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 42th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 30.67%. 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 8%; for context, that number is higher than merely 9.31% 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 only 9.85% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CUZ, try CUBE, RMAX, VTR, PSB, and LAMR.
Cousins Properties (NYSE:CUZ) announced today the year-end tax reporting information for its 2020 distributions. For the tax year ended December 31, 2020, distributions for Cousins' common stock are classified as follows:
Incorporating its recent upgrades, Baird has updated its Top Five coverage list in office/industrial names to reflect a new weighting between the two areas. It now points to a 44%/56% weighting between Office and Industrial, and it's removing Cousins Properties (CUZ), Hudson Pacific Properties (HPP) and Piedmont Office Realty Trust...
Cousins Properties (NYSE:CUZ) announced today that it will release its fourth quarter 2020 earnings after the market closes on Thursday, February 11, 2021. Cousins will hold its fourth quarter 2020 earnings conference call on Friday, February 12, 2021 at 10:00 a.m. (Eastern Time). The number for this call is (877) 247-1056. The live webcast of this call can be accessed on the Company's website, www.cousins.com, through the "Cousins Properties Fourth Quarter Conference Call" link on the Investor Relations page.