Jefferies initiated coverage on Camden Property with a new price target
$CPT
Real Estate Investment Trusts
Real Estate
Jefferies initiated coverage of Camden Property with a rating of Hold and set a new price target of $123.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
10-Q - CAMDEN PROPERTY TRUST (0000906345) (Filer)
8-K - CAMDEN PROPERTY TRUST (0000906345) (Filer)
8-K - CAMDEN PROPERTY TRUST (0000906345) (Filer)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
SC 13G/A - CAMDEN PROPERTY TRUST (0000906345) (Subject)
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
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 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
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
4 - CAMDEN PROPERTY TRUST (0000906345) (Issuer)
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
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