Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company's portfolio will increase to 59,104 apartment homes in 174 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employees' Choice Award in 2020, ranking #25 for large U.S. companies.
IPO Year: 1993
Exchange: NYSE
Website: camdenliving.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/13/2024 | $120.00 → $121.00 | Buy → Hold | Stifel |
10/11/2024 | $123.00 | Hold | Jefferies |
9/11/2024 | $129.00 | Neutral | Exane BNP Paribas |
9/9/2024 | $122.00 | Outperform → Sector Perform | RBC Capital Mkts |
9/4/2024 | $139.00 | Neutral | Goldman |
8/26/2024 | $104.00 → $127.00 | Underweight → Equal Weight | Wells Fargo |
8/12/2024 | $111.00 → $147.00 | Underperform → Buy | BofA Securities |
5/6/2024 | $90.00 → $110.00 | Underweight → Neutral | Piper Sandler |
2/22/2024 | $112.00 | Buy | Goldman |
2/20/2024 | $138.00 → $100.00 | Overweight → Equal Weight | Barclays |
10-Q - CAMDEN PROPERTY TRUST (0000906345) (Filer)
8-K - CAMDEN PROPERTY TRUST (0000906345) (Filer)
8-K - CAMDEN PROPERTY TRUST (0000906345) (Filer)
8-K - CAMDEN PROPERTY TRUST (0000906345) (Filer)
10-Q - CAMDEN PROPERTY TRUST (0000906345) (Filer)
8-K - CAMDEN PROPERTY TRUST (0000906345) (Filer)
8-K - CAMDEN PROPERTY TRUST (0000906345) (Filer)
10-Q - CAMDEN PROPERTY TRUST (0000906345) (Filer)
8-K - CAMDEN PROPERTY TRUST (0000906345) (Filer)
8-K - CAMDEN PROPERTY TRUST (0000906345) (Filer)
Stifel downgraded Camden Property from Buy to Hold and set a new price target of $121.00 from $120.00 previously
Jefferies initiated coverage of Camden Property with a rating of Hold and set a new price target of $123.00
Exane BNP Paribas initiated coverage of Camden Property with a rating of Neutral and set a new price target of $129.00
RBC Capital Mkts downgraded Camden Property from Outperform to Sector Perform and set a new price target of $122.00
Goldman initiated coverage of Camden Property with a rating of Neutral and set a new price target of $139.00
Wells Fargo upgraded Camden Property from Underweight to Equal Weight and set a new price target of $127.00 from $104.00 previously
BofA Securities upgraded Camden Property from Underperform to Buy and set a new price target of $147.00 from $111.00 previously
Piper Sandler upgraded Camden Property from Underweight to Neutral and set a new price target of $110.00 from $90.00 previously
Goldman resumed coverage of Camden Property with a rating of Buy and set a new price target of $112.00
Barclays downgraded Camden Property from Overweight to Equal Weight and set a new price target of $100.00 from $138.00 previously
Analysts' ratings for Camden Prop Trust (NYSE:CPT) over the last quarter vary from bullish to bearish, as provided by 13 analysts. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 3 6 1 0 Last 30D 0 0 1 0 0 1M Ago 1 0 0 0 0 2M Ago 1 0 1 1 0 3M Ago 1 3 4 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $111.12, a high estimate of $122.00, and a low estimate of $104.00. Observing a 6.76% increase, the current average has risen
UBS analyst Michael Goldsmith maintains Camden Prop Trust (NYSE:CPT) with a Neutral and raises the price target from $109 to $117.
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the real estate sector. Camden Property Trust (NYSE:CPT) Dividend Yield: 3.83% Truist Securities analyst Micha
Camden Prop Trust's (NYSE:CPT) short percent of float has risen 29.89% since its last report. The company recently reported that it has 3.49 million shares sold short, which is 4.65% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.9 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere
Truist Securities analyst Michael Lewis maintains Camden Prop Trust (NYSE:CPT) with a Buy and raises the price target from $114 to $122.
Camden Prop Trust (NYSE:CPT) underwent analysis by 13 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 3 5 2 0 Last 30D 0 0 1 0 0 1M Ago 1 0 0 1 0 2M Ago 1 3 4 0 0 3M Ago 1 0 0 1 0 In the assessment of 12-month price targets, analysts unveil insights for Camden Prop Trust, presenting an average target of $108.42, a high estimate of $118.00, and a low estimate of $90.00. This current a
JP Morgan analyst Anthony Paolone maintains Camden Prop Trust (NYSE:CPT) with a Neutral and raises the price target from $104 to $112.
Camden Prop Trust's (NYSE:CPT) short percent of float has fallen 5.7% since its last report. The company recently reported that it has 2.49 million shares sold short, which is 3.31% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.4 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes
Wells Fargo analyst James Feldman maintains Camden Prop Trust (NYSE:CPT) with a Underweight and raises the price target from $92 to $104.
