COUSINS PROPERTIES INC

Cousins Properties Incorporated (CUZ) has filed an 8-K report detailing its financial results for the quarter ended September 30, 2026. The filing includes a Press Release and Quarterly Information Package, which provides comprehensive information on the company's financial condition and operational performance during the period. This information is available on the company's investor relations website.

Cousins Properties reported strong second quarter 2026 results, with net income available to common stockholders at $26.2 million ($0.16 per share) and FFO at $124.6 million ($0.75 per share), both up from the prior year. The company achieved a 5.9% increase in same property NOI on a cash-basis and leased 924,000 square feet of office space, bringing the portfolio to 92.8% leased. Strategic activities included closing a new $1.2 billion credit facility and completing several property transactions, leading to a raised 2026 earnings guidance midpoint.

Cousins Properties Inc. provided an investor presentation at the Wells Fargo 29th Annual Real Estate Securities Conference, highlighting its premier Sun Belt lifestyle office portfolio. The presentation emphasized the company's strong position to benefit from powerful office trends like flight to quality and Sun Belt migration. Key financial strengths include $988 million in liquidity and the lowest leverage in the office sector, alongside a forecast of 12.2% earnings growth between 2023 and 2026.

Cousins Properties Inc. reported a net loss of $(24.9) million for Q1 2026, a significant decline from a net income of $20.9 million in Q1 2025, with EPS falling to $(0.15) from $0.12. This was primarily impacted by a $36.6 million operating property impairment. Rental property revenues increased by 7.4% to $261.1 million, while interest expense rose by 22.6%. The company also acquired 300 South Tryon for $317.5 million, sold Harborview Plaza for $39.5 million, and extended its Credit Facility to April 2031 with increased capacity.

Cousins Properties reported a Q1 2026 net loss of $24.9 million, or $0.15 per share, primarily due to an impairment charge, while Funds From Operations (FFO) was $0.73 per share. The company achieved strong operational results with a 5.5% increase in same property NOI and executed 932,000 square feet of office leases. CUZ also acquired a $317.5 million property, sold another for $39.5 million, issued $500 million in senior notes, and repurchased 3.9 million shares. The company raised its 2026 FFO guidance to $2.90-$2.98 per share, driven by share repurchases and favorable debt financings.