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 | 747.6x | 0.0x | 8.5x | |
PEG Ratio | −8.48 | 0.00 | 0.01 | |
Price/Book | 1.1x | 0.0x | 0.9x | |
Price / LTM Sales | 4.7x | 0.0x | 4.0x | |
Upside (Analyst Target) | 14.5% | 0.0% | 18.4% | |
Fair Value Upside | Unlock | 0.0% | 2.4% | 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. 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.