Cousins Properties Incorporated (CUZ) AI Stock Analysis

Cousins Properties Incorporated operates as an independently managed real estate investment trust headquartered in Atlanta, GA. The company conducts business through Cousins Properties LP, targeting investments in premier Class A office towers throughout fast-growing Sun Belt markets. Founded in 1958, Cousins engages in development, acquisition, leasing, and property management with a focus on acquiring and developing trophy assets in dynamic urban locations. The REIT also pursues opportunistic investments to drive long-term returns and emphasizes sustainable, community-focused practices.

Revenue increased from $755.1M in FY2021 to $993.8M in FY2025, representing a 5-year revenue CAGR of 6.1%. Annual revenue growth reached 16.0% in FY2025, up from 6.7% in FY2024 and 5.3% in FY2023. However, net income fell from $278.6M in FY2021 to $166.8M in FY2022, $83.0M in FY2023, $46.0M in FY2024, and $40.5M in FY2025. Gross margin contracted sharply to 26.5% in FY2025 from 67.2% in FY2024, while operating margin was 22.4%. For the latest quarter ended June 30, 2026, quarterly revenue increased 11.6% year-over-year, and quarterly earnings grew 84.4%, supporting trailing twelve-month revenue of $1.03B.

As of June 30, 2026, Cousins Properties held $6.7M in cash and short-term investments alongside $3.73B in total debt, yielding net debt of $3.73B. Total assets stood at $9.04B, shareholders' equity was $4.49B, the current ratio was 1.73, and debt-to-equity was 0.83. Operating cash flow in FY2025 was $402.3M, generating free cash flow of $135.0M after $267.2M in capital expenditures. Capital returns in FY2025 included $215.8M in dividends paid and $1.9M spent on share buybacks.

CUZ trades at an enterprise value of $8.43B and a market cap of $4.55B, with a trailing P/E of 691.0x and a forward P/E of 10.1x. Its forward P/E is below the 23.5x median of its US-listed Real Estate peers, while its price-to-sales of 4.4x exceeds the peer median of 3.7x. The company's EV/EBITDA stands at 13.8x compared to the peer median of 14.7x. Over the past year, CUZ returned 9.5%, trailing the S&P 500 return of 16.8%, and its 5-year return of -12.1% underperformed the index's 83.0% gain.

Cousins Properties pays a quarterly dividend with an annualized forward payout of $1.28 per share, reflecting a 4.63% dividend yield. The company has paid dividends for 42 consecutive years, though its 5-year annualized dividend growth declined 3.0%. The dividend payout ratio stands elevated at 137.6%.

Wall Street analysts maintain 8 Strong Buy, 2 Buy, and 1 Hold ratings on CUZ, with no Sell or Strong Sell ratings. The mean price target of $33.64 implies 21.7% upside relative to the last close of $27.64. For the fiscal year ending December 31, 2026, analysts estimate EPS of $0.22, a projected decline of 10.2%, on $1.06B in revenue. CUZ beat EPS estimates in 2 of the last 4 quarters, with next earnings scheduled for October 29, 2026.

This page is an AI-written research summary of Cousins Properties Incorporated (CUZ). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: CUZ income statement, CUZ balance sheet, CUZ key metrics, CUZ analyst forecast, CUZ chart. See the CUZ stock overview for the latest quote and news.