About Camden Property Trust (NYSE:CPT)
Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States. The Company also owns land holdings, which it may develop into multifamily communities. The Company's properties consist of mid-rise buildings or two and three story buildings in a landscaped setting and provide residents with a range of amenities common to multifamily rental properties. The 152 operating properties in which the Company owned interests and operated, as of December 31, 2016, averaged 953 square feet of living area per apartment home. As of December 31, 2016, 137 of its operating properties had over 200 apartment homes.
Industry, Sector and Symbol
Industry REAL ESTATE
Trailing P/E Ratio40.3620969623665
Forward P/E Ratio17.96
Sales & Book Value
Annual Sales$900.90 million
Price / Sales8.72
Cash Flow$5.01 per share
Price / Cash16.92
Book Value$37.60 per share
Price / Book2.25
Net Income$196.42 million
Return on Equity6.01%
Return on Assets3.26%
Camden Property Trust (NYSE:CPT) Frequently Asked Questions
What is Camden Property Trust's stock symbol?
Camden Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPT."
How often does Camden Property Trust pay dividends? What is the dividend yield for Camden Property Trust?
Camden Property Trust declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Friday, March 30th will be given a dividend of $0.77 per share on Tuesday, April 17th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date is Wednesday, March 28th. This is a boost from Camden Property Trust's previous quarterly dividend of $0.75. View Camden Property Trust's Dividend History.
How were Camden Property Trust's earnings last quarter?
Camden Property Trust (NYSE:CPT) posted its earnings results on Thursday, February, 1st. The real estate investment trust reported $0.91 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.18 by $0.27. The real estate investment trust earned $229.80 million during the quarter, compared to the consensus estimate of $228.99 million. Camden Property Trust had a return on equity of 6.01% and a net margin of 21.80%. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.15 earnings per share. View Camden Property Trust's Earnings History.
When will Camden Property Trust make its next earnings announcement?
What guidance has Camden Property Trust issued on next quarter's earnings?
Camden Property Trust issued an update on its FY18 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of $4.62-4.82 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.79. Camden Property Trust also updated its Q1 guidance to $1.11-1.15 EPS.
Where is Camden Property Trust's stock going? Where will Camden Property Trust's stock price be in 2018?
13 equities research analysts have issued 1 year price targets for Camden Property Trust's stock. Their forecasts range from $81.00 to $100.00. On average, they anticipate Camden Property Trust's share price to reach $91.15 in the next twelve months. View Analyst Ratings for Camden Property Trust.
Who are some of Camden Property Trust's key competitors?
Some companies that are related to Camden Property Trust include New World Development (NDVLY), Realty Income (O), Host Hotels and Resorts (HST), GECINA (GECFF), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Annaly Capital Management (NLY), Sino Land (SNLAY), Zillow Group (Z), Extra Space Storage (EXR), HCP (HCP), Mid-America Apartment Communities (MAA), Regency Centers (REG), Land Securities Gp (LSGOF), UDR (UDR), Iron Mountain Incorporated (Delaware) REIT (IRM), Duke Realty (DRE) and City Developments (CDEVY).
Who are Camden Property Trust's key executives?
Camden Property Trust's management team includes the folowing people:
- Richard J. Campo, Chairman of the Board of Trust Managers, Chief Executive Officer (Age 62)
- David Keith Oden, President, Trust Manager (Age 60)
- Alexander J. Jessett, Chief Financial Officer, Executive Vice President - Finance, Treasurer (Age 42)
- Herbert Malcolm Stewart, Chief Operating Officer (Age 65)
- William W. Sengelmann, Executive Vice President - Real Estate Investments (Age 58)
- Kelvin R. Westbrook, Lead Independent Trust Manager (Age 61)
- Heather J. Brunner, Independent Trust Manager (Age 48)
- Scott S. Ingraham, Independent Trust Manager (Age 63)
- Renu Khator, Independent Trust Manager (Age 61)
- William B. McGuire Jr., Independent Trust Manager (Age 72)
Who owns Camden Property Trust stock?
Camden Property Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.30%), Deutsche Bank AG (3.83%), Bank of New York Mellon Corp (2.92%), Goldman Sachs Group Inc. (2.72%), Lasalle Investment Management Securities LLC (1.54%) and Geode Capital Management LLC (1.04%). Company insiders that own Camden Property Trust stock include Alexander J Jessett, D Keith Oden, F Gardner Parker, H Malcolm Stewart, Kelvin R Westbrook, Lewis A Levey, Michael P Gallagher, Richard J Campo, William B Mcguire, William F Paulsen and William W Sengelmann. View Institutional Ownership Trends for Camden Property Trust.
