CUZ · Cousins Properties Inc
$29.44
-0.05 (-0.17%)
At close · Aug 28
View the 10-K filed Feb 5, 2026
Customer concentration
— top 20 customers 38.6% of revenue
20 customers — 38.6% of revenue (As of December 31, 2025)
“As of December 31, 2025, our top 20 tenants represented 38.6% of total annualized rent with our largest single tenant accounting for 8.9% of annualized rent.”
One customer — 8.9% of revenue (As of December 31, 2025)
“our largest single tenant accounting for 8.9% of annualized rent”
Market Cap
$4.85B
Shares
164.60M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$29.44
Open$29.62
Day$29.35–29.87
52W close$21.34–32.30
Avg vol 30d1.5M
Short int10.6M · 6.4% float · 6.5d
Short vol60%
Last earningsJul 31, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jul 30
Up next
Next earnings call
Oct 31, 2026
Est · unconfirmed
· in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Jul 30, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Neutral
Momentum
Strong
Sentiment
Neutral
Fundamentals
Weak
Quant / Vol
Moderate
Market backdrop
VIX 14.4 · calm
Equity put/call 0.39
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+12%
above
Price vs 50-day avg
−3%
below
RSI (14)
43
neutral
MACD trend
Negative
52-week position
74%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−7%
trailing
6-month return
+28%
trailing
YTD return
+14%
this year
Relative strength
+14%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $30 › 200d $26 — 50d above 200d
Institutional flow
Accumulating
+5% holders QoQ · +64 funds added
Insider flow
Distributing
Net -$177.6K over 90 days · 100% sells
Short interest
Rising
6.45% of float · ▲ +4.8% MoM · 6.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
394 holders — near 3-yr high, broad support
Squeeze score
72
high risk · 0–100
Fundamentals
Revenue growth
+16%
Y/Y
EPS growth
−20%
Y/Y
Valuation
P/E 737.3
rich
Buyback
$410.0M
remaining
Balance sheet
$3.3B
net debt
Quant / Vol
risk profile
Volatility
26%
annualized · 1-yr
Max drawdown
−28%
past year
ATR
2.2%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 30, 2026
Net income
· year ending December 31, 2026
Raised
$0.08 – $0.14
Apr 29, 2026
$0.02 – $0.10
changed to
Jul 30, 2026
$0.08 – $0.14
prior FY $0.24
midpoint −54.2% Y/Y
FFO
· year ending December 31, 2026
Initiated
$2.92 – $2.98
Prior guidance
period ended
· from the Earnings Call filed Sep 30, 2025
FFFO per share
· full year 2025
$2.82 – $2.86
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+12%
Bullish
Price vs 50-day avg
−3%
Neutral
RSI (14)
43
Neutral
MACD trend
Negative
Bearish
52-week position
74%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $30 › 200d $26 — 50d above 200d
Institutional flow
Accumulating
+5% holders QoQ · +64 funds added
Insider flow
Distributing
Net -$177.6K over 90 days · 100% sells
Short interest
Rising
6.45% of float · ▲ +4.8% MoM · 6.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
394 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $21
Now $29 · 74%
Range high $32
vs 200-day avg +12%
vs 50-day avg -3%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Above and Below Market Rents Amortization, Net | 4.27M | Q2 2026 | — |
| Annualized General and Administrative Expenses/Total Undepreciated Assets | 0.43% | Q2 2026 | — |
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| Cash-Basis Same Property Net Operating Income non-GAAP | 278.63M | Six Months Ended June 30 | — |
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| Change in Cash-Basis NOI (over prior year period) | 5.9% | Q2 2026 | — |
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| Change in Cash-Basis Second Generation Net Rent | 9.2% | Q2 2026 | — |
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| Change in NOI (over prior year period) | 2% | Q2 2026 | — |
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| Change in Second Generation Net Rent | 26.8% | Q2 2026 | — |
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| Common Dividend per Share | $0.32 | Q2 2026 | — |
| Common Stock Price Per Share | $29.98 | Q2 2026 | — |
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| Common Stock/Units Outstanding | 164.63M | Q2 2026 | — |
