Camden Property Trust (CPT)

In the past six months, Camden Property Trust's stock has been impacted by several events, including the Q4 2024 earnings release where CPT reported core FFO of $1.73 per share, exceeding expectations, and a 1.2% increase in same-property net operating income (NOI). Citigroup and Jefferies upgraded their outlook for CPT in March 2025. Camden announced its Q1 2025 operating results, with Core FFO of $1.72 per share, exceeding guidance, and raised its full-year 2025 Core FFO guidance. Camden Property Trust declared a quarterly cash dividend of $1.05 per share for Q2 2025. Camden Property Trust was named one of Fortune's 100 Best Companies to Work For®. Over the past six months, shares of CPT were down 1.1% as of April 1, 2025, compared to a 5.5% decline in the broader Real Estate Select Sector SPDR Fund (XLRE). The share price as of June 13, 2025, was $116.12, an increase of 7.02% from June 17, 2024.

Demand for Camden Property Trust's apartment rentals exhibits seasonality, with the fourth quarter being the softest period due to the holiday season, resulting in less pricing power and a sequential decline in same-store NOI. New lease rates are expected to be positive in the third quarter. Supply in Camden's markets peaked in 2024 and is projected to decline throughout 2025, setting the stage for improved revenue and net operating income growth. Continued in-migration and the unaffordability of single-family homes are expected to drive strong demand for apartment homes.

Camden Property Trust (CPT) is a real estate investment trust (REIT) involved in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities across the United States. The company operates within the Real Estate sector, specifically in the Residential REITs industry, generating stable rental income from its apartment communities. As of March 31, 2025, Camden Property Trust owned interests in 180 multifamily properties, with a total of 61,178 apartment homes, including those under construction.

Camden Property Trust has a geographically diverse portfolio concentrated in high-demand urban and suburban markets across the United States, particularly in the Sun Belt region. As of March 31, 2025, significant operations are noted in regions such as Houston, Dallas/Fort Worth, and Washington, D.C. Metro. Other key markets include Atlanta, Tampa, Orlando, Charlotte, Phoenix, Raleigh, Southeast Florida, Denver, and Austin. Historically, Camden has also had a presence in states like Arizona, California, Colorado, Florida, Georgia, Kentucky, Missouri, Nevada, North Carolina, Pennsylvania, and Virginia.

Camden Property Trust has a strong brand reputation as an employer, having been recognized by FORTUNE magazine as one of the "100 Best Companies to Work For®" for 18 consecutive years, ranking 18th in 2025. In 2024, Camden received top rankings as the Best Workplace in Texas and Best Workplace in Real Estate. The company's commitment to operational excellence, tenant satisfaction, and a robust corporate culture contributes to its positive standing.

Camden Property Trust's ownership structure is primarily institutional, with approximately 80.06% of the company's stock owned by institutional investors, 1.28% by insiders, and 18.66% by public companies and individual investors. As of June 13, 2025, there are 1290 institutional owners and shareholders holding a total of 116,135,332 shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Recent insider trading activity includes transactions by Steven Webster, Richard Campo, Michael P. Gallagher.