Earnings summaries and quarterly performance for COUSINS PROPERTIES.
Executive leadership at COUSINS PROPERTIES.
Colin Connolly
President and Chief Executive Officer
Gregg Adzema
Executive Vice President and Chief Financial Officer
John McColl
Executive Vice President, Development
Kennedy Hicks
Executive Vice President, Chief Investment Officer and Managing Director
Pamela Roper
Executive Vice President, General Counsel & Corporate Secretary
Richard Hickson IV
Executive Vice President, Operations
Board of directors at COUSINS PROPERTIES.
Research analysts who have asked questions during COUSINS PROPERTIES earnings calls.
Blaine Heck
Wells Fargo Securities
4 questions for CUZ
Brendan Lynch
Barclays
4 questions for CUZ
Dylan Burzinski
Green Street Advisors, LLC
4 questions for CUZ
John Kim
BMO Capital Markets
4 questions for CUZ
Nicholas Thillman
Robert W. Baird & Co.
4 questions for CUZ
Anthony Paolone
JPMorgan Chase & Co.
3 questions for CUZ
Peter Abramowitz
Jefferies
3 questions for CUZ
Steve Sakwa
Evercore ISI
3 questions for CUZ
Upal Rana
KeyBanc Capital Markets
3 questions for CUZ
Jeffrey Spector
BofA Securities
2 questions for CUZ
Michael Lewis
Truist Securities, Inc.
2 questions for CUZ
James Feldman
Wells Fargo
1 question for CUZ
Jana Galan
Bank of America
1 question for CUZ
Recent press releases and 8-K filings for CUZ.
- Cousins Properties reported Q4 2025 FFO of $0.71 per share and full-year 2025 FFO of $2.84 per share, representing 5.6% growth over 2024.
- The company issued 2026 FFO guidance of $2.92 per share at the midpoint, forecasting 2.8% growth over 2025.
- Leasing activity was robust, with 700,000 sq ft of leases completed in Q4 2025 and over 2.1 million sq ft for the full year, the most since 2019. The portfolio was 88.3% occupied at quarter-end, with a goal to achieve 90% or higher occupancy by year-end 2026.
- Cousins Properties acquired 300 South Tryon in Charlotte for $317.5 million and is under contract to sell Harbourview Plaza for $39.5 million and a land parcel at 303 Tremont for $23.7 million. Management noted improving office fundamentals in Sunbelt markets and plans to identify a new development start for late 2026 or 2027.
- Cousins Properties reported Q4 2025 FFO of $0.71 per share and full-year 2025 FFO of $2.84 per share, marking 5.6% growth over 2024. For 2026, the company issued FFO guidance of $2.92 per share at the midpoint, projecting 2.8% growth over 2025.
- The company completed 700,000 sq ft of leases in Q4 2025, bringing portfolio occupancy to 88.3% at quarter-end. A goal has been set to reach 90% or higher occupancy by year-end 2026, supported by a late-stage leasing pipeline of over 1.1 million sq ft.
- Cousins Properties acquired 300 South Tryon in Charlotte for $317 million. To fund this, the company is under contract to sell Harborview Plaza for $39.5 million and a land parcel at 303 Tremont for $23.7 million.
- Management noted improving office market fundamentals with accelerating demand and declining new supply, particularly in Sunbelt markets. The company intends to identify a new development project to break ground in late 2026 or 2027 to address the anticipated shortage of premier space.
- Cousins Properties reported Q4 2025 FFO of $0.71 per share and full-year 2025 FFO of $2.84 per share, representing 5.6% growth over 2024.
- The company issued 2026 FFO guidance of $2.92 per share at the midpoint, projecting 2.8% growth over 2025.
- Leasing activity was strong, with 700,000 sq ft of leases completed in Q4 2025 and over 2.1 million sq ft for the full year, bringing portfolio occupancy to 88.3% with a target of 90% or higher by year-end 2026.
- Strategic capital allocation included the acquisition of 300 South Tryon in Charlotte for $317 million and planned dispositions of Harborview Plaza for $39.5 million and a land parcel at 303 Tremont for $23.7 million.
- Management highlighted improving office fundamentals, accelerating demand, and low new supply in Sunbelt markets, anticipating a shortage of high-quality space in the coming years.
- Cousins Properties (CUZ) acquired 300 South Tryon, a 638,000 square foot lifestyle office property in Uptown Charlotte, for $317.5 million.
- The property, built in 2017, is 100% leased with a weighted average lease term of six years.
- The acquisition, which closed on February 2, 2026, is expected to be immediately accretive to earnings and strengthen future cash flows.
- Funding for the acquisition will come from a combination of non-core asset sales, debt financing, and/or the settlement of common shares. Cousins is also under contract to sell Harborview Plaza and a land parcel for combined gross proceeds of $63.2 million.
- Cousins Properties reported a net loss available to common stockholders of $3.5 million, or $0.02 per share, for Q4 2025, and net income of $40.5 million, or $0.24 per share, for the full year 2025.
- Funds From Operations (FFO) for Q4 2025 was $119.5 million, or $0.71 per share, and for the full year 2025 was $478.4 million, or $2.84 per share.
- The company executed 700,000 square feet of leases in Q4 2025 and 2,125,000 square feet for the full year 2025, with cash-basis same property net operating income (NOI) increasing 0.03% in Q4 and 0.87% for the full year.
- Cousins Properties provided initial 2026 earnings guidance, projecting net income between $0.23 and $0.33 per share and FFO between $2.87 and $2.97 per share.
- Subsequent to year-end, on February 2, 2026, the company acquired 300 South Tryon for $317.5 million and entered into agreements to sell Harborview Plaza and a land parcel for gross proceeds totaling $63.2 million.
- Cousins Properties (NYSE: CUZ) has acquired 300 South Tryon, a 638,000 square foot lifestyle office property in Charlotte, for $317.5 million.
- The property, located in the Uptown submarket of Charlotte and built in 2017, is 100% leased with a weighted average lease term of six years.
- The acquisition will be funded through a combination of non-core asset sales, debt financing, and/or common share settlement, with $63.2 million in gross proceeds expected from two asset sales.
- CEO Colin Connolly stated the transaction is an "off-market acquisition" that is immediately accretive to earnings and strengthens future cash flows.
- 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.
- 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.
- 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.
Quarterly earnings call transcripts for COUSINS PROPERTIES.
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