Professional
Added to YB: 2024-12-09
Pitch date: 2024-10-08
CPT [bullish]
Camden Property Trust
-10.95%
current return
Author Info
No bio for this author
Company Info
Camden Property Trust, an S&P 500 Company, is a real estate company. The firm is primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.
Market Cap
$10.3B
Pitch Price
$113.52
Price Target
N/A
Dividend
4.31%
EV/EBITDA
15.78
P/E
27.76
EV/Sales
8.99
Sector
Residential REITs
Category
value
Brasada Capital Management Portfolio Holding: Camden Property Trust
CPT: Top apartment REIT, 58k units in 15 markets. Bought Dec 2023 <$100, 4%+ yield. Expects strong rent growth 2026-28 due to construction slowdown. Attractive entry point: demographic trends, management strategy, renting shift. 30% return YTD. Long-term upside as fundamentals improve over 2-3 years.
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