Camden Property Trust (N:CPT)

Sector:  Financials Industry:  Residential REITs
See Regulatory Filings on SEC
Company Contact
Address: 11 Greenway Plz Ste 2400
HOUSTON TX 77046-1124
Tel: 1-713-3542549
IR: See website
Key People
Richard J. Campo
Chairman of the Board of Trust Managers, Chief Executive Officer
Herbert Malcolm Stewart
President, Chief Operating Officer
David Keith Oden
Executive Vice Chairman of the Board, Trustee
Alexander J. Jessett
Chief Financial Officer, Executive Vice President - Finance, Assistant Secretary
Laurie A. Baker
Executive Vice President - Operations
William W. Sengelmann
Executive Vice President - Real Estate Investments
Business Overview
Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States. The Company also owns land holdings, which it may develop into multifamily communities. The Company's properties consist of mid-rise buildings or two and three story buildings in a landscaped setting and provide residents with a range of amenities common to multifamily rental properties. The 152 operating properties in which the Company owned interests and operated, as of December 31, 2016, averaged 953 square feet of living area per apartment home. As of December 31, 2016, 137 of its operating properties had over 200 apartment homes.
Financial Overview
For the three months ended 31 March 2020, Camden Property Trust revenues increased 7% to $265.9M. Net income applicable to common stockholders increased 12% to $43.2M. Revenues reflect FFO per Share (Diluted) increase of 11% to $1.35, Fixed Charge Coverage Ratio increase of 8% to 6.4. Net income benefited from Net Operating Income (NOI), Total increase of 9% to $171.7M, Expense(benefit) on deferred compensat decrease from $10.4M (expense) to $14.9M
Employees: 1,650 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $11,502M as of Mar 31, 2020
Annual revenue (TTM): $1,046M as of Mar 31, 2020
EBITDA (TTM): $601.80M as of Mar 31, 2020
Net annual income (TTM): $223.73M as of Mar 31, 2020
Free cash flow (TTM): -$187.33M as of Mar 31, 2020
Net Debt Last Fiscal Year: $2,585M as of Mar 31, 2020
Shares outstanding: 99,630,000 as of Mar 31, 2020
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization