|Bid||33.80 x 800|
|Ask||33.81 x 900|
|Day's Range||33.73 - 34.62|
|52 Week Range||30.12 - 40.40|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||66.02|
|Earnings Date||Oct 22, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||1.16 (3.35%)|
|1y Target Est||41.60|
GlenCastle, the former city stockade, stables and farm, will be turned into 70,000 square feet of office space focused on attracting creative class companies.
Cousins Properties (CUZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Building landlords and property managers in the central business district are deep into discussion about how to prepare their multimillion-dollar assets for convention week. A security perimeter will surround uptown, making access to events and venues — and everything in between — difficult. Daily functions for office buildings, including deliveries, tenant access, and building security, will be impacted.
With a portfolio focused on the high-growth Sun Belt market, Highwoods Properties (HIW) is well poised to benefit from favorable demand trends. Yet, higher dispositions may impede bottom-line growth.
Mack Cali's Q2 performance indicates a slowdown in leasing activity at its office and residential portfolios as well as a year-on-year decline in revenues.
Host Hotels & Resorts' (HST) Q2 performance reflects a decline in occupancy and comparable hotel RevPAR, as well as impact of The Marriott transformational capital program.
The 171 17th St. tower soars over Atlantic Station. Singapore real estate investment trust Prime US REIT just paid nearly $177 million for the 21-story tower, according to Fulton County property records. The price exceeds pre-recession values for the 510,000-square-foot office building, the first of several built in Midtown's 138-acre Atlantic Station development.
Welltower's (WELL) Q2 results reflect growth in same-store net operating income, buoyed by decent performance across all its operating segments.
American Tower's (AMT) solid Q2 performance indicates growth in property segmental revenues. Further, higher revenues from service segment and increase in cash from operations buoy results.
Higher lease revenues from development project completions and improvements in the company's in-service portfolio aid Boston Properties' (BXP) Q2 FFO.
Improving same-store net operating income and sequential growth in physical occupancy buoy UDR's Q2 performance, encouraging the company to revise its guidance for 2019.
While Extra Space Storage (EXR) registers growth in same-store revenues and NOI, same-store square foot occupancy shrinks year over year.
Alexandria Real Estate Equities' (ARE) Q2 funds from operations surpass estimates, backed by strong rental rate growth and higher NOI.
Vornado Realty's (VNO) Q2 performance highlights decline in occupancy at its New York, theMart and 555 California portfolios. Also, low leasing volumes in New York office portfolio dent results.
Bank of America is the major tenant at Cousins Properties-owned Bank of America Plaza today but will soon exit that 40-story tower, with the bank consolidating employees who work in that building and Hearst Tower into other properties in the central business district.
Overall, the earnings impact of the TIER transaction in 2019 and beyond remains unchanged from the Company's original expectations provided at the time the transaction was announced in March. Please note all numbers reflect the one-for-four reverse stock split completed in conjunction with the TIER transaction. In 2020, the company expects the earnings impact to be less than the annualized reduction in 2019 due to the delivery and associated rent commencement of TIER development properties at The Domain in Austin. For full year 2020, the company expects the TIER transaction to reduce FFO by approximately $0.06 to $0.12 per share, with a mid-point of $0.09 per share.