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Cousins Properties Inc (CUZ) stock

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NYSE: CUZ NYSE Office REITs Next results ~February 4, 2027

B Fundamentals grade

Cousins Properties Inc is a US-listed company in the office REITs industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$41

Valuation models combined (2)

Base case. Range ~$23–$50. Weighted average of 2 models (funds-from-operations model, dividend discount (growing dividend)), the funds-from-operations model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Cousins Properties Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds197 adding, 177 cuttingOf 47 active managers that changed their stake, 24 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Cousins Properties files

10-Q filed October 29: Cousins Properties

Model value +6.0%

Cousins Properties posted revenue of $1.05bn for the twelve months to September 2026, an 8.5% rise on the year before. That pace has eased from the 11.9% growth recorded a quarter earlier, though it still ranks second of 18 among the office REITs we cover. Fundamentals have improved alongside this, with the grade moving up from C+ to B. Our model value has also risen, from $38.23 to $40.52 a share. Against that, the shares trade at $28.80, leaving a sizeable gap between market price and model estimate.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Cousins Properties stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.03bn, up 11.9% on a year earlier, about the same pace as a quarter earlier. That growth ranks 4 of 22 among the real estate investment trusts companies we cover. The diluted share count is up 3.2% on a year earlier, which dilutes existing holders. Our valuation models combined value is $38.28 a share, against a share price of $27.63.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 4, 2027 (estimated)

Cousins Properties Inc's trailing-twelve-month revenue grew 8.5% year on year, with a free-cash-flow margin of -0.1%. Where it stands out: operating margin of 68.3% ranks 1 of 8 office reits companies we cover. Where it lags: change in growth rate of -3.4pp ranks 17 of 18 office reits companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to 8.5% (-3.4pp vs the prior quarter), the 4th consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • High operating margin. 68.3% of revenue is left as operating profit, against a median of 37.8% for office reits companies we cover.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 15.0% over 90 days.

Things to watch

  • Burning cash. Free cash flow was -0.1% of revenue over the last 12 months.
  • High debt. Long-term debt exceeds cash by $3.6bn, more than 1.5 times annual revenue.
  • High earnings multiple. The shares trade at 335 times the last 12 months' earnings, so expectations are demanding.
  • Growth easing. The growth rate is 3.4 points lower than a quarter earlier.
  • Weak cash conversion. Free cash flow was -6% of net income over the last 12 months.
  • Below peers: change in growth rate. Change in growth rate of -3.4pp ranks 17 of 18 office reits companies we cover (median +0.1pp).

Latest results: FY2026 Q3

Filed October 29, 2026
Earnings per share
$0.11 against an average estimate of $0.10: beat by 5.6%
Revenue
$259m, up 4.5% on a year earlier
Share reaction
+3.6% in the first session after the results on October 29, 2026, against -2.1% for the S&P 500
Guidance given
net income per share $0.14 to $0.18 (year ending December 31, 2026); FFO per share $2.95 to $2.99 (year ending December 31, 2026)
Next report
October 29, 2026; average EPS estimate $0.10

Cousins Properties' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.8%
  • 1 week+2.1%
  • 1 month+7.6%
  • This year+21.4%
  • 1 year+20.6%
  • 5 years-4.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1B
Operating margin
68.3%
Net margin
1.4%
EPS (TTM, diluted)
$0.09

Growth

Revenue growth
+8.5%
Change in growth rate
−3.4 pts
Share count change
+0.3%

Earnings

Last results
October 29, 2026
Next results (est.)
February 4, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Guidance
  4. Dividend
  5. Announcement
  6. Announcement
  7. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Cousins Properties Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Cousins Properties Inc as an equity reit, with every model that fits that kind of business. Cost of equity 8.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.72 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Funds-from-operations model Funds from operations growing 2.5% a year, discounted at 8%. ~$50 ~$42–$61 Primary model, counts double
Price-to-FFO vs peers Funds from operations per share times peers' typical (harmonic-mean) price-to-FFO. ~$1.0 ~$22–$47 Left out: out of range vs price (0.03x)
Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. ~$23 ~$20–$29 Included
Combined value Weighted average of the models that apply: the primary model (funds-from-operations model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$41 ~$23–$50 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Cousins Properties Inc with equity REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

64 /100

Moderate moat

How hard Cousins Properties's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 1.5% of total assets over 10 years.

