Camden Property Trust (CPT)
Market Cap | 12.15B |
Revenue (ttm) | 1.56B |
Net Income (ttm) | 344.38M |
Shares Out | 108.28M |
EPS (ttm) | 3.17 |
PE Ratio | 34.86 |
Forward PE | 76.45 |
Dividend | $4.12 (3.73%) |
Ex-Dividend Date | Dec 18, 2024 |
Volume | 7,982 |
Open | 113.00 |
Previous Close | 110.58 |
Day's Range | 111.79 - 113.00 |
52-Week Range | 90.50 - 127.69 |
Beta | 0.96 |
Analysts | Buy |
Price Target | 124.78 (+11.2%) |
Earnings Date | Feb 6, 2025 |
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 58,250 apartment homes across the United States. Upon completion of 5 properties currently under development, the Company’s portfolio will increase to 59,996 apartment homes in 177 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, Camden Property Trust's revenue was $1.55 billion, an increase of 7.83% compared to the previous year's $1.43 billion. Earnings were $402.66 million, a decrease of -38.30%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for CPT stock is "Buy." The 12-month stock price forecast is $124.78, which is an increase of 11.20% from the latest price.
News
How The 'Smart Money' Is Investing In REITs Right Now
Passive investors commonly outperform active investors. REITs are an exception in which active strategies outperform. Here is what some of the world's best REIT investors are today buying.
Camden Property Trust Announces Tax Characteristics of 2024 Distributions
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) announced today the income tax characteristics of its 2024 distributions paid to shareholders as they will be reported on Form 1099-DIV. The ...
Camden Property Trust Announces Fourth Quarter 2024 Earnings Release and Conference Call Dates
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its fourth quarter 2024 earnings will be released after the market closes on Thursday, February 6, 2025....
Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor
REITs are so cheap that they are getting the attention of billionaires. Legendary investor Barry Sternlicht is loading up on REITs. We discuss what he is buying and why.
Camden Property Trust Provides Update on Los Angeles Wildfires
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its apartment communities located in the Los Angeles area have not sustained damage from the recent wild...
Camden Property Trust Issues Response to Department of Justice Lawsuit
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) disagrees with the allegations made in the amended complaint against RealPage, which added Camden and others as defendants. Camden will vigor...
Sector Spotlight: Multifamily REITs - They Survived Until 2025!
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PMG CEO Kevin Maloney on the state of commercial real estate
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Camden Property Trust: Great Management At A Fair Price
Camden has a history of growth, notable achievements, and consistent dividend increases, with a recent dividend announcement of $1.03 per share. Key risks include overdevelopment in their markets and ...
Camden Property Trust Announces Fourth Quarter 2024 Dividend
HOUSTON--(BUSINESS WIRE)--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a fourth quarter cash dividend of $1.03 per share to holders of record as of December...
Property Type Round-Up From REITworld 2024
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REITs: Key Demographic Trends Driving Opportunity
Understanding long-term demographic trends is crucial for real estate investments, with population growth and density significantly impacting property values. The aging U.S. population will drive dema...
3 Reasons I Just Invested In Camden Property Trust
The market is experiencing volatility due to rising ten-year treasury yields and election uncertainties, impacting sectors like REITs, especially net lease and multifamily REITs. CPT is a leading mult...
Camden Property Trust (CPT) Q3 2024 Earnings Call Transcript
Camden Property Trust (NYSE:CPT) Q3 2024 Earnings Call November 1, 2024 11:00 AM ET Company Participants Kim Callahan - Senior Vice President, Investor Relations Ric Campo - Chairman and Chief Execut...
Camden Property Trust Announces Third Quarter 2024 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, 2024. Net Income Attributable to Common S...
2 REITs That Remain Undervalued
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Important Trends For REIT Investors
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Camden Property: Going Long On An Outperformer
Camden Property Trust has outperformed other multifamily REITs, achieving a total return of 23.33% over five years, driven by its Sunbelt market focus. Despite challenges in 2024 due to elevated deliv...
REIT Roulette: What's Your Strategy? (Here's Mine)
I recommend diversifying your REIT portfolio with at least 10 REITs, highlighting VICI Properties, Camden Property Trust, and Broadstone Net Lease as buys. VICI Properties stands out for its iconic tr...