Camden Property Trust (CPT)
Market Cap | 11.39B |
Revenue (ttm) | 1.57B |
Net Income (ttm) | 445.28M |
Shares Out | 106.54M |
EPS (ttm) | 4.09 |
PE Ratio | 26.14 |
Forward PE | 61.95 |
Dividend | $4.12 (3.85%) |
Ex-Dividend Date | Mar 27, 2024 |
Volume | 606,524 |
Open | 107.31 |
Previous Close | 106.74 |
Day's Range | 106.39 - 107.73 |
52-Week Range | 82.81 - 114.04 |
Beta | 0.83 |
Analysts | Buy |
Price Target | 108.64 (+1.62%) |
Earnings Date | May 2, 2024 |
About CPT
Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,634 apartment homes across the United States. Upon completion of 4 properties currently under development, the Company's portfolio will increase to 59,800 apartment homes in 176 properties. Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine fo... [Read more]
Financial Performance
In 2023, CPT's revenue was $1.56 billion, an increase of 10.66% compared to the previous year's $1.41 billion. Earnings were $403.31 million, a decrease of -38.30%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CPT stock is "Buy." The 12-month stock price forecast is $108.64, which is an increase of 1.62% from the latest price.
News
Trade Tracker: The Committee shares some of their buys and sells
The Investment Committee discussestheir latest portfolio moves.
Camden Property Trust Announces First Quarter 2024 Operating Results
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three months ended March 31, 2024. Net Income Attributable to Common Shareholders (...
Camden Property Trust Announces Executive Changes
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) today announced its Board of Trust Managers has appointed D. Keith Oden from Executive Vice Chairman of the Board and President to Executive ...
Camden Property Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its first quarter 2024 earnings will be released after the market closes on Thursday, May 2, 2024. Manag...
Camden Property Trust Announces Participation in Citi's 2024 Global Property CEO Conference and Provides First Quarter 2024 Operating Update
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that the Company will participate in Citi's 2024 Global Property CEO Conference. Camden's roundtable discussi...
Why U.S. renters are taking corporate landlords to court
U.S. landlords who use RealPage products to set prices on rental apartments are facing accusations of collusion.
Camden Property Trust Announces 2023 Operating Results, 2024 Financial Outlook, and First Quarter 2024 Dividend
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and twelve months ended December 31, 2023. Net Income Attributable to Common ...
Camden Property Trust Announces Tax Characteristics of 2023 Distributions
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) announced today the income tax characteristics of its 2023 distributions paid to shareholders as they will be reported on Form 1099-DIV. The ...
Camden Property Trust Announces Fourth Quarter 2023 Earnings Release and Conference Call Dates
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its fourth quarter 2023 earnings will be released after the market closes on Thursday, February 1, 2024....
Camden Property Trust Prices $400 Million 4.900% Senior Unsecured Notes Due 2034
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) today announced it has priced a $400 million offering of senior unsecured notes under its existing shelf registration. These 10-year notes we...
Camden Property Trust Announces Fourth Quarter 2023 Dividend
HOUSTON--(BUSINESS WIRE)--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a fourth quarter cash dividend of $1.00 per share to holders of record as of December...
Camden Property Trust Closes $500 Million 5.850% Senior Unsecured Note Offering
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) today announced it has closed the offering of $500 million senior unsecured notes due 2026. These three-year notes were issued at 99.997% of ...
Camden Property Trust Prices $500 Million 5.850% Senior Unsecured Notes Due 2026
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) today announced it has priced a $500 million offering of senior unsecured notes under its existing shelf registration. These three-year notes...
Camden Property Trust Announces Third Quarter 2023 Operating Results
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and nine months ended September 30, 2023. Net Income Attributable to Common S...
Camden Property Trust Announces Third Quarter 2023 Earnings Release and Conference Call Dates
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its third quarter 2023 earnings will be released after the market closes on Thursday, October 26, 2023. ...
2025 looks like a great year for fundamentals in real estate, says BMO's John Kim
John Kim, analyst at BMO Capital Markets, joins 'Squawk on the Street' to discuss how REITs typically perform with higher bond yields, the underlying financing for new or existing developments, and pl...
Camden Property Trust Announces Third Quarter 2023 Dividend
HOUSTON--(BUSINESS WIRE)--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a third quarter cash dividend of $1.00 per share to holders of record as of September...
Camden Property Trust Announces Participation in BofA Securities 2023 Global Real Estate Conference and Provides Third Quarter 2023 Operating Update
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that the Company will participate in the BofA Securities 2023 Global Real Estate Conference to be held Septem...
Camden Property Trust Announces Second Quarter 2023 Operating Results
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and six months ended June 30, 2023. Net Income Attributable to Common Shareho...
Camden Property Trust Announces Second Quarter 2023 Earnings Release and Conference Call Dates
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its second quarter 2023 earnings will be released after the market closes on Thursday, August 3, 2023. M...
Camden Property Trust Announces Second Quarter 2023 Dividend
HOUSTON--(BUSINESS WIRE)--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a second quarter cash dividend of $1.00 per share to holders of record as of June 30,...
Camden Property Trust Announces Participation in Nareit's REITweek 2023 Investor Conference and Provides Second Quarter 2023 Operating Update
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE: CPT) (the “Company”) announced today that it will participate in Nareit's REITweek 2023 Investor Conference which is being held June 6-8, 2023. T...
Camden Property Trust Retires $185.2 Million of Secured Variable Rate Debt
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that it utilized its unsecured revolving credit facility to retire approximately $185.2 million of secured va...