Camden Property TrustCPT
CPT
About: Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.
Employees: 1,640
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
148% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 40
25% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 5 (+1) [Q3]
10% more funds holding
Funds holding: 525 [Q2] → 575 (+50) [Q3]
8% more capital invested
Capital invested by funds: $11.6B [Q2] → $12.5B (+$907M) [Q3]
2% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 196
4.78% less ownership
Funds ownership: 99.44% [Q2] → 94.67% (-4.78%) [Q3]
47% less call options, than puts
Call options by funds: $6.73M | Put options by funds: $12.8M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$121
7%
upside
Avg. target
$128
14%
upside
High target
$138
23%
upside
6 analyst ratings
2 positive
33%
3 neutral
50%
1 negative
17%
Mizuho Vikram Malhorta 67% 1-year accuracy 12 / 18 met price target | 11%upside $125 | Outperform Maintained | 6 Jan 2025 |
Barclays Anthony Powell 40% 1-year accuracy 12 / 30 met price target | 23%upside $138 | Overweight Initiated | 17 Dec 2024 |
JP Morgan Anthony Paolone 33% 1-year accuracy 6 / 18 met price target | 14%upside $128 | Underweight Downgraded | 17 Dec 2024 |
Scotiabank Nicholas Yulico 42% 1-year accuracy 15 / 36 met price target | 15%upside $130 | Sector Perform Maintained | 14 Nov 2024 |
Stifel Simon Yarmak 47% 1-year accuracy 17 / 36 met price target | 7%upside $121 | Hold Downgraded | 13 Nov 2024 |
Financial journalist opinion
Based on 13 articles about CPT published over the past 30 days
Neutral
Seeking Alpha
1 day ago
The End Of An Era
U.S. equity and bond markets posted their best week since the November election, as benchmark interest rates tumbled after inflation data showed surprisingly muted pressures in December. Closing the books on the Biden era, the Trump Administration assumes the reins next week of a U.S. economy that has seemingly "held it together" through a myriad of headwinds. The worst four years of inflation and the first decline in "real" consumer incomes since the late 1970s paradoxically coincided with a robust period of job growth and historically low unemployment.
Positive
Seeking Alpha
6 days ago
If I Could Only Give You 3 Investments For 2025
Low valuation + catalyst = big profits. Some real estate companies have gotten really cheap recently. I present 3 of my largest holdings going into 2025.
Neutral
Business Wire
1 week ago
Camden Property Trust Announces Fourth Quarter 2024 Earnings Release and Conference Call Dates
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its fourth quarter 2024 earnings will be released after the market closes on Thursday, February 6, 2025. Management will host a conference call on the following day, Friday, February 7, 2025, at 10:00 AM Central Time. Conference Call Domestic Dial-In Number: (888) 317-6003 International Dial-In Number: (412) 317-6061 Passcode: 6537406 Webcast: https://investors.camdenliving.com The Company strongly e.
Positive
Seeking Alpha
1 week ago
Apartment Rents Are Too Low
Apartment rental rates are significantly below equilibrium due to oversupply from zero interest rate policies, with rents expected to rise 10%-20% by 2027. Investment opportunities in apartment REITs are promising; current low valuations present a buying opportunity as equilibrium is restored and rents increase. Coastal, Midwestern, and Sunbelt apartment REITs, as well as Canadian REIT BSR, offer varied prospects based on regional supply/demand dynamics and management capabilities.
Neutral
Seeking Alpha
1 week ago
Fire And Ice
US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. Prompting a hawkish re-think of Fed policy expectations, inflation worries were further inflamed by surging energy prices amid frigid temperatures across the Central and East, while L.A. battled destructive wildfires. Real estate equities - the most rate-sensitive sector - were significant laggards this week as rate cut expectations soured, with REITs extending their year-end slide into early 2025.
Positive
Seeking Alpha
1 week ago
Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor
REITs are so cheap that they are getting the attention of billionaires. Legendary investor Barry Sternlicht is loading up on REITs. We discuss what he is buying and why.
Neutral
Business Wire
1 week ago
Camden Property Trust Provides Update on Los Angeles Wildfires
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its apartment communities located in the Los Angeles area have not sustained damage from the recent wildfires and the Company stands ready to assist those affected in need of housing. “Our top priority during times like this is focusing on the health and safety of our residents and team members, and helping our neighbors who have been impacted by this devastating event,” said Richard J. Campo, Camden.
Neutral
Business Wire
1 week ago
Camden Property Trust Issues Response to Department of Justice Lawsuit
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) disagrees with the allegations made in the amended complaint against RealPage, which added Camden and others as defendants. Camden will vigorously defend itself against these claims and intends to move for dismissal. Camden exists to improve the lives of our employees, residents, and shareholders one experience at a time. Since its founding, Camden has been dedicated to providing Living Excellence to our residents. Much of the Departmen.
Neutral
Seeking Alpha
2 weeks ago
Sector Spotlight: Multifamily REITs - They Survived Until 2025!
COVID-19 led to a migration to Sunbelt cities, causing a surge in apartment rents and subsequent overbuilding, which is now stabilizing. Multifamily REITs saw a decline in valuations but are now modestly valued with a P/AFFO multiple averaging 18.3x, higher than the broader REIT market. Despite suppressed rent growth and occupancy, strong job markets and reduced new supply suggest the potential for landlords to regain pricing power.
Positive
Seeking Alpha
3 weeks ago
What Are The Top REITs For 2025?
REITs are offering a once-in-a-decade opportunity. They are heavily discounted and some enjoy strong catalysts in 2025. This could lead to significant upside. Here are some of my top picks.
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