Loading…
Cousins Properties Incorporated
🏹 Trader: 🎯 Near 52W High 💎 VCP Breakout | BRS 64 Forming View all →
$5.0B
Market Cap
107.4
P/E
PEG
2.6%
ROCE
0.9%
ROE
0.71
D/E
21.0%
OPM
-8.4%
% from 52W High
59
α RS
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for CUZ including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Cousins Properties Incorporated is a fully integrated, self-administered, and self-managed real estate investment trust (REIT).

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding CUZ
View All Superinvestors →
Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 896.6K $20.2M 0.03% Mar 2026
Jim Simons Renaissance Technologies LLC 497.5K $11.2M 0.02% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →
📊 MIXED Cousins Properties Q1 2026: FFO $0.73, guidance $2.94, 932k sq ft leased.
Revenue & Profitability
FFO per share for Q1 2026 was $0.73, which was $0.02 above consensus. The midpoint of full-year 2026 FFO guidance was increased to $2.94 per share, representing 3.5% growth over 2025. Same property cash NOI grew 5.5% year-over-year in Q1 2026, driven by a 4.5% increase in revenues and a 2.7% increase in expenses. The company issued a $500 million 7-year unsecured bond at a yield to maturity of 5%.
Outlook
Management is optimistic about the office market, citing several tailwinds: most major companies are phasing out remote work, the flight to quality is strong, Sun Belt migration has re-accelerated, and record high conversions combined with low new development starts are shrinking inventory. They believe there is an emerging shortage of premier lifestyle office space in the best Sun Belt submarkets that will become increasingly acute. AI is not seen as reducing long-term demand for high-quality office space.
Growth Drivers
Key growth levers include increasing portfolio occupancy, which the company targets to reach 90% by year-end 2026. Leasing activity was robust with 932,000 square feet completed in Q1 2026, including significant new leases with Oracle at Neuhoff (Nashville) and KPMG at Proscenium (Midtown Atlanta). The late-stage leasing pipeline is about 1 million square feet, 450,000 of which are new and expansion leases. Markets showing strong demand include Atlanta, Austin, Charlotte, and Dallas.
Balance Sheet & CapEx
The company completed the acquisition of 300 South Tryon in Charlotte for $317.5 million, funded by non-core asset sales. Dispositions included Harborview Plaza in Tampa ($39.5 million) and a contract to sell 111 Congress in Austin (closing early Q3 2026). The company also received repayment of an $18.2 million mezzanine loan. Second-generation CapEx may be higher in 2026 due to strong leasing volume, but specific CapEx guidance was not provided. The company is evaluating potential development starts within the next year, including a possible office building at Neuhoff phase two.
Margins
Management highlighted that same property expenses have been held to an average annual increase of just 1.95% over the past four years, attributing this to a new and efficient portfolio located in affordable and business-friendly markets. FFO per share is expected to grow 3.5% in 2026. The company's guidance does not assume any SOFR cuts during 2026. The payout ratio for dividends is historically in the low to mid 70% of FAD, and management is comfortable maintaining that level.
Key Risks
Management acknowledged ongoing macro concerns and volatility in public markets. Leverage was elevated at 5.66x net debt to EBITDA in Q1 2026, but management considers this a temporary timing issue that will normalize after asset sales and share repurchase funding are completed. The company removed a prior mid-year SOFR cut assumption from its guidance. No other specific risks were highlighted by management or analysts in the Q&A.
Generated by AI · Q1 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-31
Q2 saw record leasing activity, 5.9% same property NOI growth, and a raised FFO guidance midpoint to $2.95 per share for 2026. Portfolio upgrades, robust Sun Belt demand, and strong balance sheet position support continued above-average leasing and earnings growth.
Q1 2026 Q1 2026 2026-04-30
Q1 results exceeded expectations with strong FFO growth, robust leasing, and rising occupancy. Portfolio optimization continued through strategic acquisitions, dispositions, and share repurchases, while guidance for 2026 was raised amid strong Sun Belt office demand and limited new supply.
Q4 2025 Q4 2025 2026-02-06
Q4 and full-year 2025 FFO grew, driven by robust leasing and strategic acquisitions, with Sunbelt markets showing strong demand and limited new supply. 2026 guidance projects continued FFO growth, with a focus on occupancy gains, disciplined capital allocation, and a robust leasing pipeline.
Q3 2025 Q3 2025 2025-10-31
Q3 delivered strong FFO growth, robust leasing, and a raised full-year guidance. Portfolio occupancy dipped due to a major lease expiration but is expected to rebound, with record leasing pipelines and strategic Sun Belt acquisitions supporting future growth.
Q2 2025 Q2 2025 2025-08-01
Q2 delivered strong FFO, NOI, and leasing results, with robust rent growth and a major Dallas acquisition. 2025 FFO guidance was raised, supported by accretive investments and a healthy Sun Belt office market. Portfolio occupancy is expected to rebound after Q3.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.