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 apartment homes in 177 properties. Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 17 consecutive years, most recently ranking #24.
Leasing Momentum | Camden Property Trust outperforms peers with 40 basis point improvement in rent growth, reaching 1.0% in June 2024 and continuing to rise in July |
Financial Outlook | Analysts revise estimates upward by 2%, but caution persists regarding FFO growth for 2025 and ability to meet second-half 2024 projections |
Market Dynamics | Explore how CPT navigates shifting supply-demand balance, potential interest rate impacts, and geographic diversification challenges |
Analyst Perspectives | RBC Capital Markets sets a price target of $122.00, reflecting a cautious outlook amidst evolving market conditions and operational uncertainties |
Metrics to compare | CPT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipCPTPeersSector | |
---|---|---|---|---|
P/E Ratio | 37.8x | −6.6x | 7.4x | |
PEG Ratio | 0.72 | 0.07 | 0.01 | |
Price/Book | 2.8x | 1.6x | 0.9x | |
Price / LTM Sales | 8.5x | 6.2x | 4.0x | |
Upside (Analyst Target) | 4.2% | 9.2% | 15.8% | |
Fair Value Upside | Unlock | −5.1% | 0.0% | Unlock |