|Bid||42.40 x 1000|
|Ask||42.42 x 800|
|Day's Range||42.31 - 42.65|
|52 Week Range||32.89 - 42.79|
|Beta (5Y Monthly)||1.03|
|PE Ratio (TTM)||36.10|
|Earnings Date||Apr 21, 2020 - Apr 26, 2020|
|Forward Dividend & Yield||1.16 (2.72%)|
|Ex-Dividend Date||Jan 01, 2020|
|1y Target Est||45.40|
When U.S. companies contemplate major expansions in the Sunbelt, Atlanta’s Midtown continues to emerge as a routine contender to land those projects. In a Feb. 6 earnings call with Wall Street analysts, Colin Connolly, president and CEO of Cousins Properties Inc. (NYSE: CUZ), one of the largest office landlords in the South, cited Midtown Atlanta and downtown Austin, Texas, as two of the region’s most rapidly urbanizing districts.
When U.S. companies contemplate major expansions in the Sunbelt, Atlanta’s Midtown continues to emerge as a routine contender to land those projects. In a recent call with Wall Street analysts, Colin Connolly, president and CEO of Cousins Properties Inc. (NYSE: CUZ), one of the largest office landlords in the South, cited Midtown and downtown Austin as two of the region’s most rapidly urbanizing districts. A lower cost of doing business, cheaper taxes, fewer regulations — that’s been the economic development pitch in the Sunbelt for a while.
Cousins Properties (CUZ) delivered FFO and revenue surprises of -1.35% and 3.02%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Cousins Properties (NYSE: CUZ) and Hines announced today that they have commenced development of 100 Mill, a 287,000 square foot, 18 story office tower in downtown Tempe, Arizona. Cousins has a 90% ownership interest and Hines has a 10% ownership interest in the joint venture developing the project.
Cousins Properties (NYSE: CUZ) has released its fourth quarter and full year 2019 results. Please visit the Investor Relations section of Cousins' website at www.cousins.com to access the Earnings Release, Supplemental Information and Form 10-K.
Positive economic growth, solid demand for housing and office properties, as well as and low interest rates are expected to have aided REITs' performance in Q4.
Alexandria's (ARE) Q4 results reflect decent internal and external growth, as well as continued strong leasing activity and rental-rate growth during the October-December period.
The new fund plans to target hard-to find opportunities near the end of the longest-ever U.S. economic expansion.
More Atlanta developers are showing confidence in new trophy office space along Georgia 400. The latest example comes from a joint venture between Maryland-based Federal Capital Partners, known more commonly as FCP, and Atlanta developer Greenstone Properties. FCP provided construction financing for a 6-story, $45 million to $50 million office building.
Since the end of the recession, Buckhead Village, once a collection of low-rise brick buildings and bars that poet James Dickey celebrated with his description of the Buckhead Boys, has seen a rapid transformation.
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The influx of people living in Buckhead has focused attention on the need for greater walkability and more public spaces.
While Cousins Properties' (CUZ) focus to enhance its portfolio in the Sun Belt markets by banking on healthy traits is a strategic fit, higher office completions in 2020 remains a concern.
Cousins Properties (NYSE: CUZ) announced today that it will release its Fourth Quarter 2019 earnings after the market closes on Wednesday, February 5, 2020. Cousins will hold its Fourth Quarter 2019 earnings conference call on Thursday, February 6, 2020 at 11:00 a.m. (Eastern Time). The number for this call is (877) 247-1056. The live webcast of this call can be accessed on the Company's website, www.cousins.com, through the "Cousins Properties Fourth Quarter Conference Call" link on the Investor Relations page.
Tower buyouts amid favorable trends in mobile-data usage are beneficial for American Tower (AMT). However, accelerated carrier consolidation-driven churn might hinder results.
Medical Properties (MPW) buyout of a portfolio of 30 acute care hospital facilities will offer strong GAAP returns and higher normalized funds from operations.
Mack-Cali Realty's (CLI) capital redeployment efforts will strengthen its multi-residential and waterfront Class-A office portfolios. Yet, large-scale dispositions are a concern for the company.
As part of its decision to offload the entire sub-urban office portfolio, Mack-Cali Realty (CLI) will sell two sub-urban office portfolios, totaling 2.4 million square feet of space, for $288.8 million.
Boston Properties' (BXP) 4th and Harrison development project in Central SoMa District to offer premium office space, street-level micro retail, onsite childcare and vast open public areas.