Cousins Properties Incorporated Stock News

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.

Cousins Properties offers a post-pandemic investment opportunity in office real estate, with a focus on premium "lifestyle" office assets in the Sun Belt. Despite a stable revenue and dividend history, fluctuations in funds from operations and limited cash reserves raise concerns about dividend consistency. The company benefits from favorable market conditions, including low new office construc...

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 maturi...

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 Comp...

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.

ATLANTA , Nov. 7, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it is under contract to acquire Vantage South End, a 639,000 square foot lifestyle office property in Charlotte, for $328.5 million. The transaction is expected to close in December, subject to customary closing conditions.

The Federal Reserve's recent 50 bps rate cut and projected future cuts in 2024 signal a potential favorable shift for the REITs sectors. The latest JOLTS Report fell short of expectations. September job openings slid to 7.443M from 7.861M in August, and layoffs and discharges rose, a potential opportunity for more rate cuts. REITs benefit from a lower-rate environment due to reduced borrowing c...

U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April....