This summary was created by AI, based on 1 opinions in the last 12 months.
Experts believe that Camden Property Trust, with symbol CPT-N, holds the number one position in the US Sun Belt but has no pricing power due to high supply, which is already factored into the stock price. The stock is considered to have an attractive cap rate of 6-7% for quality real estate, with potential for better upside than a year ago. They foresee no turnaround until 2024, possibly in 2025, and are constructive about US apartments in the latter half of 2025.
(Top Pick July 31/13, Up 7.01%) He took a little bit of profit. Focuses on the Texas market which has done so well. This one is very high end, luxury development. Still building brand new developments.
(A Top Pick July 31/13. Down 8.85%.) Great US apartment company that is diversified and increasing the in-development work, especially in the Texas area. Has been a little bit weak in the last while. Yield of around 3%-4% and growth at around 5% plus they are doing development that has a good return as well.
US apartments actually underperformed last year and he thinks it is time to be getting back in. This company is developing in geographical areas where people want to live. Recently reported income growth of over 6%. Trading at 10% below NAV. Yield of 3.58%.
Camden Property Trust is a American stock, trading under the symbol CPT-N on the New York Stock Exchange (CPT). It is usually referred to as NYSE:CPT or CPT-N
In the last year, 1 stock analyst published opinions about CPT-N. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Camden Property Trust.
Camden Property Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for Camden Property Trust.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Camden Property Trust published on Stockchase.
On 2024-12-13, Camden Property Trust (CPT-N) stock closed at a price of $120.22.
In US Sun Belt, no pricing power given so much supply. Already priced into the stock. Pretty attractive cap rate of 6-7% for quality real estate. No turnaround in 2024, perhaps in 2025. Better upside than a year ago. Constructive about US apartments in latter half of 2025.