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Camden Property Trust (CPT) |
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Price: $125.6000
$2.50 
2.031%
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| Day's High:
| $125.72
| Week Perf:
| 3.53 %
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| Day's Low: |
$ 123.53 |
30 Day Perf: |
4.82 % |
| Volume (M): |
1,131 |
52 Wk High: |
$ 127.23 |
| Volume (M$): |
$ 142,054 |
52 Wk Avg: |
$101.70 |
| Open: |
$123.63 |
52 Wk Low: |
$82.81 |
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| Market Capitalization (Millions $) |
13,618 |
| Shares
Outstanding (Millions) |
108 |
| Employees |
1,650 |
| Revenues (TTM) (Millions $) |
1,555 |
| Net Income (TTM) (Millions $) |
405 |
| Cash Flow (TTM) (Millions $) |
84 |
| Capital Exp. (TTM) (Millions $) |
627 |
Camden Property Trust
Camden Property Trust is a real estate investment trust (REIT) that specializes in the ownership, development, and management of multifamily residential properties in the United States. It was founded in 1993 and is headquartered in Houston, Texas. Camden owns and operates over 160 apartment communities containing more than 56,000 residential units in the following states: Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Maryland, Nevada, North Carolina, Oregon, South Carolina, Tennessee, Texas, and Virginia.
Camden's rental units are primarily located in suburban areas and urban centers, with easy access to transportation and job centers. The company's portfolio includes apartment homes featuring a variety of floor plans, amenities, and services designed to meet the needs of different lifestyles and tastes. Some amenities include fitness centers, swimming pools, clubhouses, business centers, pet parks, car care centers, and more.
Camden is known for its commitment to sustainability and green building practices. The company has received numerous awards and recognitions for its efforts, including the ENERGY STAR Partner of the Year award from the U.S. Environmental Protection Agency and the National Apartment Association's (NAA) "Best Green Initiative" award.
In addition to its residential properties, Camden also offers a range of services through its subsidiary, Camden Services, Inc. These services include: resident service programs, maintenance and repair services, and procurement services for maintenance and construction supplies.
Camden's management team is led by CEO Ric Campo, who has been with the company since its inception. The company has a solid financial footing, with a market capitalization of over $12 billion as of 2021, making it one of the largest REITs in the industry. Camden is also listed on the NYSE under the ticker symbol "CPT" and has consistently paid quarterly dividends to its shareholders since 1995.
Company Address: 11 Greenway Plaza, Suite 2400 Houston, 77046 TX
Company Phone Number: 354-2500 Stock Exchange / Ticker: NYSE CPT
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| Stock Performances by Major Competitors |
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| Business Update
Published Fri, Sep 6 2024 5:09 AM UTC
Camden Property Trust Navigates 2024 with Strategic Conference Engagements and Strong Performance Metrics'Houston, TX??' Camden Property Trust (NYSE: CPT), a leading player in the real estate investment trust (REIT) sector, has recently announced its active participation in two major industry conferences for 2024. The company will attend both the BofA Securities 2024 Global...
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| Business Update
Published Thu, Sep 5 2024 9:09 PM UTC
'Camden Property Trust: Navigating 2024 with Strategic Conferences and Steady Performance'As the real estate market continues to evolve amid economic fluctuations, Camden Property Trust (NYSE: CPT) stands out for its proactive engagement with investors and stakeholders through participation in key industry conferences slated for 2024. The Texas-based real estate investment t...
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| Camden Property Trust
Camden Property Trust: Navigating Challenges and Surpassing Expectations in 2024
Camden Property Trust (NYSE:CPT) has recently exhibited robust stock performance, enjoying a notable 9.95% increase in its stock price over the past month and a remarkable 17.75% gain since the beginning of 2024. The company has also achieved its 52-week high. As investors and market analysts scrutinize these developments, they remain curious about how Camden's latest financial results, along with its strategic announcements, will shape future performance.
Dividend Announcement as a Sign of Resilience
On July 17, 2024, Camden announced a cash dividend of $1.03 per share for the second quarter, a move that underscores its commitment to shareholder value amidst a tough economic landscape. Scheduled for payment to shareholders of record as of June 28, 2024, this announcement reinforces Camden?s reputation as a reliable source of income for investors, even as many firms face economic headwinds.
Financial Performance Review
Despite the positive stock activity, Camden Property Trust's financial results paint a more complicated picture. The company reported a revenue of $389.76 million for Q2 2024, which marked a modest increase of just 0.916% compared to the previous quarter. However, this growth is eclipsed by a staggering income contraction of 52.38% year-over-year, with earnings declining to $0.40 per share. In fact, earnings of $44.81 million fell sharply from $92.94 million in the same period a year prior. This significant drop raises critical questions about the company's overall health going forward.
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| Dividend
Published Mon, Jun 17 2024 4:38 AM UTC
Camden Property Trust Announces Second Quarter 2024 Dividend, Demonstrating Resilience Amidst Challenging Economic Climate
In an official press release, Camden Property Trust (NYSE:CPT), an S&P 500 Real Estate company, announced its second-quarter cash dividend of $1.03 per share. This dividend will be paid to holders of record as of June 28, 2024, and is scheduled to be...
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| Dividend
Published Sun, Jun 16 2024 4:57 AM UTC
Camden Property Trust Shows Strength with Second Quarter Dividend Declaration
As the real estate market continues to navigate through uncertain times, Camden Property Trust (NYSE:CPT) has demonstrated its resilience with the announcement of a second quarter cash dividend of $1.03 per share. The Board of Trust Managers declared this dividend to holders of record as of Jun...
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| Per Share |
Current |
| Earnings (TTM) |
3.61 $ |
| Revenues (TTM) |
14.34 $
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| Cash Flow (TTM) |
0.78 $ |
| Cash |
0.87 $
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| Book Value |
45.44 $
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| Dividend (TTM) |
6.06 $ |
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| Per Share |
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| Earnings (TTM) |
3.61 $
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| Revenues (TTM) |
14.34 $ |
| Cash Flow (TTM) |
0.78 $ |
| Cash |
0.87 $
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| Book Value |
45.44 $ |
| Dividend (TTM) |
6.06 $ |
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On February 1 2024 the Camden Property Trust provided following guidance
Camden Property Trust, a leading real estate investment trust, reported its operating results for the fourth quarter and full year of 2023. The company disclosed its 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 respective periods.
For the three months ended December 31, 2023, the company reported a net income attributable to common shareholders of [insert figure]. The FFO for the same period stood at [insert figure], while the Core FFO and Core AFFO were [insert figures].
In terms of the twelve-month period ending December 31, 2023, the net income attributable...
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