Across the recent three months, 13 analysts have shared their insights on Camden Prop Trust (NYSE:CPT), expressing a variety of opinions spanning from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 4 4 1 0 Last 30D 1 0 0 0 0 1M Ago 1 2 4 0 0 2M Ago 1 1 0 0 0 3M Ago 1 1 0 1 0 Analysts have recently evaluated Camden Prop Trust and provided 12-month price targets. The average target is $109.04, accompanied
Camden Property Trust (NYSE:CPT) (the "Company") announced today the appointment of Javier E. Benito to the Company's Board of Trust Managers effective February 1, 2022. Mr. Benito will serve as an independent Trust Manager of the Company. Mr. Benito currently serves as General Manager KFC Latin America and the Caribbean of Yum! Brands, Inc., a global restaurant corporation primarily operating the company's brands – KFC, Pizza Hut and Taco Bell. He previously served as Chief Strategy Officer from 2013 – 2014, Managing Director of European Franchise Business and Russia from 2010 – 2013, and Executive Vice President and Chief Marketing Officer KFC USA from 2008 - 2010. Prior to that Mr. Beni
Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and nine months ended September 30, 2024. Net Income Attributable to Common Shareholders ("EPS"), Funds from Operations ("FFO"), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations ("Core AFFO") for the three and nine months ended September 30, 2024 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release. Three Months Ended September 30, Nine Months Ended September 30, Per Diluted Share 2024 2023 2024 2023 EPS(1) ($0.04) $0.44 $1.13 $1.
Camden Property Trust (NYSE:CPT) (the "Company") announced today that its third quarter 2024 earnings will be released after the market closes on Thursday, October 31, 2024. Management will host a conference call on the following day, Friday, November 1, 2024, at 10:00 AM Central Time. Conference Call Domestic Dial-In Number: (888) 317-6003 International Dial-In Number: (412) 317-6061 Passcode: 6652140 Webcast: https://investors.camdenliving.com The Company strongly encourages interested parties to join the call via webcast in order to view any associated videos, slide presentations, etc. The dial-in phone line will be reserved for accredited analysts and investors who plan to pose questi
The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the "Company") declared a third quarter cash dividend of $1.03 per share to holders of record as of September 30, 2024 of its Common Shares of Beneficial Interest. The dividend is to be paid on October 17, 2024. Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States. Upon completion of 5 properties currently under development, the Company's portfolio will increase to 59,996
Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and six months ended June 30, 2024. Net Income Attributable to Common Shareholders ("EPS"), Funds from Operations ("FFO"), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations ("Core AFFO") for the three and six months ended June 30, 2024 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release. Three Months Ended June 30, Six Months Ended June 30, Per Diluted Share 2024 2023 2024 2023 EPS $ 0.40 $
Camden Property Trust (NYSE:CPT) (the "Company") announced today that its second quarter 2024 earnings will be released after the market closes on Thursday, August 1, 2024. Management will host a conference call on the following day, Friday, August 2, 2024, at 10:00 AM Central Time. Conference Call Domestic Dial-In Number: (888) 317-6003 International Dial-In Number: (412) 317-6061 Passcode: 5174172 Webcast: https://investors.camdenliving.com The Company strongly encourages interested parties to join the call via webcast in order to view any associated videos, slide presentations, etc. The dial-in phone line will be reserved for accredited analysts and investors who plan to pose quest
The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the "Company") declared a second quarter cash dividend of $1.03 per share to holders of record as of June 28, 2024 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2024. Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 171 properties containing 58,061 apartment homes across the United States. Upon completion of 4 properties currently under development, the Company's portfolio will increase to 59,227 apartm
Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three months ended March 31, 2024. Net Income Attributable to Common Shareholders ("EPS"), Funds from Operations ("FFO"), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations ("Core AFFO") for the three months ended March 31, 2024 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release. Three Months Ended March 31, Per Diluted Share 2024 2023 EPS $0.77 $0.39 FFO $1.67 $1.66 Core FFO $1.70 $1.66
Camden Property Trust (NYSE:CPT) (the "Company") announced today that its first quarter 2024 earnings will be released after the market closes on Thursday, May 2, 2024. Management will host a conference call on the following day, Friday, May 3, 2024, at 10:00 AM Central Time. Conference Call Domestic Dial-In Number: (888) 317-6003 International Dial-In Number: (412) 317-6061 Passcode: 0739105 Webcast: https://investors.camdenliving.com The Company strongly encourages interested parties to join the call via webcast in order to view any associated videos, slide presentations, etc. The dial-in phone line will be reserved for accredited analysts and investors who plan to pose questions to M
Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and twelve months ended December 31, 2023. Net Income Attributable to Common Shareholders ("EPS"), Funds from Operations ("FFO"), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations ("Core AFFO") for the three and twelve months ended December 31, 2023 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release. Three Months Ended Twelve Months Ended December 31, December 31, Per Diluted Share 2023 2022 2023 2022
Camden Property Trust (NYSE:CPT) announced today the income tax characteristics of its 2023 distributions paid to shareholders as they will be reported on Form 1099-DIV. The Company is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Forms 1099 to their account holders. The final classifications of the distributions for 2023 are as follows: Camden Property Trust – Common Shares (CUSIP – 133131102) Record Date Payment Date Total Distribution Per Share(1) Ordinary Taxable Dividends Qualified Dividends(2) Long Term Capital Gain Sec. 1250 Gain 25% Rate(3) Section 897(h) Gain(3
Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and nine months ended September 30, 2024. Net Income Attributable to Common Shareholders ("EPS"), Funds from Operations ("FFO"), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations ("Core AFFO") for the three and nine months ended September 30, 2024 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release. Three Months Ended September 30, Nine Months Ended September 30, Per Diluted Share 2024 2023 2024 2023 EPS(1) ($0.04) $0.44 $1.13 $1.
