Cousins Properties (CUZ) Stock Forecast & Price Target

Cousins Properties Inc. is well-positioned for growth due to anticipated increases in core occupancy and net effective rents, driven by strong leasing activity and limited lease expirations across its portfolio. The company’s robust financial outlook is further supported by a revised 2025 funds from operations (FFO) estimate, which has been raised to $2.84 per share, influenced by a recent acquisition in Dallas and improved return assumptions. Additionally, ongoing population and job growth in the Sunbelt markets where Cousins operates presents upside potential for enhanced leasing activity and revenue generation.

Cousins Properties Inc. faces a negative outlook due to a projected decline in occupancy rates, expected to decrease from 90.1% at the end of Q2 2025 to 89.2% by year-end 2025, largely attributed to the moveout of a major tenant, Bank of America. Additionally, broader economic concerns, including slumping national job growth and the potential for a recession, introduce substantial risks, particularly regarding reduced office employment and increased remote work, which could lead to tenants downsizing their office space. These factors have prompted a downward adjustment in the company’s price target, reflecting lower projections for price-to-Funds From Operations (P/FFO) and price-to-Net Asset Value (P/NAV).