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Camden Property Trust: 4.2% Dividend Looking To Take Off In 2025
CPTCamden(CPT) 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 ...