• REIT - Residential
  • Real Estate
Camden Property Trust logo
Camden Property Trust
CPT · US · NYSE
113.01
USD
+2.1
(1.86%)
Company Overview

11 GREENWAY PLAZA,HOUSTON TX 77046,7133542500

CEO

Mr. Richard J. Campo

Employess

1640

Sector

Real Estate

Industry

REIT - Residential

Website

https://www.camdenliving.com

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 FORTUNE magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employees' Choice Award in 2020, ranking #25 for large U.S. companies.

Next Earnings Date

Oct. 24, 2024

Ex Dividends date

Jul. 17, 2024

Dividend Date

June 28, 2024

YTD Performance

12.58%

Fiscal Year End

12-31

IPO Date

1993-07-22

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 6.96% 10.13% 14.00% 8.69%
EPS -0.40% 17.74% 44.10% -38.88%
Equity 6.16% 8.16% 13.08% -0.12%
Cash 31.16% 50.79% -13.93% 2408.16%
Return On Capital (ROIC) 3.62% 3.43% 3.17% 3.49%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 537 247 386 (3.7) 3.1
Long Term Debt 3,720 3,680 3,170 3,170 2,520
LT Finance Leases 6 8.4 10 13 15
Shares Outstanding 109 108 102 99.4 98.5
Market Cap 10,800 12,000 18,200 9,930 10,400
Price
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
Become A Multifamily Millionaire
2 months

Landlords face challenges when tenants stop paying rent, especially with single-family homes. Apartment buildings with multiple units provide more stability, while owning a portfolio of multifamily buildings minimizes the impact of delinquent tenants. Investing in blue-chip multifamily REITs like AvalonBay Communities, Camden Property Trust, Essex Property Trust, and Mid-America Apartment Communities can offer safe dividends and strong total returns.

seekingalpha.com
If I Had To Retire Today With 12 REITs
2 months

REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cut cycle debuts, making them an attractive sector to become overweight. A list of 12 handpicked REITs is provided, offering a combination of high dividend yields, dividend growth, and value for potential investors.

seekingalpha.com
Take Shelter With 3 Essential Rental REITs
2 months

American dream of owning a home is dead for many due to high prices and mortgage rates. Some areas experiencing a decrease in home prices, providing hope for buyers. REITs like Sun Communities, Camden Property Trust, and American Homes 4 Rent offer alternative housing options and investment opportunities.

seekingalpha.com
Forget The Fed, REITs Will Win In A 'Higher For Longer' Environment
2 months

Many investors think that Fed controls the destiny of REITs. If rates remain high, REITs are screwed. If they are cut, REITs will recover. I disagree. Here's why I expect REITs to thrive even in a "higher for longer" environment.

seekingalpha.com
Apartment Fundamental Outlook Improved As Supply Wanes
2 months

Apartment REITs have beaten 1Q24 earnings despite a massive new supply wave hitting the sector in 2024 and early 2025. Demand drivers such as strong employment, low savings rate, high cost of houses, and high cost of construction have kept occupancy high despite the supply. Supply growth is dropping in mid-to-late 2025, making investments in the apartment sector appealing for long-term growth potential.

seekingalpha.com
Profound Medical Announces Category 1 CPT Codes Proposed CY2025 Rule for TULSA to Treat Prostate Diseases
2 months

TORONTO, July 11, 2024 (GLOBE NEWSWIRE) -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, today announced that U.S. Centers for Medicare and Medicaid Services (CMS) has issued its proposed rules establishing, for the first time, a Category 1 CPT code for the Transurethral Ultrasound Ablation (“TULSA”) procedure, effective January 1, 2025.

globenewswire.com
Camden Property Trust Announces Second Quarter 2024 Earnings Release and Conference Call Dates
2 months

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its second quarter 2024 earnings will be released after the market closes on Thursday, August 1, 2024. Management will host a conference call on the following day, Friday, August 2, 2024, at 10:00 AM Central Time. Conference Call Domestic Dial-In Number: (888) 317-6003 International Dial-In Number: (412) 317-6061 Passcode: 5174172 Webcast: https://investors.camdenliving.com The Company strongly encou.

businesswire.com
The Dreaded Commercial Real Estate Crash Isn't Coming: Buy REITs
2 months

Commercial real estate crash predictions have not materialized. REITs are undervalued despite strong operational performance. I present two of my favorite REITs to buy today.

seekingalpha.com
Why Now Is The Time To Load Up On REITs, And 2 'Strong Buys'
2 months

REITs are the cheapest relative to stocks in over a decade. But not for much longer. Cuts to interest rates could push REITs a lot higher. I highlight two 'Strong Buy' REITs.

seekingalpha.com
Equity REITs: Takeaways From REITWeek 2024
3 months

Overall positive outlook for REIT industry with decline in development activity, potential for increased transaction market activity, and well-capitalized REITs poised for growth. Key themes from REITWeek conference: improving transaction market, challenges with development projects, optimism driven by stable-to-improving fundamentals. Actionable ideas from meetings include investing in data centers, cell towers, triple net properties, multifamily, SFR, MH/RV, self-storage, healthcare, industrial, and office sectors.

seekingalpha.com
A Once-In-A-Decade Buying Opportunity In REITs: 2 Top Picks
3 months

REITs are the cheapest in over a decade. But their fundamentals have remained strong for the most part. We highlight two of our top picks to maximize profits in the recovery.

seekingalpha.com
8 Stocks I'm Buying As A Resurgent Trade War Looms
3 months

Economic data suggests a recession may be looming, with signs of weakening in the labor market and consumer spending. Investing based on politics is not recommended, as market reactions to political events can be unpredictable and counterintuitive. The resurgent trade war is expected to have negative impacts on the economy, with potential inflation and job losses.

seekingalpha.com