Cousins Properties (CUZ) Stock Forecast & Price Target

Cousins Properties Inc. is experiencing positive momentum with anticipated increases in core occupancy and net effective rents due to healthy leasing activity and minimal lease expirations. The company's financial outlook has been further strengthened by an upward revision of its 2025 FFO estimate to $2.84 per share, bolstered by a recent acquisition in Dallas and improved cash return assumptions. Additionally, the potential for continued population and job growth in its primary markets and opportunities for increased leasing activity may provide further upside to the company’s performance.

Cousins Properties Inc. is projected to experience a decline in occupancy rates, with expectations of 89.2% by year-end 2025, primarily influenced by the loss of Bank of America as a tenant, despite some offset from new leasing activity. Additionally, challenges such as slumping national job growth and potential recessions raise concerns regarding office-using employment, further affecting long-term rental income stability. The outlook is compounded by the ongoing trend of remote work, which could lead to tenants decreasing their office space, ultimately impacting revenue generation negatively.