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| Consolidated Operating Properties | 35 | Q2 2026 | — |
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| Consolidated Rentable Square Feet | 20.13M | Q2 2026 | — |
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| Debt | 3.9B | Q2 2026 | — |
| End of Period Leased | 92.4% | Three Months Ended June 30 | — |
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| Equity Market Capitalization | 4.94B | Q2 2026 | — |
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| FFO non-GAAP | 124.65M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Net income (loss) available to common stockholders 26.16M
+104.7M Depreciation and amortization of real estate assets: Consolidated properties
+3.06M Depreciation and amortization of real estate assets: Share of unconsolidated joint ventures
-101K Depreciation and amortization of real estate assets: Partners' share of real estate depreciation
+0K Operating property impairment
-9.17M Loss (gain) on depreciated property transactions: Consolidated properties
+4K Non-controlling interest related to unitholders
= FFO 124.65M
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| FFO per Share non-GAAP | $0.75 | Q2 2026 | — |
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| Fixed Charges Coverage (EBITDAre) | 3.39 | Q2 2026 | — |
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| Funds Available for Distribution (FAD) Payout Ratio | 71.8% | Q2 2026 | — |
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| Funds From Operations (FFO) Payout Ratio | 42.3% | Q2 2026 | — |
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| In-Place Gross Rent (per SF) | $50.07 | Q2 2026 | — |
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| Increase in cash-basis second generation net rent per square foot non-GAAP | 12.2% | Six Months Ended June 30 | — |
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| Increase in straight-line basis second generation net rent per square foot | 27.8% | Six Months Ended June 30 | — |
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| Leasing Commissions (per SF) | -$3.13 | Q2 2026 | — |
| Leasing Costs (per SF) | -$13.3 | Q2 2026 | — |
| Net annualized rent | $42.96 | Six Months Ended June 30 | — |
| Net Debt/Annualized EBITDAre | 5.57 | Q2 2026 | — |
| Net Debt/Total Market Capitalization | 44% | Q2 2026 | — |
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| Net Debt/Total Undepreciated Assets | 34.3% | Q2 2026 | — |
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| Net effective rent non-GAAP | $30.2 | Six Months Ended June 30 | — |
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| Net Effective Rent (per SF) | $28.05 | Q2 2026 | — |
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| Net Free Rent (per SF) | -$2.47 | Q2 2026 | — |
| Net Leased during the Period (SF, in thousands) | 924K | Q2 2026 | — |
| Net leased square feet | 1,855,955 | Six Months Ended June 30 | — |
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| Net Rent (per SF) | $41.35 | Q2 2026 | — |
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| new and expansion leases | 878,000 | six months ended June 30, 2026 | — |
| NOI non-GAAP | 182.34M | Q2 2026 | — |
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| Number of transactions | 98 | Six Months Ended June 30 | — |
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| office leases executed | 1,856,000 | six months ended June 30, 2026 | — |
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| Office Percent Leased (period end) | 92.8% | Q2 2026 | — |
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| Office Weighted Average Occupancy | 89.4% | Q2 2026 | — |
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| portfolio leased | 92.8% | Q2 2026 | — |
| Same Property Net Operating Income non-GAAP | 310.85M | Six Months Ended June 30 | — |
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| Same property net operating income (NOI) on a cash-basis | 5.6% | six months ended June 30, 2026 | — |
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| Same Property Percent Leased (period end) | 92.4% | Q2 2026 | — |
