Corporate Profile Cousins Properties Incorporated (the “Registrant” or “Cousins”), a Georgia corporation, is a fully integrated, self-administered, and self-managed real estate investment trust (“REIT”). Cousins conducts substantially all of its business through Cousins Properties LP ("CPLP"). Cousins owns in excess of 99% of CPLP and consolidates CPLP. CPLP wholly owns Cousins TRS Services LLC ("CTRS"), a taxable entity that owns and manages its own real estate portfolio and performs certain real estate related services. Cousins, CPLP, CTRS, and their subsidiaries develop, acquire, lease, manage, and own primarily Class A office properties and opportunistic mixed-use developments in the Sun Belt markets of the United States with a focus on lifestyle office properties in Austin, Atlanta, Charlotte, Tampa, Phoenix, Dallas, and Nashville. Cousins has elected to be taxed as a REIT and intends to, among other things, distribute at least 100% of its net taxable income to stockholders.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 994M | 994M | 857M | 803M | 762M | 755M |
| Net Income | 41M | 41M | 46M | 83M | 167M | 279M |
| EPS | $0.24 | $0.24 | $0.30 | $0.55 | $1.11 | $1.87 |
| Free Cash Flow | 135M | 135M | 148M | 89M | 23M | 323M |
| ROIC | 5.0% | 8.4% | 7.6% | 7.6% | 7.3% | 7.4% |
| Gross Margin | 26.6% | 26.6% | 24.6% | 27.6% | 27.3% | 27.5% |
| Debt/Equity | 0.71 | 0.71 | 0.64 | 0.54 | 0.51 | 0.49 |
| Dividends/Share | $1.28 | $1.28 | $1.28 | $1.28 | $1.28 | $1.24 |
| Operating Income | 673M | 673M | 570M | 531M | 502M | 494M |
| Operating Margin | 67.8% | 67.8% | 66.6% | 66.1% | 65.9% | 65.4% |
| ROE | 0.9% | 0.9% | 1.0% | 1.8% | 3.6% | 6.2% |
| Shares Outstanding | 169M | 169M | 153M | 151M | 150M | 149M |
COUSINS PROPERTIES INC passes 1 of 9 quality checks, indicating weak fundamentals.
COUSINS PROPERTIES INC trades at 96.3x trailing earnings, compared to its 15-year median P/E of 18.8x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 28.7x vs a median of 15.0x. The company's 5-year average ROIC is 7.7% with a gross margin of 26.7%. Total shareholder yield (dividends) is 5.5%. At current prices, the estimated annualized return to fair value is +48.4%.
COUSINS PROPERTIES INC (CUZ) has a current P/E ratio of 96.3, compared to its historical median P/E of 18.8. The stock is currently considered Expensive based on its historical valuation range.
COUSINS PROPERTIES INC (CUZ) has a 5-year average return on invested capital (ROIC) of 7.7%. This is below average and may indicate limited pricing power.
COUSINS PROPERTIES INC (CUZ) has a market capitalization of $3.9B. It is classified as a mid-cap stock.
Yes, COUSINS PROPERTIES INC (CUZ) pays a dividend with a trailing twelve-month yield of 5.54%.
Based on historical P/E analysis, COUSINS PROPERTIES INC (CUZ) appears expensive. The current P/E of 96.3 is 412% above its historical median of 18.8. The estimated fair value CAGR (P/E method) is -18.9%.
COUSINS PROPERTIES INC (CUZ) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
COUSINS PROPERTIES INC (CUZ) reported annual revenue of $994 million in its most recent fiscal year, based on SEC EDGAR filings.
COUSINS PROPERTIES INC (CUZ) has a net profit margin of 4.1%. This is a modest margin.
COUSINS PROPERTIES INC (CUZ) generated $135 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
COUSINS PROPERTIES INC (CUZ) has a debt-to-equity ratio of 0.71. This indicates moderate leverage.
COUSINS PROPERTIES INC (CUZ) reported earnings per share (EPS) of $0.24 in its most recent fiscal year.
COUSINS PROPERTIES INC (CUZ) has a return on equity (ROE) of 0.9%. This indicates moderate shareholder returns.
COUSINS PROPERTIES INC (CUZ) has a 5-year average gross margin of 26.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 15 years of financial data for COUSINS PROPERTIES INC (CUZ), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
COUSINS PROPERTIES INC (CUZ) has a book value per share of $27.73, based on its most recent annual SEC filing.
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