  • Pricing power 20 / 20

    Gross margin has been a median 66.2%, moving by 1.1 percentage points (standard deviation) across 9 years.

  • Durability 20 / 20

    Operating margin has been a median 66.9%; its worst year was 65.3%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 8 of 10 years, at a median 5.8% of revenue.

  • Discipline 13 / 20

    The diluted share count rose 12.0% over five years; stock-based pay has been a median 1.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.22 −10% $1.1bn +8%
Next $0.46 — $1.1bn +2%

Next year's EPS estimate has moved +15.0% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +131.6% on 90 days ago. In the last 30 days, 1 analyst raised Cousins Properties Inc's forecast and 0 cut it.

Consensus EPS forecast Cousins Properties Inc, last 90 days
$0.00 $0.20 $0.40 $0.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.09 Current fiscal year, 60 days ago: $0.14 Current fiscal year, 30 days ago: $0.18 Current fiscal year, 7 days ago: $0.18 Current fiscal year, Now: $0.22 $0.22 Next fiscal year, 90 days ago: $0.40 Next fiscal year, 60 days ago: $0.40 Next fiscal year, 30 days ago: $0.40 Next fiscal year, 7 days ago: $0.40 Next fiscal year, Now: $0.46 $0.46

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.09$0.40
60 days ago $0.14$0.40
30 days ago $0.18$0.40
7 days ago $0.18$0.40
Now $0.22$0.46

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.10 $0.11 +5.6%
Jun 2026 $0.08 $0.10 +28.5%
Mar 2026 $0.06 $0.07 +17.7%
Dec 2025 $0.06 $0.06 +8.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 29, 2026
  • Net income per share year ending December 31, 2026 $0.14 to $0.18 GAAP Raised
    “Net income between $0.14 and $0.18 per share, up from $0.08 and $0.14 per share.” source
  • FFO per share year ending December 31, 2026 $2.95 to $2.99 Non-GAAP Raised
    “FFO between $2.95 and $2.99 per share, up from $2.92 and $2.98 per share.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

11 analysts, Oct 2026
Buy1091%
Hold19%
Sell00%

Monthly trend

  1. Oct 202628111
  2. Sep 202628111
  3. Aug 202628111
  4. Jul 202628111

Counts of recommendations published by analysts covering Cousins Properties Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
11.3%
of tradable shares
Days to cover
8.95
at average volume
Short interest, 1 month
+13%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
1.0%
of shares
Employees
351
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +20.6%

$24.70 on October 31, 2025 to $29.80

ThenNowEffect
Revenue (last 12 months) $925m $1.0bn +11.9%
Net margin 6.5% 0.6% −90.5%
P/E multiple 66.5x n/m +1066.9%
Share count 162m 167m −3.1%

Biggest factor: p/e multiple.

Last 3 years +73.1%

$17.21 on November 3, 2023 to $29.80

ThenNowEffect
Revenue (last 12 months) $797m $1.0bn +29.9%
Net margin 18.8% 0.6% −96.7%
P/E multiple 17.5x n/m +4339.4%
Share count 152m 167m −9.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CUZ+23%−35%+2%+33%−12%+21%
Industry peers (median)+19%−39%+3%+10%−19%+3%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CUZ58%42%50%67%33%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CUZ−9%−46%−34%−11%−20%−21%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 54% from January 7, 2022 to October 25, 2023. Getting back needed a 119% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$20.58 – $31.93
From 52-week high
−6.7%
vs 50-day average
+5.7%
vs 200-day average
+12.6%
Volatility (1 year)
26%
Beta vs S&P 500
0.55

