Cousins Properties

Cousins Properties, Inc. engages in the development, acquisition, leasing and management of real estate assets. It invests in urban office towers located in Sunbelt markets. The company was founded by Thomas G. Cousins in 1958 and is headquartered in Atlanta, GA.

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Cousins Properties excels in Q4, eyes growth in key markets

Cousins Properties delivered strong Q4 results, showcasing robust leasing activity and positive financial performance.
The company strategically sold older properties and reinvested in high-value assets, positioning for future growth.
Challenges include managing lease expirations and potential space contractions, alongside interest rate risks.
Opportunities in market expansion, development projects, and optimizing leasing dynamics present avenues for future growth.

Cousins Properties excels in Q1, eyes growth amid market shifts

Cousins Properties delivered a strong performance in Q1 2023, driven by robust leasing activity and solid operational results.
While facing challenges from the macro environment and ongoing lease negotiations, the company remains well-positioned to capitalize on market trends.
With an increased FFO guidance for 2023 and strategic focus on premier properties, Cousins Properties is poised for continued growth and stability.

Cousins Properties excels in Q2, eyes growth in key markets

Cousins Properties delivered strong Q2 results, showcasing positive leasing activity and financial performance. The company is optimistic about increasing occupancy in 2024, driven by new leasing momentum and favorable market dynamics. Challenges include private equity hesitancy and market uncertainties, while opportunities exist in growing markets and positive rent dynamics.

Cousins Properties reports robust Q3 earnings amidst changing office dynamics

Cousins Properties delivered strong Q3 earnings, focusing on premier properties in vibrant Sunbelt neighborhoods amidst changing office trends.
Leasing challenges observed at specific properties, offset by solid financial performance and ongoing discussions for potential WeWork lease restructuring.
Tenant decision-making influenced by higher interest rates, but opportunities exist with companies returning to the office and a shift towards the Sun Belt.
Overall, Cousins Properties remains resilient, with a strong balance sheet, confidence in current leases, and a strategic focus on efficiency and growth.

Cousins Properties excels in Q4 earnings amidst market dynamics

Cousins Properties demonstrated strong financial performance in Q4, maintaining a focus on occupancy growth and prudent capital allocation.
Challenges include uncertainties in asset utilization and financial impacts from unexpected project costs, while opportunities lie in market trends and investment prospects.
The company's strategic strengths in financial management, geographic diversification, and market positioning position it for continued growth and resilience.
Overall, Cousins Properties navigates a dynamic market landscape with a strategic focus on maximizing property value and seizing growth opportunities.

Cousins Properties delivered strong Q1 results, focusing on driving occupancy and capital allocation.
Positive market trends in lifestyle offices and investment-grade ratings enhance financial flexibility.
Challenges include property tax impacts and cost challenges from tenant improvements.
Opportunities lie in Oracle's move to Nashville, increased leasing activity, and geographic diversification within Sun Belt markets.

Cousins Properties (CUZ) excels in Q2, eyes growth opportunities

Cousins Properties (CUZ) delivered robust Q2 results, showcasing financial strength and strategic investments. While challenges in market dynamics and debt management persist, the company is well-positioned to capitalize on growth opportunities and drive value creation.

Cousins Properties reports robust Q3 performance and optimistic growth outlook

Cousins Properties' Q3 performance reflects strength in financial metrics and market positioning. With a focus on strategic investments and growth opportunities, the company is poised for continued success. Navigating market challenges while capitalizing on opportunities will be key to sustaining growth momentum.

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Cousins Properties, Inc. engages in the development, acquisition, leasing and management of real estate assets. The firm invests in urban office towers located in Sunbelt markets. It operates through the Office and Non-Office segments. The company was founded by Thomas G. Cousins in 1958 and is headquartered in Atlanta, GA.

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

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

American Assets

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

Lamar Advertising

Healthpeak 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

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

Kite Realty Group

Sun Communities

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 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

Bally's

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

Boston Properties

National Health Investors

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

Cousins Properties' (CUZ) strengths arise out of its Class A office asset portfolio in the high-growth Sun Belt markets, strategic portfolio rebalancing and strong balance sheet.

