Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $10.75 USD
Change Today 0.00 / 0.00%
Volume 1.3M
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

cousins properties inc (CUZ) Snapshot

Open
$10.81
Previous Close
$10.75
Day High
$10.89
Day Low
$10.70
52 Week High
09/8/14 - $13.30
52 Week Low
05/5/15 - $9.40
Market Cap
2.3B
Average Volume 10 Days
2.4M
EPS TTM
$0.16
Shares Outstanding
216.6M
EX-Date
05/13/15
P/E TM
65.5x
Dividend
$0.32
Dividend Yield
2.88%
Current Stock Chart for COUSINS PROPERTIES INC (CUZ)

cousins properties inc (CUZ) Related Businessweek News

No Related Businessweek News Found

cousins properties inc (CUZ) Details

Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, as well as performs certain real estate-related services in the United States. The company operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land. The Office/Multi-Family division develops and manages office projects primarily in Austin, Dallas, Charlotte, Birmingham, and Atlanta; develops and sells multi-family projects in urban locations in the southeastern United States; and manages and leases office properties owned by third parties. It also develops mixed use projects that contain multiple product types in communities where individuals live, work, and seek entertainment. As of December 31, 2006, this division owned interests in 20 operating office properties; and had 5 office or multi-family projects under development or redevelopment. The Retail division develops and manages retail shopping centers principally in Georgia, Tennessee, North Carolina, Texas, and Florida. As of the above date, this division owned 10 operating retail properties; and had 3 projects and 1 expansion under development. The Industrial division develops institutional warehouse and distribution properties in the metropolitan Atlanta area and the Dallas market. As of December 31, 2006, this division owned one operating industrial property and three projects under development. The Land division engages in the acquisition and entitlement of land, the development and sale of residential lots, and the acquisition and sale of certain undeveloped tracts of land to third parties. As of the above date, this division had 24 residential communities under development. The company qualifies as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Cousins Properties was founded in 1958 and is based in Atlanta, Georgia.

257 Employees
Last Reported Date: 05/7/15
Founded in 1958

cousins properties inc (CUZ) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $650.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $390.0K
Executive Vice President
Total Annual Compensation: $341.5K
Chief Investment Officer and Senior Vice Pres...
Total Annual Compensation: $325.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2014.

cousins properties inc (CUZ) Key Developments

Cousins Properties Incorporated Signs Transocean Ltd. Renewal and Provides Houston Update

Cousins Properties Incorporated announced that it has signed a lease renewal with Transocean Ltd. for 255,413 square feet at Greenway Plaza in Houston, TX. This 255,413 square foot transaction renews 100% of their current space at 4 Greenway Plaza and extends their expiration on this space from January 2017 to January 2023. Transocean also currently occupies an additional 13,552 square feet of space in 3800 Buffalo Speedway at Greenway Plaza which expires January 2017. Greenway Plaza is a 4.5 million square-foot Class A office complex located in the Greenway submarket of Houston, TX. With the Transocean renewal, leasing at Greenway Plaza now stands at 90%. Bob Boykin, Warren Savery, Bubba Harkins and Will Hightower represented Cousins in this transaction.

Cousins Properties Incorporated Reports Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2015; Revises Earnings Guidance for the Year Ending December 31, 2015

Cousins Properties Incorporated reported unaudited consolidated financial results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of $91,976,000 compared to revenues of $81,723,000 for the same period a year ago. Income from continuing operations before taxes, unconsolidated joint ventures, and sale of investment properties was $5,052,000 compared to loss of $1,584,000 last year. Income from continuing operations before gain on sale of investment properties was $6,663,000 compared to loss of $286,000 last year. Income from continuing operations was $7,768,000 compared to loss from operations of $125,000 last year. Net income was $7,203,000 compared to $7,132,000 last year. Net income attributable to controlling interests was $7,203,000 compared to $6,977,000 last year. Net income available to common stockholders was $7,203,000 or $0.03 per basic and diluted share compared to $5,200,000 or $0.03 per basic and diluted share last year. Income from continuing operations attributable to controlling interest was $0.04 per basic and diluted share compared to loss from continuing operations attributable to controlling interest of $0.01 per basic and diluted share last year. Funds from operations available to common stockholders were $45,935,000 or $0.21 per share compared with $36,182,000 or $0.19 per share last year. Total net operating income was $58,053,000 compared to $50,018,000 last year. For the year ending December 31, 2015, the company expects to report FFO in the range of $0.82 to $0.86 per share, up from its previously provided guidance of $0.81 to $0.85 per share. This updated guidance reflects management's view of current and future market conditions, as well as the earnings impact of events referenced in this release and during scheduled conference call. The company's increased 2015 FFO guidance is driven by realized and forecast gains on land sales. The company leaves unchanged all other previously provided components of its 2015 FFO guidance.

Cousins Properties Incorporated Appoints Robert M. Chapman as Board of Director

Cousins Properties Incorporated announced that Robert M. Chapman has been elected to its Board of Directors as of May 5, 2015.  Mr. Chapman is the Chief Executive Officer of CenterPoint Properties Trust.  Prior to joining CenterPoint, Mr. Chapman held executive positions with real estate firms across the country, including Duke Realty Corporation and RREEF Management Company.  He is also a director of the Rock-Tenn Company and an Adviser to First Century Energy Holdings.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CUZ:US $10.75 USD 0.00

CUZ Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Lexington Realty Trust $8.46 USD -0.13
Pennsylvania Real Estate Investment Trust $21.91 USD +0.16
Post Properties Inc $56.71 USD +0.61
PS Business Parks Inc $72.88 USD -0.15
Sovran Self Storage Inc $89.05 USD +0.31
View Industry Companies
 

Industry Analysis

CUZ

Industry Average

Valuation CUZ Industry Range
Price/Earnings 66.2x
Price/Sales 6.3x
Price/Book 1.4x
Price/Cash Flow 12.0x
TEV/Sales 4.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COUSINS PROPERTIES INC, please visit www.cousinsproperties.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.