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 | |
|---|---|---|---|---|
P/E Ratio | 804.4x | −24.2x | 8.7x | |
PEG Ratio | −8.97 | −2.51 | 0.01 | |
Price/Book | 1.2x | 1.3x | 0.9x | |
Price / LTM Sales | 5.0x | 1.4x | 3.9x | |
Upside (Analyst Target) | 8.3% | 16.1% | 18.1% | |
Fair Value Upside | Unlock | −4.6% | 2.2% | Unlock |
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. Cousins create shareholder value through 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.