Cousins Properties Inc. owns, develops, and manages real estate portfolio, as well as performs certain real estate-related services in the United States. The company operates through four divisions: Office/MultiFamily, Retail, Industrial, and Land. The company was founded in 1958 and is based in Atlanta, Georgia.
CUZ Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Cousins Properties Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Cousins Properties Inc ranked in the 39th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Cousins Properties Inc ended up being:
Cousins Properties Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 10.6% of tickers in our DCF set.
Cousins Properties Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 8.34% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Cousins Properties Inc? See WRI, CUBE, DEI, FR, and CTT.
Cousins Properties (NYSE: CUZ) announced today that its Board of Directors has declared a cash dividend of $0.30 per common share for the third quarter of 2020. The third quarter dividend will be payable on October 15, 2020, to common shareholders of record on October 5, 2020.
For August, Cousins Properties ([[CUZ]] +1.8%) reported office rent collections of 99% while retail rent collections stood at 57%.The top 20 customers paid 100%; flexible office and medical office customers paid 97% and 96% respectively.With 100% occupancy in sun belt compared to 43% by peers and 1.9M SF in development pipeline...