327 [Q1] → 326 (-1) [Q2]

0.59% less ownership

Funds ownership: 95.27% [Q1] → 94.68% (-0.59%) [Q2]

2% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 46

3% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 119

4% less capital invested

Capital invested by funds: $3.46B [Q1] → $3.32B (-$148M) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$29

1%

downside

Avg. target

$30

3%

upside

High target

$31

5%

upside

5 analyst ratings

4 positive

80%

1 neutral

20%

0 negative

0%

Wells Fargo Blaine Heck 75% 1-year accuracy 9 / 12 met price target	5%upside $31	Overweight Maintained	11 Sept 2024
Truist Securities Michael Lewis 81% 1-year accuracy 30 / 37 met price target	2%upside $30	Buy Maintained	30 Aug 2024
Evercore ISI Group Steve Sakwa 64% 1-year accuracy 29 / 45 met price target	1%downside $29	In-Line Downgraded	20 Aug 2024
Baird David Rodgers 67% 1-year accuracy 4 / 6 met price target	5%upside $31	Outperform Maintained	31 Jul 2024
Barclays Anthony Powell 73% 1-year accuracy 22 / 30 met price target	2%upside $30	Overweight Maintained	30 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about CUZ published over the past 30 days

Zacks Investment Research

Cousins Properties Leases Full Building at The Domain in Austin

CUZ secures a full building lease with a Fortune 100 technology company at The Domain in Austin, TX.

Cousins Properties Leases Full Building at The Domain in Austin

The September Swoon

U.S. equity markets posted their worst week since March 2023 while benchmark interest rates tumbled to eighteen-month lows after employment data indicated a further cooling in economic momentum. Among several disappointing reports, BLS Nonfarm Payrolls data showed that the U.S. economy added just 142k jobs in August, while prior months were again revised sharply lower. Snapping a four-week winning streak that lifted the major benchmark to the cusp of record highs, the S&P 500 tumbled 4.1% this week. Technology stocks dragged on the downside.

The September Swoon

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 Austin.

Cousins Properties Announces Full Building Lease with Fortune 100 Technology Company at The Domain in Austin

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 as high-quality office REIT options, benefiting from favorable property locations and potential growth. Both offer attractive dividends, solid balance sheets, and attractive property locations, making them good buys for the long term.

2 Unbeloved REITs That Offer Long-Term Upside Potential

Zacks Investment Research

Zacks Industry Outlook Healthpeak Properties, Lamar Advertising and Cousins Properties

Healthpeak Properties, Lamar Advertising and Cousins Properties have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Healthpeak Properties, Lamar Advertising and Cousins Properties

Zacks Investment Research

3 Equity REIT Stocks Worth Investing in as the Industry Rebounds

The Zacks REIT and Equity Trust - Other industry players such as DOC, LAMR and CUZ are likely to benefit from healthy fundamentals and improving demand.

3 Equity REIT Stocks Worth Investing in as the Industry Rebounds

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 opportunities in the office and shopping center sectors. The "Margin of Safety" concept is not foolproof, yet I consider it one of the most important methods for helping investors separate the wheat from the chaff.

3 'Strong Buy' REITs With A Wide Margin Of Safety

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 fastest-growing cities, like Atlanta, Austin, Phoenix, Houston, Nashville, and Raleigh. Cousins' payout ratio of 70.7% and strong balance sheet positions them to capture growth in a favorable, growing public market.

Cousins Properties: One Of The Best Office REITs To Own With Significant Upside Potential

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 ratios are higher than their peers, VICI Properties and Cousins Properties. Investors should be cautious of investing in companies with high payout ratios, as any sudden economic downturn or tenant issues could result in a dividend cut.

2 REITs That Offer Higher But Riskier Yields

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.

Office REITs find an open door in the bond market

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