Type
|
Public company |
---|---|
Traded as | NYSE: CUZ S&P 400 component |
Founded | 1958 (1958) |
Founder | Tom Cousins |
Headquarters | Atlanta, Georgia |
Key people
|
S. Taylor Glover, Chairman Lawrence L. Gellerstedt III, CEO Gregg D. Adzema, CFO |
Revenue | $0.259 billion (2016) |
Net income
|
$0.080 billion (2016) |
Total assets | $4.171 billion (2016) |
Total equity | $2.455 billion (2016) |
Number of employees
|
279 (2016) |
Website | www |
Cousins Properties Incorporated is a publicly-traded real estate investment trust that invests in office buildings in Florida, Georgia, Arizona, Texas, and North Carolina. The company has developed notable properties including CNN Center, Omni Coliseum, 191 Peachtree Tower, and Emory Point in Atlanta.
As of December 31, 2016, the company owned 31 properties comprising 17.0 million square feet.
The company was founded in 1958 by Tom Cousins.
In 1962, the company became a public company via an initial public offering.
In 1965, the company built an office building in downtown Atlanta.
In the 1970s, the company expanded into regional malls, real estate finance, and insurance but pared back after the economy softened.
In 1987, Tom Cousins formed the Cousins Foundation and funded it with stock in the company.
In 2002, Thomas Cousins retired from his position as CEO, but remained chairman of the board of directors until the end of 2006, at which time he retired. R. Dary Stone also stepped down from the president and COO positions in 2002.
In 2004, the company partnered with Jim Wilson and Associates, Inc. to develop The Avenue at Carriage Crossing.
In 2006, the company sold Frost Bank Tower, which it developed in 2004, to Equity Office for $188 million. The company also sold Bank of America Plaza in Atlanta for $436 million. In 2012, the building was sold at a foreclosure auction for $235 million.
In 2013, the company acquired Park Oak Central Tower. It also acquired Greenway Plaza for $950 million.
In 2016, the company sold 191 Peachtree Tower for $268 million. The company also sold The Points at Waterview for $26.8 million and North Point Center East for $92.3 million.
In 2016, the company acquired Parkway Properties and spun off its Houston assets into Parkway, Inc.
In 2017, the company sold the American Cancer Society Building in Atlanta for $166 million.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-26 | Future report Set alerts | |
Q2 2022 | 2022-07-28 | 0.23 | 0.23 |
Q1 2022 | 2022-04-28 | 0.19 | 0.19 |
Q4 2021 | 2022-02-03 | 1.12 | 1.12 |
Q3 2021 | 2021-10-28 | 0.36 | 0.36 |
Q2 2021 | 2021-07-29 | 0.19 | 0.19 |
Q1 2021 | 2021-04-29 | 0.20 | 0.20 |
Q4 2020 | 2021-02-11 | 0.17 | 0.17 |
Q3 2020 | 2020-10-28 | 0.00 | 0.00 |
Q2 2020 | 2020-07-30 | 0.16 | 0.16 |
2016-01-07 | Upgrade | Robert W. Baird | Neutral to Outperform | $12.00 |
2015-11-24 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $12.00 to $11.00 |
2015-06-01 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $13.00 to $12.00 |
2015-02-13 | Reiterated Rating | Cantor Fitzgerald | Sell | $13.50 |
2015-01-13 | Downgrade | Robert W. Baird | Outperform to Neutral | $13.00 |
2014-12-03 | Downgrade | Bank of America | Buy to Neutral | |
2014-12-03 | Downgrade | Stifel Nicolaus | Buy to Hold | $13.50 |
2014-12-03 | Downgrade | Bank of America Corp. | Buy to Neutral | |
2014-10-21 | Initiated Coverage | SunTrust | Buy | |
2014-10-21 | Initiated Coverage | SunTrust Banks Inc. | Buy | |
2014-10-14 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $12.00 to $13.00 |
2014-09-10 | Initiated Coverage | Capital One Financial Corp. | Equal Weight | $14.00 |
