Cousins Properties (CUZ) Stock Forecast & Price Target

Cousins Properties Inc. exhibits a positive outlook due to anticipated increases in core occupancy and net effective rents, supported by robust leasing activity and minimal lease expirations across key markets. Furthermore, the company has raised its 2025 Funds From Operations (FFO) estimate to $2.84 per share, up from $2.77 per share, due to a recent acquisition in Dallas and a higher expected return on cash in the third quarter of 2025. The potential for continued population and job growth in their target Sunbelt cities presents additional upside risks that may further enhance the company’s financial performance.

Cousins Properties Inc. faces a negative outlook primarily due to projected declining occupancy rates, with forecasts indicating a drop to 89.2% by year-end 2025, largely attributed to the loss of a major tenant, Bank of America. The company is also experiencing pressure from broader economic factors, particularly slumping national job growth, which has led to a reassessment of target Price-to-Funds from Operations (P/FFO) and Price-to-Net Asset Value (P/NAV) metrics. Furthermore, significant risks loom over the office sector, including the possibility of a recession and a continued trend toward remote work, which could further diminish demand for office space and tenant commitments, ultimately impacting revenue stability.