Cousins Properties Incorporated

Cousins Properties Incorporated

CUZ · NYSE · Real Estate / REIT - Office

29.64USD+0.14 (+0.47%)

Price History

Full chart

Market Stats

Previous Close29.50
Open29.67
Day Range29.46 – 29.75
52-Week Range20.52 – 32.95
Volume888.60K
Market Cap4.69B
P/E (TTM)712.25
Forward P/E10.12
EPS0.04
Dividend Yield4.53%
Beta1.16
50-Day Avg29.80
200-Day Avg26.66

About

Cousins Properties Incorporated is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy based on a simple platform, trophy assets, and opportunistic investments. Cousins Properties Incorporated was founded in 1958 and is based in Georgia.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMr. Michael Colin Connolly
  • Employees351
  • Headquarters3344 Peachtree Road NE, Atlanta, GA, United States, 30326-4802, USA
  • Websitehttps://www.cousins.com

Leadership

  • Mr. Michael Colin ConnollyPresident, CEO & Director · b. 1977
  • Mr. Gregg D. AdzemaExecutive VP & CFO · b. 1965
  • Mr. Richard G. Hickson IVExecutive Vice President of Operations · b. 1974
  • Ms. Jane Kennedy HicksExecutive VP & Chief Investment Officer · b. 1984
  • Mr. John S. McCollExecutive Vice President of Development · b. 1963
  • Mr. Jeffrey D. SymesSenior VP & Chief Accounting Officer · b. 1965
  • Mr. Brandon Van OrdenSenior VP & Chief Information Officer
  • Ms. Roni ImbeauxVice President of Finance & Investor Relations
  • Ms. Pamela F. Roper Esq.Executive VP, General Counsel & Corporate Secretary · b. 1974
  • Ms. Melissa McNamaraVice President & Head of Corporate Communications

