Cousins Properties Incorporated (CUZ) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Cousins Properties Incorporated stock $9.13, price $29.60, that is 69.2% below the price, quality 45 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $15.25 – $33.35 · fair‑value band $9.13 – $23.79 · the $29.60 price screens above the $9.13 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
Follow Cousins Properties in your weekly email
Every Wednesday you see whether Cousins Properties is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Cousins Properties Incorporated is a fully integrated, self-administered and self-managed real estate investment trust. The Company acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high growth Sun Belt markets.
Show moreShow less
Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets, and opportunistic investments.
Cousins Properties Incorporated was founded in 1958 and is based in Georgia, Atlanta.
Stock analysis
Cousins Properties Incorporated (CUZ) currently trades at $29.60, while our model-based Fair Value estimate is $9.13, 69% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Dividend Discount group reads highest at a median of $19.53 per share, and 3 of the 15 models we run sit above the $29.60 price.
Bear case: the Growth DCF group reads lowest at $5.28, and 12 of the 15 models stay below the price. Data coverage for this calculation is high.
Scenario range: $9.13 (bear) to $23.79 (bull), the price of $29.60 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 45/100 (below-average quality), in the Real Estate sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Cousins Properties Incorporated reported revenue of $994M in FY2025 versus $755M in FY2021, a compound +7.1%/yr. Reported net income was $40.5M in FY2025, compounding −38.3%/yr from FY2021.
Key figures
Market cap $4.9B Mid · P/E ratio 739.9 · P/S ratio 4.77 · EPS (TTM) $0.0400 · Dividend yield 4.3% · Net margin 0.6% · Return on equity 0.2% · Return on assets (EBIT) 2.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (medium confidence).
What moves the price
The share trades about 7% below its 52-week high and 44% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −1% fair-value upside, at −69%, CUZ screens richer than that median.
Fair Value models
Bear$9.13Fair Value $9.13Bull$23.79
Price $29.60 · Downside -69.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director sold shares worth $177,612 and none bought.
SaleJeffrey D SymesSVP, Chief Accounting Officer6,033 shares at $29.44$177,612Aug 20, 2026
Plus 8 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+16.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.1%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.1%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
−22.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−27.0%
Dividend (yield on the price)4.3%
Per share before 2016divided by the spin-off factor 1.417
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−31.5% vs −15.1%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.24% → 22%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+34.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.1%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +31.7% a year for the price and +0.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Strong Sun Belt Class A portfolio drives leasing momentum and raised 2026 outlook while commoditized assets and sector headwinds constrain durable advantage.
Main risk: Hybrid work trends could limit office demand and thereby constrain leasing growth and revenue expansion.
Cousins Properties runs a fully Sun Belt Class A office portfolio with asking rents 28 percent above pre-pandemic levels and a near-record leasing pipeline after strong second-quarter activity. Management raised its 2026 outlook on that momentum and low leverage relative to peers. Will sustained demand in these markets deliver enough growth to justify current valuations or will hybrid work trends cap the upside?
Compare Cousins Properties Incorporated with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Office · 63 stocks
Beats the industry median on 3/15 measures
Overall it trails its industry peers.
Valuation
Quality Score45 · Below median
Fair Value upside−69.2% · Bottom 25%
Profitability
Return on equity (12 months)0.2% · Bottom 25%
Return on assets0.5% · Below median
Net margin (12 months)0.6% · Bottom 25%
Operating margin (12 months)24.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)11.6% · Top 25%
Dividend yield (12 months)4.3% · Below median
Balance sheet
Debt / equity0.71× · Above median
Valuation Multiplesvs REIT - Office median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Cousins Properties Incorporated (CUZ) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $9.13 versus a price of $29.60, about 69% lower (overvalued).
What is the fair value of CUZ?
Our model-based fair value for Cousins Properties Incorporated is $9.13 (as of Nov 6, 2026), built from audited fundamentals. The current price: $29.60.
What is the quality score of CUZ?
Cousins Properties Incorporated has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Cousins Properties Incorporated (CUZ)?
Our model-based price target is the fair value of $9.13 (as of Nov 6, 2026) from 16 valuation models. Cautious scenario $9.13, optimistic scenario $23.79. It is a calculation from audited fundamentals, not an analyst target.
What is the Cousins Properties Incorporated stock forecast for 2026?
Our models put fair value at $9.13, about 69% lower versus a price of $29.60 (overvalued). Cautious scenario $9.13, optimistic scenario $23.79. The calculation is refreshed regularly with new filings.
What is the revenue of Cousins Properties Incorporated (CUZ)?
Cousins Properties Incorporated reported trailing-twelve-month revenue of about $1.0B (latest available figure, as of Nov 6, 2026).
Does Cousins Properties Incorporated pay a dividend?
Cousins Properties Incorporated currently shows a dividend yield of 4.32% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Cousins Properties Incorporated (CUZ) and when is the ex-dividend date?
Cousins Properties Incorporated pays a dividend of $1.28 per share a year, a dividend yield of 4.3%. The last ex-dividend date was Oct 5, 2026. A dividend has been paid every year since at least 1985. Free cash flow covers the dividend 0.64 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into Cousins Properties Incorporated (CUZ)?
