Camden Property Trust (NYSE:CPT)

AygHead (56.15) Submitted: 11/19/2012 2:07:09 PM : Start Price: $64.19 CPT Score: -3.52

Residential REIT's is like buying a utility with an inflation hedge. FFO is a bit rich, yes, but there are forces at work that should keep FFO stable or increasing. For one, the debt market is favorable now and for the forseable future for large real estate investors. Second, despite the supposed pending residentail housing boom that is running through the media, an increase in either property tax or income tax - or both - will give people pause to purchasing a new home. In essence, the rental market will remain strong and this market is already tight in many markets. In addition to these macro condition, many of these residentail REITs own properties in the prime / desirable locations of CBD's, where the population continues to migrate....Manhattan, LA, Denver, DC etc. In these areas, if you want commutability, you are more likely forced to live in a rental apartment/complex than a single family home.

In summary, market should be supportive to rental rates, low cost of financing, scarcity of product in prime locations, and real estate as an inflation hedge all bode well for the long term benefit of incorporating residential REITs into your portfolio....with a nice dividend to boot.

ballengerm (< 20) Submitted: 10/28/2011 1:10:04 PM : Start Price: $58.28 CPT Score: -0.96

Americans are shifting from property owners to renters

Wakiday2 (83.85) Submitted: 6/18/2010 12:42:46 PM : Start Price: $42.43 CPT Score: +27.89

1yr earnings estimate

TomFoolNC (33.31) Submitted: 3/10/2010 9:07:07 AM : Start Price: $36.71 CPT Score: -59.39

negative ROE

Ranoff (23.00) Submitted: 4/14/2009 3:13:19 AM : Start Price: $22.98 CPT Score: -129.36

It's about time for another Rinse. Then repeat!

realtydog (46.01) Submitted: 2/6/2009 1:28:14 PM : Start Price: $19.55 CPT Score: -185.54

Don't like the debt

MM4L (93.45) Submitted: 9/2/2007 2:05:10 PM : Start Price: $46.29 CPT Score: +43.66

Like the other REITs, Camden has been hurt by the recent housing bust. But, theuir long-term prospects are good, particularly in the populated areas they serve. They have dumped their junk and focused in areas with good margins.

I see much better times ahead for REITs.

NetscribeREIT (28.84) Submitted: 2/27/2007 6:21:22 AM : Start Price: $54.80 CPT Score: +14.37

Camden Property Trust (CPT) is a real estate investment trust (REIT) and provides expertise in ownership, development and management of multifamily apartment communities. The company’s portfolio comprises of 186 properties containing 63,843 apartment homes geographically dispersed across the United States from Washington DC to Southern California.

The United States most populous state, California has witnessed doubling of housing prices in the past few years. The potential homebuyers find renting home as more lucrative than owning. Moreover, decline in production level would further worsen the worries for first time homebuyers. This bodes well with CPT, as South California is one of its largest markets.

The demand for well-located apartments has risen, as the children of the Baby Boomers are starting families and prefer living in downtown areas near their jobs. Moreover, factors like improved job opportunities should push the demand for housing market. This has pushed demand for rental house, which is reflected in the form of increase in rental by 4.0% to 4.4% across the state. The company through its geographic presence should be able to take advantage of this growth. In a strategy to concentrate on high-growth market the company has exited from its non-core Tucson and Midwest market.

Camden’s same-property revenues have increased 6.3% for the last quarter. The company has a strong development pipeline with eight wholly-owned communities and expansion of an existing property, which should ensure enhanced top-line growth. Factors like supply-constrained market, increase in job growth rate and company’s focus on high profile market fuels the prospects for Camden.