Cousins Properties (CUZ) AI Stock Analysis

• Market Cap: $4.32B
• Dividend Yield: 4.89%
• Average Volume (3M): 1.38M
• Price to Earnings (P/E): 74.2
• Beta (1Y): 0.76
• Revenue Growth: 16.38%
• EPS Growth: 3.60%
• Country: US
• Employees: 306
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Office
• EPS (TTM): 0.05
• Shares Outstanding: 167,965,500
• 10 Day Avg. Volume: 1,748,941
• 30 Day Avg. Volume: 1,378,409
• PEG Ratio: -2.25
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 5.49
• P/FCF Ratio: 31.87
• Enterprise Value/Market Cap: 1.94
• Enterprise Value/Revenue: 8.69
• Enterprise Value/Gross Profit: 15.12
• Enterprise Value/Ebitda: 14.92
• 1Y Price Target: $33.00
• Price Target Upside: 26.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 0.37
• Revenue Forecast (FY): $967.06M

• Rating: 63 Neutral
• Price Target: $28.00 ▲(7.03% Upside)

Cousins Properties has a strong earnings call performance, highlighting strategic growth and leasing activities, which positively impacts the score. However, financial performance is hindered by cash flow challenges, and technical indicators suggest bearish momentum. The high P/E ratio indicates potential overvaluation, balanced somewhat by a strong dividend yield.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a positive trajectory and expanding market presence, essential for sustaining long-term business operations.

Strategic Acquisitions

Strategic acquisitions in high-growth markets enhance competitive positioning and align with lifestyle office strategy, supporting future expansion.

Leasing Activity

Robust leasing activity reflects strong demand for office spaces, contributing to stable cash flows and occupancy targets, bolstering long-term growth.

Negative Factors

Cash Flow Challenges

Negative free cash flow growth indicates potential cash management issues, affecting liquidity and limiting investment capacity for future projects.

Occupancy Impact

The loss of a major tenant impacts occupancy rates and revenue, necessitating efforts to backfill space to maintain income stability.

Leasing Challenges at Neuhoff

Slow leasing progress at key projects like Neuhoff may delay revenue realization and impact overall portfolio performance, requiring strategic focus.

Cousins Properties Business Overview & Revenue Model

Company Description

Cousins Properties (CUZ) is a real estate investment trust (REIT) based in the United States that focuses primarily on the acquisition, development, and management of office properties in high-growth markets. The company operates mainly in the Sun Belt region, including major cities such as Atlanta, Austin, and Charlotte. Cousins Properties is dedicated to creating high-quality, sustainable office environments that cater to the needs of modern businesses, leveraging its expertise in property development and management.

How the Company Makes Money

Cousins Properties generates revenue primarily through leasing its commercial office spaces to tenants. The company earns rental income from long-term leases with various businesses, which are typically structured to include base rent along with additional costs such as property operating expenses and taxes. Additionally, Cousins Properties may engage in property sales or repositioning, generating capital gains. The company also benefits from strategic partnerships with developers and investors, allowing it to expand its portfolio and enhance its revenue-generating capabilities. Market demand for office spaces in targeted regions and the company’s focus on sustainable and innovative building practices further contribute to its revenue growth.

Cousins Properties Financial Statement Overview

Summary

Cousins Properties demonstrates solid revenue growth and operational efficiency with strong EBIT and EBITDA margins. The balance sheet reflects moderate leverage and a stable equity position. However, cash flow management poses a risk, with negative free cash flow growth and conversion issues.

Income Statement

Cousins Properties shows strong revenue growth with a 4.23% increase in TTM, indicating a positive trajectory. The gross profit margin remains healthy at 57.50%, although it has decreased from previous years. The net profit margin is modest at 5.98%, reflecting stable profitability. EBIT and EBITDA margins are robust, suggesting efficient operations.