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±2.9%
After a week
7 up, 4 down
typical move ±4.5%
After a month
7 up, 4 down
typical move ±6.0%
Results releasedNext dayS&P 500 next day5 days21 days
October 29, 2026 +3.6% −2.1% — —
July 30, 2026 −2.3% +2.4% −7.6% −8.9%
April 29, 2026 0.0% +1.0% +4.6% +4.7%
February 5, 2026 −1.3% +0.6% −16.3% −11.3%
October 30, 2025 +2.1% −0.8% +1.3% +1.1%
July 31, 2025 −2.5% −2.0% −0.7% +8.4%
May 1, 2025 +2.5% +2.2% +1.0% +2.1%
February 6, 2025 +3.5% −0.6% +1.3% −6.3%
October 24, 2024 +0.9% +0.2% −2.0% +1.5%
July 25, 2024 +9.5% +0.6% +9.3% +12.3%
April 25, 2024 −1.1% +0.6% +2.0% −0.9%
February 7, 2024 +4.9% +0.9% +3.5% +8.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Cousins Properties Inc
$800M $900M $1B $1.1B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $802.9M Revenue (TTM), FY24 Q1: $809.4M Revenue (TTM), FY24 Q2: $818M Revenue (TTM), FY24 Q3: $828.4M Revenue (TTM), FY24 Q4: $856.8M Revenue (TTM), FY25 Q1: $897.8M Revenue (TTM), FY25 Q2: $925M Revenue (TTM), FY25 Q3: $964.1M Revenue (TTM), FY25 Q4: $993.8M Revenue (TTM), FY26 Q1: $1B Revenue (TTM), FY26 Q2: $1B Revenue (TTM), FY26 Q3: $1B $1B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $802.9M
FY24 Q1 $809.4M
FY24 Q2 $818M
FY24 Q3 $828.4M
FY24 Q4 $856.8M
FY25 Q1 $897.8M
FY25 Q2 $925M
FY25 Q3 $964.1M
FY25 Q4 $993.8M
FY26 Q1 $1B
FY26 Q2 $1B
FY26 Q3 $1B
Revenue growth, TTM YoY Cousins Properties Inc
0% 5% 10% 15% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 5.3% Revenue growth, TTM YoY, FY24 Q1: 4.0% Revenue growth, TTM YoY, FY24 Q2: 2.7% Revenue growth, TTM YoY, FY24 Q3: 3.5% Revenue growth, TTM YoY, FY24 Q4: 6.7% Revenue growth, TTM YoY, FY25 Q1: 10.9% Revenue growth, TTM YoY, FY25 Q2: 13.1% Revenue growth, TTM YoY, FY25 Q3: 16.4% Revenue growth, TTM YoY, FY25 Q4: 16.0% Revenue growth, TTM YoY, FY26 Q1: 12.1% Revenue growth, TTM YoY, FY26 Q2: 11.9% Revenue growth, TTM YoY, FY26 Q3: 8.5% 8.5%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 5.3%
FY24 Q1 4.0%
FY24 Q2 2.7%
FY24 Q3 3.5%
FY24 Q4 6.7%
FY25 Q1 10.9%
FY25 Q2 13.1%
FY25 Q3 16.4%
FY25 Q4 16.0%
FY26 Q1 12.1%
FY26 Q2 11.9%
FY26 Q3 8.5%
Operating margin (TTM) Cousins Properties Inc
66% 67% 68% 69% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 66.1% Operating margin (TTM), FY24 Q1: 66.7% Operating margin (TTM), FY24 Q2: 67.1% Operating margin (TTM), FY24 Q3: 67.1% Operating margin (TTM), FY24 Q4: 66.6% Operating margin (TTM), FY25 Q1: 66.5% Operating margin (TTM), FY25 Q2: 67.3% Operating margin (TTM), FY25 Q3: 67.4% Operating margin (TTM), FY25 Q4: 67.8% Operating margin (TTM), FY26 Q1: 68.4% Operating margin (TTM), FY26 Q2: 68.0% Operating margin (TTM), FY26 Q3: 68.3% 68.3%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 66.1%
FY24 Q1 66.7%
FY24 Q2 67.1%
FY24 Q3 67.1%
FY24 Q4 66.6%
FY25 Q1 66.5%
FY25 Q2 67.3%
FY25 Q3 67.4%
FY25 Q4 67.8%
FY26 Q1 68.4%
FY26 Q2 68.0%
FY26 Q3 68.3%
FCF margin (TTM) Cousins Properties Inc
