Camden Property Trust (CPT)
| 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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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?
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.
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.
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...
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...
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. ...
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...
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...
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...
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...
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 ...
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...
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?
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...
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.
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.
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...
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...
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.