Core Insights - Camden Property Trust (CPT) is a real estate investment trust (REIT) focused on multifamily properties, primarily apartment communities in major U.S. cities, owning approximately 60,800 apartment homes including those under construction [1] - The company grows through acquisitions and developments, enhancing property value via redevelopment efforts such as renovations and added amenities, which increase rental income [2] - Camden Property Trust is sensitive to interest rate fluctuations, typically performing well when rates fall and underperforming when rates rise, but is designed to generate steady rental income even in challenging economic conditions [3] Investment Potential - Camden Property Trust is considered an excellent income stock with a 3.5% dividend yield and a history of dividend increases, alongside strong potential for value creation through property appreciation and redevelopment [4] - Over the past 30 years, the stock has delivered a total return of 2,530%, outperforming the S&P 500 by approximately 650 percentage points, indicating strong long-term performance despite recent interest rate sensitivity [5] - The company presents a compelling long-term investment opportunity for income and growth, particularly in light of the ongoing housing shortage in the United States [6]
Is Camden Property Trust a Stock to Buy and Hold Forever? Here's Why It Could Be.