(CPT) Community Analysis from
Bulls REASONS TO BUY
Bears REASONS TO SELL
May 24, 2013
(Benzinga,
11/4/10)
Camden Property Trust (NYSE: CPT) today announced operating results for the three and nine months ended September 30, 2010.
Funds From Operations
FFO for the third quarter of 2010 totaled $0.65 per diluted share or $46.7 million, as...(read more)
Camden Property Trust (CPT) Company Overview
Camden Property Trust (NYSE:CPT) develops, manages and rents multi-family apartment units. With over 67,000 apartment units in 13 states, the company focuses on offering mid- to upper-market residential properties. Camden operates over 40% of its units in four cities—Las Vegas (11.5%), Dallas, TX (11.4%), Houston, TX (8.4%), and Tampa, FL (8.3%)—and leverages its scale in local markets to achieve high margins. The company is also moving much more heavily into the Washington, DC metro area, with thousands of apartment units in the pipeline.
Camden's success is intricately tied to interest rate tides, which have several important effects:
(Read more at Wikinvest
) What's in this CPT analysis on Wikinvest...
- Company Overview
- Trends and Drivers
- National and Local Job Market and Employment
- The Housing Market and New Home Construction
- Interest Rates
- Mortgage Rates
- Dependence on economies and regulations of Las Vegas, NV, Houston, Dallas and Austin, TX, and Tampa and Orlando, FL
- Competition and Market Share
- References