-5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 6.7% FCF margin (TTM), FY24 Q1: 5.5% FCF margin (TTM), FY24 Q2: 2.5% FCF margin (TTM), FY24 Q3: 1.4% FCF margin (TTM), FY24 Q4: 4.1% FCF margin (TTM), FY25 Q1: 4.0% FCF margin (TTM), FY25 Q2: 3.0% FCF margin (TTM), FY25 Q3: 1.6% FCF margin (TTM), FY25 Q4: -1.3% FCF margin (TTM), FY26 Q1: -2.4% FCF margin (TTM), FY26 Q2: 0.6% FCF margin (TTM), FY26 Q3: -0.1% -0.1%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 6.7%
FY24 Q1 5.5%
FY24 Q2 2.5%
FY24 Q3 1.4%
FY24 Q4 4.1%
FY25 Q1 4.0%
FY25 Q2 3.0%
FY25 Q3 1.6%
FY25 Q4 -1.3%
FY26 Q1 -2.4%
FY26 Q2 0.6%
FY26 Q3 -0.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 203 154 118 137 211 178 204 259 466 475 658 740 755 762 803 857 994 1,046
Gross profit — — — — — — — 162 302 311 435 489 496 504 536 576 679 716
EBITDA — — — — 214 278 313 358 510 507 689 775 782 798 846 935 1,089 1,138
Operating income — — — — 138 216 241 260 313 326 432 486 494 502 531 570 673 715
Net income 27 −15 −128 46 122 52 126 79 216 79 150 237 279 167 83 46 41 15
Diluted EPS $0.62 −$0.76 −$1.36 $0.32 $0.76 $0.22 $0.58 $1.24 $2.08 $0.75 $1.17 $1.60 $1.87 $1.11 $0.55 $0.30 $0.24 $0.09
Growth (year on year)
Revenue — −24.1% −23.4% +15.8% +54.0% −15.7% +15.1% +26.8% +79.8% +1.9% +38.4% +12.6% +2.0% +1.0% +5.3% +6.7% +16.0% +8.5%
EBITDA — — — — — +29.7% +12.6% +14.5% +42.4% −0.5% +35.8% +12.4% +0.9% +2.0% +6.0% +10.6% +16.4% +8.3%
Operating income — — — — — +56.2% +11.9% +7.9% +20.3% +4.1% +32.4% +12.6% +1.6% +1.7% +5.8% +7.4% +18.1% +10.1%
Net income — −153.4% — — +166.3% −57.3% +141.4% −37.0% +173.4% −63.4% +90.0% +57.7% +17.4% −40.1% −50.3% −44.6% −11.9% −74.2%
Diluted EPS — −222.7% — — +137.5% −71.1% +163.6% +113.8% +67.7% −63.9% +56.0% +36.8% +16.9% −40.6% −50.5% −45.5% −20.0% −74.3%
Margins
Gross margin — — — — — — — 62.6% 64.8% 65.3% 66.2% 66.1% 65.6% 66.1% 66.8% 67.2% 68.4% 68.4%
EBITDA margin — — — — 101.7% 156.5% 153.1% 138.2% 109.4% 106.8% 104.8% 104.6% 103.5% 104.7% 105.4% 109.2% 109.5% 108.8%
Operating margin — — — — 65.5% 121.5% 118.0% 100.4% 67.2% 68.6% 65.7% 65.7% 65.4% 65.9% 66.1% 66.6% 67.8% 68.3%
Net margin 13.4% −9.4% −108.7% 33.4% 57.8% 29.3% 61.4% 30.5% 46.4% 16.7% 22.9% 32.0% 36.9% 21.9% 10.3% 5.4% 4.1% 1.4%
Free-cash-flow margin — — — — — — — — — — — — — 3.0% 11.1% 17.2% 13.6% —
Cash flow
Cash from operations 43 80 56 95 137 142 154 118 212 229 303 351 389 365 368 400 402 423
Capital spending — — — — — — — — — — — — — 342 280 253 267 —
Free cash flow — — — — — — — — — — — — — 23 89 148 135 —
Stock-based pay 4 2 2 2 −1 −1 0 — — 8 14 9 11 10 12 15 16 —
Free cash flow after stock pay — — — — — — — — — — — — — 13 77 133 119 —
Balance sheet
Cash 9 8 8 177 1 0 2 36 149 3 16 4 9 5 6 7 6 5
Total debt 0 510 539 425 630 792 721 1,381 1,099 1,067 2,223 2,163 2,240 2,342 2,462 3,110 3,357 3,602
Net debt (negative = net cash) −9 502 532 249 629 792 719 1,345 950 1,065 2,207 2,158 2,231 2,337 2,456 3,103 3,351 3,597
Diluted shares 23m 36m 37m 37m 51m 51m 54m 64m 106m 107m 130m 149m 149m 150m 152m 154m 169m 167m
Returned to shareholders
Dividends 23 12 19 19 27 62 69 51 99 107 143 176 183 192 194 195 216 214
Buybacks — — — — 0 0 48 14 0 0 — — — — — — — —
Total returned 23 12 19 19 27 62 117 64 99 107 143 176 183 192 194 195 216 214

