Su Arslanoglu Camden Property Trust (NYSE:CPT) anticipates lower Core funds from operations, or FFO, per share and flat same-property NOI due to weaker leasing spreads caused by increased apartment supply. Revenue growth is challenged by rising expenses, while leasing spreads decline ahead of NOI changes. Same Property NOI Let’s take a look at same property…
Art Wager/E+ via Getty Images Camden Property Trust (NYSE:CPT), although a solid REIT with a strong human moat, a good debt outlook, and a strong portfolio, is probably headed into years of underperformance caused by oversupply in its primary markets. A REIT Of Sunbelt Apartments CPT is an S&P 500 REIT whose primary focus is…
Brandon Bell/Getty Images News Shares of Camden Property Trust (NYSE:CPT) have been a material underperformer over the past year as higher rates have weighed on real estate valuations. On top of this, a surge of supply has negatively impacted the apartment sector, pushing down rents. Last September, I rated CPT a buy, arguing shares had…
elxeneize The REIT sector has experienced a small revival in the last quarter of 2023, following the Federal Reserve hinting that the hiking cycle is effectively over and 2024 will finally see interest rates actually decline. Although there is still a debate ongoing regarding how soon and how quickly rates will actually fall, it is…
TonTectonix/iStock via Getty Images Camden Property Trust (NYSE:CPT) is in focus today. The REIT sustained a year-over-year drawdown of approximately 25%; however, as conveyed by the diagram below, most Seeking Alpha and Wall Street analysts are upbeat about its prospects. It is, therefore, an interesting discussion to partake in, given that most think an inflection…
Camden National Corporation (NASDAQ:CAC) Q3 2023 Earnings Conference Call October 31, 2023 3:00 PM ET Company Participants Greg Dufour – President and CEO Mike Archer – Executive Vice President and CFO Conference Call Participants Steve Moss – Raymond James Damon DelMonte – KBW Operator Good day. And welcome to Camden National Corporation’s Third Quarter 2023…
krblokhin Earnings of Camden National Corporation (NASDAQ:CAC) will most probably decline this year because of margin shrinkage. On the other hand, subdued loan growth will offer some support to the bottom line. Overall, I’m expecting Camden National to report earnings of $3.39 per share for 2023, down 19% year-over-year. Compared to my last report on…
Matteo Colombo Introduction Although I own a number of higher-yielding investments, my investment strategy is mainly focused on dividend growth. Despite that focus, I have a wide range of higher-yielding stocks on my radar. One of them is Camden Property Trust (NYSE:CPT), one of the best-performing REITs on the market. This company has an impressive…