The company is set to announce its earnings on Wednesday, April 29th, with a consensus estimate EPS of 0.2804.
Camden Property Trust (CPT) is currently priced at $105.5, marking a $3.9 increase from the previous close. The trading volume at $710,454 is 59.79% higher than average.
In the latest quarterly earnings reported on February 4th, CPT surpassed expectations with an EPS of 1.73, and a consensus revenue estimate of $393.49 million.
CPT offers a forward dividend yield of 4%, with a dividend per share MRQ of $1.06 and a TTM of $4.21.
The company generated a free cash flow of $195.84 million, with operating cash flow at $196.81 million, and a net change in cash of -$67,000.
CPT reported a gross profit of $243 million, operating income of $78.33 million, and a net income of $156 million, translating to an EPS of $1.44.
Key ratios include a net profit margin of 39.93%, return on equity at 3.58%, and a price-to-earnings ratio of 19.02.
With total assets of $9 billion and total liabilities of $4.60 billion, CPT maintains a strong financial position.
This comprehensive overview indicates a positive trajectory for Camden Property Trust, with solid financial performance leading up to the upcoming earnings announcement.
Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company's portfolio will increase to 59,104 apartment homes in 174 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employees' Choice Award in 2020, ranking #25 for large U.S. companies.