Cousins Properties (NYSE:CUZ) Releases Earnings Results, Meets Estimates

Cousins Properties (NYSE:CUZ) posted its earnings results on Thursday. The real estate investment trust reported $0.10 EPS for the quarter, meeting the consensus estimate of $0.10, FiscalAI reports. The firm had revenue of $259.42 million for the quarter, compared to analyst estimates of $264.23 million. Cousins Properties had a return on equity of 0.32% and a net margin of 1.42%. Cousins Properties’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.69 earnings per share.

Cousins Properties Stock Performance

NYSE:CUZ traded up $0.38 during mid-day trading on Friday, reaching $29.47. 2,409,869 shares of the stock were exchanged, compared to its average volume of 1,346,993. The company has a 50 day simple moving average of $28.38 and a 200-day simple moving average of $26.98. The stock has a market capitalization of $4.85 billion, a P/E ratio of 327.48, a P/E/G ratio of 2.01 and a beta of 1.19. Cousins Properties has a 1 year low of $21.03 and a 1 year high of $32.95. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.83.

Cousins Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Monday, October 5th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Monday, October 5th. Cousins Properties’s dividend payout ratio (DPR) is currently 1,422.22%.

Insider Activity

In related news, CAO Jeffrey Symes sold 6,033 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $29.44, for a total value of $177,611.52. Following the transaction, the chief accounting officer owned 16,685 shares in the company, valued at $491,206.40. The trade was a 26.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.81% of the stock is currently owned by corporate insiders.

Trending Headlines about Cousins Properties

Here are the key news stories impacting Cousins Properties this week:

• Positive Sentiment: FFO beat estimates: Third-quarter FFO rose to $0.75 per share from $0.69 a year earlier, exceeding consensus estimates of $0.73-$0.74. Net income available to common shareholders nearly doubled to $17.0 million. Cousins Properties Q3 FFO Top Estimates
• Positive Sentiment: Guidance was raised: Cousins lifted its 2026 net-income guidance to $0.14-$0.18 per share from $0.08-$0.14 and increased FFO guidance to $2.95-$2.99 per share from $2.92-$2.98. Cousins Properties Reports Q3 Revenue and Raises Guidance
• Positive Sentiment: Operating trends improved: The company executed 546,000 square feet of office leases, while same-property cash-basis net operating income increased 7.4%. Portfolio occupancy was 89.5%, with the portfolio 93.0% leased at quarter-end. Cousins also completed the $208 million sale of One Eleven Congress in Austin, supporting liquidity and portfolio management.
• Neutral Sentiment: Adjusted earnings were solid, but reported EPS was unchanged versus expectations: Quarterly EPS was $0.10, matching analysts’ estimates. Revenue increased 4.5% year over year to $259.4 million, but the result was below the $264.2 million consensus forecast. Cousins Properties Earnings Report
• Negative Sentiment: Revenue missed expectations: The top-line shortfall and continued challenges in the office real estate market may limit enthusiasm despite the FFO beat and raised outlook.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Barclays raised their target price on Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Evercore set a $33.00 price target on Cousins Properties in a report on Monday, September 21st. Mizuho set a $34.00 price target on Cousins Properties in a report on Tuesday, September 8th. Wall Street Zen upgraded shares of Cousins Properties from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Cousins Properties in a report on Tuesday, September 22nd. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $31.50.

Cousins Properties Company Profile

Cousins Properties Incorporated (NYSE: CUZ) is a self-administered and self-managed real estate investment trust that owns, develops, and manages primarily Class A office properties. The company focuses on high-quality buildings designed to serve businesses across a range of industries, with services that include property management, leasing, development, and asset operations.

Founded in 1958 by Thomas G. Cousins, the company has developed a longstanding presence in the commercial real estate industry.