CUZ Cousins Properties (CUZ) Q1 FY26 earnings call
Cousins Properties reported a strong first quarter, driven by robust leasing activity and increased FFO guidance. The company is benefiting from reaccelerated Sunbelt migration and flight-to-quality trends, leading to an emerging shortage of premier lifestyle office space. Management continues to optimize its portfolio through strategic acquisitions and dispositions, while maintaining a disciplined capital allocation approach.
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CUZ operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Leased rate | 91.8%In the first quarter, our total office portfolio end period lease and weighted average occupancy percentages were 91.8% and 88.9%, respectively.Source: earnings call transcript | 92.8%For the quarter, our total office portfolio end-of-period lease and weighted average occupancy percentages were 92.8% and 89.4%, respectively.Source: earnings call transcript | +1 pt |
| Leased rate Atlanta | 89.3%Our Atlanta portfolio was 89.3% leased at first quarter end.Source: earnings call transcript | 91.6%With this quarter's outstanding activity, I'm pleased to say that Atlanta now stands at 91.6% leased with a lease-to-occupied spread of 5.9%.Source: earnings call transcript | +2.3 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.