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Recent Updates — CUZ

July 30, 2026View Source ↗

Cousins Properties Incorporated reported second quarter 2026 financial results and raised its full-year earnings guidance. For the quarter ended June 30, 2026, net income available to common stockholders was $26.2 million ($0.16 per share), compared to $14.5 million ($0.09 per share) in the prior year period, driven primarily by a $9.2 million gain on the sale of an investment property. Funds From Operations (FFO) reached $124.6 million ($0.75 per share), up from $117.5 million ($0.70 per share). The company leased 924,000 square feet of office space, raising its portfolio lease-up rate to 92.8%, the highest level since Q1 2020. Same property net operating income increased 5.9% on a cash basis. Management raised 2026 FFO guidance to $2.92–$2.98 per share and net income guidance to $0.08–$0.14 per share. Cousins Properties is a fully integrated real estate investment trust that invests in Class A office buildings in high-growth Sun Belt markets.