Company profile

Ticker
CUZ
Exchange
CEO
M. Colin Connolly
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
580869052

CUZ stock data

(
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FINRA relative short interest over last month (20 trading days) ?

Calendar

5 Feb 20
7 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 194.44M 188.32M 142.02M 132.73M
Net income 117.11M 20.37M -22.41M 35.34M
Diluted EPS 0.9 0.14 -0.2 0.08
Net profit margin 60.23% 10.82% -15.78% 26.63%
Operating income 126M 120.64M 97.42M 87.73M
Net change in cash 3.21M 511K 8.43M 909K
Cash on hand 15.6M 12.4M 11.89M 3.46M
Cost of revenue 66.31M 65.65M 46.71M 43.49M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 657.52M 475.21M 466.19M 259.21M
Net income 150.42M 79.16M 216.28M 79.11M
Diluted EPS 1.17 0.75 2.08 0.31
Net profit margin 22.88% 16.66% 46.39% 30.52%
Operating income 431.79M 326.06M 313.21M 260.28M
Net change in cash 13.06M -146.38M 113.24M 33.68M
Cash on hand 15.6M 2.55M 148.93M 35.69M
Cost of revenue 222.15M 164.68M 163.88M 96.91M

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
18 Feb 20 Scott W Fordham Common Stock Sell Dispose S 42.6011 35,000 1.49M 235,040
10 Feb 20 John D Harris Jr Common Stock Payment of exercise Dispose F 41.82 1,818 76.03K 11,113
10 Feb 20 John D Harris Jr Common Stock Option exercise Aquire M 21.28 2,767 58.88K 12,931
10 Feb 20 John D Harris Jr Stock Option Common Stock Option exercise Dispose M 21.28 2,767 58.88K 0
10 Feb 20 Lawrence L Gellerstedt Iii Common Stock Payment of exercise Dispose F 41.82 16,172 676.31K 163,027
10 Feb 20 Lawrence L Gellerstedt Iii Common Stock Option exercise Aquire M 21.28 22,142 471.18K 179,199
10 Feb 20 Lawrence L Gellerstedt Iii Stock Options Common Stock Option exercise Dispose M 21.28 22,142 471.18K 0
6 Feb 20 Richard G IV Hickson Common Stock Payment of exercise Dispose F 41.29 149 6.15K 12,217
99.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 309 305 +1.3%
Opened positions 46 51 -9.8%
Closed positions 42 57 -26.3%
Increased positions 106 105 +1.0%
Reduced positions 100 103 -2.9%
13F shares
Current Prev Q Change
Total value 77.25B 56.86B +35.9%
Total shares 145.93M 141.47M +3.1%
Total puts 51.1K 65.6K -22.1%
Total calls 9.1K 0 +Infinity%
Total put/call ratio 5.6 Infinity NaN%
Largest owners
Shares Value Change
Vanguard 21.53M $887.08M +0.5%
BLK BlackRock 19.34M $796.71M +13.0%
PFG Principal Financial 8.76M $360.85M -5.8%
STT State Street 7.01M $288.8M -9.7%
Alliancebernstein 4.18M $172.19M +2.4%
DSECF Daiwa Securities 4M $164.62M +19.6%
CNS Cohen & Steers 3.97M $163.48M +19.6%
APG Asset Management US 3.1M $127.8M -7.8%
NTRS Northern Trust 3.02M $124.49M +0.0%
JPM JPMorgan Chase & Co. 2.92M $120.18M -10.2%
Largest transactions
Shares Bought/sold Change
DB Deutsche Bank 2.51M +2.37M +1680.0%
BLK BlackRock 19.34M +2.22M +13.0%
Norges Bank 1.69M +1.69M NEW
Heitman Real Estate Securities 0 -1.4M EXIT
Zimmer Partners 1.83M -1.27M -41.0%
STT State Street 7.01M -753.7K -9.7%
American Century Companies 1.37M +721.34K +111.9%
DSECF Daiwa Securities 4M +653.71K +19.6%
CNS Cohen & Steers 3.97M +651.51K +19.6%
Victory Capital Management 24.82K -627.18K -96.2%

Financial report summary

?
Risks
  • Our ownership of commercial real estate involves a number of risks, the effects of which could adversely affect our business.
  • At certain times, interest rates and other market conditions for obtaining capital are unfavorable, and, as a result, we may be unable to raise the capital needed to invest in acquisition or development opportunities, maintain our properties, or otherwise satisfy our commitments on a timely basis, or we may be forced to raise capital at a higher cost or under restrictive terms, which could adversely affect returns on our investments, our cash flows, and results of operations.
  • Any additional indebtedness incurred may have a material adverse effect on our financial condition and results of operations.
  • Covenants contained in our Credit Facility, senior unsecured notes, term loans, and mortgages could restrict our operational flexibility, which could adversely affect our results of operations.
  • Our degree of leverage could limit our ability to obtain additional financing or affect the market price of our securities.
  • Changes in, or a discontinuation of, LIBOR could have an adverse impact on operations.
  • We face risks associated with operating property acquisitions.
  • We face risks associated with the development of real estate.
  • We may be unable to integrate the business of TIER successfully and realize the related benefits, or do so within the anticipated time frame.
  • As a result of the Merger, the composition of our Board of Directors has changed.
  • Our future results will suffer if we do not effectively manage our operations following the Merger.
  • We are dependent upon the services of certain key personnel, including members of the Board of Directors, the loss of any of whom could adversely impact our ability to execute our business.
  • Employee misconduct or misconduct by members of the Board of Directors could adversely impact our ability to execute our business.
  • Our restated and amended articles of incorporation contain limitations on ownership of our stock, which may prevent a change in control that might otherwise be in the best interest of our stockholders.
  • The market price of our common stock may fluctuate.
  • If our future operating performance does not meet the projections of our analysts or investors, our stock price could decline.
  • We face risks associated with security breaches through cyber attacks, cyber intrusions, or otherwise, as well as other significant disruptions of our information technology (IT) networks and related systems.
  • Any failure to continue to qualify as a REIT for federal income tax purposes could have a material adverse impact on us and our stockholders.
  • Certain property transfers may be characterized as prohibited transactions.
  • We may face risks in connection with Section 1031 Exchanges.
  • Recent changes to the U.S. tax laws could have an adverse impact on our business operations, financial condition, and earnings.
  • Our business could be adversely impacted if we have deficiencies in our disclosure controls and procedures or internal control over financial reporting.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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