2014-05-14 | Boost Price Target | Robert W. Baird | Outperform | $12.00 to $13.00 |
2014-05-12 | Upgrade | Stifel Nicolaus | Hold to Buy | $13.00 |
2014-04-23 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $11.00 to $12.00 |
2013-10-31 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $10.00 to $11.00 |
2013-09-17 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $10.00 |
2012-07-09 | Downgrade | Cantor Fitzgerald | Hold to Sell | |
2012-02-23 | Upgrade | Stifel Nicolaus | Hold to Buy | $9 |
2010-11-10 | Upgrade | Stifel Nicolaus | Hold to Buy | $9 |
2010-07-16 | Upgrade | Robert W. Baird | Neutral to Outperform | $8 to $9 |
2009-08-20 | Downgrade | Stifel Nicolaus | Hold to Sell | |
2009-06-15 | Initiated | Stifel Nicolaus | Hold | |
2008-09-30 | Initiated | Robert W. Baird | Neutral | $25 |
2008-05-14 | Reiterated | Lehman Brothers | Equal-Weight | $25 to $26 |
2008-02-26 | Reiterated | Lehman Brothers | Equal-weight | $24 to $25 |
2007-12-18 | Downgrade | Lehman Brothers | Overweight to Equal-weight | |
2007-11-07 | Reiterated | Lehman Brothers | Overweight | $32 to $30 |
2007-09-24 | Upgrade | Wachovia | Mkt Perform to Outperform | |
2007-02-07 | Reiterated | Lehman Brothers | Overweight | $38 to $40 |
2016-01-07 | Upgrade | Robert W. Baird | Neutral to Outperform | $12.00 |
2015-11-24 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $12.00 to $11.00 |
2015-06-01 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $13.00 to $12.00 |
2015-02-13 | Reiterated Rating | Cantor Fitzgerald | Sell | $13.50 |
2015-01-13 | Downgrade | Robert W. Baird | Outperform to Neutral | $13.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In CUZ 239 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Fund Advisors | 22.21M |
Vanguard Group, Inc | 21.94M |
BlackRock Inc. | 18.54M |
BlackRock Institutional Trust Company, N.A. | 14.24M |
PRINCIPAL FINANCIAL GROUP INC | 11.07M |
COHEN & STEERS INC | 9.30M |
APG Asset Management US Inc. | 8.70M |
STATE STREET CORP | 8.13M |
Shinko Asset Management Co., Ltd. | 6.63M |
COHEN & STEERS CAPITAL MANAGEMENT INC | 6.57M |
Boston Partners | 5.09M |
Daiwa Securities Group Inc. | 4.62M |
ALLIANCEBERNSTEIN L.P. | 4.42M |
TEACHERS ADVISORS INC | 3.70M |
DUFF & PHELPS INVESTMENT MANAGEMENT CO | 2.81M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
COUSINS THOMAS G Chairman Emeritus | 3.17% (6299598) | CUZ / |
GELLERSTEDT LAWRENCE L III President & CEO | 0.34% (665572) | CUZ / RKT / |
Glover S Taylor Chairman of the Board | 0.24% (485284) | CUZ / |
ADZEMA GREGG D EVP and CFO | 0.10% (194122) | CUZ / |
STONE R DARY | 0.09% (188463) | CUZ / |
MCCOLL JOHN S Executive Vice President | 0.07% (137431) | CUZ / |
Connolly Michael Colin Chief Investment Officer | 0.06% (127015) | CUZ / |
JONES CRAIG B Executive Vice President | 0.06% (123865) | CUZ / |
GIORNELLI LILLIAN C | 0.06% (116597) | CUZ / |
HANCE JAMES H JR | 0.05% (93768) | AYI / CG / CUZ / DUK / F / S / |
CANNADA CHARLES T | 0.05% (89768) | CUZ / PKY / |
PAYNE WILLIAM PORTER | 0.04% (85726) | CUZ / LNC / |
Roper Pamela F Senior Vice President | 0.04% (80293) | CUZ / |
Mixson Brenda J | 0.04% (76494) | CUZ / PKY / |
Casal Edward Manuel | 0.03% (63204) | CUZ / PKY / |
CHARLESWORTH TOM G | 0.03% (60030) | CUZ / |
Hyland Donna Westbrook | 0.03% (54449) | CUZ / GPC / |
CHAPMAN ROBERT M | 0.02% (44354) | CUZ / RKT / |
EDWARDS JAMES D | 0.02% (40024) | CUZ / HURN / |
Harris John D Jr Senior Vice President | 0.02% (39067) | CUZ / |
Jackson Robert M Senior Vice President | 0.02% (30347) | CONE / CUZ / |
Ellis James T SVP | 0.01% (26256) | CUZ / |
Cohn Michael I EVP | 0.01% (23345) | CUZ / |