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COUSINS PROPERTIES (CUZ)

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Earnings summaries and quarterly performance for COUSINS PROPERTIES.

Recent press releases and 8-K filings for CUZ.

Cousins Properties Reports Q3 2025 Results and Raises FFO Guidance
CUZ
Earnings
Guidance Update
New Projects/Investments
  • Cousins Properties reported Funds From Operations (FFO) of $116.5 million, or $0.69 per share, for the third quarter of 2025, compared to $102.3 million, or $0.67 per share, for the third quarter of 2024. Net income available to common stockholders for Q3 2025 was $8.6 million, or $0.05 per share.
  • The company raised its 2025 FFO guidance following a strong quarter.
  • In the third quarter of 2025, Cousins Properties acquired The Link, a 292,000 square foot lifestyle office property in Uptown Dallas, for $218.0 million.
  • Operations for Q3 2025 included a 0.3% increase in same property net operating income (NOI) on a cash-basis and the execution of 551,000 square feet of office leases.
Oct 31, 2025, 2:00 PM
Cousins Properties Reports Strong Q3 2025 Results and Raises FFO Guidance
CUZ
Earnings
Guidance Update
New Projects/Investments
  • Cousins Properties reported outstanding Q3 2025 results, with GAAP NOI growing 1.9% and cash NOI growing 0.3% year-over-year. The company raised its full-year 2025 FFO guidance midpoint to $2.84 per share, up $0.02 from the previous quarter and $0.06 from initial guidance, projecting a second consecutive year of FFO growth.
  • The company demonstrated strong leasing activity, including 125,000 square feet in its Atlanta portfolio and a 127,000 square foot early renewal at 201 North Tryon. They are in advanced negotiations for a 166,000 square foot lease at North Park and expect Hayden Ferry One to be approximately 95% leased soon.
  • Cousins Properties acquired The Link in Uptown Dallas for $218 million or $747 per square foot, which was immediately accretive to earnings. The company plans to fund new investments through dispositions of non-core assets, settling ATM shares, or utilizing its balance sheet, stating that new equity at current stock prices is not financially sensible.
  • The company maintains a strong balance sheet with net debt to EBITDA at 5.38, and has capacity to increase leverage up to six times while retaining its investment-grade rating, viewing this as an offensive tool for compelling investment opportunities.
  • Management highlighted accelerating demand, historically low new supply, and a rebalancing office market, with their Sun Belt portfolio outperforming gateway markets in leasing activity.
Oct 31, 2025, 2:00 PM
Cousins Properties Reports Q3 2025 Results and Raises 2025 Guidance
CUZ
Earnings
Guidance Update
New Projects/Investments
  • Cousins Properties reported Funds From Operations (FFO) of $116.5 million, or $0.69 per share, for the third quarter of 2025, compared to $102.3 million, or $0.67 per share, for the third quarter of 2024.
  • The company raised its 2025 FFO guidance to between $2.82 and $2.86 per share, an increase from the previous range of $2.79 and $2.85 per share.
  • During the third quarter of 2025, Cousins Properties executed 551,000 square feet of office leases and experienced a 0.3% increase in same property net operating income (NOI) on a cash-basis.
  • Strategic activities in Q3 2025 included the acquisition of The Link, a 292,000 square foot office property in Dallas, for $218.0 million, and the repayment of $250.0 million in senior notes.
Oct 30, 2025, 8:28 PM

Quarterly earnings call transcripts for COUSINS PROPERTIES.