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| Same Property Weighted Average Occupancy | 88.8% | Q2 2026 | — |
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| Second Generation Capital Expenditures | 35.91M | Q2 2026 | — |
| Second generation net rent per square foot on a cash-basis | 12.2% | six months ended June 30, 2026 | — |
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| Straight-Line Rental Revenue | 6.86M | Q2 2026 | — |
| Tenant Improvements (per SF) | -$7.7 | Q2 2026 | — |
| Total Market Capitalization | 8.84B | Q2 2026 | — |
| Total Operating Properties | 39 | Q2 2026 | — |
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| Total Rentable Square Feet | 22.27M | Q2 2026 | — |
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| Unconsolidated Rentable Square Feet | 2.14M | Q2 2026 | — |
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| Weighted Average Occupancy | 88.7% | Six Months Ended June 30 | — |
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| FAD Payout Ratio non-GAAP | 65% | 2026 1st | — |
| FFO Payout Ratio non-GAAP | 42.8% | 2026 1st | — |
| Lease term in years | 6.6 | Three Months Ended March 31, 2026 | — |
| Office leases executed - new and expansion leases | 483,000 | first quarter 2026 | — |
| Second generation leased square footage | 656,433 | Three Months Ended March 31, 2026 | — |
| Total Net Operating Income non-GAAP | $180.06M | 2026 1st | — |
| TOTAL OFFICE End of Period Leased | 91.8% | 1Q26 | — |
| TOTAL OFFICE Rentable Square Feet | 21,970,000 | 1Q26 | — |
| TOTAL OFFICE Weighted Average Occupancy | 88.9% | 1Q26 | — |
| Cash-Basis Net Operating Income non-GAAP | 584.31M | Year Ended December 31, 2025 | — |
GAAP → non-GAAP reconciliationGAAP Net Operating Income 673.31M
-89.87M Non-cash income
+869K Non-cash expense
= Cash-Basis Net Operating Income 584.31M
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| Company's Share of Cost Basis of Land | 156M | Q4 2025 | — |
| EBITDAre non-GAAP | 164.77M | 2025 4th | — |
| EBITDAre / Fixed Charges non-GAAP | 3.52 | 2025 4th | — |
| Estimated Project Costs | 294.55M | Q4 2025 | — |
| Estimated Project Costs/Total Undepreciated Assets | 2.6% | Q4 2025 | — |
| FAD non-GAAP | 276.82M | 2025 | — |
| FAD per share non-GAAP | $0.35 | 2025 4th | — |
| Funds From Operations non-GAAP | 478.4M | Year Ended December 31, 2025 | — |
| Net Leased during the Period (SF) | 700K | Q4 2025 | — |
| Net Operating Income non-GAAP | 673.31M | Year Ended December 31, 2025 | — |
| Net Operating Income - Unconsolidated Joint Ventures non-GAAP | 3.71M | 2025 4th | — |
| Neuhoff Apartment Units | 542 | Q4 2025 | — |
| Neuhoff Percent Leased (Apartments) | 89% | Q4 2025 | — |
| Neuhoff Percent Leased (Office and Retail) | 53% | Q4 2025 | — |
| Neuhoff Square Feet (Office and Retail) | 450,000 | Q4 2025 | — |
| Same Property Cash-Basis Net Operating Income non-GAAP | 496.57M | Year Ended December 31, 2025 | — |
| Total Cost Basis of Land | 162.81M | Q4 2025 | — |
| Total Developable Land | 37 | Q4 2025 | — |
| Unconsolidated Operating Properties | 3 | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Office — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CUZ
this stock
Cousins Properties Inc
|
$4.85B | +14.2% | +16.0% | 737.3 | 6.4% |
|
BXP
BXP, Inc.
|
$11.28B | +2.7% | +2.2% | 38.0 | 6.5% |
|
ARE
Alexandria Real Estate Equities, Inc.
|
$9.23B | +5.4% | -2.9% | — | 3.9% |
|
VNO
Vornado Realty Trust
|
$7.13B | +14.8% | +1.3% | 1273.3 | 5.0% |
|
KRC
Kilroy Realty Corp
|
$4.27B | -3.1% | -2.0% | 20.1 | 7.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CUZ | -0.8% | -6.7% | +27.7% | -6.7% | +14.2% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -1.3% | -9.7% | +14.3% | -9.7% | +1.4% |
Capital returns
Latest dividend
$0.32
/ share · ex Jul 6, 2026
Paid (TTM)
$1.28
/ share · 4 payouts
Dividend yield (TTM, derived)
4.35%
Buyback program
· as of Jun 30, 2026
Authorized
$500.00M
Spent (derived)
$90.00M
Remaining
$410.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
25232
CUSIP
222795502
13F (30d)
305 filings
304 filers
Visit website
Investor relations