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue55.90M19.00M19.70M23.50M24.10M21.10M28.10M24.60M31.11M41.04M58.53M86.00M98.31M97.82M144.63M177.70M199.80M189.60M136.81M155.74M169.86M165.38M214.65M224.88M228.51M178.46M148.28M210.74M361.38M381.64M259.21M466.19M475.21M657.51M740.34M755.07M762.29M802.87M856.76M993.82M
Growth (%)--66.01%+3.68%+19.29%+2.55%-12.45%+33.18%-12.46%+26.45%+31.92%+42.64%+46.93%+14.32%-0.50%+47.85%+22.86%+12.44%-5.10%-27.85%+13.84%+9.07%-2.64%+29.79%+4.77%+1.61%-21.90%-16.91%+42.13%+71.48%+5.61%-32.08%+79.85%+1.94%+38.36%+12.60%+1.99%+0.96%+5.32%+6.71%+16.00%
Cost of Revenue--------------100.63M125.57M143.80M10.02M12.01M25.81M32.15M7.68M67.71M66.56M96.69M77.88M56.35M90.50M155.93M156.16M96.91M163.88M164.68M222.15M250.85M259.46M258.37M266.43M280.66M730.40M
Gross Profit55.90M19.00M19.70M23.50M24.10M21.10M28.10M24.60M31.11M41.04M58.53M86.00M98.31M97.82M144.63M177.70M199.80M179.58M124.80M129.93M137.71M157.70M146.94M158.32M131.82M100.58M91.93M120.24M205.45M225.49M162.30M302.30M310.53M435.37M489.49M495.61M503.92M536.44M576.10M263.42M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%94.71%91.22%83.43%81.07%95.35%68.45%70.40%57.69%56.36%62.00%57.06%56.85%59.08%62.61%64.85%65.35%66.21%66.12%65.64%66.11%66.81%67.24%26.51%
Operating Expense43.50M12.30M11.10M20.60M21.30M10.50M16.90M16.60M54.01M70.27M101.21M143.56M162.28M166.93M245.56M303.93M343.60M319.84M244.92M274.28M317.99M314.14M117.43M142.61M111.61M80.75M66.77M98.22M159.80M152.51M123.54M224.27M242.85M299.27M311.41M317.41M323.91M347.23M401.61M40.44M
Operating Income12.40M6.70M8.60M2.90M2.80M10.60M11.20M8.00M-22.90M-29.23M-42.68M-57.56M-63.97M-69.10M-100.93M-126.22M-143.80M-140.26M-120.12M-144.36M-180.28M-156.45M29.51M15.71M20.21M19.84M25.16M22.03M45.65M72.97M38.76M78.03M67.68M136.10M178.08M178.20M180.01M189.21M174.49M222.97M
Operating Margin22.18%35.26%43.65%12.34%11.62%50.24%39.86%32.52%-73.63%-71.24%-72.92%-66.93%-65.07%-70.64%-69.78%-71.03%-71.97%-73.98%-87.80%-92.69%-106.13%-94.60%13.75%6.99%8.84%11.12%16.97%10.45%12.63%19.12%14.95%16.74%14.24%20.70%24.05%23.60%23.61%23.57%20.37%22.44%
EBITDA68.30M25.70M28.30M27.40M28.80M33.90M41.60M35.80M11.95M2.20M129.40M166.30M49.52M45.58M48.68M53.12M252.23M61.35M53.92M51.10M33.27M41.20M49.77M71.54M38.86M-36.44M66.43M82.20M178.47M163.83M127.56M318.37M296.69M463.80M587.37M634.12M535.57M504.18M534.10M456.61M
EBITDA Margin122.18%135.26%143.65%116.60%119.50%160.66%148.04%145.53%38.40%5.37%221.08%193.37%50.37%46.59%33.66%29.89%126.24%32.36%39.41%32.81%19.59%24.91%23.19%31.81%17.01%-20.42%44.80%39.01%49.39%42.93%49.21%68.29%62.43%70.54%79.34%83.98%70.26%62.80%62.34%45.95%
Net Income29.60M11.10M9.70M15.20M17.80M9.10M15.70M11.90M26.89M26.34M41.02M37.28M45.30M104.08M62.04M70.81M47.87M242.16M407.78M49.74M232.69M32.92M22.55M27.30M-14.57M-128.43M45.73M121.76M52.00M125.52M79.11M216.28M79.16M101.57M237.28M278.59M166.79M82.96M45.96M40.50M
Net Income Margin52.95%58.42%49.24%64.68%73.86%43.13%55.87%48.37%86.46%64.19%70.07%43.35%46.08%106.40%42.90%39.85%23.96%127.72%298.07%31.94%136.99%19.91%10.50%12.14%-6.38%-71.96%30.84%57.78%14.39%32.89%30.52%46.39%16.66%15.45%32.05%36.90%21.88%10.33%5.36%4.08%
R&D--------------------------00000.320.010.050.040.110.280.220.1--
R&D as % of Total Revenue--------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense0000000000000000022.58M14.62M9.09M11.12M8.82M33.15M41.39M37.18M27.78M23.93M21.71M20.98M22.73M26.65M33.52M39.43M53.96M60.60M67.03M72.54M105.46M122.48M159.34M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%11.91%10.69%5.84%6.55%5.33%15.44%18.41%16.27%15.57%16.14%10.30%5.81%5.96%10.28%7.19%8.30%8.21%8.19%8.88%9.52%13.14%14.30%16.03%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets145.20M145.40M149.40M157.20M168.40M169.40M195.80M319.70M330.82M418.01M556.60M617.70M752.86M932.92M1.12B1.22B1.25B1.14B1.03B1.19B1.20B1.51B1.69B1.49B1.37B1.24B1.12B2.27B2.67B2.60B4.17B4.20B4.15B7.15B7.11B7.31B7.54B7.63B8.80B8.89B
Total Liabilities73.20M32.30M40.40M49.30M53.10M55.30M19.70M45.50M54.29M136.49M257.40M247.00M355.93M463.51M630.52M727.13M812.23M542.29M347.23M531.81M526.85M911.33M1.19B658.70M564.14M598.14M481.29M814.23M993.87M914.39M1.66B1.38B1.33B2.72B2.61B2.71B2.89B3.09B3.93B4.19B
Total Equity72.00M113.10M109.00M107.90M115.30M114.10M176.10M270.60M272.90M281.51M299.20M370.70M379.87M437.72M454.47M462.67M408.88M578.78M659.75M632.28M625.91M552.50M466.72M787.41M760.08M603.69M620.34M1.46B1.67B1.68B2.51B2.83B2.77B4.43B4.47B4.60B4.65B4.52B4.85B4.68B
Cash--------3.41M1.55M1.60M32.69M1.35M1.47M1.70M10.56M9.47M13.06M89.49M9.34M11.54M17.82M82.96M9.46M7.60M4.86M176.89M975.00K5.04M2.00M35.69M148.93M2.55M15.60M4.29M8.94M5.14M6.05M7.35M5.72M
Total Debt12.70M-11.90M25.70M34.30M34.70M9.10M35.20M41.80M113.43M231.80M226.30M198.86M312.26M485.08M585.27M669.79M497.98M302.29M467.52M315.15M676.19M942.24M590.21M509.51M539.44M425.41M630.09M792.34M1.44B1.38B1.09B1.06B2.26B2.22B2.34B2.33B2.51B3.15B3.68B
Net Debt12.70M-11.90M25.70M34.30M34.70M9.10M35.20M38.39M111.88M230.20M193.61M197.51M310.78M483.39M574.72M660.32M484.92M212.80M458.18M303.61M658.36M859.28M580.74M501.91M534.58M248.52M629.12M792.34M719.29M1.35B944.30M1.06B2.21B2.22B2.23B2.33B2.50B3.14B3.67B

