Art Wager/E+ via Getty Images Camden Property Trust (NYSE:CPT), although a solid REIT with a strong human moat, a good debt outlook, and a strong portfolio, is probably headed into years of underperformance caused by oversupply in its primary markets. A REIT Of Sunbelt Apartments CPT is an S&P 500 REIT whose primary focus is apartments in areas of projected high employment and population growth. It aims at higher-income tenants. Its average monthly rent per home of $1,994 exceeds the national average of ...

Brandon Bell/Getty Images News Shares of Camden Property Trust (NYSE:CPT) have been a material underperformer over the past year as higher rates have weighed on real estate valuations. On top of this, a surge of supply has negatively impacted the apartment sector, pushing down rents. Last September, I rated CPT a buy, arguing shares had 10-15% upside. Since that recommendation, shares have returned over 4%, though this has materially lagged the broader market’s 18% gain. I continue to target a rise towa ...

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that the Company will participate in Citi’s 2024 Global Property CEO Conference. Camden’s roundtable discussion has been scheduled for Monday, March 4, 2024, at 10:15 AM Eastern Time. The event will be webcast live in a listen-only mode at camdenliving.com in the Investors section, and an audio archive will be available on the Company’s website shortly after the event concludes. A copy of Camden’s most recent investor ...

ijeabEarnings seasons often lead to some great buying opportunities. That's because most investors are short-term oriented and will make buy and sell decisions based on quarterly results. If a stock misses quarterly earnings expectations, or worse, if its full-year guidance comes short, investors will often run for the exit, causing its share price to drop significantly. But in reality, the fair value of the assets likely didn't change much, if at all. Real estate should be valued based on decades of ex ...

• Pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company; • Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and receipts and expenditures of the Company are being made only in accordance with authorizations of management and Board of Trust Managers of the Company; and • Provi ...

peshkov Co-produced by Austin Rogers We seem to be in the midst of the last stand of the Federal Reserve's "higher for longer" narrative. A recent rebound in Treasury yields, hot GDP number, and strong jobs market report have spurred a selloff in real estate investment trusts ("REITs") (VNQ) as well as other interest rate sensitive sectors like utilities (XLU) and regional banks (KRE). Data by YCharts Moreover, Fed chairman Jerome Powell indicated in the January Fed meeting that rate cuts beginning in ...

Camden Property Trust (NYSE:CPT) Q4 2023 Earnings Conference Call February 2, 2024 11:00 AM ET Company Participants Kim Callahan - Senior Vice President of Investor Relations Ric Campo - Chairman & Chief Executive Officer Keith Oden - Executive Vice Chairman & President Alex Jessett - Chief Financial Officer Conference Call Participants Michael Goldsmith - UBS Steve Sakwa - Evercore ISI Brad Heffern - RBC Capital Markets Austin Wurschmidt - KeyBanc Capital Markets Rich Anderson - Wedbush Eric Wolfe - Citi H ...

For the quarter ended December 2023, Camden (CPT) reported revenue of $387.59 million, up 3.1% over the same period last year. EPS came in at $1.73, compared to $0.42 in the year-ago quarter.The reported revenue represents a surprise of -0.25% over the Zacks Consensus Estimate of $388.54 million. With the consensus EPS estimate being $1.72, the EPS surprise was +0.58%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

Camden (CPT) came out with quarterly funds from operations (FFO) of $1.73 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to FFO of $1.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 0.58%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.73 per share when it actually produced FFO of $1.73, delivering no surprise.Over the last four quarters, the company ...

elxeneize The REIT sector has experienced a small revival in the last quarter of 2023, following the Federal Reserve hinting that the hiking cycle is effectively over and 2024 will finally see interest rates actually decline. Although there is still a debate ongoing regarding how soon and how quickly rates will actually fall, it is pretty much a given that this is pretty good news for real estate companies. REITs must rely on debt in order to grow as real estate projects require a lot of capital to comp ...