For today's price to be fair in a discounted-cash-flow model, Cousins Properties Incorporated would have to grow free cash flow by +34.8 % per year for five years (discount rate 10.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +6.1 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of CUZ use?
Our models discount Cousins Properties Incorporated at 10.2 %: a base by market capitalisation (mid), damped by beta 1.18, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Cousins Properties Incorporated that is +34.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.2 %) and the same formula as our fair value.
How much growth has Cousins Properties Incorporated (CUZ) delivered so far?
Over the past 5 years revenue at Cousins Properties Incorporated grew +6.1 % a year. The price currently implies free-cash-flow growth of +34.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Cousins Properties Incorporated (CUZ) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Cousins Properties Incorporated (+34.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Cousins Properties Incorporated (CUZ)?
The free-cash-flow yield on the price is 2.76 %: that much free cash flow Cousins Properties Incorporated produces per unit of market value. When it exceeds the discount rate of our models (10.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Cousins Properties Incorporated (CUZ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cousins Properties Incorporated it is $9.13 per share (as of Nov 6, 2026), against a price of $29.60. It is the blended result of 16 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Cousins Properties Incorporated stock overvalued or undervalued in 2026?
As of Nov 6, 2026, CUZ trades above its calculated fair value: price $29.60, fair value $9.13, a gap of about −69% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CUZ?
No. The price is what the market pays today ($29.60); the fair value is what the company's own numbers justify ($9.13). For Cousins Properties Incorporated the two are $20.47 per share apart. That gap is exactly why we show both numbers side by side.
How much is Cousins Properties Incorporated worth?
The market values Cousins Properties Incorporated at about $4.9B (market capitalisation, as of Nov 6, 2026). Per share that is $29.60; our models calculate a fair value of $9.13 per share.
What do the bullish and bearish scenarios say about CUZ?
Our models span a range for Cousins Properties Incorporated: cautious scenario $9.13, base $9.13, optimistic $23.79 per share (as of Nov 6, 2026, price $29.60). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of CUZ?
The PEG ratio of Cousins Properties Incorporated is 1.31 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Cousins Properties Incorporated (CUZ)?
Balance-sheet figures for Cousins Properties Incorporated (as of Nov 6, 2026): return on equity 0.2%, debt of 0.71 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is CUZ from its 52-week high?
Cousins Properties Incorporated trades at $29.60, about 7% below its 52-week high of $31.93 and 44% above the low of $20.58 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $9.13 is for.
Which stocks are comparable to Cousins Properties Incorporated?
From the same area (Real Estate) we also value BXP, Inc, MERLIN Properties SOCIMI, S.A, Alexandria Real Estate Equities, Inc, Vornado Realty Trust, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Cousins Properties Incorporated stock attractive at the current price?
The data as of Nov 6, 2026: price $29.60, calculated fair value $9.13 (−69%), Quality Score 45/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CUZ calculated?
We run Cousins Properties Incorporated through 16 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $9.13 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Cousins Properties Incorporated itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Cousins Properties Incorporated (CUZ)?
The closing price on Nov 6, 2026 was $29.60. Our model-based fair value is $9.13, about 69% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Cousins Properties Incorporated right now?
The price sits above even our optimistic bull case ($23.79). The favourable scenario is already priced in. Weak quality (45/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide ($9.13 to $23.79). The outcome hinges heavily on assumptions, so read the point estimate with caution. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Cousins Properties Incorporated
How large is the market capitalisation of Cousins Properties Incorporated (CUZ)?
The market capitalisation of Cousins Properties Incorporated is $4.9B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of Cousins Properties Incorporated (CUZ)?
The price-to-earnings ratio of Cousins Properties Incorporated is 739.9 (· median at FY-end 48.7 (7 FY)). Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of Cousins Properties Incorporated (CUZ)?
The price-to-sales ratio of Cousins Properties Incorporated is 4.77 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Cousins Properties Incorporated (CUZ)?
Earnings per share at Cousins Properties Incorporated are $0.0400 (price ÷ EPS = P/E 739.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Cousins Properties Incorporated (CUZ)?
The dividend yield of Cousins Properties Incorporated is 4.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Cousins Properties Incorporated (CUZ)?
The net margin of Cousins Properties Incorporated is 0.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Cousins Properties Incorporated (CUZ)?
The return on equity (ROE) of Cousins Properties Incorporated is 0.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Cousins Properties Incorporated (CUZ)?
On an EBIT basis the return on assets of Cousins Properties Incorporated is 2.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Cousins Properties Incorporated (CUZ)?
The operating margin of Cousins Properties Incorporated is 24.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cousins Properties Incorporated (CUZ)?
Revenue at Cousins Properties Incorporated is growing +11.6% versus a year earlier (3y avg +9.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Cousins Properties Incorporated (CUZ)?
Earnings per share at Cousins Properties Incorporated are growing +84.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Cousins Properties Incorporated (CUZ) carry?
The net debt of Cousins Properties Incorporated is $3.7B (fiscal year 2025, ≈ 27.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Cousins Properties Incorporated in the live analysis
One click puts Cousins Properties Incorporated on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 6, 2026