Cash Flow

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow12.00M9.40M10.80M11.40M15.10M35.61M37.72M57.10M57.95M89.54M91.83M103.59M94.02M102.75M100.90M245.95M57.08M226.28M8.37M40.57M43.16M79.70M55.58M95.32M137.34M142.40M151.66M111.28M211.65M229.03M303.18M351.09M389.48M365.17M368.36M400.23M402.27M
Investing Cash Flow-7.10M-19.60M-1.80M-6.60M-123.50M-45.55M--124.74M-55.56M-99.96M-158.88M-230.89M-120.69M-82.96M174.78M370.05M-215.25M178.00M-248.55M-133.73M-45.35M26.85M-44.86M241.96M-1.27B-461.62M38.48M460.94M112.11M-284.48M-357.42M-132.46M-191.07M-334.50M-295.74M-1.31B-425.66M
Financing Cash Flow-12.80M-1.80M-9.50M20.60M109.10M-18.34M49.79M67.68M28.71M-20.93M67.17M127.53M35.53M-21.24M-278.02M-548.76M78.02M-402.08M246.46M158.30M-71.32M-108.41M-13.46M-165.25M952.94M318.24M-188.14M-538.54M-169.34M-147.60M69.16M-230.09M-194.38M-35.69M-71.72M906.47M21.76M
Capital Expenditure21.80M6.90M1.40M6.00M31.40M53.57M87.23M162.15M80.63M194.25M337.96M215.96M140.35M87.99M109.76M174.51M256.43M460.91M283.97M159.13M53.87M33.76M181.91M168.32M1.35B466.27M184.99M109.05M333.36M231.95M419.97M619.60M787.81M342.24M279.52M252.73M267.23M
Free Cash Flow-9.80M2.50M9.40M5.40M-16.30M-17.97M-49.51M-105.05M-22.68M-104.72M-246.13M-112.37M-46.33M14.76M-8.85M71.44M-199.35M-234.63M-275.59M-118.56M-10.71M45.94M-126.33M95.32M137.34M142.40M-33.33M2.23M-121.71M-2.92M303.18M351.09M389.48M22.93M88.84M147.50M135.04M
Dividends Paid22.70M10.40M10.40M11.50M17.20M25.06M27.69M31.91M37.61M47.06M53.89M60.31M68.59M73.34M174.63M456.03M91.77M21.20M2.64M92.71M42.89M25.08M31.56M31.66M37.20M64.51M69.20M243.30M99.15M107.17M142.94M176.26M182.84M192.28M194.35M195.41M215.80M
FCF to OCF-81.67%26.60%87.04%47.37%-107.95%-50.46%-131.27%-183.96%-39.13%-116.95%-268.04%-108.48%-49.27%14.36%-8.77%29.05%-349.27%-103.69%-3291.85%-292.26%-24.81%57.64%-227.29%100.00%100.00%100.00%-21.97%2.00%-57.50%-1.27%100.00%100.00%100.00%6.28%24.12%36.85%33.57%
Dividend Paid to FCF-231.63%416.00%110.64%212.96%-105.52%-139.51%-55.93%-30.38%-165.85%-44.94%-21.89%-53.67%-148.07%497.02%-1972.30%638.37%-46.03%-9.04%-0.96%-78.19%-400.49%54.61%-24.98%33.21%27.09%45.30%-207.63%10905.56%-81.47%-3671.36%47.15%50.20%46.94%838.71%218.75%132.48%159.80%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999May 2, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Nov 13, 2001Feb 6, 2002May 2, 2002Aug 6, 2002Oct 29, 2002Feb 12, 2003May 5, 2003Aug 5, 2003Oct 28, 2003Jan 27, 2004Apr 27, 2004Aug 2, 2004Nov 1, 2004Jan 31, 2005May 2, 2005Aug 3, 2005Oct 31, 2005Feb 6, 2006May 3, 2006Aug 7, 2006Nov 6, 2006Feb 5, 2007May 7, 2007Aug 9, 2007Nov 5, 2007Feb 11, 2008May 12, 2008Aug 11, 2008Nov 5, 2008Feb 9, 2009May 5, 2009Aug 10, 2009Nov 4, 2009Feb 8, 2010May 10, 2010Aug 9, 2010Nov 8, 2010Feb 7, 2011May 4, 2011Aug 3, 