Cousins Props Q1 2024 FFO $0.65 Beats $0.64 Estimate, Sales $209.241M Beat $199.473M Estimate

4/25/24 4:20:56 PM ET

Real Estate Investment Trusts

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Cousins Props (NYSE:CUZ) reported quarterly FFO of $0.65 per share which beat the analyst consensus estimate of $0.64 by 1.56 percent. The company reported quarterly sales of $209.241 million which beat the analyst consensus estimate of $199.473 million by 4.90 percent. This is a 3.21 percent increase over sales of $202.728 million the same period last year.

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Recent Analyst Ratings for
$CUZ

Date	Price Target	Rating	Analyst
8/20/2024	$29.00 → $29.00	Outperform → In-line	Evercore ISI
12/18/2023	$26.00 → $27.00	Neutral → Overweight	JP Morgan
9/15/2023	$27.00 → $28.00	Hold → Buy	Truist
9/12/2023	$19.00	Underweight	KeyBanc Capital Markets
4/20/2023	$21.00	Hold	Jefferies
1/4/2023	$29.00 → $22.00	Neutral → Underperform	Mizuho
12/13/2022	$29.00	Outperform	BMO Capital Markets
10/3/2022	$29.00	Outperform	Evercore ISI

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$CUZ
Press Releases

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Cousins Properties Prices Public Offering of 6,000,000 Shares of Common Stock
ATLANTA, Nov. 8, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE:CUZ) today announced that it has priced an underwritten public offering of 6,000,000 shares of its common stock. 6,000,000 shares are being offered by the Company for expected gross proceeds of approximately $188 million before underwriting discounts and estimated offering expenses payable by the Company. Subject to customary conditions, the offering is expected to close on November 12, 2024. BofA Securities served as the sole book-running manager for the offering. This offering will be made pursuant to a prospectus supplement to the Company's prospectus dated May 8, 2024, filed as part of the Comp
11/8/24 8:00:00 AM ET
$CUZ
Real Estate Investment Trusts
Real Estate
Cousins Properties Announces Public Offering of 6,000,000 Shares of Common Stock
ATLANTA, Nov. 7, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE:CUZ) today announced that it has commenced an underwritten public offering of 6,000,000 shares of its common stock. The Company intends to use the net proceeds of the offering to fund a portion of the purchase price of an office property in Charlotte, North Carolina. If this acquisition is not consummated, the net proceeds will be used for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt. BofA Securities will serve as the sole book-running manager for the offering. This offering will be made pursuant
11/7/24 4:38:00 PM ET
$CUZ
Real Estate Investment Trusts
Real Estate
Cousins Properties to Acquire Lifestyle Office Property in South End Charlotte
ATLANTA, Nov. 7, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that it is under contract to acquire Vantage South End, a 639,000 square foot lifestyle office property in Charlotte, for $328.5 million. The transaction is expected to close in December, subject to customary closing conditions. Vantage South End is located in the heart of the dynamic South End submarket and is approximately two blocks away from Cousins' existing RailYard property as well as its South End Station development parcel. The property is comprised of two office towers, which were completed in 2021 and 2022, and is currently 97% leased with a weighted average lease term of over nine years. "We
11/7/24 8:15:00 AM ET
$CUZ
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$CUZ
Financials

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Cousins Properties Releases Third Quarter 2024 Results
ATLANTA, Oct. 24, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) has released its third quarter 2024 results. Please visit the Investor Relations section of Cousins' website at www.cousins.com to access the Earnings Release and Supplemental Information. Cousins will hold a conference call at 10:00 a.m. (Eastern Time) on Friday, October 25, 2024 to discuss its results. The phone number for the conference call is (800) 836-8184. A replay of the conference call will be available for seven days at (888) 660-6345, passcode 26432#. A webcast of the conference call can be accessed on Cousins' website through the "Cousins Properties Third Quarter Conference Call" link in the Investor Relations
10/24/24 4:15:00 PM ET
$CUZ
Real Estate Investment Trusts
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Cousins Properties Announces Dates for Third Quarter 2024 Earnings Release and Conference Call
ATLANTA, Oct. 2, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that it will release its third quarter 2024 earnings after the market closes on Thursday, October 24, 2024. Cousins will hold its third quarter 2024 earnings conference call on Friday, October 25, 2024 at 10:00 a.m. (Eastern Time). The number for this call is (800) 836-8184. The live webcast of this call can be accessed on the Company's website, www.cousins.com, through the "Cousins Properties Third Quarter Conference Call" link on the Investor Relations page. A playback will be available shortly after the call on Friday, October 25, 2024 and run through Friday, November 1, 2024. The number for the playback
10/2/24 4:15:00 PM ET
$CUZ
Real Estate Investment Trusts
Real Estate
Cousins Properties Announces Its Third Quarter 2024 Common Stock Dividend
ATLANTA, Sept. 17, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that its Board of Directors has declared a cash dividend of $0.32 per common share for the third quarter of 2024. The third quarter dividend will be payable on October 15, 2024 to common shareholders of record on October 3, 2024. About Cousins Properties 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
9/17/24 4:15:00 PM ET
$CUZ
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Real Estate

Cousins Props Q1 2024 FFO $0.65 Beats $0.64 Estimate, Sales $209.241M Beat $199.473M Estimate

