CUZ vs HIW vs JBGS Stock Comparison

Cousins Properties, Highwoods Properties and JBG SMITH Properties Prices as of Oct 29, 2026 Peers: Industry group
CUZ Cousins Properties Inc
$29.09 +5.4% 1M +14.6% 1Y
Market cap
$4.84B
P/E
326.3x
Revenue (TTM)
$1.05B
Div. yield
0.04%
Office REITs Real Estate
5 wins
JBGS JBG SMITH Properties
$12.02 +18.9% 1M -40.3% 1Y
Market cap
$692.41M
P/E
–
Revenue (TTM)
$508.41M
Div. yield
0.06%
Office REITs Real Estate
1 win

Head to Head

11 decided of 12

Cousins Properties leads on 5 of the 12 questions below (Cousins Properties 5, Highwoods Properties 5, JBG SMITH Properties 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCUZHIWJBGSLeader
Larger companyMarket capitalisation $4.84B $3.41B $692.41M CUZ
Cheaper on earningsLower P/E, profitable companies only 326.3x 18.4x -4.5x HIW
Cheaper on forward earningsLower price / next fiscal year consensus EPS 138.5x 26.7x — HIW
Faster revenue growthRevenue growth, trailing twelve months +8.5% +5.4% -1.1% CUZ
More profitableNet margin, trailing twelve months 1.4% 21.7% -30.3% HIW
Better return on capitalReturn on invested capital — — -1.3% –
Less leveragedLower net debt / EBITDA 31.3x — 16.9x JBGS
Higher dividend yieldTrailing dividend yield 0.04% 0.06% 0.06% HIW
Better 1-year returnPrice return, last 12 months +14.6% +7.2% -40.3% CUZ
Better 5-year returnAnnualised price return, 5 years -6.0%/yr -7.5%/yr -16.1%/yr CUZ
Less volatileAnnualised volatility, 1 year 26.9% 29.4% 34.5% CUZ
Higher overall scoreMean of the five percentile scores vs peers 30/100 47/100 24/100 HIW

Percentile Scorecard

CUZHIWJBGS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCUZHIWJBGS
Valuation 35 #95 of 145 54 #68 of 145 31 #100 of 145
Growth 30 #101 of 143 35 #93 of 143 12 #126 of 143
Profitability 31 #94 of 136 60 #55 of 136 4 #131 of 136
Financial Health 39 #85 of 138 29 #98 of 138 11 #123 of 138
Shareholder Returns 15 #112 of 131 59 #55 of 131 61 #52 of 131
Overall 30 47 24
  • CUZ ranked among 149 companies in Property REITs
  • HIW ranked among 149 companies in Property REITs
  • JBGS ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCUZHIWJBGSSPY
1 month +5.4%+6.3%+18.9% +0.7%
3 months -8.9%-9.9%-14.8% +3.7%
6 months +13.6%+25.3%-19.9% +7.1%
Year to date +12.8%+17.9%-29.3% +12.8%
1 year +14.6%+7.2%-40.3% +11.9%
3 years +62.3%+70.0%-7.3% +85.2%
3 years, per year +17.5%+19.4%-2.5% +22.8%
5 years -26.6%-32.1%-58.4% +67.6%
5 years, per year -6.0%-7.5%-16.1% +10.9%
10 years -5.9%-37.6%— +262.0%
10 years, per year -0.6%-4.6%— +13.7%