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Dividends (TTM)
$214M
Diluted share count
+0.3%
year over year
Total shareholder yield
4.4%
dividends 4.4% + buybacks 0.0% of market value
Dividend payout ratio
1445%
of net income paid out

Competitors: side by side with peers

Closest by revenue in office reits
Last 12 months unless stated CUZ SLG DEI KRC HIW CDP Median
Revenue, last 12 months $1.0bn $1.0bn $1.0bn $1.1bn $852m $784m $784m
Revenue growth, last 12 months 8.5% 8.5% 0.8% −3.6% 5.4% 4.5% 2.0%
Revenue growth, 3-year average 9.3% 0.5% −0.2% −1.7% 0.5% 4.1% 0.5%
Revenue growth, latest quarter 4.5% 9.1% 1.6% −2.9% 8.1% 3.9% 3.0%
Gross margin 68.4% — 63.2% — — 77.5% 60.0%
Operating margin 68.3% 66.6% 19.2% — 67.2% 22.6% 22.3%
Operating margin, 3-year average 67.6% — 25.5% — 67.2% 17.9% 17.1%
Net margin 1.4% −16.9% −2.3% 2.6% 21.7% 20.9% −0.9%
Cash from operations / revenue 40.4% 8.9% 38.3% 45.5% 44.5% 43.0% 32.8%
Free-cash-flow margin −0.1% −17.1% 17.8% 31.1% 8.0% 40.6% 7.8%
Free-cash-flow margin, 3-year average 0.9% −10.0% 20.9% 37.2% 9.5% 39.3% 9.7%
Stock pay / revenue 1.7% 2.1% 2.1% 1.6% 1.1% 1.6% 1.7%
Change in share count 0.3% 6.6% 0.0% −0.8% 2.1% 0.9% 0.2%

Median of all 18 companies we cover in office reits. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

18 office reits companies
Measure Company Peer median Rank
Revenue growth Growth 8.5% 2.0% 2 of 18
Change in growth rate Growth -3.4pp +0.1pp 17 of 18
Operating margin Profitability 68.3% 37.8% 1 of 8
Net margin Profitability 1.4% 0.4% 6 of 18
Long-term debt as % of assets Balance sheet 40.3% 40.3% 6 of 11
Change in share count Balance sheet 0.3% 0.3% 10 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Rental Properties $981M ▲ 15.7%
Variable Rental Revenue $275M ▲ 13.8%
Tenant Reimbursements $197M ▲ 11.5%
Tenant Funded Improvements $34.6M ▲ 21.8%
Fee and Other Revenue $13.3M ▲ 47.8%
Other $11.2M ▲ 55.4%
Termination Fee $5.1M ▲ 49.4%
Fees $2M ▲ 16.1%

These categories overlap or exclude eliminations, so shares aren't shown.