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Recent Analyst Ratings for
$CUZ

$CUZ
SEC Filings

Cousins Properties Incorporated filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

Cousins Properties Incorporated filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

SEC Form 424B5 filed by Cousins Properties Incorporated

$CUZ
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Cousins Prop downgraded by Evercore ISI

Cousins Prop upgraded by JP Morgan with a new price target

Cousins Prop upgraded by Truist with a new price target

$CUZ
Press Releases

Fastest customizable press release news feed in the world

Cousins Properties Prices Public Offering of 6,000,000 Shares of Common Stock

Cousins Properties Announces Public Offering of 6,000,000 Shares of Common Stock

Cousins Properties to Acquire Lifestyle Office Property in South End Charlotte

$CUZ
Financials

Live finance-specific insights

Cousins Properties Releases Third Quarter 2024 Results

Cousins Properties Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

Cousins Properties Announces Its Third Quarter 2024 Common Stock Dividend

$CUZ
Market Insights

Live Market Insights

Cousins Props Q1 2024 FFO $0.65 Beats $0.64 Estimate, Sales $209.241M Beat $199.473M Estimate

Barclays Maintains Overweight on Cousins Props, Lowers Price Target to $25

Cousins Props Q4 2023 FFO $0.65 Beats $0.64 Estimate, Sales $196.98M Miss $198.61M Estimate

$CUZ
Large Ownership Changes

This live feed shows all institutional transactions in real time.

$CUZ
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form SC 13G/A filed by Cousins Properties Incorporated (Amendment)

SEC Form SC 13G/A filed by Cousins Properties Incorporated (Amendment)

SEC Form SC 13G/A filed by Cousins Properties Incorporated (Amendment)

EVP, General Counsel Roper Pamela F sold $205,279 worth of shares (7,047 units at $29.13), decreasing direct ownership by 13% to 49,322 units (SEC Form 4)

SVP, Chief Accounting Officer Symes Jeffrey D sold $168,696 worth of shares (5,997 units at $28.13), decreasing direct ownership by 32% to 12,529 units (SEC Form 4)

Nelson Dionne was granted 5,836 shares, increasing direct ownership by 46% to 18,460 units (SEC Form 4)

$CUZ
Leadership Updates

Live Leadership Updates

Preferred Apartment Communities, Inc. Announces Retirement of Executive Chairman of the Board Daniel M. DuPree

Cousins Props Q1 2024 FFO $0.65 Beats $0.64 Estimate, Sales $209.241M Beat $199.473M Estimate

Chat with this insight

Recent Analyst Ratings for $CUZ

$CUZ SEC Filings

Cousins Properties Incorporated filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

Cousins Properties Incorporated filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

SEC Form 424B5 filed by Cousins Properties Incorporated

$CUZ Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Cousins Prop downgraded by Evercore ISI

Cousins Prop upgraded by JP Morgan with a new price target

Cousins Prop upgraded by Truist with a new price target

$CUZ Press Releases

Fastest customizable press release news feed in the world

Cousins Properties Prices Public Offering of 6,000,000 Shares of Common Stock

Cousins Properties Announces Public Offering of 6,000,000 Shares of Common Stock

Cousins Properties to Acquire Lifestyle Office Property in South End Charlotte

$CUZ Financials

Live finance-specific insights

Cousins Properties Releases Third Quarter 2024 Results

Cousins Properties Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

Cousins Properties Announces Its Third Quarter 2024 Common Stock Dividend

$CUZ Market Insights

Live Market Insights

Cousins Props Q1 2024 FFO $0.65 Beats $0.64 Estimate, Sales $209.241M Beat $199.473M Estimate

Barclays Maintains Overweight on Cousins Props, Lowers Price Target to $25

Cousins Props Q4 2023 FFO $0.65 Beats $0.64 Estimate, Sales $196.98M Miss $198.61M Estimate

$CUZ Large Ownership Changes

This live feed shows all institutional transactions in real time.

$CUZ Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form SC 13G/A filed by Cousins Properties Incorporated (Amendment)

SEC Form SC 13G/A filed by Cousins Properties Incorporated (Amendment)

SEC Form SC 13G/A filed by Cousins Properties Incorporated (Amendment)

EVP, General Counsel Roper Pamela F sold $205,279 worth of shares (7,047 units at $29.13), decreasing direct ownership by 13% to 49,322 units (SEC Form 4)

SVP, Chief Accounting Officer Symes Jeffrey D sold $168,696 worth of shares (5,997 units at $28.13), decreasing direct ownership by 32% to 12,529 units (SEC Form 4)

Nelson Dionne was granted 5,836 shares, increasing direct ownership by 46% to 18,460 units (SEC Form 4)

$CUZ Leadership Updates

Live Leadership Updates

Preferred Apartment Communities, Inc. Announces Retirement of Executive Chairman of the Board Daniel M. DuPree

Recent Analyst Ratings for
$CUZ

$CUZ
SEC Filings

$CUZ
Analyst Ratings

$CUZ
Press Releases

$CUZ
Financials

$CUZ
Market Insights

$CUZ
Large Ownership Changes

$CUZ
Insider Trading

$CUZ
Leadership Updates