Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Camden Property Trust (NYSE:CPT) is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.
It is set to report its Q4 2024 earnings on Jan. 30, 2025. Wall Street analysts expect the company to post revenues of $390.52 million, up from $387.59 million in the previous year.
Don't Miss:
The company's stock traded at approximately $74.41 per share 10 years ago. If you had invested $10,000, you could have bought roughly 134 shares. Currently, shares trade at $122.14, meaning your investment's value could have grown to $16,414 from stock price appreciation alone. However, Camden Property Trust also paid dividends during these 10 years.
Camden Property Trust's dividend yield is currently 3.36%. Over the last 10 years, it has paid about $36.48 in dividends per share, which means you could have made $4,903 from dividends alone.
Summing up $16,414 and $4,903, the final value of your investment is $21,317. This is how much you could have made if you had invested $10,000 in Camden Property Trust stock 10 years ago. This translates to a total return of 113.17%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 233.08%.
See Also: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.
Camden Property Trust has a consensus rating of "Neutral" and a price target of $119.75 based on the ratings of 23 analysts. The price target implies a nearly 2% potential downside from the current stock price. For further details, check out this article by Benzinga for insights from 15 analysts on Camden Property Trust.
On Oct. 31, the company announced its Q3 2024 earnings, posting an adjusted EPS of $0.33, compared to the consensus estimate of $0.37 and revenues of $387.20 million, compared to the consensus of $389.39 million, as reported by Benzinga.
For Q4, the company projects EPS in the $0.34-$0.38 range and core FFO of $1.68-$1.72. For the full year, the company expects EPS of $1.46-$1.50 and core FFO of $6.79-$6.83.
Given no expected upside potential, growth-focused investors may not find Camden Property Trust stock attractive. Conversely, the stock can be a good option for income-focused investors who benefit from the company's solid dividend yield of 3.36%.
The changing interest rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks... Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified some of the most attractive options for you to consider.
For instance, the Ascent Income Fund from EquityMultiple targets stable income from senior commercial real estate debt positions and has a historical distribution yield of 12.1% backed by real assets. With payment priority and flexible liquidity options, the Ascent Income Fund is a cornerstone investment vehicle for income-focused investors. First-time investors with EquityMultiple can now invest in the Ascent Income Fund with a reduced minimum of just $5,000. Benzinga Readers: Earn a 1% return boost on your first EquityMultiple investment when you sign up here (accredited investors only).
Don't miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga's favorite high-yield offerings.
This article If You Invested $10,000 In Camden Property Trust Stock 10 Years Ago, How Much Would You Have Now? originally appeared on Benzinga.com
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.