Allkindza/E+ via Getty Images This article was coproduced with Leo Nelissen. Going into this year, the market priced in six rate cuts. Seven/eight months ago, that assumption was - for lack of a better word - nuts. The market quickly had to adjust its expectations when it turned out that inflation was coming down slower than expected, with headwinds from sticky wage inflation, a robust economy, and elevated crude oil prices. As we can see below, going into this year, the implied probability of a Fed funds r ...

Morsa Images Shares of PERET Camen Property Trust (NTSE:CPT) hare best perforner over the pass year, gaming jus $1%, thege they hay rever altich more sukamitaly from lows last fall. I l apartment rental market is passing its bottom, and if interest rates have indeed peaked, I see scope for further share price appreciation. 1D 5D YTD 10Y MAX Basic Advanced 1M 6M 1Y l SY 110 100 90 80 l lifel nes to litely to the trial while 11 15 11 1 Sep 2023 Jun 2024 Seeking Alpha Q2 Results Were Solid In the company's sec ...

For the quarter ended June 2024, Camden (CPT) reported revenue of $387.15 million, up 0.4% over the same period last year. EPS came in at $1.71, compared to $0.84 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $384.76 million, representing a surprise of +0.62%. The company delivered an EPS surprise of +2.40%, with the consensus EPS estimate being $1.67. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Camden (CPT) came out with quarterly funds from operations (FFO) of $1.71 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to FFO of $1.70 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 2.40%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.66 per share when it actually produced FFO of $1.67, delivering a surprise of 0.60%. Over the last four quarters, th ...

Featured Community: Camden Woodmill Creek • The Woodlands, TX • 189 Single Family Homes • Currently in Lease-up Living Excellence 2Q24 Earnings Release & Supplemental Financial Information 11 Greenway Plaza • Houston, TX 77046 • (713) 354-2500 • camdenliving.com Investors Relations Contact • Kim Callahan • (713) 354-2549 CAMDEN TABLE OF CONTENTS | --- | --- | |-------------------------------------------------------------------------|-------| | | Page | | Press Release Text | 3 | | Financial Highlights | 4 | ...

Co-produced by Austin Rogers. Some of this selloff in the real estate sector was warranted because ultra-low interest rates had driven REITs to unsustainable high levels. chaofann Energy ETF Technology (IYR) Seeking Alpha YCHARTS Data by YCharts But at the same time, as is usually the case with big swings in the stock market, we think the decline in REIT stock prices has been majorly overdone. REIT findamentals have held up quite well and, with the possible exception of office, are expected to improve in th ...

SAN DIEGO, June 17, 2024 (GLOBE NEWSWIRE) -- Bionano Laboratories, a clinical laboratory services business of Bionano Genomics, Inc. (Nasdaq: BNGO), today announced the editorial panel of the American Medical Association (AMA) established a new Category I Current Procedural Terminology (CPT®) code for the use of optical genome mapping (OGM) in cytogenomic genome-wide analysis to detect structural and copy number variations related to hematological malignancies. The CPT code is a key component in obtaining r ...

SAN JOSE, Calif., June 17, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (Nasdaq: PRCT) (the "Company"), a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, announced today that the American Medical Association ("AMA") has established a new Current Procedural Terminology ("CPT") Category I code for transurethral waterjet resection of prostate tissue ("Aquablation therapy") to treat benign prostatic hyperplasia ("BPH"). In response to i ...

Svetlana123/iStock via Getty Images Camden Property Trust (NYSE:CPT), incorporated in 1993 and headquartered in Houston, TX, is a REIT that owns and manages multifamily apartment communities across multiple states. While the outlook for residential real estate properties is not as attractive as with other markets right now, Camden's portfolio is concentrated in attractive markets and has growth potential. The dividend yield is low, but the shares are trading at a discount to fair value, creating an opportun ...

Richard Drury This article was coproduced with Wolf Report. In this article, we'll take a look at Camden Property Trust (NYSE:CPT), a REIT we've been looking at previously and invested in when it was comparatively very cheap. The company is a multifamily REIT with a very conservative overall leverage. The yield isn't the greatest, but we believe it's made up by the overall safety of the business. It's a roll of the dice if you want to call this REIT "Cheap." You certainly could if we look at the long-term v ...