Cousins Properties Incorporated CUZ
Cousins Properties functions as a self-governing and fully integrated Real Estate Investment Trust (REIT) based in Atlanta, Georgia. Operating via its partnership, Cousins Properties LP, the firm primarily focuses on investing in prestigious Class A office buildings situated across vibrant, rapidly expanding Sun Belt regions. Since its inception in 1958, Cousins has consistently delivered shareholder value through its profound expertise in the development, procurement, leasing, and administration of premium real estate holdings. Its overarching strategic plan is built upon a straightforward model emphasizing iconic "trophy" assets and astute opportunistic investments.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-05 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-29) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model CUZ yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $993.82M | $40.50M | $415.36M | $456.61M | $402.27M |
| 2024 | $856.76M | $45.96M | $365.05M | $534.10M | $400.23M |
| 2023 | $802.87M | $82.96M | $314.90M | $504.18M | $368.36M |
| 2022 | $762.29M | $166.79M | $295.59M | $535.57M | $365.17M |
| 2021 | $755.07M | $278.59M | $288.09M | $634.12M | $389.48M |
| 2020 | $740.34M | $237.28M | $288.65M | $587.37M | $351.09M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-07-06 | 2026-07-06 | 2026-07-16 | 2026-06-18 | $0.32 | Quarterly |
| 2026-04-07 | 2026-04-07 | 2026-04-15 | 2026-03-18 | $0.32 | Quarterly |
| 2026-01-05 | 2026-01-05 | 2026-01-14 | 2025-12-18 | $0.32 | Quarterly |
| 2025-10-03 | 2025-10-03 | 2025-10-15 | 2025-09-17 | $0.32 | Quarterly |
| 2025-07-07 | 2025-07-07 | 2025-07-17 | 2025-06-18 | $0.32 | Quarterly |
| 2025-04-03 | 2025-04-03 | 2025-04-15 | 2025-03-18 | $0.32 | Quarterly |
| 2025-01-03 | 2025-01-03 | 2025-01-14 | 2024-12-18 | $0.32 | Quarterly |
| 2024-10-03 | 2024-10-03 | 2024-10-15 | 2024-09-17 | $0.32 | Quarterly |
| 2024-07-03 | 2024-07-03 | 2024-07-15 | 2024-06-18 | $0.32 | Quarterly |
| 2024-04-03 | 2024-04-04 | 2024-04-15 | 2024-03-18 | $0.32 | Quarterly |
| 2024-01-03 | 2024-01-04 | 2024-01-16 | 2023-12-19 | $0.32 | Quarterly |
| 2023-10-03 | 2023-10-04 | 2023-10-13 | 2023-09-19 | $0.32 | Quarterly |
| 2023-07-05 | 2023-07-06 | 2023-07-17 | 2023-06-20 | $0.32 | Quarterly |
| 2023-04-04 | 2023-04-05 | 2023-04-14 | 2023-03-20 | $0.32 | Quarterly |
| 2023-01-03 | 2023-01-04 | 2023-01-13 | 2022-12-19 | $0.32 | Quarterly |
| 2022-10-04 | 2022-10-05 | 2022-10-14 | 2022-09-20 | $0.32 | Quarterly |
| 2022-07-05 | 2022-07-06 | 2022-07-15 | 2022-06-21 | $0.32 | Quarterly |
| 2022-04-04 | 2022-04-05 | 2022-04-14 | 2022-03-21 | $0.32 | Quarterly |
| 2022-01-04 | 2022-01-05 | 2022-01-14 | 2021-12-20 | $0.31 | Quarterly |
| 2021-10-04 | 2021-10-05 | 2021-10-15 | 2021-09-21 | $0.31 | Quarterly |
| 2021-07-02 | 2021-07-06 | 2021-07-19 | 2021-06-21 | $0.31 | Quarterly |
| 2021-04-05 | 2021-04-06 | 2021-04-19 | 2021-03-17 | $0.31 | Quarterly |
| 2020-12-31 | 2021-01-04 | 2021-01-14 | 2020-12-17 | $0.30 | Quarterly |
| 2020-10-02 | 2020-10-05 | 2020-10-15 | 2020-09-21 | $0.30 | Quarterly |
Coverage (payout of operating cash flow): 53.68%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — CUZ
CUZ vs. NHI: Which Stock Should Value Investors Buy Now?
Cousins Properties Still A Buy, Q2 Results Show Durability In Premium Office Markets
Mizuho names the top 2 REITs worth owning in 2026
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CUZ or EGP: Which Is the Better Value Stock Right Now?
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Why Cousins Properties (CUZ) is a Top Value Stock for the Long-Term
Cousins Properties Incorporated (CUZ) Q2 2026 Earnings Call Transcript
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.