Camden Property Trust (CPT)
| Market Cap | 10.60B |
| Revenue (ttm) | 1.55B |
| Net Income (ttm) | 226.69M |
| Shares Out | 106.77M |
| EPS (ttm) | 2.09 |
| PE Ratio | 47.51 |
| Forward PE | 55.98 |
| Dividend | $4.00 (4.03%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 753,497 |
| Open | 100.00 |
| Previous Close | 100.43 |
| Day's Range | 99.22 - 100.30 |
| 52-Week Range | 82.81 - 127.60 |
| Beta | 0.85 |
| Analysts | Hold |
| Price Target | 108.64 (+9.42%) |
| Earnings Date | Feb 1, 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 58,961 apartment homes across the United States. Upon completion of 5 properties currently under development, the Company's portfolio will increase to 60,514 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 2022, CPT's revenue was $1.41 billion, an increase of 20.66% compared to the previous year's $1.17 billion. Earnings were $653.61 million, an increase of 115.07%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for CPT stock is "Hold." The 12-month stock price forecast is $108.64, which is an increase of 9.42% from the latest price.
News
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...
Camden Property Trust Announces First Quarter 2023 Operating Results
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three months ended March 31, 2023. Net Income Attributable to Common Shareholders (...
Camden Property Trust Announces First Quarter 2023 Earnings Release and Conference Call Dates
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its first quarter 2023 earnings will be released after the market closes on Thursday, April 27, 2023. Ma...
Camden Property Trust Announces Participation in Citi's 2023 Global Property CEO Conference and Provides First Quarter 2023 Operating Update
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that the Company will participate in Citi's 2023 Global Property CEO Conference. Camden's roundtable discussi...
Camden Property Trust Announces 2022 Operating Results, 2023 Financial Outlook, and First Quarter 2023 Dividend
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and twelve months ended December 31, 2022. Net Income Attributable to Commo...
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...