Cousins Properties 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 in place based on a simple platform, trophy assets and opportunistic investments.
Sunbelt Office Leade | Cousins Properties, a $5.2B market cap REIT, focuses on Class A office towers in high-growth Sunbelt markets, positioning itself for regional economic trends |
Financial Resilience | Q2 2024 saw FFOps of $0.68 per share, beating estimates. Revenue projections show stability, with EBITDA expected to rise from $524M to $558M by 2025 |
Occupancy Challenges | Despite strong leasing, occupancy faces headwinds due to lease expirations. Projections show gradual improvement from 88.5% in 2025 to 89.8% in 2026 |
Strategic Acquisitions | Cautious development approach, with notable $521.8M Sail Tower acquisition. Analysts' price targets range from $25 to $32, reflecting varied market perspectives |
Metrics to compare | CUZ | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipCUZPeersSector | |
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P/E Ratio | 75.7x | −2.1x | 9.1x | |
PEG Ratio | −16.47 | −0.50 | 0.01 | |
Price/Book | 1.0x | 0.9x | 0.9x | |
Price / LTM Sales | 5.0x | 1.3x | 3.9x | |
Upside (Analyst Target) | 22.4% | 31.6% | 12.6% | |
Fair Value Upside | Unlock | 12.6% | 0.1% | Unlock |