CPT Camden Property Trust Dashboard

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 has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employees' Choice Award in 2020, ranking #25 for large U.S. companies.

Company profile

Ticker

CPT

Exchange

NYSE

Website

www.camdenliving.com

CEO

Richard Campo

Incorporated

Texas

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • VEREIT • Vornado Realty • Simon Property • Healthpeak Properties • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • Welltower ...

SEC CIK

0000906345

Corporate docs

Articles of Incorporation & Bylaws

IRS number

766088377

CPT stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Friday

30 Jul 21

On Friday morning, 154 companies achieved new highs for the year.

Camden Prop Trust Q2 FFO $1.10 Up From $0.91 YoY, Sales $276.52M Beat $272.20M Estimate

29 Jul 21

Camden Prop Trust (NYSE:CPT) reported quarterly earnings of $1.10 per share. This is a 20.88 percent increase over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of

Earnings Scheduled For July 29, 2021

29 Jul 21

Companies Reporting Before The Bell • Smith & Nephew (NYSE:SNN) is projected to report earnings for its second quarter.

Stocks That Hit 52-Week Highs On Tuesday

20 Jul 21

Stocks That Hit 52-Week Highs On Friday

16 Jul 21

Press releases

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Camden Property Trust Announces Second Quarter 2021 Operating Results

29 Jul 21

Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and six months ended June 30, 2021. Net Income Attributable to Common Shareholders ("EPS"), Funds from Operations

Camden Property Trust Announces Second Quarter 2021 Earnings Release and Conference Call Dates

6 Jul 21

Camden Property Trust (NYSE:CPT) (the "Company") announced today that its second quarter 2021 earnings will be released after the market closes on Thursday, July 29, 2021. Management will host a conference call on the

Camden Property Trust Announces Second Quarter 2021 Dividend

15 Jun 21

The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the "Company") declared a second quarter cash dividend of $0.83 per share to holders of record as of June 30, 2021 of its Common Shares of Beneficial

Camden Property Trust Announces Participation in Nareit's REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update

7 Jun 21

Camden Property Trust Announces Participation in the Janney Virtual Real Estate and Lodging Conference

24 May 21

Calendar

30 Jul 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart CPT financial data

Quarter (USD)	Jun 21	Mar 21	Dec 20	Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	379.32M	379.32M	379.32M	379.32M	379.32M	379.32M
Cash burn (monthly)	(positive/no burn)	18.86M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	21.35M	n/a	n/a	n/a	n/a
Cash remaining	n/a	357.96M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	19.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

CPT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Jun 21	D Keith Oden	Common Shares	Sell	Dispose S	No	No	133.2	27,079	3.61M	258,073
9 Jun 21	D Keith Oden	Common Shares	Sell	Dispose S	No	No	133.37	23,537	3.14M	285,152
13 May 21	Gibson Mark	Common Shares	Grant	Aquire A	No	No	0	1,693	0	4,365
13 May 21	Ingraham Scott S	Common Shares	Grant	Aquire A	No	No	0	1,693	0	72,713
13 May 21	Khator Renu	Common Shares	Grant	Aquire A	No	No	0	1,693	0	10,959
13 May 21	Brunner Heather J.	Common Shares	Grant	Aquire A	No	No	0	1,693	0	10,107

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

CPT institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

93.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	405	402	+0.7%
Opened positions	45	52	-13.5%
Closed positions	42	37	+13.5%
Increased positions	139	124	+12.1%
Reduced positions	150	166	-9.6%

13F shares	Current	Prev Q	Change
Total value	11.17B	9.34B	+19.6%
Total shares	90.97M	93.45M	-2.7%
Total puts	66.2K	42.9K	+54.3%
Total calls	42.3K	30.8K	+37.3%
Total put/call ratio	1.6	1.4	+12.4%

