CUZ News and Press, Cousins Properties Incorporated From 09/07/21

I'm currently writing this article from my corner office in South Carolina. While many employers and employees are wrestling with the back-to-work conundrum, we're bullish that office space is a viable investment. In this article, we’ll focus on two of the larger office REI...

Analyst Anthony Powell initiated coverage of the U.S. real estate investment trust sector with a Positive view; he generally prefers Sunbelt names, even after their recent stock outperformance, saying strong population and income growth can help drive higher rent growth. Industrial is Powell'...

A new report from Bloomberg suggests that Apple will become the latest corporation to delay the return of its global workforce to the office (until at least January). Wells Fargo and Chevron have already postponed their September returns following an uptick in coronavirus cases, while Amazon ...

U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...

In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REIT company-level metrics have exhibited a substantial rebound over the last year as FFO and dividends...

A number of office REIT stocks slip after news that State Street is vacating its offices in New York City. SL Green Realty (NYSE:SLG), the largest publicly traded landlord of New York City office properties, falls 1.1%. JBG Smith (NYSE:JBGS) stock drops 1.2%. Paramount Group (NYSE:PGRE), with...

U.S. equity markets climbed to fresh record highs this past week as better-than-expected employment data eased some concern over threats of another potential wave of COVID-related economic restrictions. The U.S. economy added 942k jobs in July, while continuing jobless claims fel...

REIT earnings season has provided critical information on the state of the real estate industry - a much-needed check-in amid fears of a potential "fourth wave" of the COVID pandemic. Results were significantly better-than-expected with roughly 95% of equity REITs beating consensus FF...

Cousins Properties Incorporated (NYSE:CUZ) traded at a new 52-week high today of $40.63. So far today approximately 245,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares. Potential upside of 155.2% exists for Cousins Properties Incorporated, ba...

U.S. equity markets were mixed this week as disappointing "big tech" earnings and concerns over controversial COVID vaccine and mask mandates were offset by historically strong earnings results from domestic-focused companies. Retreating from the record-highs set last week, ...