2011Nov 2, 2011Feb 21, 2012May 9, 2012Jul 31, 2012Oct 30, 2012Feb 13, 2013May 8, 2013Jul 29, 2013Oct 30, 2013Feb 13, 2014May 7, 2014Jul 30, 2014Oct 29, 2014Feb 12, 2015May 6, 2015Jul 28, 2015Oct 27, 2015Feb 10, 2016May 4, 2016Jul 26, 2016Nov 1, 2016Feb 8, 2017Apr 27, 2017Jul 27, 2017Oct 25, 2017Feb 7, 2018Apr 25, 2018Jul 25, 2018Oct 24, 2018Feb 6, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Feb 5, 2020Apr 30, 2020Jul 30, 2020Oct 28, 2020Feb 11, 2021Apr 29, 2021Jul 29, 2021Oct 28, 2021Feb 3, 2022Apr 28, 2022Jul 28, 2022Oct 27, 2022Feb 9, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Feb 7, 2024Apr 25, 2024Jul 25, 2024Oct 24, 2024Feb 6, 2025May 1, 2025Jul 31, 2025Oct 30, 2025Feb 5, 2026Apr 29, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate--------1.68-------------------1.050.470.43-0.380.420.51--0.840.08-0.060.040.12-0.040.04-0.270.62-3.66-0.19-0.08-0.12-0.22-0.08-0.18-0.16-0.16-0.21-0.16-0.12-0.08-0.17-0.06-0.12-0.420.20---0.040.100.040.020.140.160.230.220.200.120.100.080.090.070.140.110.100.190.260.260.090.140.150.130.160.190.190.200.180.190.200.230.230.120.140.160.120.120.120.090.070.110.070.080.100.060.060.740.73
EPS Actual0.960.980.900.961.235.181.051.042.441.051.091.132.501.001.061.080.741.000.961.162.2611.66-3.460.690.863.6317.659.220.430.510.620.970.610.198.942.741.080.040.59-0.380.150.230.53-0.31-0.51-6.14-3.74-0.16-0.05-0.38-0.32-0.08-0.32-0.20-0.12-4.96-0.510.200.031.162.04-0.201.440.040.03-0.010.360.440.150.150.301.080.440.200.240.400.041.600.120.280.160.200.200.200.32-0.200.140.901.180.160.190.080.200.190.361.120.190.230.530.160.150.150.130.120.090.050.070.090.120.090.050.060.070.75-
Surprise--------45.24%--------------------59.05%8.51%44.19%-60.53%-54.76%1652.94%---95.24%637.50%-533.33%275.00%91.67%1425.00%-875.00%-88.89%-1090.32%-2.19%15.79%37.50%-216.67%-45.45%0.00%-77.78%-25.00%25.00%-2261.90%-218.75%266.67%137.50%782.35%3500.00%-66.67%442.86%-80.00%--1000.00%340.00%275.00%650.00%114.29%575.00%91.30%-9.09%20.00%233.33%-60.00%1900.00%33.33%300.00%14.29%81.82%100.00%5.26%23.08%-176.92%55.56%542.86%686.67%23.08%18.75%-57.89%5.26%-5.00%100.00%489.47%-5.00%0.00%130.43%33.33%7.14%-6.25%8.33%0.00%-25.00%-44.44%0.00%-18.18%71.43%12.50%-50.00%0.00%16.67%1.35%-
Timing--------After-hours-----------------------After-hoursAfter-hours---After-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap4.69B
Enterprise Value8.43B
Trailing P/E712.25
Forward P/E10.12
PEG Ratio1.31
Price / Sales4.57
Price / Book1.04
EPS0.04
Book Value27.24
Revenue (TTM)1.03B
Gross Profit (TTM)695.04M
EBITDA649.62M
Profit Margin0.63%
Operating Margin24.23%
Return on Equity0.15%
Return on Assets1.57%
Shares Outstanding164.60M
Shares Float162.05M
Beta1.16
Dividend Yield4.53%
Dividend Rate1.28
Payout Ratio137.63%

