Here's Why You Should Retain Camden Property in Your Portfolio Now
Camden Property Trust (CPT) is well-poised to gain from the healthy renter demand amid favorable demographic trends. The company’s diversification efforts, focus on technology enhancements and strong development pipeline, backed by a healthy balance sheet position, augur well for long-term growth. However, the elevated supply of rental units and high interest rates add to its woes.Last month, CPT reported fourth-quarter 2024 core funds from operations (FFO) per share of $1.73, beating the Zacks Consensus Es ...