Cousins Properties
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Cousins Properties (CUZ) investor relations material

Cousins Properties Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary30 Oct, 2026

Executive summary

  • Strong leasing, rent growth and operating performance lifted Q3 FFO and supported higher FY26 FFO guidance; year-end occupancy target is 90%.

  • Portfolio actions included selling One Eleven Congress, investing in 5th & Walsh preferred equity and forming a Dallas land joint venture.

Financial highlights

  • Q3 FFO was $123.8M, or $0.75/share, versus $116.5M, or $0.69/share, a year earlier; revenue was $259.4M versus $248.3M.

  • Q3 net income available to common stockholders was $17.0M, or $0.10/share, versus $8.6M, or $0.05/share; 9M net income was $18.3M, or $0.11/share.

  • 9M FFO was $371.3M, or $2.23/share, versus $358.9M, or $2.13/share.

  • 9M results included a $36.6M impairment related to One Eleven Congress and a $9.2M gain on the Research Park V sale.

Outlook and guidance

  • FY26 FFO guidance increased to $2.95–$2.99/share from $2.92–$2.98; net income guidance rose to $0.14–$0.18/share from $0.08–$0.14.

  • Higher FFO guidance primarily reflects leasing activity and fee income above prior forecasts; it assumes a Q4 sale of 303 Tremont land.

  • Guidance excludes settlement of 3.9M forward-sold common shares and speculative acquisitions, dispositions or development starts.

  • Year-end occupancy target remains 90%; longer-term ambition is 92%–93%+, with timing dependent on balancing occupancy gains and rental-rate growth.

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Frequently asked questions

Cousins Properties Incorporated is a real estate investment trust that acquires, develops, and manages Class A office properties. Its portfolio is concentrated in high-growth Sun Belt markets such as Atlanta, Austin, and Charlotte, and serves a range of corporate tenants across sectors. The company focuses on urban office districts with strong demand and long-term leasing potential. The company is headquartered in Atlanta, Georgia, and its shares are listed on the NYSE.