Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). More Details
Undervalued with proven track record.
Share Price & News
How has Cousins Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CUZ is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CUZ's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CUZ underperformed the US REITs industry which returned -9.9% over the past year.
Return vs Market: CUZ underperformed the US Market which returned 22.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Cousins Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHow Many Cousins Properties Incorporated (NYSE:CUZ) Shares Did Insiders Buy, In The Last Year?
1 month ago | Simply Wall StReflecting on Cousins Properties' (NYSE:CUZ) Share Price Returns Over The Last Year
3 months ago | Simply Wall StCould The Market Be Wrong About Cousins Properties Incorporated (NYSE:CUZ) Given Its Attractive Financial Prospects?
Is Cousins Properties undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CUZ ($33.32) is trading below our estimate of fair value ($45.98)
Significantly Below Fair Value: CUZ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CUZ is good value based on its PE Ratio (14.4x) compared to the US REITs industry average (38.5x).
PE vs Market: CUZ is good value based on its PE Ratio (14.4x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: CUZ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CUZ is good value based on its PB Ratio (1.1x) compared to the US REITs industry average (1.6x).
How is Cousins Properties forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CUZ's earnings are forecast to decline over the next 3 years (-18.2% per year).
Earnings vs Market: CUZ's earnings are forecast to decline over the next 3 years (-18.2% per year).
High Growth Earnings: CUZ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CUZ's revenue (3.6% per year) is forecast to grow slower than the US market (10.5% per year).
High Growth Revenue: CUZ's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CUZ's Return on Equity is forecast to be low in 3 years time (2.6%).
How has Cousins Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CUZ has a large one-off gain of $230.5M impacting its September 30 2020 financial results.
Growing Profit Margin: CUZ's current net profit margins (45.1%) are higher than last year (9.4%).
Past Earnings Growth Analysis
Earnings Trend: CUZ's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: CUZ's earnings growth over the past year (505.5%) exceeds its 5-year average (21.9% per year).
Earnings vs Industry: CUZ earnings growth over the past year (505.5%) exceeded the REITs industry 2.9%.
Return on Equity
High ROE: CUZ's Return on Equity (7.6%) is considered low.
How is Cousins Properties's financial position?
Financial Position Analysis
Short Term Liabilities: CUZ's short term assets ($197.7M) exceed its short term liabilities ($183.0M).
Long Term Liabilities: CUZ's short term assets ($197.7M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: CUZ's debt to equity ratio (42.7%) is considered high.
Reducing Debt: CUZ's debt to equity ratio has reduced from 46.5% to 42.7% over the past 5 years.
Debt Coverage: CUZ's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: CUZ's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is Cousins Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CUZ's dividend (3.6%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CUZ's dividend (3.6%) is low compared to the top 25% of dividend payers in the US market (3.86%).
Stability and Growth of Payments
Stable Dividend: CUZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: CUZ's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.6%), CUZ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CUZ's dividends in 3 years are forecast to be well covered by earnings (42.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Connolly (43 yo)
Mr. Michael Colin Connolly has been the Chief Executive Officer at Cousins Properties Incorporated since January 1, 2019 as serves as its President since July 28, 2017. He is Director of Cousins Properties...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD3.36M) is below average for companies of similar size in the US market ($USD6.22M).
Compensation vs Earnings: Michael's compensation has increased by more than 20% in the past year.
|Executive VP & CFO||10.17yrs||US$2.54m||0.043% |
|Executive Vice President of Operations||2.25yrs||US$1.60m||0.0099% |
|Executive VP||17.42yrs||US$1.71m||0.011% |
|Executive Vice President of Investments||2.17yrs||no data||0.0041% |
|Senior VP & Chief Accounting Officer||0.83yr||no data||0.0012% |
|Senior VP & Chief Information Officer||5yrs||no data||no data|
|Vice President of Finance & Investor Relations||no data||no data||no data|
|Vice President & Head of Corporate Communications||1.33yrs||no data||no data|
|Vice President of Human Resources||3.75yrs||no data||no data|
|Executive Vice President of Development||23.67yrs||US$1.05m||0.030% |
|Head of Atlanta-based Weeks Properties||no data||no data||no data|
Experienced Management: CUZ's management team is considered experienced (3 years average tenure).
|Chairman Emeritus||14.08yrs||US$106.58k||no data|
|Independent Director||4.25yrs||US$151.19k||0.024% |
|Independent Director||22yrs||US$149.62k||0.027% |
|Independent Director||2.75yrs||US$151.19k||0.032% |
|Independent Non Executive Chairman||0.75yr||US$163.82k||0.018% |
|Independent Director||6.67yrs||US$169.60k||0.019% |
Experienced Board: CUZ's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cousins Properties Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Cousins Properties Incorporated
- Ticker: CUZ
- Exchange: NYSE
- Founded: 1958
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: US$4.950b
- Shares outstanding: 148.56m
- Website: https://www.cousins.com
Number of Employees
- Cousins Properties Incorporated
- 3344 Peachtree Road NE
- Suite 1800
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CUZ||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1972|
|CPZ1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Pro...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/21 23:54|
|End of Day Share Price||2021/01/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.