Cousins Properties Incorporated (CUZ) Stock

Cousins Properties focuses on high-quality Class A office properties in the Sun Belt, attracting top-tier tenants and commanding premium rents. The Sun Belt's strong demographics and corporate migration trends support CUZ's growth and leasing momentum. CUZ's low leverage, active development pipeline, and recent capital raise position it well to capitalize on emerging opportunities.

Office REITs, particularly Sunbelt-focused ones like Cousins Properties, have rebounded strongly, outperforming the S&P 500 with a 33.09% YTD return. Cousins Properties boasts a high-quality portfolio in the Sunbelt, with strong occupancy rates, premium rents, and a focus on desirable Lifestyle Office Assets. Despite positive growth metrics and a very stable dividend, CUZ faces huge debt maturities in 2025 and poorly explained joint venture losses.

A high-quality office portfolio, an impressive tenant roster, opportunistic investments and a strong balance sheet bode well for CUZ's performance.

CUZ's acquisition of Vantage South End in Charlotte is likely to help boost its footprint and secure stable, long-term income in a high-demand Sun Belt market.

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.

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.

Cousins Properties Incorporated (NYSE:CUZ ) Q3 2024 Earnings Call October 25, 2024 10:00 AM ET Company Participants Pamela Roper - General Counsel Colin Connolly - President and Chief Executive Officer Richard Hickson - Executive Vice President, Operations Kennedy Hicks - Executive Vice President and Chief Investment Officer Gregg Adzema - Chief Financial Officer Conference Call Participants Jeff Spector - Bank of America Blaine Heck - Wells Fargo Anthony Paolone - JPMorgan John Kim - BMO Capital Markets Nick Thillman - Baird Upal Rana - KeyBanc Peter Abramowitz - Jefferies Dylan Burzinski - Green Street Brendan Lynch - Barclays Operator Good morning, ladies and gentlemen, and welcome to the Cousins Properties Third Quarter Conference Call. [Operator Instructions] The call is being recorded on Friday, October 25, 2024.

CUZ's Q3 FFO matches estimates. Results reflect strong leasing activity and higher rents amid rising demand for office spaces.

The headline numbers for Cousins Properties (CUZ) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.