CUZ · NYSE · REIT - Office

Cousins Properties (CUZ)

Owns and operates Class A Sun Belt office towers through an integrated real estate platform.

$28.90
After hours−0.01 (−0.03%)
At close$28.91(+0.87%)
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Cousins Properties IncorporatedCUZ
Real Estate

Invests in Class A office towers across selected high-growth Sun Belt markets. Revenue comes from leasing and managing properties, supported by development and acquisitions; the portfolio is concentrated in a limited set of U.S. metros.

Class A office towers in high-growth Sun Belt markets form the core portfolio. The integrated platform develops, acquires, leases, and manages those properties, rather than operating across a broad range of property types.

Atlanta and Austin represent the largest listed shares of portfolio NOI, with operations also in Charlotte, Phoenix, Tampa, Dallas, Houston, and Nashville. The post-Parkway and TIER platform is a single operating portfolio, not a collection of older homebuilding and retail businesses. The business depends on tenant leasing, office occupancy, and property-market conditions in this limited group of U.S. metros.

Company facts

CEOM. Colin Connolly
ListedMar 17, 1980
ExchangeNYSE
HeadquartersAtlanta, GA
CountryUnited States
Employees306
CIK0000025232
ISINUS2227955026

Market cap$4.72B
EPS (ttm)$0.0409
P/E (ttm)700.73
ROE0.1%
P/B1.05
P/S4.56
Dividend yieldDiv yield4.47%
Beta0.58vs XLRE 0.90

Price target$34.00+17.2%Average of 16 analysts
ConsensusBuy12 of 16 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 21, 2026Evercore ISITarget
Target: $34
Target: $33
Sep 8, 2026Mizuho SecuritiesTarget
Target: $33
Target: $34
Aug 14, 2026Robert W. BairdTarget
Target: $33
Target: $35
Jul 21, 2026Mizuho SecuritiesTarget
Target: $27
Target: $33
Jul 6, 2026Evercore ISIReiterate
Rating: Target: $28
Rating: OutperformTarget: $34

Next report
Oct 29, 26
in 37 days
EPS estimate
$0.09
Revenue estimate
$264.2M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.09$0.12$0.09$0.05−$0.02$0.15$0.16Pending
Estimate$0.07$0.71$0.08$0.69$0.06$0.71$0.08$0.09
Surprise+28.6%−83.1%+12.0%−92.6%−131.8%−78.9%+107.0%

RevenueReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$220.2M$243.0M$237.7M$246.5M$253.3M$261.1M$265.7MPending
Estimate$213.4M$232.6M$243.6M$239.7M$250.9M$256.8M$263.0M$264.2M
Surprise+3.2%+4.5%−2.4%+2.8%+1.0%+1.7%+1.0%
Estimate$0.09
ReportedDue Oct 29, 2026
Estimate$264.2M
ReportedDue Oct 29, 2026
View details

Debt to equity83.10%
Current ratio172.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$209.2M$225.3M$250.3M$240.1M$248.3M$255.0M$263.1M$268.5M
Net income$11.2M$13.6M$20.9M$14.5M$8.6M−$3.5M−$24.9M$26.3M
Net margin5.4%6.1%8.3%6.0%3.5%0.0%0.0%9.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$43.7M$49.5M$60.3M$55.3M$53.5M$55.5M$60.3M$26.2M
YoY growth−3.8%+5.8%+44.0%+45.5%+22.5%+12.1%−0.1%−52.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $6.7M · Total debt $3.73B · Total assets $9.04B · Shareholders' equity $4.49B

Revenue
$268.5M
Operating income
$26.2M
Net income
$26.3M
View details

Dividend yield
4.47%
Next ex-date
Oct 5, 26
in 13 days
Annual dividend
$1.28
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yieldUpcoming

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Dividend$0.32$0.32$0.32$0.32$0.32$0.32$0.32$0.32
Annual yield4.19%4.71%4.40%4.45%5.02%5.76%4.18%4.43%
Ex-dateJan 3Apr 3Jul 7Oct 3Jan 5Apr 7Jul 6Oct 5
Payment dateJan 14Apr 15Jul 17Oct 15Jan 14Apr 15Jul 16Oct 15
View details

Institutions106.71%175.65M shares
401 holders · as of Jun 30, 2026
Insiders1.01%1.67M shares
15 holders · as of Aug 20, 2026
Adds to107.72%

164.60M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 107.72%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
14.22%23.40Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
9.82%16.17Mas of Jun 30, 2026
Principal Financial Group IncInstitution
7.74%12.75Mas of Jun 30, 2026
Principal Real Estate Investors LLCInstitution
5.65%9.30Mfiled Aug 11, 2025
State Street CorpInstitution
4.85%7.98Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 20, 2026Jeffrey D. Symesofficer: SVP, Chief Accounting Officer−6,033$29.44
View details

CompareAfter hours

CompanyPriceChange
Cousins Properties$28.90−0.03%$4.72B700.775.34.6+11.8%
Highwoods Properties$30.75−0.03%$3.43B20.436.64.1+7.9%
Piedmont Realty Trust$9.37−0.16%$1.17B2.1+29.7%
Kilroy Realty$34.74+0.03%$4.02B24.282.63.7−6.0%
Median22.359.63.7+7.9%