Cousins Properties (NYSE:CUZ) Updates FY 2026 Earnings Guidance

Key Points

• Cousins Properties issued FY 2026 EPS guidance of $2.92–$2.98, broadly in line with analysts’ consensus estimate of $2.95.
• The REIT’s latest quarterly results exceeded expectations, with EPS of $0.16 versus the $0.07 consensus and revenue of $268.53 million versus estimates of $263.55 million.
• Shares fell 1.2% to $31.90, while the company maintained a quarterly dividend of $0.32, equivalent to a 4.0% annualized yield. Analysts’ average rating remains “Moderate Buy,” with an average price target of $30.91.

Cousins Properties (NYSE:CUZ - Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.920-2.980 for the period, compared to the consensus EPS estimate of 2.950. The company issued revenue guidance of -.

Cousins Properties Stock Down 1.2%

CUZ traded down $0.40 during trading on Thursday, hitting $31.90. 2,350,374 shares of the company's stock were exchanged, compared to its average volume of 1,991,286. Cousins Properties has a fifty-two week low of $21.03 and a fifty-two week high of $32.95. The stock has a market cap of $5.25 billion, a P/E ratio of -1,062.98, a PEG ratio of 2.33 and a beta of 1.19. The business's 50 day moving average is $29.40 and its two-hundred day moving average is $26.10. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.83.

Cousins Properties (NYSE:CUZ - Get Free Report) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.09. The company had revenue of $268.53 million for the quarter, compared to analyst estimates of $263.55 million. Cousins Properties had a negative net margin of 0.52% and a negative return on equity of 0.11%. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. As a group, equities analysts expect that Cousins Properties will post 2.95 earnings per share for the current fiscal year.

Cousins Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Monday, July 6th were paid a $0.32 dividend. The ex-dividend date was Monday, July 6th. This represents a $1.28 annualized dividend and a dividend yield of 4.0%. Cousins Properties's dividend payout ratio is presently -4,266.67%.

Analysts Set New Price Targets

CUZ has been the topic of a number of recent analyst reports. Wells Fargo & Company raised their price target on shares of Cousins Properties from $28.00 to $34.00 and gave the company an "overweight" rating in a research report on Monday, June 1st. Truist Financial increased their price objective on shares of Cousins Properties from $24.00 to $30.00 and gave the company a "hold" rating in a research note on Friday, June 26th. Wall Street Zen raised shares of Cousins Properties from a "strong sell" rating to a "sell" rating in a research report on Sunday, July 12th. Weiss Ratings upgraded Cousins Properties from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, June 25th. Finally, Barclays upped their target price on Cousins Properties from $28.00 to $34.00 and gave the company an "overweight" rating in a report on Tuesday, July 21st. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $30.91.

Institutional Investors Weigh In On Cousins Properties

A number of hedge funds have recently modified their holdings of CUZ. Arrowstreet Capital Limited Partnership bought a new position in Cousins Properties during the second quarter valued at $902,000. EverSource Wealth Advisors LLC raised its stake in shares of Cousins Properties by 55.9% in the second quarter. EverSource Wealth Advisors LLC now owns 2,100 shares of the real estate investment trust's stock valued at $63,000 after buying an additional 753 shares during the period. Marshall Wace LLP purchased a new position in shares of Cousins Properties during the 2nd quarter valued at $3,723,000. Federated Hermes Inc. lifted its position in shares of Cousins Properties by 40.8% during the 2nd quarter. Federated Hermes Inc. now owns 110,926 shares of the real estate investment trust's stock valued at $3,331,000 after buying an additional 32,162 shares during the last quarter. Finally, California Public Employees Retirement System grew its stake in shares of Cousins Properties by 8.6% during the 2nd quarter. California Public Employees Retirement System now owns 286,452 shares of the real estate investment trust's stock worth $8,602,000 after acquiring an additional 22,741 shares during the period. Institutional investors own 94.38% of the company's stock.

Cousins Properties Company Profile

Cousins Properties Incorporated NYSE: CUZ is a publicly traded real estate investment trust (REIT) specializing in the development, acquisition and management of high-quality office and mixed-use properties. Headquartered in Atlanta, the company focuses on urban infill and suburban markets across the Sun Belt, with a strong presence in metropolitan areas such as Atlanta, Austin, Charlotte, Nashville, Orlando and Tampa. Its core activities encompass full-service property leasing, asset management and construction oversight, serving a diverse mix of corporate and institutional tenants.

Founded in 1958 as a privately held real estate concern, Cousins Properties completed its initial public offering in 1992.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.