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Camden Property Trust - CPT STOCK NEWS

Welcome to our dedicated news page for Camden Property Trust (Ticker: CPT), a resource for investors and traders seeking the latest updates and insights on Camden Property Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Camden Property Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Camden Property Trust's position in the market.

Rhea-AI Summary
Camden Property Trust has priced a $500 million offering of senior unsecured notes. The notes have a coupon of 5.850% and will mature on November 3, 2026. The net proceeds of approximately $496.9 million will be used to repay a portion of the outstanding balance on its unsecured revolving credit facility and for general corporate purposes. Settlement is scheduled for November 3, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
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Rhea-AI Summary
Camden Property Trust (NYSE:CPT) announced its operating results for Q3 2023. Net Income Attributable to Common Shareholders (EPS) was $0.44 per diluted share, FFO was $1.73 per diluted share, Core FFO was $1.73 per diluted share, and Core AFFO was $1.49 per diluted share. Revenues increased by 4.1% and expenses increased by 5.3% compared to Q3 2022. Occupancy decreased to 95.6% from 96.6% in Q3 2022. The company adjusted its full-year 2023 outlook for higher delinquencies, slightly lower occupancy, and rent growth. Camden had approximately $739.8 million of liquidity as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.55%
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Rhea-AI Summary
Camden Property Trust announces Q3 2023 earnings release date and conference call details
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Rhea-AI Sentiment
End-of-Day
0.54%
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Rhea-AI Summary
Camden Property Trust declares a third quarter cash dividend of $1.00 per share.
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dividends earnings
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Rhea-AI Summary
Camden Property Trust to participate in BofA Securities 2023 Global Real Estate Conference. Q3 2023 operating statistics show steady occupancy rates. New lease and renewal rates show slight increases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.93%
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Rhea-AI Sentiment
End-of-Day
-1.1%
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Rhea-AI Summary
Camden Property Trust declares a second quarter cash dividend of $1.00 per share to be paid on July 17, 2023.
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Rhea-AI Sentiment
End-of-Day
0.86%
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dividends earnings
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Rhea-AI Sentiment
End-of-Day
0.14%
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Camden Property Trust

NYSE:CPT

CPT Rankings

CPT Stock Data

10.46B
105.27M
1.47%
96.56%
2.79%
Lessors of Residential Buildings and Dwellings
Real Estate and Rental and Leasing
Link
US
Houston

About CPT

our culture, our way of life, the camden way camden is recognized by fortune® magazine as one of the "100 best companies to work for" in the country! we are the only multifamily company to ever be included on fortune's famous list . continuously motivated by our core values, camden’s dynamic culture is at the heart of our success, and at the heart of our culture are our people. within camden our highest priority is the successful growth of every camden associate, as that is the foundation for building focused, effective teams and creating an exciting and impactful work environment. we offer exceptional benefits geared toward each employee’s professional development, which includes training programs, mentoring, networking, committee opportunities, community service and team events. our engagement with our employees in addition to our shared values (including our commitment to fun!) directly affects our success, making camden an industry leader and one of the nation’s best employers .