Welcome to our dedicated page for Camden Ppty Tr news (Ticker: CPT), a resource for investors and traders seeking the latest updates and insights on Camden Ppty Tr stock.
Camden Property Trust (NYSE: CPT) maintains this dedicated news hub for stakeholders tracking one of America's leading multifamily REITs. Our curated collection provides investors and industry observers with direct access to official announcements, financial disclosures, and strategic developments shaping Camden's portfolio of 59,000+ apartment homes.
This resource serves as your centralized source for monitoring Camden's operational milestones, including quarterly earnings reports, property acquisitions, development project launches, and sustainability initiatives. We maintain strict editorial focus on verified company communications to ensure reliability for financial decision-making.
Regular updates cover Camden's market expansion strategies across Sun Belt regions, capital recycling programs, and innovations in tenant experience. The archive enables trend analysis of multifamily housing demand drivers and REIT performance fundamentals.
Bookmark this page for efficient tracking of Camden's progress in capitalizing on urbanization trends and housing affordability dynamics. Combine these updates with SEC filings and market data for comprehensive investment analysis.
Camden Property Trust (NYSE:CPT) announced that its first quarter 2023 earnings will be released on April 27, 2023, after market close. A conference call is scheduled for April 28, 2023, at 10:00 AM Central Time. Investors can join via a domestic dial-in number or an international line, with a passcode required for access. The conference call replay will be available until May 12, 2023. Camden operates 172 properties with 58,702 apartment homes in the U.S., and plans to expand its portfolio to 178 properties and 60,652 homes as it completes six ongoing developments. The company has been recognized by FORTUNE magazine as one of the 100 Best Companies to Work For® for 16 consecutive years, ranking #33 most recently.
Camden Property Trust (NYSE:CPT) will participate in Citi’s 2023 Global Property CEO Conference on March 7, 2023, at 2:20 PM ET. The event will be available via live webcast at camdenliving.com. For Q1 2023, same property occupancy remains steady at 95.3%. New lease rates averaged 2.1% and renewal rates at 6.9%. The blended rate stands at 4.2%. Camden operates 172 properties with 58,702 apartment homes and is developing 6 additional properties to expand its portfolio to 60,652 apartment homes.
Camden Property Trust (NYSE:CPT) reported Q4 and full-year 2022 results, revealing EPS of $0.42 for Q4 and $6.04 for the year. Funds from Operations (FFO) rose to $1.74 in Q4 and $6.59 overall, while Adjusted FFO (AFFO) reached $1.48 for Q4 and $5.76 for the year. Revenues showed a 9.9% year-over-year increase, with Net Operating Income (NOI) up by 10.9%. Occupancy dipped to 95.8% in Q4 from 97.1% a year prior. The Board declared a $1.00 dividend per share, payable on April 17, 2023. Initial earnings guidance for Q1 2023 suggests an EPS range of $0.36 - $0.40.
Camden Property Trust (NYSE:CPT) announced the tax characteristics of its 2022 distributions, aiding banks and investors in reporting on Form 1099-DIV. Key details include:
- 2022 Total Distribution per Share: $0.940000 across multiple dates.
- Ordinary Taxable Dividends: $0.000000.
- Qualified Dividends: $0.000000.
- Total Capital Gain Distributions: $0.185986, with an unrecaptured Section 1250 Gain of $0.027761.
- Return of Capital: $0.185986.
- Shareholders are advised to consult tax advisors regarding the implications of these distributions.
Camden Property Trust (NYSE:CPT) will announce its fourth quarter 2022 earnings on February 2, 2023, after market close. A conference call will be held on February 3, 2023, at 10:00 AM Central Time. Participants can join via domestic dial-in or by webcast. Camden operates 171 properties with 58,433 apartment homes and anticipates expanding to 60,652 homes across 178 properties after completing 7 developments. The company is recognized among the 100 Best Companies to Work For by FORTUNE magazine for 15 years, currently ranking #26.
The Camden Property Trust (NYSE:CPT) announced a fourth quarter cash dividend of $0.94 per share, payable to shareholders on January 17, 2023, with a record date of December 16, 2022. Camden Property Trust owns and manages 171 properties with a total of 58,433 apartment homes across the United States, and plans to expand to 178 properties with the completion of 7 additional developments. The company has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 15 consecutive years, currently ranking #26.
Camden Property Trust (NYSE:CPT) reported its operating results for Q3 and the first nine months of 2022. Net income attributable to common shareholders was $0.27 per diluted share for Q3, down from $0.29 in 2021, while EPS for nine months was $5.62 compared to $0.90 in 2021. Funds from Operations (FFO) reached $1.70 per share for Q3, up from $1.36, and $4.85 for nine months, an increase from $3.88. Same property revenues grew 11.7% year-over-year. Camden also updated its earnings guidance for 2022, expecting EPS between $5.98 and $6.02.
Camden Property Trust (NYSE:CPT) has announced an anticipated expense of approximately $1.0 million due to Hurricane Ian, expected in Q3 2022. These costs will primarily cover cleanup and repairs for water intrusion, roofing, and landscaping at their apartment communities in Florida and North Carolina. An update to the full-year 2022 earnings guidance will follow the Q3 earnings release, scheduled for late October 2022. Camden operates 171 properties with a total of 58,425 apartment homes across the United States.
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