Cousins Properties (CUZ) Up 11.1% YTD: Will It Rise Further?

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 Partnership"), has priced an offering of $500 million aggregate principal amount of 5.875% senior unsecured notes due 2034 at 99.708% of the principal amount. The offering is expected to close on August 16, 2024, subject to the satisfaction of customary closing conditions.

Cousins Properties Announces Pricing of Senior Notes Offering

CTO Realty Growth

Realty Income Corp

The top real estate stocks are defying market headwinds with remarkable resilience. Despite mortgage rates soaring to record highs over the past couple of decades, the U.S. real estate market continues to show extraordinary strength.

3 Real Estate Stocks That May Offer Attractive Yields

Cousins Properties' (CUZ) high-quality office portfolio catering to the rising demand in the Sun Belt region, strategic portfolio rebalancing and strong balance sheet make it an attractive investment bet.

Why Should You Add Cousin Properties (CUZ) to Your Portfolio?

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 submarket of Atlanta, GA for approximately $83 million. Town Lane and Cousins (the Ownership) completed the all-cash transaction through a newly formed joint venture with Town Lane owning 80% of the venture and Cousins owning the remaining 20%.

Cousins Properties and Town Lane Announce the Acquisition and Planned Modernization of Proscenium

NEW YORK--(BUSINESS WIRE)--Town Lane and Cousins Properties Announce Midtown Atlanta Office Acquisition.

Town Lane and Cousins Properties Announce the Acquisition and Planned Modernization of Proscenium

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 Officer Richard Hickson - EVP of Operations Kennedy Hicks - EVP & Chief Investment Officer Gregg Adzema - Chief Financial Officer. Conference Call Participants Blaine Heck - Wells Fargo Steve Sakwa - Evercore Nick Thillman - Baird John Kim - BMO Capital Markets Dylan Burzinski - Green Street Camille Bonnel - Bank of America Upal Rana - KeyBanc Brendan Lynch - Barclays Operator Good morning, ladies and gentlemen, and welcome to the Cousins Properties Second Quarter Conference Call.

Cousins Properties Incorporated (CUZ) Q2 2024 Earnings Call Transcript

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 the REIT is mispriced and the fundamentals are much stronger than for any average office REIT out there. The recent Q2 earnings report confirms this.

Cousins Properties: The Recent Earnings Confirm That This Is A Different Office REIT

Cousins Properties' (CUZ) Q2 FFO tops estimates. Results reflect decent leasing activity and higher rental property revenues.

Cousins Properties (CUZ) Q2 FFO Beats Estimates, '24 View Raised

Although the revenue and EPS for Cousins Properties (CUZ) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Cousins Properties (CUZ) Q2 Earnings: A Look at Key Metrics

Cousins Properties (CUZ) came out with quarterly funds from operations (FFO) of $0.68 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to FFO of $2.75 per share a year ago.

Cousins Properties (CUZ) Q2 FFO and Revenues Top Estimates

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 to access the Earnings Release and Supplemental Information.

Cousins Properties Releases Second Quarter 2024 Results

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 lifestyle office properties in Nashville and Charlotte. Cousins initial commitment is $27.2 million with a potential total commitment of $37.0 million.

Cousins Properties Announces Acquisition of Two Mezzanine Loans

Highwoods Properties

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 appreciation, while Cousins Properties provides a 5.3% yield and upside potential as well. Both REITs have strong balance sheets, attractive dividends, and potential for growth, making them suitable for income-focused investors.

Looking For Income Now? Consider These 2 Sun Belt REITs

Cousins Properties' (CUZ) high-quality office portfolio, impressive tenant roster and opportunistic investments aid the growth momentum. However, the elevated supply of rental units and high interest rates ail.

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

Alexandria Real Estate Equities

Federal Realty Investment Trust

Undervalued REITs are the way to go in the current real estate environment, which is still struggling after the Federal Reserve hiked rates 11 times from 2022 to 2023 in an effort to curb inflation. Still, it continues to be above the benchmark rate of 2%.

News for Cousins Properties Stock (CUZ)