Camden Property Trust (CPT)

NYSE: CPT · IEX Real-Time Price · USD
126.82
+3.07 (2.48%)
Feb 2, 2023, 10:47 AM EST - Market open
2.48%
Market Cap 13.52B
Revenue (ttm) 1.34B
Net Income (ttm) 820.80M
Shares Out 106.53M
EPS (ttm) 7.68
PE Ratio 16.11
Forward PE 54.35
Dividend $3.76 (2.97%)
Ex-Dividend Date Dec 15, 2022
Volume 233,694
Open 124.73
Previous Close 123.75
Day's Range 124.32 - 126.99
52-Week Range 107.90 - 175.69
Beta 0.79
Analysts Buy
Price Target 140.03 (+10.42%)
Earnings Date Feb 3, 2023

About CPT

Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company's portfolio will increase to 59,104 apartment homes in 174 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTU... [Read more]

Sector Real Estate
IPO Date Jul 22, 1993
Employees 1,700
Stock Exchange NYSE
Ticker Symbol CPT
Full Company Profile

Financial Performance

In 2021, CPT's revenue was $1.17 billion, an increase of 9.36% compared to the previous year's $1.07 billion. Earnings were $303.91 million, an increase of 145.26%.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for CPT stock is "Buy." The 12-month stock price forecast is $140.03, which is an increase of 10.42% from the latest price.

Price Target
$140.03
(10.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Camden Property Trust Announces Tax Characteristics of 2022 Distributions

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today the income tax characteristics of its 2022 distributions paid to shareholders as they will be reported on F...

1 week ago - Business Wire

Camden Property Trust Announces Fourth Quarter 2022 Earnings Release and Conference Call Dates

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its fourth quarter 2022 earnings will be released after the market closes on Thursday, February 2, 202...

3 weeks ago - Business Wire

The case for investing in REITs despite the Blackstone news

Blackstone Inc (NYSE: BX), on Friday, limited withdrawals from its property fund after fears related to the health of the commercial real estate market fuelled redemptions. Still, Jim Lebenthal of Cer...

2 months ago - Invezz

There's enormous opportunity in REITs, says Gilman Hill's Jenny Harrington

Jason Snipe, Steve Weiss, Jenny Harrington and Jim Lebenthal join the 'Halftime Report' to discuss investment in real estate, the commercial real estate sectors impact on REIT sector and where opportu...

Other symbols: BXIRMNNNPSTL
2 months ago - CNBC Television

Camden Property Trust Announces Fourth Quarter 2022 Dividend

HOUSTON--(BUSINESS WIRE)--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a fourth quarter cash dividend of $0.94 per share to holders of record as of Decemb...

2 months ago - Business Wire

Camden (CPT) Matches Q3 FFO Estimates

Camden (CPT) delivered FFO and revenue surprises of 0% and 0.54%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Camden Property Trust Announces Third Quarter 2022 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, 2022.

3 months ago - Business Wire

Why Camden Property Trust (CPT) Might Surprise This Earnings Season

Camden Property Trust (CPT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 months ago - Zacks Investment Research

Camden Property Trust Provides Update on Projected Expenses Related to Hurricane Ian

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) announced today that it expects to incur approximately $1.0 million in expenses during the third quarter of 2022 as a result of Hurricane Ian...

4 months ago - Business Wire

Here's Why Camden (CPT) is Poised for a Turnaround After Losing 16.2% in 4 Weeks

The heavy selling pressure might have exhausted for Camden (CPT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in r...

4 months ago - Zacks Investment Research

Camden Property Trust Announces Third Quarter 2022 Earnings Release and Conference Call Dates

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its third quarter 2022 earnings will be released after the market closes on Thursday, October 27, 2022. ...

4 months ago - Business Wire

Camden Property Trust Provides Update on Hurricane Ian

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that preliminary reports indicate only minor damage from Hurricane Ian to the Company's apartment communities...

4 months ago - Business Wire

The affordability of the Sun Belt cannot be overstated, says Piper Sandler's Goldfarb

Alexander Goldfarb, senior REIT analyst at Piper Sandler, joins 'Power Lunch' to discuss how to look at opportunities in the REIT space, why the single-family REITs are outperforming multi-family REIT...

Other symbols: AVBEQRESSMAA
4 months ago - CNBC Television

Camden Property Trust Announces Third Quarter 2022 Dividend

HOUSTON--(BUSINESS WIRE)--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a third quarter cash dividend of $0.94 per share to holders of record as of September...

4 months ago - Business Wire

7 Great REITs to Buy for Handsome Payouts

Finding the right real estate investment trusts (REITs) to buy really boost your portfolio – particularly if you're eager for a regular income stream. REITs are popular for investors who favor dividen...

Other symbols: CUBEEXRHSTPLDPSAREXR
5 months ago - InvestorPlace

Camden Property Trust Announces Participation in Bank of America Securities 2022 Global Real Estate Conference and Provides Third Quarter 2022 Operating Update

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that the Company will participate in the Bank of America Securities 2022 Global Real Estate Conference to be ...

5 months ago - Business Wire

Cracks develop in the housing market

CNBC's Diana Olick joins 'The Exchange' to report on cracks that are beginning to develop in the housing market, as new home sales were down sharply in July. She discusses signs of easing in the renta...

Other symbols: MAA
5 months ago - CNBC Television

Camden (CPT) Beats Q2 FFO and Revenue Estimates

Camden (CPT) delivered FFO and revenue surprises of 1.24% and 8.75%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Camden Property Trust Announces Second Quarter 2022 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, 2022. Net Income Attributable to Common Shareho...

6 months ago - Business Wire

Here is Why Growth Investors Should Buy Camden (CPT) Now

Camden (CPT) is well positioned to outperform the market, as it exhibits above-average growth in financials.

6 months ago - Zacks Investment Research

The ‘Halftime Report' investment committee weighs in on investing in REITs

CNBC's ‘Halftime Report' investment committee, Brenda Vingiello, Jason Snipe, Josh Brown and Jim Lebenthal, discuss whether or not traders should invest in REITs.

Other symbols: AMTSPG
6 months ago - CNBC Television

High Home Prices Help These REITs

Apartment REITs, down 20% this year, benefit from soaring home prices and mortgage rates, which force would-be buyers to remain renters

Other symbols: AIRCAVBEQRESSMAAUDR
7 months ago - Barrons

Wall Street Analysts See a 27% Upside in Camden (CPT): Can the Stock Really Move This High?

The consensus price target hints at a 26.5% upside potential for Camden (CPT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate re...

7 months ago - Zacks Investment Research

Camden Property Trust Announces Second Quarter 2022 Earnings Release and Conference Call Dates

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its second quarter 2022 earnings will be released after the market closes on Thursday, July 28, 2022. Ma...

7 months ago - Business Wire

Looking for a Growth Stock? 3 Reasons Why Camden (CPT) is a Solid Choice

Camden (CPT) possesses solid growth attributes, which could help it handily outperform the market.

7 months ago - Zacks Investment Research