Largest owners	Shares	Value	Change
Vanguard	13.92M	$1.53B	+1.7%
BLK Blackrock	11.87M	$1.3B	+0.1%
STT State Street	4.91M	$544.08M	-0.3%
JPM JPMorgan Chase & Co.	3.39M	$372.14M	-22.4%
TROW T. Rowe Price	2.83M	$310.59M	+28.7%
Capital World Investors	2.58M	$283.6M	0.0%
Wellington Management	1.97M	$216.23M	-1.2%
PFG Principal Financial Group Inc - Registered Shares	1.73M	$190.11M	-41.6%
Long Pond Capital	1.66M	$182.96M	+24.1%
Dimensional Fund Advisors	1.53M	$168.48M	-2.8%

Largest transactions	Shares	Bought/sold	Change
PFG Principal Financial Group Inc - Registered Shares	1.73M	-1.23M	-41.6%
JPM JPMorgan Chase & Co.	3.39M	-980.12K	-22.4%
Norges Bank	0	-901.76K	EXIT
MS Morgan Stanley	133.58K	-791.66K	-85.6%
Lasalle Investment Management Securities	793.11K	+785.28K	+10029.2%
PGGM Investments	0	-676.4K	EXIT
CMTDF Sumitomo Mitsui Trust	1.17M	+663.36K	+132.0%
TROW T. Rowe Price	2.83M	+629.42K	+28.7%
JHG Janus Henderson	50.7K	-524.23K	-91.2%
Alliancebernstein	1.07M	-513.39K	-32.4%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Risks

Volatility in capital and credit markets, or other unfavorable changes in economic conditions, either nationally or regionally in one or more of the markets in which we operate, could adversely impact us.
Short-term leases expose us to the effects of declining market rents.
Competition could limit our ability to lease apartments or increase or maintain rental income.
We face risks associated with land holdings and related activities.
Development, redevelopment and construction risks could impact our profitability.
Investments through joint ventures and investment funds involve risks not present in investments in which we are the sole investor.
Our acquisition strategy may not produce the cash flows expected.
Failure to qualify as a REIT could have adverse consequences.
A cybersecurity incident and other technology disruptions could negatively impact our business.
We have significant debt, which could have adverse consequences.
Insufficient cash flows could limit our ability to make required payments for debt obligations or pay distributions to shareholders.
Issuances of additional debt may adversely impact our financial condition.
We may be unable to renew, repay, or refinance our outstanding debt.
Failure to maintain our current credit ratings could adversely affect our cost of funds, related margins, liquidity, and access to capital markets.
We may be adversely affected by changes in LIBOR reporting practices or the method in which LIBOR is determined.
Share ownership limits and our ability to issue additional equity securities may prevent takeovers beneficial to shareholders.
The form, timing and amount of dividend distributions in future periods may vary and be impacted by economic and other considerations.
Damage from catastrophic weather and other natural events could result in losses.
Our share price will fluctuate.

Management Discussion

Changes in revenues and expenses related to our operating properties from period to period are due primarily to the performance of stabilized properties in the portfolio, the lease-up of newly constructed properties, acquisitions, and dispositions. Selected weighted averages for the three and six months ended June 30, 2021 and 2020 are as follows:
(1)Includes approximately $9.1 million of Resident Relief Funds paid to residents at our wholly-owned communities who have experienced financial losses caused by the pandemic and was recorded as a reduction to property revenues during the three and six months ended June 30, 2020.
(2)Includes approximately $4.1 million of pandemic expenses at our operating communities, which included $2.8 million of bonuses paid to on-site employees who provided essential services during the pandemic and $1.3 million in other directly-related pandemic expenses during the three and six months ended June 30, 2020.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: began, consideration, eleven, Florida, Franklin, Nashville, Petersburg, portion, showing, St, Tennessee, unrealized, worsen

Removed: acting, agent, apparent, borrowed, case, cease, collect, confidence, consumer, continuation, continued, curb, defer, delinquent, deliver, depend, discontinued, disruption, evolve, executed, experience, face, February, final, fluctuate, global, governmental, high, inability, initially, issuing, labor, lead, lock, made, magnitude, multiplied, obtaining, persisted, pervasive, physically, prolonged, receiving, redeemed, redemption, reducing, relevant, return, role, scenario, settle, settlement, spending, temporarily, ultimate, unemployment, weak

From filing 10-Q 2021 Q2