Who sold Camden Property Trust stock? Who is selling Camden Property Trust stock?
Camden Property Trust's stock was sold by a variety of institutional investors in the last quarter, including Lasalle Investment Management Securities LLC, AEW Capital Management L P, Eagle Asset Management Inc., Sei Investments Co., Two Sigma Investments LP, Credit Agricole S A, Two Sigma Advisers LP and Alliancebernstein L.P.. Company insiders that have sold Camden Property Trust company stock in the last year include Alexander J Jessett, D Keith Oden, F Gardner Parker, H Malcolm Stewart, Kelvin R Westbrook, Richard J Campo, William B Mcguire, William F Paulsen and William W Sengelmann. View Insider Buying and Selling for Camden Property Trust.
Who bought Camden Property Trust stock? Who is buying Camden Property Trust stock?
Camden Property Trust's stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., BlackRock Inc., Deutsche Bank AG, AMP Capital Investors Ltd, Bank of New York Mellon Corp, Heitman Real Estate Securities LLC, Millennium Management LLC and Renaissance Technologies LLC. View Insider Buying and Selling for Camden Property Trust.
How do I buy Camden Property Trust stock?
Shares of Camden Property Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Camden Property Trust's stock price today?
One share of Camden Property Trust stock can currently be purchased for approximately $84.76.
How big of a company is Camden Property Trust?
Camden Property Trust has a market capitalization of $7.80 billion and generates $900.90 million in revenue each year. The real estate investment trust earns $196.42 million in net income (profit) each year or $2.10 on an earnings per share basis. Camden Property Trust employs 1,600 workers across the globe.
How can I contact Camden Property Trust?
Camden Property Trust's mailing address is 11 Greenway Plaza Suite 2400, Houston TX, 77046. The real estate investment trust can be reached via phone at 713-354-2500 or via email at [email protected]
MarketBeat Community Rating for Camden Property Trust (CPT)MarketBeat's community ratings are surveys of what our community members think about Camden Property Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Camden Property Trust (NYSE:CPT) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.62||2.64||2.60||2.69|
|Ratings Breakdown: ||0 Sell Rating(s)|
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$91.15||$91.64||$93.47||$91.69|
|Price Target Upside: ||7.54% upside||12.87% upside||1.69% upside||2.41% downside|
Camden Property Trust (NYSE:CPT) Consensus Price Target History
Camden Property Trust (NYSE:CPT) Analyst Ratings History
(Data available from 3/18/2016 forward)
Camden Property Trust (NYSE:CPT) Earnings History and Estimates Chart
Camden Property Trust (NYSE CPT) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/1/2018||Q4 2017||$1.18||$0.91||$228.99 million||$229.80 million||View||Listen|
|10/26/2017||Q3 2017||$1.14||$1.11||$226.41 million||$228.18 million||View||N/A|
|7/27/2017||Q2 2017||$1.13||$1.15||$222.44 million||$222.40 million||View||N/A|
|5/4/2017||Q1 2017||$1.10||$1.09||$218.19 million||$219.50 million||View||Listen|
|2/7/2017||Q416||$1.14||$1.15||$218.54 million||$217.14 million||View||Listen|
|10/27/2016||Q316||$1.10||$1.13||$218.51 million||$220.20 million||View||N/A|
|7/28/2016||Q216||$1.15||$1.15||$220.32 million||$221.50 million||View||N/A|
|4/28/2016||Q116||$1.19||$1.20||$231.63 million||$217.59 million||View||N/A|
|1/28/2016||Q415||$1.20||$1.20||$228.80 million||$229.67 million||View||Listen|
|10/29/2015||Q315||$1.15||$1.14||$225.87 million||$227.20 million||View||Listen|
|7/30/2015||Q215||$1.10||$1.12||$219.06 million||$220.65 million||View||Listen|
