Trade Camden Property Trust - CPT CFD

Camden Property Company profile

About Camden Property Trust

Camden Property Trust is a real estate investment trust (REIT). The Company and its subsidiaries are primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. It owns interests in and operates or develops approximately 176 multifamily properties consisting of 60,073 apartment homes across the United States. It has five properties under construction, which consist of approximately 1,773 apartment homes. In addition, it owns other land holdings for the development of multifamily apartment communities. Its properties consist of mid-rise buildings or two- and three-story buildings in a landscaped setting, as well as high-rise buildings, and provide residents with a variety of amenities common to multifamily rental properties. Its properties are located in Arizona, California, Colorado, Florida, Georgia, North Carolina, Washington District of Columbia (DC) Metro and Texas, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Camden Property Trust revenues increased 10% to $1.14B. Net income applicable to common stockholders increased from $123.7M to $303.4M. Revenues reflect NAREIT FFO - Per Share - Diluted - Total increase of 10% to $5.39. Net income benefited from Net Operating Income (NOI), Total increase of 12% to $726.6M, G/L on sale of inv properties - property increase from $382K to $174.4M (income).

Equity composition

Common Stock $.01 Par, 3/11, 100M auth., 85,641,000 issd., less 12,744,000 shs. in Treas. @ $460.5M. Insiders own 1.49%. IPO 7/93, 7.4M shares @ $22 by Kidder Peabody. PO 4/94, 3.5M shares @ $24 by Kidder Peabody. PO 7/97, 4.2M shares @ $31 by Donaldson Lufkin & Jenrette. FY'02 Q's & Summ. Q's are restated.