Camden Property Trust (NYSE:CPT) announced today that preliminary reports indicate only minor damage to the Company's apartment communities located in the southeastern United States from Hurricanes Helene and Milton. The Company will provide additional information or updates in the event of a material change in this situation. In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates, and projections about the industry and markets in which Camden operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees o
New Relationship Increases Access to EV Charging for Thousands of Multifamily Residents Across the U.S. 3V Infrastructure, a leading electric vehicle (EV) charging infrastructure investor, owner, and operator, backed by an affiliate of Greenbacker Capital Management, today announced a relationship with Camden Property Trust (NYSE:CPT), one of the nation's premier multifamily residential operators. The companies will deploy EV charging stations across portions of Camden's property portfolio, expanding access to reliable, at-home charging for thousands of U.S. residents. The multifamily housing sector faces growing pressure to meet increasing demand for accessible and reliable charging solu
Camden Property Trust (NYSE:CPT) (the "Company") announced today that its third quarter 2024 earnings will be released after the market closes on Thursday, October 31, 2024. Management will host a conference call on the following day, Friday, November 1, 2024, at 10:00 AM Central Time. Conference Call Domestic Dial-In Number: (888) 317-6003 International Dial-In Number: (412) 317-6061 Passcode: 6652140 Webcast: https://investors.camdenliving.com The Company strongly encourages interested parties to join the call via webcast in order to view any associated videos, slide presentations, etc. The dial-in phone line will be reserved for accredited analysts and investors who plan to pose questi
The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the "Company") declared a third quarter cash dividend of $1.03 per share to holders of record as of September 30, 2024 of its Common Shares of Beneficial Interest. The dividend is to be paid on October 17, 2024. Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States. Upon completion of 5 properties currently under development, the Company's portfolio will increase to 59,996
Camden Property Trust (NYSE:CPT) (the "Company") announced today that the Company will participate in the BofA Securities 2024 Global Real Estate Conference to be held September 10 – 12, 2024. Camden's presentation has been scheduled for Tuesday, September 10, 2024, at 12:45 PM 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 presentation will also be available in the Investors section of the Company's website. The Company also provided operating statistics for third quarter 2024 as detail
Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and six months ended June 30, 2024. Net Income Attributable to Common Shareholders ("EPS"), Funds from Operations ("FFO"), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations ("Core AFFO") for the three and six months ended June 30, 2024 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release. Three Months Ended June 30, Six Months Ended June 30, Per Diluted Share 2024 2023 2024 2023 EPS $ 0.40 $
Camden Property Trust (NYSE:CPT) (the "Company") announced today that its second quarter 2024 earnings will be released after the market closes on Thursday, August 1, 2024. Management will host a conference call on the following day, Friday, August 2, 2024, at 10:00 AM Central Time. Conference Call Domestic Dial-In Number: (888) 317-6003 International Dial-In Number: (412) 317-6061 Passcode: 5174172 Webcast: https://investors.camdenliving.com The Company strongly encourages interested parties to join the call via webcast in order to view any associated videos, slide presentations, etc. The dial-in phone line will be reserved for accredited analysts and investors who plan to pose quest
The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the "Company") declared a second quarter cash dividend of $1.03 per share to holders of record as of June 28, 2024 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2024. Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 171 properties containing 58,061 apartment homes across the United States. Upon completion of 4 properties currently under development, the Company's portfolio will increase to 59,227 apartm
Camden Property Trust (NYSE:CPT) (the "Company") announced today that it will participate in Nareit's REITweek 2024 Investor Conference which is being held June 3-6, 2024. The Company also provided operating statistics for second quarter 2024 as detailed below. Same Property Occupancy 1Q24 April 2024 May 2024* Occupancy 95.0% 95.2% 95.2% Same Property New Lease and Renewal Data – Date Signed(1) 1Q24 April 2024 May 2024* New Lease Rates (4.1)% (1.8)% (1.8)% Renewal Rates 3.4% 3.4% 3.9% Blended Rates (0.9)% 0.6%
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G - CAMDEN PROPERTY TRUST (0000906345) (Subject)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)