|4/30/2015||Q414||$1.07||$1.08||$216.10 million||$215.43 million||View||N/A|
|1/28/2015||Q314||$1.01||$1.10||$214.62 million||$216.45 million||View||N/A|
|10/30/2014||Q3 2014||$1.07||$0.43||$211.89 million||$213.10 million||View||N/A|
|7/31/2014||Q214||$1.04||$1.05||$208.94 million||$208.94 million||View||N/A|
|5/6/2014||Q1||$1.04||$1.05||$205.72 million||$205.90 million||View||N/A|
|1/31/2014||Q413||$1.02||$0.97||$207.13 million||$204.32 million||View||N/A|
|11/1/2013||Q313||$1.02||$1.04||$208.00 million||$202.00 million||View||N/A|
|7/25/2013||Q213||$0.99||$1.02||$201.21 million||$201.53 million||View||N/A|
|5/2/2013||Q113||$0.95||$0.96||$195.70 million||$196.20 million||View||N/A|
|1/31/2013||Q412||$0.96||$0.97||$195.85 million||$191.40 million||View||N/A|
|11/1/2012||Q312||$0.90||$0.93||$168.05 million||$166.18 million||View||N/A|
Camden Property Trust (NYSE:CPT) Earnings Estimates
2018 EPS Consensus Estimate: $4.75
2019 EPS Consensus Estimate: $5.01
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Camden Property Trust (NYSE:CPT) Dividend Information
|Dividend Growth:||4.80% (3 Year Average)|
|Payout Ratio:||142.86% (Trailing 12 Months of Earnings) |
63.56% (Based on This Year's Estimates)
60.24% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Camden Property Trust (NYSE:CPT) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Camden Property Trust (NYSE CPT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 4.70%
Institutional Ownership Percentage: 97.49%
Camden Property Trust (NYSE CPT) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/5/2018||Kelvin R Westbrook||Director||Sell||425||$88.42||$37,578.50||20,477|| |
|1/5/2018||William W Sengelmann||EVP||Sell||4,478||$88.42||$395,944.76||66,567|| |
|12/11/2017||D Keith Oden||President||Sell||55,682||$92.27||$5,137,778.14||364,771|| |
|12/8/2017||D Keith Oden||President||Sell||13,086||$92.25||$1,207,183.50||364,771|| |
|12/8/2017||Richard J Campo||Chairman||Sell||52,247||$92.27||$4,820,830.69||344,201|| |
|11/16/2017||Richard J Campo||Chairman||Sell||379||$94.44||$35,792.76||338,519|| |
|8/9/2017||William W Sengelmann||EVP||Sell||5,085||$90.15||$458,412.75||71,836|| |
|8/8/2017||H Malcolm Stewart||COO||Sell||11,174||$89.75||$1,002,866.50||253,456|| |
|8/8/2017||William B Mcguire||Director||Sell||3,234||$89.77||$290,316.18||1,007|| |
|8/8/2017||William W Sengelmann||EVP||Sell||763||$89.76||$68,486.88||71,836|| |
|8/7/2017||Alexander J Jessett||EVP||Sell||11,788||$89.81||$1,058,680.28||56,783|| |
|8/7/2017||D Keith Oden||President||Sell||86,540||$89.43||$7,739,272.20|| |
|6/13/2017||William F Paulsen||Director||Sell||2,227||$87.18||$194,149.86||14,284|| |
|3/21/2017||F Gardner Parker||Director||Sell||741||$81.03||$60,043.23||12,074|| |
|2/27/2017||William W Sengelmann||EVP||Sell||16,118||$84.79||$1,366,645.22||72,294|| |
|1/4/2017||Lewis A Levey||Director||Sell||2,931||$85.46||$250,483.26||9,721|| |
|1/4/2017||William W Sengelmann||EVP||Sell||1,540||$85.22||$131,238.80||77,149|| |
|11/7/2016||William B Mcguire||Director||Sell||2,124||$81.76||$173,658.24||2,015|| |
|9/22/2016||William W Sengelmann||EVP||Sell||5,878||$85.56||$502,921.68||78,689|| |
|9/8/2016||H Malcolm Stewart||COO||Sell||11,122||$89.63||$996,864.86||252,526|| |
|8/9/2016||H Malcolm Stewart||COO||Sell||11,446||$87.27||$998,892.42||264,012|| |
|8/2/2016||Richard J Campo||Chairman||Sell||22,318||$88.33||$1,971,348.94||410,649|| |
|6/24/2016||William W. Sengelmann||EVP||Sell||2,398||$84.50||$202,631.00|| |
|5/27/2016||Alexander J Jessett||CFO||Sell||11,936||$85.04||$1,015,037.44||56,889|| |
|5/26/2016||Michael P Gallagher||CAO||Sell||13,703||$84.82||$1,162,288.46||29,802|| |
