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Cousins Pptys Inc Stock Price, News & Analysis

CUZ NYSE

Welcome to our dedicated page for Cousins Pptys news (Ticker: CUZ), a resource for investors and traders seeking the latest updates and insights on Cousins Pptys stock.

Cousins Properties Inc. (NYSE: CUZ) is an Atlanta-based real estate investment trust (REIT) that primarily invests in Class A office buildings in high-growth Sun Belt markets. This news page aggregates company announcements, earnings updates and transaction disclosures so readers can follow how Cousins manages and grows its office-focused portfolio.

Company press releases frequently cover quarterly and full-year earnings, including the dates and times of earnings releases and related conference calls. These announcements typically provide dial-in information for investors and note that detailed financial data and supplemental information are available through the company’s investor resources. Regular news items also include declarations of common stock dividends, reflecting the REIT’s practice of distributing a portion of its cash flow to shareholders.

In addition to routine financial reporting, Cousins uses news releases to highlight portfolio activity and capital deployment. For example, the company has publicly announced the acquisition of The Link, a 292,000 square foot lifestyle office property in the Uptown submarket of Dallas, describing it as a trophy lifestyle office asset and a way to expand its presence in that market. Such items give insight into how Cousins applies its strategy of focusing on high-quality office properties in high-growth markets.

Visitors to this page can review historical and recent news to understand Cousins Properties’ operating performance, dividend decisions and major transactions. For investors and observers of the office real estate sector, the CUZ news feed offers a centralized view of the company’s public communications and key corporate developments over time.

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Cousins Properties (NYSE:CUZ) will announce its second quarter 2021 earnings on July 29, 2021, post-market. A conference call is scheduled for July 30, 2021 at 10:00 a.m. ET, accessible via (877) 247-1056 or webcast on their website. Playback will be available until August 6, 2021. Detailed financial information will be posted on their Investor Relations page after the earnings release. Cousins Properties focuses on Class A office buildings in high-growth Sun Belt markets and aims to create shareholder value through strategic real estate investments.

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Cousins Properties (NYSE: CUZ) declared a cash dividend of $0.31 per common share for Q2 2021. The dividend will be payable on July 19, 2021, to shareholders of record as of July 6, 2021. As a real estate investment trust based in Atlanta, Cousins focuses on Class A office buildings in growth Sun Belt markets, aiming to create shareholder value through strategic asset management and opportunistic investments.

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Cousins Properties (NYSE: CUZ) announced the appointment of Dionne Nelson to its Board of Directors effective May 21, 2021. This election expands the board to nine members. Nelson is the President and CEO of Laurel Street, bringing over 20 years of real estate development experience. She has a history in affordable housing and previously held senior positions at Crosland and as a consultant at McKinsey & Company. Her election is anticipated to enhance Cousins' strategic direction, particularly in the Sun Belt markets.

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Cousins Properties (NYSE: CUZ) announced plans to commence development of Domain 9, a 335,000 square foot office building in Austin, with a projected cost of $147 million. Expected to deliver by mid-2023, this development aims to meet the growing demand for Class A office spaces in the area. The company’s existing 2.1 million square foot Domain portfolio is currently 98% leased, with potential for further expansion. Executives highlight Austin's strong job growth and corporate relocations, underscoring confidence in attracting high-quality tenants.

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Cousins Properties (NYSE: CUZ) announced its first-quarter results on April 29, 2021. The company primarily invests in high-quality Class A office buildings across growth-oriented Sun Belt markets. A conference call is scheduled for 11:00 a.m. ET on April 30, 2021, to discuss these results, with a replay available for seven days. Investors can access the Earnings Release and more detailed information on Cousins' official website.

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Cousins Properties (NYSE:CUZ) will release its Q1 2021 earnings on April 29, 2021, after market close. A conference call is scheduled for April 30, 2021, at 11:00 a.m. Eastern Time, accessible at (877) 247-1056. The live webcast can be found on the Company's website. Playback will be available from April 30 to May 7, 2021. Financial data will be published on the Company’s website following the earnings release, in the Investor Relations section.

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Preferred Apartment Communities, Inc. (NYSE: APTS) announced that Executive Chairman Daniel M. DuPree will retire from the Board of Directors effective June 3, 2021. DuPree, who has been with the company since its IPO in 2011 and served as Executive Chairman since January 2020, has over 48 years of experience in commercial real estate. He previously held roles at Cousins Properties Inc. (NYSE: CUZ). The company is focused on generating stable returns for stockholders through investments in Class A multifamily properties and shopping centers, owning 116 properties across 13 states as of December 31, 2020.

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Cousins Properties (NYSE: CUZ) has declared a cash dividend of $0.31 per common share for Q1 2021, marking a 3.3% increase from the previous quarter. This dividend will be payable on April 19, 2021, to shareholders of record as of April 6, 2021. Founded in 1958 and based in Atlanta, Cousins is a self-managed REIT specializing in Class A office buildings in high-growth Sun Belt markets. The company's strategy focuses on developing and managing high-quality real estate assets to enhance shareholder value.

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Cousins Properties (NYSE: CUZ) announced its fourth quarter and full year 2020 financial results, showcasing its commitment to shareholder value through investments in Class A office buildings in high-growth Sun Belt markets. The results will be discussed in a conference call scheduled for February 12, 2021, at 10:00 a.m. Eastern Time. Key metrics and detailed insights are available in the Earnings Release and Supplemental Information on their website.

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Cousins Properties (NYSE:CUZ) announced its year-end tax reporting for 2020 distributions. Key details include:

  • Distributions totaled $1.19 per share.
  • Ordinary dividends were reported at $0.00 across all payments.
  • Capital gain distributions were $1.19, with individual breakdowns listed per payment.

Stockholders are advised to consult tax advisors for implications as tax returns are pending.

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FAQ

What is the current stock price of Cousins Pptys (CUZ)?

The current stock price of Cousins Pptys (CUZ) is $21.34 as of January 18, 2024.

What is the market cap of Cousins Pptys (CUZ)?

The market cap of Cousins Pptys (CUZ) is approximately 3.6B.

CUZ Rankings

CUZ Stock Data

3.62B
166.25M
REIT - Office
Real Estate Investment Trusts
Link
United States
ATLANTA

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