Balance Sheet

The company's debt-to-equity ratio is 0.70, indicating moderate leverage, which is typical for the REIT industry. Return on equity is low at 1.20%, suggesting limited profitability relative to equity. The equity ratio of 53.45% shows a solid capital structure with a good proportion of equity financing.

Cash Flow

Operating cash flow is strong, covering net income 1.39 times, indicating good cash generation. However, free cash flow is negative, and its growth rate is concerning at -109.57%, highlighting potential cash management issues. The free cash flow to net income ratio is negative, suggesting challenges in converting income into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	964.11M	856.76M	802.87M	762.29M	755.07M	740.34M
Gross Profit	554.41M	576.10M	536.44M	503.92M	495.61M	489.49M
EBITDA	561.80M	536.80M	504.18M	479.14M	468.49M	466.73M
Net Income	57.61M	45.96M	82.96M	279.65M	209.37M	172.40M
Balance Sheet
Total Assets	8.90B	8.80B	7.63B	7.54B	7.31B	7.11B
Cash, Cash Equivalents and Short-Term Investments	4.67M	7.35M	6.05M	5.14M	8.94M	4.29M
Total Debt	3.48B	3.15B	2.51B	2.39B	2.29B	2.22B
Total Liabilities	4.14B	3.93B	3.09B	2.89B	2.71B	2.61B
Stockholders Equity	4.76B	4.85B	4.52B	4.63B	4.57B	4.47B
Cash Flow
Free Cash Flow	-16.35M	147.50M	368.36M	22.93M	-398.33M	-268.68M
Operating Cash Flow	416.84M	400.23M	368.36M	365.17M	389.48M	351.09M
Investing Cash Flow	-1.39B	-1.31B	-295.74M	-334.50M	-191.07M	-132.46M
Financing Cash Flow	898.73M	906.47M	-71.72M	-35.69M	-194.38M	-230.09M

Cousins Properties Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 26.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CUZ, the sentiment is Negative. The current price of 26.16 is below the 20-day moving average (MA) of 26.23, below the 50-day MA of 27.58, and below the 200-day MA of 27.93, indicating a bearish trend. The MACD of -0.49 indicates Negative momentum. The RSI at 44.43 is Neutral, neither overbought nor oversold. The STOCH value of 50.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CUZ.

Cousins Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KRC	72 Outperform	$5.08B	15.67	5.94%	5.06%	0.77%	62.58%
CDP	70 Outperform	$6.50B	21.83	10.01%	4.19%	0.06%	8.88%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
HIW	65 Neutral	$3.16B	24.94	5.37%	6.75%	-2.10%	-13.30%
CUZ	63 Neutral	$4.32B	74.19	1.26%	4.89%	16.38%	3.60%
DEI	54 Neutral	$2.15B	59.33	1.04%	6.35%	-0.12%	―
SLG	51 Neutral	$3.86B	―	0.61%	6.13%	8.60%	―

Cousins Properties Corporate Events

Cousins Properties Inc. Earnings Call Highlights Strategic Growth

Cousins Properties Inc. recently held an earnings call that conveyed a strong sense of optimism and strategic foresight. The company reported robust financial performance and strategic growth initiatives, effectively counterbalancing the impact of the Bank of America lease expiration. Positive market trends and a promising leasing pipeline suggest potential for future growth, although certain projects like Neuhoff require ongoing attention.

Cousins Properties Highlights Growth at BofA Conference

On September 8, 2025, Cousins Properties provided an investor presentation at the BofA Securities Global Real Estate Conference. The presentation highlighted the company’s strategic positioning in the Sun Belt, emphasizing its focus on high-quality, amenity-rich office spaces that command premium rents and enjoy high occupancy rates. Cousins Properties is benefiting from trends such as the migration to the Sun Belt, increased in-office requirements, and a shrinking supply of new office spaces. These factors position the company for continued growth and success in the office sector.

The most recent analyst rating on (CUZ) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Cousins Properties stock, see the CUZ Stock Forecast page.