|5/26/2016||William F Paulsen||Director||Sell||1,460||$85.10||$124,246.00||24,909|| |
|5/24/2016||Lewis A Levey||Director||Sell||3,949||$84.72||$334,559.28||6,790|| |
|5/17/2016||Richard J Campo||CEO||Sell||110,000||$85.80||$9,438,000.00||370,544|| |
|5/6/2016||H Malcolm Stewart||COO||Sell||32,207||$83.99||$2,705,065.93||282,997|| |
|5/6/2016||Lewis A Levey||Director||Sell||10,000||$84.54||$845,400.00||8,615|| |
|5/4/2016||Lewis A Levey||Director||Sell||10,000||$83.02||$830,200.00||8,615|| |
|1/5/2016||Alexander J. Jessett||CFO||Sell||5,026||$76.91||$386,549.66||54,476|| |
|1/5/2016||Kelvin R Westbrook||Director||Sell||425||$76.92||$32,691.00||16,977|| |
|1/5/2016||William W Sengelmann||EVP||Sell||1,960||$76.92||$150,763.20||74,347|| |
|11/3/2015||William B Mcguire||Director||Sell||3,827||$75.82||$290,163.14||3,022|| |
|9/8/2015||Lewis A Levey||Director||Sell||4,314||$70.30||$303,274.20||9,310|| |
|8/13/2015||Lewis A Levey||Director||Sell||10,000||$79.96||$799,600.00|| |
|6/18/2015||Lewis A Levey||Director||Sell||10,000||$77.30||$773,000.00|| |
|3/24/2015||H Malcolm Stewart||COO||Sell||12,427||$79.81||$991,798.87|| |
|2/19/2015||H Malcolm Stewart||COO||Sell||10,480||$74.55||$781,284.00|| |
|2/10/2015||D Keith Oden||President||Sell||13,376||$75.17||$1,005,473.92|| |
|1/5/2015||Alexander J Jessett||CFO||Sell||11,442||$75.07||$858,950.94|| |
|1/5/2015||H Malcolm Stewart||COO||Sell||9,628||$75.07||$722,773.96|| |
|1/5/2015||William B Mcguire||Director||Sell||1,006||$75.07||$75,520.42|| |
|1/5/2015||William W Sengelmann||EVP||Sell||1,782||$75.07||$133,774.74|| |
|11/12/2014||William B Mcguire||Director||Sell||1,403||$76.10||$106,768.30|| |
|9/15/2014||Lewis A Levey||Director||Sell||5,308||$69.90||$371,029.20|| |
|9/15/2014||Thomas H Sloan||SVP||Sell||3,093||$69.90||$216,200.70|| |
|9/10/2014||H Malcolm Stewart||COO||Sell||13,900||$73.25||$1,018,175.00|| |
|8/26/2014||Laurie Baker||SVP||Sell||1,480||$74.37||$110,067.60|| |
|8/19/2014||Lewis A Levey||Director||Sell||20,000||$74.64||$1,492,800.00|| |
|8/11/2014||William W Sengelmann||SVP||Sell||4,058||$73.46||$298,100.68|| |
|6/5/2014||Thomas H Sloan||SVP||Sell||1,000||$71.55||$71,550.00|| |
|5/29/2014||Cynthia B Scharringhausen||SVP||Sell||11,850||$70.00||$829,500.00|| |
|5/13/2014||Michael Gallagher||CAO||Sell||1,949||$71.44||$139,236.56||26,280|| |
|4/14/2014||Laurie Baker||SVP||Sell||1,000||$67.04||$67,040.00||43,853|| |
|4/7/2014||J Robert Fisher||SVP||Sell||2,620||$68.32||$178,998.40||21,289|| |
|3/26/2014||Laurie Baker||SVP||Sell||2,032||$67.58||$137,322.56||44,853|| |
|3/25/2014||Kimberly Callahan||SVP||Sell||2,930||$67.59||$198,038.70||27,230|| |
|3/25/2014||Lewis Levey||Director||Sell||6,185||$67.59||$418,044.15||14,896|| |
|1/9/2014||D Keith Oden||President||Sell||1,716||$58.53||$100,437.48||390,444|| |
|12/5/2013||William Mcguire||Director||Sell||1,539||$60.25||$92,724.75||5,952|| |
|9/19/2013||H Malcolm Stewart||COO||Sell||2,100||$67.03||$140,763.00||277,256|| |
|5/20/2013||William F Paulsen||Director||Sell||1,127||$74.98||$84,502.46|| |
|5/16/2013||Cynthia B Scharringhausen||SVP||Sell||7,917||$74.75||$591,795.75|| |
|5/16/2013||Dennis Steen||CFO||Sell||7,969||$74.71||$595,363.99|| |
|5/14/2013||H Malcolm Stewart||COO||Sell||27,407||$74.13||$2,031,680.91|| |
|5/14/2013||Kimberly Callahan||SVP||Sell||6,966||$74.10||$516,180.60|| |
|5/10/2013||Dennis Steen||CFO||Sell||9,722||$73.07||$710,386.54|| |
Camden Property Trust (NYSE CPT) News Headlines
Camden Property Trust (NYSE:CPT) SEC Filings
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Camden Property Trust (NYSE:CPT) Income Statement, Balance Sheet and Cash Flow Statement
Camden Property Trust (NYSE CPT) Stock Chart for Sunday, March, 18, 2018