Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). More Details
Second-rate dividend payer and slightly overvalued.
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 less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CUZ's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CUZ underperformed the US REITs industry which returned 33.5% over the past year.
Return vs Market: CUZ underperformed the US Market which returned 52.8% 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 StHave Insiders Been Buying Cousins Properties Incorporated (NYSE:CUZ) Shares?
1 month ago | Simply Wall StCousins Properties (NYSE:CUZ) Has Compensated Shareholders With A 47% Return On Their Investment
3 months ago | Simply Wall StCousins Properties Incorporated's (NYSE:CUZ) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
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 ($36.26) is trading below our estimate of fair value ($39.31)
Significantly Below Fair Value: CUZ is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CUZ is poor value based on its PE Ratio (58.9x) compared to the US REITs industry average (45.9x).
PE vs Market: CUZ is poor value based on its PE Ratio (58.9x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: CUZ is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: CUZ is good value based on its PB Ratio (1.2x) compared to the US REITs industry average (1.8x).
How is Cousins Properties forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CUZ's forecast earnings growth (12.2% per year) is above the savings rate (2%).
Earnings vs Market: CUZ's earnings (12.2% per year) are forecast to grow slower than the US market (15.7% per year).
High Growth Earnings: CUZ's earnings are forecast to grow, but not significantly.
Revenue vs Market: CUZ's revenue (5.1% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: CUZ's revenue (5.1% 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 (2.9%).
How has Cousins Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CUZ has high quality earnings.
Growing Profit Margin: CUZ's current net profit margins (12.3%) are lower than last year (39.6%).
Past Earnings Growth Analysis
Earnings Trend: CUZ's earnings have grown by 18.1% per year over the past 5 years.
Accelerating Growth: CUZ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CUZ had negative earnings growth (-68.5%) over the past year, making it difficult to compare to the REITs industry average (-8.5%).
Return on Equity
High ROE: CUZ's Return on Equity (2.1%) is considered low.
How is Cousins Properties's financial position?
Financial Position Analysis
Short Term Liabilities: CUZ's short term assets ($329.3M) exceed its short term liabilities ($152.4M).
Long Term Liabilities: CUZ's short term assets ($329.3M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: CUZ's debt to equity ratio (49.4%) is considered high.
Reducing Debt: CUZ's debt to equity ratio has increased from 45.8% to 49.4% over the past 5 years.
Debt Coverage: CUZ's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: CUZ's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is Cousins Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CUZ's dividend (3.42%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: CUZ's dividend (3.42%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: CUZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: CUZ's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.3%), CUZ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CUZ's dividends in 3 years are forecast to be well covered by earnings (44.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Connolly (43 yo)
Mr. Michael Colin Connolly has been the Chief Executive Officer at Cousins Properties Incorporated since January 1, 2019 and serves as its President since July 28, 2017. He is Director of Cousins Propertie...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD3.91M) is below average for companies of similar size in the US market ($USD6.47M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: CUZ's management team is considered experienced (3.3 years average tenure).
Experienced Board: CUZ's board of directors are considered experienced (3.1 years average tenure).
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$5.317b
- Shares outstanding: 148.65m
- Website: https://www.cousins.com
Number of Employees
- Cousins Properties Incorporated
- 3344 Peachtree Road NE
- Suite 1800
- United States
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||2021/05/06 22:33|
|End of Day Share Price||2021/05/06 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.