Camden(CPT)

Search documents
3 No-Brainer High-Yield Dividend Stocks to Buy Right Now for Less Than $1,000
The Motley Fool· 2024-04-17 10:14
REITs are a low-cost way to generate passive income.Investing in high-yielding dividend stocks can be a great way to start generating passive income. While the average dividend yield is relatively low today (the S&P 500's 1.4% yield isn't that far above its historical low of 1.1%), many companies offer much higher dividend yields.For example, the real estate investment trust (REIT) sector is ripe with high-yielding dividend stocks. Realty Income (O -1.65%), Prologis (PLD -0.91%), and Camden Property Trust ( ...
Camden Property Trust: 4.2% Dividend Looking To Take Off In 2025
Seeking Alpha· 2024-03-20 21:20
Su Arslanoglu Camden Property Trust (NYSE:CPT) anticipates lower Core funds from operations, or FFO, per share and flat same-property NOI due to weaker leasing spreads caused by increased apartment supply. Revenue growth is challenged by rising expenses, while leasing spreads decline ahead of NOI changes. Same Property NOI Let's take a look at same property NOI: The REIT Forum Notice how there’s a bit of a lag? In 2021 Q3, the same property NOI wasn’t blistering yet. The leasing spreads were huge, but t ...
Camden Property Trust: Rough Years Might Be Ahead
Seeking Alpha· 2024-03-13 12:40
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 ...
Camden Is Positioned To Weather A Weak 2024
Seeking Alpha· 2024-03-08 13:50
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 ...
Camden Property Trust Announces Participation in Citi's 2024 Global Property CEO Conference and Provides First Quarter 2024 Operating Update
Businesswire· 2024-03-01 23:31
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 ...
2 REITs To Buy Following Q4 Results
Seeking Alpha· 2024-02-26 12:30
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 ...
Camden(CPT) - 2023 Q4 - Annual Report
2024-02-21 16:00
• 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 ...
The More REITs Drop, The More I Buy
Seeking Alpha· 2024-02-20 12:15
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(CPT) - 2023 Q4 - Earnings Call Transcript
2024-02-02 20:23
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 ...
Camden (CPT) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-02 00:31
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 ...