Risk

MeasureCUZHIWJBGSSPY
Volatility, 1Y 26.9%29.4%34.5% 12.7%
Downside volatility, 1Y 28.4%31.8%39.6% 12.6%
Beta vs S&P 500, 1Y 0.580.540.16 1.00
Return / volatility, 1Y 0.540.24-1.17 0.94
Max drawdown, 5Y -58.2%-62.9%-67.3% -25.4%
From 52-week high -9.9%-11.5%-40.3% -1.2%
52-week high $32.30$34.39$20.13 $779.14
52-week low $21.34$20.58$10.05 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCUZHIWJBGS
P/E now vs peer median 322.8xmedian 25.7x 18.1xmedian 25.7x -4.6xmedian 25.7x
P/S now vs peer median 4.6xmedian 4.1x 3.9xmedian 4.1x 1.8xmedian 4.1x
EV/EBITDA now vs peer median 73.3xmedian 14.3x —median 14.3x 23.1xmedian 14.3x
P/FCF now vs peer median -20.8xmedian 23.5x -9.2xmedian 23.5x -13.5xmedian 23.5x
P/B now vs peer median 1.1xmedian 1.3x 1.3xmedian 1.3x 0.8xmedian 1.3x
PEG now vs peer median -6.96median 1.86 1.93median 1.86 0.04median 1.86

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCUZHIWJBGS
Revenue $1.05B $851.95M $508.41M
Gross profit $715.60M – –
Operating income -$314.84M – –
Net income $15.11M $193.92M -$186.68M
Free cash flow -$229.86M -$366.24M -$66.16M
EPS (diluted) $0.09 $1.65 $-2.64
Cash & equivalents $5.21M $279.21M $74.80M
Total debt $3.58B $3.51B $10.02B
Shares (diluted) 165.79M 112.32M 58.28M
Enterprise value $4.82B $2.92B $398.12M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCUZHIWJBGS
P/E 322.8x 18.1x -4.6x
P/FCF -20.8x -9.2x -13.5x
P/Operating cash flow 11.3x 8.9x 14.7x
P/S 4.6x 3.9x 1.8x
P/B 1.1x 1.3x 0.8x
P/Tangible book 1.1x 1.5x 0.8x
EV/EBITDA 73.3x – 23.1x
EV/EBIT -26.6x – -70.7x
EV/Revenue 8.0x 7.7x 6.6x
EV/FCF -36.4x -18.0x -50.7x
EV/Operating cash flow 19.8x 17.4x 55.2x
PEG (3Y EPS CAGR) -6.96 1.93 0.04

Growth

14 metrics
MetricCUZHIWJBGS
Revenue growth (1Y) 8.5% 5.4% -1.1%
Revenue CAGR (3Y) 9.3% 0.5% -5.6%
Gross profit growth (1Y) 8.5% – –
Gross profit CAGR (3Y) 10.3% – –
Operating income growth (1Y) -32.4% – –
Operating income CAGR (3Y) -20.0% – –
Net income growth (1Y) -74.1% 49.5% -4.3%
Net income CAGR (3Y) -44.7% 11.2% -83.2%
EPS growth (1Y) -73.8% 46.0% -17.4%
EPS CAGR (3Y) -46.4% 9.4% -113.4%
Operating cash flow growth (1Y) 1.4% 4.5% -39.5%
Operating cash flow CAGR (3Y) 4.5% -0.6% -27.6%
Free cash flow growth (1Y) 75.0% -176.2% 42.6%
Free cash flow CAGR (3Y) -64.9% -66.8% 40.8%

Profitability

14 metrics
MetricCUZHIWJBGS
Gross margin 68.4% – –
EBITDA margin 10.9% – 28.6%
Operating margin -30.1% – –
Pretax margin -47.3% – -37.4%
Net margin 1.4% 21.7% -30.3%
FCF margin -22.0% -43.0% -13.0%
Operating cash flow margin 40.4% 44.5% 11.9%
Return on equity 0.3% 7.5% -16.8%
Return on assets 0.2% 3.0% -4.3%
Return on invested capital – – -1.3%
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) 28.0x 2.0x -0.3x
Stock comp / revenue 1.6% 1.1% 5.3%

