Oct 29, 4:32 PM ET
Cousins Properties reported third-quarter 2026 results, with FFO of $123.8 million, or $0.75 per share, up from $116.5 million, or $0.69 per share, a year earlier. The company raised its 2026 FFO guidance to $2.95 to $2.99 per share from $2.92 to $2.98, which matters to shareholders because it signals higher expected recurring cash earnings for the year.
- Q3 2026 net income available to common stockholders was $17.0 million, or $0.10 per share, versus $8.6 million, or $0.05 per share, in Q3 2025.
- 2026 FFO per share guidance raised to $2.95 to $2.99 from $2.92 to $2.98; net income guidance raised to $0.14 to $0.18 per share from $0.08 to $0.14.
- Nine-month net income available to common stockholders was $18.3 million, or $0.11 per share, down from $44.0 million, primarily due to an impairment charge.
- Same property cash-basis NOI rose 7.4% in Q3 2026, and the company sold One Eleven Congress in Austin for a gross sales price of $208.0 million.
Read the filing on SEC.gov ↗
Jul 30, 4:20 PM ET
Cousins Properties reported second-quarter 2026 net income available to common stockholders of $26.2 million, or $0.16 per share, up from $14.5 million a year earlier, mainly due to a gain on the sale of an investment property. Funds from operations (FFO) rose to $124.6 million, or $0.75 per share, and the company raised its 2026 net income and FFO per share guidance, which matters to shareholders because it signals higher expected earnings for the year, though first-half net income fell sharply due to an impairment charge.
- Q2 2026 net income available to common stockholders was $26.2 million, or $0.16 per share, compared with $14.5 million, or $0.09 per share, in Q2 2025.
- Q2 2026 FFO was $124.6 million, or $0.75 per share, compared with $117.5 million, or $0.70 per share, in Q2 2025.
- 2026 FFO guidance is now $2.92 to $2.98 per share, up from $2.90 to $2.98; net income guidance is $0.08 to $0.14 per share, up from $0.02 to $0.10.
- Six-month 2026 net income available to common stockholders fell to $1.3 million, or $0.01 per share, from $35.4 million, mainly due to a $36.6 million operating property impairment.
Read the filing on SEC.gov ↗
Apr 29, 4:17 PM ET
Cousins Properties reported a first-quarter 2026 net loss to common stockholders of $24.9 million, or $0.15 per share, versus net income of $20.9 million, or $0.12 per share, a year earlier, mainly due to a $36.6 million operating property impairment. Funds from operations (FFO) was $122.9 million, or $0.73 per share, down from $0.74 a year earlier, and the company lowered its 2026 net income per share guidance while raising its FFO per share guidance.
- Q1 2026 net loss to common stockholders of $24.9 million ($0.15 per share) vs. net income of $20.9 million ($0.12 per share) in Q1 2025
- Q1 2026 FFO of $122.9 million ($0.73 per share) vs. $124.8 million ($0.74 per share) in Q1 2025
- 2026 net income guidance cut to $0.02 to $0.10 per share from $0.23 to $0.33, primarily due to the first-quarter impairment charge
- 2026 FFO guidance raised to $2.90 to $2.98 per share from $2.87 to $2.97, driven mainly by share repurchases and debt financing terms
Read the filing on SEC.gov ↗
Apr 1, 4:41 PM ET
Cousins Properties signed a new $1.2 billion unsecured credit agreement on April 1, 2026, which replaces and extends its existing revolving line of credit to April 1, 2031. The company also extended the maturities of two term loans, to March 3, 2028 and August 15, 2027, and updated their pricing tied to its debt ratings.
- New credit facility allows borrowing of up to $1.2 billion, subject to certain conditions
- Revolving line maturity extended from April 30, 2027 to April 1, 2031
- Delayed Draw Term Loan final maturity set at March 3, 2028; Amended and Restated Term Loan final maturity set at August 15, 2027
- Facility proceeds may repay debt, fund acquisitions, development or renovation, and support working capital and general corporate purposes
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