From Cousins Properties Inc's 10-K filed February 5, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$5.2B
Institutions reporting
394
Shares held vs prior quarter
▼ 0.2%
Positions opened / closed
58 / 39

Top buyers and sellers, Q2 2026: 197 institutions bought and 177 sold ; the biggest buyer was Millennium Management LLC (+2.3M shares) and the biggest seller Citadel Advisors LLC (−3.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $701M 23.4M 13.5% ▼ 1.6%
Vanguard Portfolio Management LLC $485M 16.2M 9.4% ▼ 1.9%
Principal Financial Group Inc $382M 12.7M 7.4% ▲ 0.5%
State Street Corp $239M 8.0M 4.6% ▼ 3.1%
APG Asset Management Us Inc. $224M 7.3M 4.3% ▲ 0.2%
Vanguard Capital Management LLC $222M 7.4M 4.3% ▼ 1.4%
Massachusetts Financial Services Co $165M 5.3M 3.2% ▲ 22.9%
Centersquare Investment Management LLC $129M 4.3M 2.5% ▲ 11.9%
Millennium Management LLC $112M 3.7M 2.2% ▲ 154.6%
Geode Capital Management, LLC $103M 3.4M 2.0% ▼ 1.0%
Quantinno Capital Management LP $95.9M 3.2M 1.9% ▲ 21.0%
Invesco Ltd. $95.4M 3.2M 1.8% ▼ 5.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Cousins Properties Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $177,612 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $177,612 net selling
Insider Date Trade Shares Price Value
Symes Jeffrey D SVP, Chief Accounting Officer August 20, 2026 Sell 6,033 $29.44 $177,612

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

No trades in Cousins Properties Inc disclosed in the last 12 months; 2 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded July 16, 2025, filed August 13, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded July 10, 2025, filed August 13, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 4, 2027 estimated from the company's past filing pattern, not announced

  • October 29, 2026
  • July 30, 2026
  • April 29, 2026
  • February 5, 2026
  • October 30, 2025
  • July 31, 2025

Recent SEC filings

Data status

When each part of this page on Cousins Properties Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Cousins Properties Inc in brief

What does Cousins Properties Inc do?
Cousins Properties Inc is a US-listed company in the office REITs industry. Its financial year ends in December.
What is Cousins Properties Inc's stock ticker?
Cousins Properties Inc trades under the ticker CUZ on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Cousins Properties Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Cousins Properties Inc reported revenue of $1B, 8.5% higher than a year earlier, according to its SEC filings.
What is Cousins Properties Inc's free cash flow?
Cousins Properties Inc's free-cash-flow margin is -0.1% of revenue over the trailing twelve months.
Who are Cousins Properties Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Principal Financial Group Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Cousins Properties Inc's market cap?
On November 2, 2026, Cousins Properties Inc's market capitalisation was about $5B, with a price-to-earnings ratio of 334.6 and net debt of $3.6B. Market figures come from third-party market data and may be delayed.
Does Cousins Properties Inc pay a dividend?
Yes: Cousins Properties Inc paid $214M in dividends over the trailing twelve months, a dividend yield of 4.37% and a payout ratio of 1445.1%.
Who are Cousins Properties Inc's competitors?
In our Office REITs peer group, the companies closest to Cousins Properties Inc are SL Green Realty Corp, Douglas Emmett Inc, Kilroy Realty Corp, Highwoods Properties, Inc. and Copt Defense Properties. The side-by-side comparison below sets their revenue, margins and growth against Cousins Properties Inc's.
Are insiders buying or selling Cousins Properties Inc stock?
Over the last 12 months, Cousins Properties Inc's directors and officers reported 0 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Cousins Properties Inc's next earnings date?
Around February 4, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Cousins Properties Inc announces its own schedule.