Cousins Properties (CUZ)

• Market cap: $5.13B
• 1 day: 1.63%
• 5 days: 7.93%
• 1 month: -2.08%
• 3 months: -2.76%
• 6 months: 22.86%
• Year to date: -0.97%
• 1 year: 33.76%
• 5 years: -26.56%
• 10 years: -30.32%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio mainly comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, the majority of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's key markets.

Employees: 305

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

790% more call options, than puts

Call options by funds: $1.75M | Put options by funds: $197K

68% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 34

27% more capital invested

Capital invested by funds: $3.38B [Q2] → $4.29B (+$912M) [Q3]

14% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 115

6% more funds holding

Funds holding: 327 [Q2] → 347 (+20) [Q3]

0.71% less ownership

Funds ownership: 96.42% [Q2] → 95.71% (-0.71%) [Q3]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $30 2% downside
• Avg. target: $34 10% upside
• High target: $36 18% upside

7 analyst ratings

• positive: 5 71%
• neutral: 2 29%
• negative: 0 0%

Barclays Anthony Powell 40% 1-year accuracy 12 / 30 met price target	18% upside $36	Overweight Maintained	13 Jan 2025
Mizuho Vikram Malhotra 75% 1-year accuracy 6 / 8 met price target	2% downside $30	Neutral Upgraded	7 Jan 2025
Jefferies Peter Abramowitz 38% 1-year accuracy 5 / 13 met price target	18% upside $36	Buy Upgraded	2 Jan 2025
Truist Securities Michael Lewis 64% 1-year accuracy 23 / 36 met price target	8% upside $33	Buy Maintained	18 Dec 2024
Baird David Rodgers 44% 1-year accuracy 11 / 25 met price target	11% upside $34	Outperform Maintained	12 Dec 2024