Financial Health

11 metrics
MetricCUZHIWJBGS
Debt / assets 40.3% 54.5% 59.4%
Debt / equity 0.8x 1.4x 2.3x
Net debt / EBITDA 31.3x – 16.9x
Debt / FCF -15.6x -9.6x -38.2x
Liabilities / assets 49.8% 60.2% 74.7%
Equity / assets 50.2% 39.8% 25.3%
Interest coverage -1.7x – -0.3x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricCUZHIWJBGS
Dividend yield 4.4% 6.6% 5.7%
Net buyback yield -1.8% -0.4% 11.0%
Shareholder yield 2.6% 6.2% 16.7%
Payout ratio (earnings) 1,419% 113.6% -22.4%
Payout ratio (FCF) -93.3% -60.1% -63.3%
Dividend growth (1Y) 1.7% 2.3% -26.6%
Dividend CAGR (3Y) 3.3% 1.5% -25.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCUZHIWJBGS
Forward P/E 138.5xFY2026 26.7xFY2026 –
EPS, next fiscal year $0.21FY2026 $1.14FY2026 $-2.03FY2026
EPS growth, next FY -12.5%FY2026 -21.4%FY2026 –
EPS growth, the year after +128.6% -36.0% –
Revenue, next fiscal year $1.04BFY2026 $908.60MFY2026 $453.74MFY2026
Revenue growth, next FY +5.6%FY2026 +12.7%FY2026 -9.0%FY2026
Revenue growth, the year after +10.4% -8.1% +11.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCUZHIWJBGS
Held by institutions 100.0% 100.0% 97.6%
Institutions holding 394 372 206
Change in shares held, QoQ +0.6% +10.9% +2.8%
Institutions buying 201 214 86
Institutions selling 139 102 72
Buyers to sellers 1.45 2.10 1.19

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CUZHIWJBGS
CUZ 1.00 0.87 0.48
HIW 0.87 1.00 0.48
JBGS 0.48 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CUZ, HIW and JBGS?

Cousins Properties (CUZ) is the largest by market capitalisation: Cousins Properties (CUZ) $4.84B, Highwoods Properties (HIW) $3.41B, JBG SMITH Properties (JBGS) $692.41M.

Which stock is cheaper, CUZ, HIW and JBGS?

Highwoods Properties (HIW) trades on the lowest price-to-earnings ratio (Cousins Properties (CUZ) 326.3x, Highwoods Properties (HIW) 18.4x, JBG SMITH Properties (JBGS) -4.5x). On next year's consensus earnings, Highwoods Properties (HIW) is cheapest (Cousins Properties (CUZ) 138.5x, Highwoods Properties (HIW) 26.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cousins Properties (CUZ) grew revenue fastest over the trailing twelve months: Cousins Properties (CUZ) +8.5%, Highwoods Properties (HIW) +5.4%, JBG SMITH Properties (JBGS) -1.1%.

Which company is more profitable?

Highwoods Properties (HIW) has the highest net margin (Cousins Properties (CUZ) 1.4%, Highwoods Properties (HIW) 21.7%, JBG SMITH Properties (JBGS) -30.3%).

Which stock has performed better?

Over the past year Cousins Properties (CUZ) returned the most: Cousins Properties (CUZ) +14.6%, Highwoods Properties (HIW) +7.2%, JBG SMITH Properties (JBGS) -40.3%. Over five years, Cousins Properties (CUZ) compounded fastest (Cousins Properties (CUZ) -6.0%/yr, Highwoods Properties (HIW) -7.5%/yr, JBG SMITH Properties (JBGS) -16.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Highwoods Properties (HIW) has the highest dividend yield: Cousins Properties (CUZ) 0.04%, Highwoods Properties (HIW) 0.06%, JBG SMITH Properties (JBGS) 0.06%.

Which stock is riskier?

By one-year price volatility, Cousins Properties (CUZ) has been the steadiest (Cousins Properties (CUZ) 26.9%, Highwoods Properties (HIW) 29.4%, JBG SMITH Properties (JBGS) 34.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CUZ, HIW and JBGS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cousins Properties (CUZ) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.