Welcome to our dedicated page for Cousins Properties news (Ticker: CUZ), a resource for investors and traders seeking the latest updates and insights on Cousins Properties stock.
Cousins Properties Inc. (NYSE: CUZ) is a prominent real estate investment trust (REIT) based in Atlanta, GA. Founded in 1958, the company excels in the development, acquisition, financing, management, and leasing of high-quality real estate assets. With a diversified portfolio, Cousins Properties focuses prominently on Class A office buildings primarily located in high-growth Sun Belt markets.
Over its extensive history, Cousins has developed more than 20 million square feet of office space and an equal amount of retail space. The company’s real estate portfolio is mainly comprised of office and mixed-use developments, which include both apartments and retail spaces. Offices represent the majority of their square footage, contributing significantly to their revenue, which is primarily derived from rental income.
Cousins Properties is known for its innovative and sustainable developments and excellent management services. Their assets are concentrated in Texas and Georgia, with a smaller presence in North Carolina. The company's strategic investments aim to create and maintain value for shareholders, partners, and clients.
Recent updates include the release of their third quarter 2023 earnings and dividend declarations, emphasizing their ongoing financial health and commitment to shareholders. The company consistently updates its stakeholders through regular earnings conference calls and has made significant strides in maintaining and enhancing its portfolio’s value.
Cousins Properties operates through its fully integrated, self-administered, and self-managed structure, ensuring effective management of its business operations. With a strong emphasis on trophy assets and opportunistic investments, Cousins continues to grow and establish itself as a leader in the real estate sector.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Cousins Properties (NYSE:CUZ) will release its fourth quarter 2020 earnings on February 11, 2021, after market close. A conference call to discuss the earnings will take place on February 12, 2021, at 10:00 a.m. (Eastern Time), accessible via phone at (877) 247-1056 and through a live webcast on the Company's website. A playback option will be available from February 12 to February 19, 2021 at (877) 344-7529. Financial results will be posted on the Company's website following the earnings release.
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