Profile
Sector:
Real EstateIndustry:
OfficeCountry:
United StatesIPO:
17 March 1980Website:
http://www.cousins.comNext earnings report:
26 July 2024Last dividends:
03 July 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 18:32:17 GMTAnalysts recommendations
Institutional Ownership
CUZ Latest News
ATLANTA , June 27, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that it will release its second quarter 2024 earnings after the market closes on Thursday, July 25, 2024 . Cousins will hold its second quarter 2024 earnings conference call on Friday, July 26, 2024 at 10:00 a.m.
Focus on Sun Belt markets, improving demand for premium office properties, and a healthy balance sheet are likely to support Cousins Properties (CUZ) despite high supply and elevated interest rates.
ATLANTA , June 18, 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 second quarter of 2024. The second quarter dividend will be payable on July 15, 2024 to common shareholders of record on July 3, 2024.
Healthy demand for premier office spaces, capital-recycling efforts and a robust balance sheet are likely to continue aiding Cousins Properties (CUZ).
Cousins Properties (CUZ) is expected to benefit from its focus on the Sun Belt region, growing demand for high-quality office buildings, and strong financial position. However, potential challenges include a competitive market and rising interest rates.
Cousins Properties has been my top choice among office REITs as the sector has encountered challenges. The recently released Q1, 2024 results from CUZ support my positive outlook. I discuss the important details of the earnings report and reaffirm my belief in CUZ as a strong investment opportunity.
Cousins Properties (CUZ) exceeds expectations with its Q1 FFO per share and shows year-over-year improvement in its top line.
While the revenue and EPS of Cousins Properties (CUZ) provide insight into its performance in the quarter ending March 2024, it may be beneficial to also evaluate how certain key metrics stack up against Wall Street forecasts and figures from the previous year.
Cousins Properties (CUZ) has been upgraded to a Zacks Rank #2 (Buy), indicating increased confidence in the company's earnings potential. This could result in a potential rise in the stock price in the short run.
Investors should closely monitor Cousins Properties (CUZ) stock due to recent activity in the options market.
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What type of business is Cousins Properties Incorporated?
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 towers 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.
What sector is Cousins Properties Incorporated in?
Cousins Properties Incorporated is in the Real Estate sector
What industry is Cousins Properties Incorporated in?
Cousins Properties Incorporated is in the Office industry
What country is Cousins Properties Incorporated from?
Cousins Properties Incorporated is headquartered in United States
When did Cousins Properties Incorporated go public?
Cousins Properties Incorporated initial public offering (IPO) was on 17 March 1980
What is Cousins Properties Incorporated website?
https://www.cousins.com
Is Cousins Properties Incorporated in the S&P 500?
No, Cousins Properties Incorporated is not included in the S&P 500 index
Is Cousins Properties Incorporated in the NASDAQ 100?
No, Cousins Properties Incorporated is not included in the NASDAQ 100 index
Is Cousins Properties Incorporated in the Dow Jones?
No, Cousins Properties Incorporated is not included in the Dow Jones index
When does Cousins Properties Incorporated report earnings?
The next expected earnings date for Cousins Properties Incorporated is 26 July 2024