Stock on Watch: Camden Property Trust (CPT)

Company Profile:

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 154 properties containing 53,366 apartment homes across the United States. Upon completion of 6 properties under development, the Company’s portfolio will increase to 55,616 apartment homes in 160 properties. Camden Property Trust was founded on May 25, 1993 and is headquartered in Houston, Texas.

Recent News:

The company announced that its second quarter 2017 earnings will be released after the market closes on Thursday, July 27, 2017. Management will host a conference call on the following day, Friday, July 28, 2017 at 11:00 AM Central Time.

The Board of Trust Managers of declared a second quarter cash dividend of $0.75 per share to holders of record as of June 30, 2017 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2017.

for the three months ended March 31, 2017, the company reported net income attributable to common shareholders (“EPS”) was $0.39, Funds from Operations (“FFO”) was $1.09 and Funds from Operations (“FFO”) was $0.99.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

CPT’s strengths can be seen in its strong growth, strong profitability and robust solvency compared with its peers. Its net income and revenue have increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in Stochastic Oscillator and RSI stands at 54.66 with positive bias. We rate Camden Property Trust (CPT) a STRONG BUY.

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