CPT Stock Overview
Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.
Camden Property Trust Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$165.21|
|52 Week High||US$171.56|
|52 Week Low||US$94.59|
|1 Month Change||1.29%|
|3 Month Change||8.33%|
|1 Year Change||67.35%|
|3 Year Change||78.09%|
|5 Year Change||112.27%|
|Change since IPO||618.30%|
Recent News & Updates
Camden Property Trust: A Deep Dive
Camden Property Trust is an apartment REIT with a rare A- credit rating. Camden holds apartments in the very hottest markets in the US. We look at their methods and prospects for growing earnings and consider valuation.
|CPT||US REITs||US Market|
Return vs Industry: CPT exceeded the US REITs industry which returned 26.7% over the past year.
Return vs Market: CPT exceeded the US Market which returned 20% over the past year.
|CPT Average Weekly Movement||2.5%|
|REITs Industry Average Movement||3.5%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: CPT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: CPT's weekly volatility (2%) has been stable over the past year.
About the Company
Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company’s portfolio will increase to 59,104 apartment homes in 174 properties.
Camden Property Trust Fundamentals Summary
|CPT fundamental statistics|
Is CPT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CPT income statement (TTM)|
|Cost of Revenue||US$443.55m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.16|
|Net Profit Margin||10.71%|
How did CPT perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is Camden Property Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CPT ($165.21) is trading below our estimate of fair value ($191.46)
Significantly Below Fair Value: CPT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CPT is poor value based on its PE Ratio (143x) compared to the US REITs industry average (45.6x).
PE vs Market: CPT is poor value based on its PE Ratio (143x) compared to the US market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: CPT is poor value based on its PEG Ratio (6.4x)
Price to Book Ratio
PB vs Industry: CPT is overvalued based on its PB Ratio (4.4x) compared to the US REITs industry average (2x).
How is Camden Property Trust forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CPT's forecast earnings growth (22.4% per year) is above the savings rate (2%).
Earnings vs Market: CPT's earnings (22.4% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CPT's revenue (7% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: CPT's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CPT's Return on Equity is forecast to be low in 3 years time (6.1%).
How has Camden Property Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CPT has high quality earnings.
Growing Profit Margin: CPT's current net profit margins (10.7%) are lower than last year (17.7%).
Past Earnings Growth Analysis
Earnings Trend: CPT's earnings have declined by 24.1% per year over the past 5 years.
Accelerating Growth: CPT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CPT had negative earnings growth (-36.6%) over the past year, making it difficult to compare to the REITs industry average (27.7%).
Return on Equity
High ROE: CPT's Return on Equity (3.2%) is considered low.
How is Camden Property Trust's financial position?
Financial Position Analysis
Short Term Liabilities: CPT's short term assets ($453.1M) exceed its short term liabilities ($367.6M).
Long Term Liabilities: CPT's short term assets ($453.1M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: CPT's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: CPT's debt to equity ratio has increased from 79.5% to 80.2% over the past 5 years.
Debt Coverage: CPT's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: CPT's interest payments on its debt are not well covered by EBIT (2.3x coverage).
What is Camden Property Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CPT's dividend (2.01%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: CPT's dividend (2.01%) is low compared to the top 25% of dividend payers in the US market (3.63%).
Stability and Growth of Payments
Stable Dividend: CPT's dividends per share have been stable in the past 10 years.
Growing Dividend: CPT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65%), CPT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CPT's dividends in 3 years are forecast to be covered by earnings (57.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ric Campo (66 yo)
Mr. Richard J. Campo, also known as Ric, serves as the Chief Executive Officer, Chairman and Trust Manager of Camden Property Trust since May 1993. As the Chairman and CEO of one of the nation’s largest mu...
CEO Compensation Analysis
Compensation vs Market: Ric's total compensation ($USD3.87M) is below average for companies of similar size in the US market ($USD11.14M).
Compensation vs Earnings: Ric's compensation has been consistent with company performance over the past year.
Experienced Management: CPT's management team is seasoned and experienced (8.7 years average tenure).
Experienced Board: CPT's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CPT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.8%.
Camden Property Trust's employee growth, exchange listings and data sources
- Name: Camden Property Trust
- Ticker: CPT
- Exchange: NYSE
- Founded: 1993
- Industry: Residential REITs
- Sector: Real Estate
- Implied Market Cap: US$17.171b
- Market Cap: US$16.884b
- Shares outstanding: 103.90m
- Website: https://www.camdenliving.com
Number of Employees
- Camden Property Trust
- 11 Greenway Plaza
- Suite 2400
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 23:56|
|End of Day Share Price||2021/11/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.