Analyzing Camden Property Trust (CPT) and The Competition

Camden Property Trust (NYSE: CPT) is one of 44 publicly-traded companies in the “Residential REITs” industry, but how does it contrast to its competitors? We will compare Camden Property Trust to similar companies based on the strength of its earnings, profitability, institutional ownership, analyst recommendations, dividends, valuation and risk.

Dividends

Camden Property Trust pays an annual dividend of $3.00 per share and has a dividend yield of 3.2%. Camden Property Trust pays out 67.1% of its earnings in the form of a dividend. As a group, “Residential REITs” companies pay a dividend yield of 3.3% and pay out 119.7% of their earnings in the form of a dividend. Camden Property Trust has increased its dividend for 6 consecutive years.

Volatility & Risk

Camden Property Trust has a beta of 0.38, suggesting that its share price is 62% less volatile than the S&P 500. Comparatively, Camden Property Trust’s competitors have a beta of 0.61, suggesting that their average share price is 39% less volatile than the S&P 500.

Valuation and Earnings

This table compares Camden Property Trust and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Camden Property Trust $897.76 million $506.29 million 20.96
Camden Property Trust Competitors $635.77 million $353.96 million 1.01

Camden Property Trust has higher revenue and earnings than its competitors. Camden Property Trust is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent ratings for Camden Property Trust and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Camden Property Trust 0 4 9 0 2.69
Camden Property Trust Competitors 288 1334 1273 36 2.36

Camden Property Trust currently has a consensus price target of $91.69, indicating a potential downside of 2.15%. As a group, “Residential REITs” companies have a potential upside of 2.32%. Given Camden Property Trust’s competitors higher possible upside, analysts clearly believe Camden Property Trust has less favorable growth aspects than its competitors.

Profitability

This table compares Camden Property Trust and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Camden Property Trust 46.10% 13.17% 6.81%
Camden Property Trust Competitors 18.92% 5.16% 1.99%

Insider & Institutional Ownership

95.5% of Camden Property Trust shares are owned by institutional investors. Comparatively, 77.3% of shares of all “Residential REITs” companies are owned by institutional investors. 4.7% of Camden Property Trust shares are owned by insiders. Comparatively, 7.1% of shares of all “Residential REITs” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Camden Property Trust beats its competitors on 10 of the 15 factors compared.

Camden Property Trust Company Profile

Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States. The Company also owns land holdings, which it may develop into multifamily communities. The Company’s properties consist of mid-rise buildings or two and three story buildings in a landscaped setting and provide residents with a range of amenities common to multifamily rental properties. The 152 operating properties in which the Company owned interests and operated, as of December 31, 2016, averaged 953 square feet of living area per apartment home. As of December 31, 2016, 137 of its operating properties had over 200 apartment homes.

Receive News & Ratings for Camden Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply