Camden Property Trust (CPT)

In the past six months, Camden Property Trust's stock has been impacted by several events, including the announcement of its second-quarter 2025 earnings release and operating results. The Q2 2025 earnings call transcript highlighted strong apartment demand in Sunbelt markets and an expectation for rental rates to firm by early 2026. The company declared second and third-quarter cash dividends of $1.05 per share. Camden also announced its participation in upcoming real estate conferences and provided a third-quarter 2025 operating update. Analyst sentiment has been mixed, with some downgrades citing concerns over rent growth and elevated vacancy in Sunbelt markets, while others upgraded the stock. There was also news of the U.S. Department of Justice adding large landlords, including Camden, to an antitrust suit in January 2025.

Demand for Camden Property Trust's products and services is subject to seasonality, with spring and summer being the most active seasons due to families moving when children are out of school and college graduates seeking new housing. This peak demand often leads to higher rent prices and faster turnaround times for units. Conversely, the rental market typically slows down during the fall and winter months, with demand for apartments being lowest around December. Recent data suggests a shift in this traditional pattern, with rent growth peaking in March rather than July for the past three years, and declines starting in August. Despite these shifts, Camden's CEO noted strong apartment demand in Sunbelt markets in Q2 2025, with new supply peaking and expectations for rental rates to firm by early 2026.

Camden Property Trust (CPT) is a publicly traded REIT specializing in the ownership, development, and management of multifamily residential communities, operating within the Real Estate sector. Camden's core business segments include owning and operating residential communities, development and construction of new multifamily properties, and providing property management services. Their residential offerings range from luxury apartments to mid-market and pet-friendly communities. Camden operates as a vertically integrated REIT, managing all aspects from property acquisition and development to leasing and management. The company generates revenue primarily through rental income, development gains, and property management fees.

Camden Property Trust has a significant geographic footprint across major metropolitan areas in the United States. As of July 31, 2025, the company owned and operated 173 properties containing 59,046 apartment homes across the United States. Upon completion of four properties currently under development, the portfolio will expand to 177 properties with 60,577 apartment homes. Its operations are concentrated in high-growth Sunbelt markets, including Arizona, California, Colorado, Florida (Orlando), Georgia, North Carolina, Tennessee, Washington D.C., and Texas (Houston), where its headquarters are located.

Camden Property Trust has consistently maintained a strong brand reputation, being recognized as one of Fortune's "100 Best Companies to Work For" for 18 consecutive years, most recently ranking 18th. The company also received a Glassdoor Employees' Choice Award in 2020. However, an event that could have impacted its reputation in the past year was the U.S. Department of Justice filing a lawsuit against Camden Living and five other companies in January 2025, alleging they worked together to decrease competition and keep rents high.

Camden Property Trust's stock is primarily owned by institutional shareholders, who hold approximately 79.45% to 95.65% of the company's stock. Individual investors and retail investors hold a smaller percentage, with insiders owning around 1.28% to 2.98%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. The largest individual shareholder is D. Keith Oden, who owns 921,579 shares, representing 0.86% of the company.