Analyst Ratings

Buy
Based on 12 analystsTarget 33.55
  • Strong Buy
    7
  • Buy
    2
  • Hold
    3

Ownership Breakdown

Institutions
112.21%
Insiders
0.99%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    23.78M14.45%
  • Vanguard Portfolio Management, LLC
    16.48M10.01%
  • Principal Financial Group Inc
    12.75M7.74%
  • State Street Corp
    8.23M5.00%
  • Vanguard Capital Management, LLC
    7.51M4.57%
  • Apg Investments Us Inc
    7.32M4.45%
  • CenterSquare Investment Management LLC
    4.32M2.62%
  • Massachusetts Financial Services Company
    4.30M2.61%
  • JPMorgan Chase & Co
    4.19M2.54%
  • Millennium Management LLC
    3.74M2.27%
  • Geode Capital Management, LLC
    3.47M2.11%
  • Amvescap Plc.
    3.37M2.05%
  • Alyeska Investment Group, L.P.
    3.11M1.89%
  • Charles Schwab Investment Management Inc
    3.02M1.84%
  • Jennison Associates LLC
    3.00M1.82%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    6.19M3.76%
  • iShares Core S&P Mid-Cap ETF
    5.76M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    5.24M3.18%
  • Principal Real Estate Securities R5
    3.84M2.34%
  • Vanguard Small Cap Index
    3.79M2.30%

Dividends

20263×
0.32Jul 6, 20260.32Apr 7, 20260.32Jan 5, 2026
20254×
0.32Oct 3, 20250.32Jul 7, 20250.32Apr 3, 20250.32Jan 3, 2025
20244×
0.32Oct 3, 20240.32Jul 3, 20240.32Apr 3, 20240.32Jan 3, 2024
20234×
0.32Oct 3, 20230.32Jul 5, 20230.32Apr 4, 20230.32Jan 3, 2023
20224×
0.32Oct 4, 20220.32Jul 5, 20220.32Apr 4, 20220.31Jan 4, 2022
20213×
0.31Oct 4, 20210.31Jul 2, 20210.31Apr 5, 2021
20202×
0.30Dec 31, 20200.30Oct 2, 2020

Stock Splits

  • Jun 17, 20191:4
  • Oct 7, 20161417:1000
  • Oct 3, 20003:2
  • May 29, 19873:2
  • May 28, 19863:2
  • Jun 19, 19845:4
  • Jun 21, 19835:4
  • Mar 30, 19815:4
  • May 27, 19805:4