Dividend Hikes Lift REITs
On another choppy week, U.S. equity markets finished mostly lower despite a solid slate of economic data and assurances from the Federal Reserve that it would keep interest rates near-zero indefinitely.Declining for the third-straight week following a six-week winning streak, the S&P 500 dipped another 1.0% this week and is now roughly 7% below its recent all-time highs.An encouraging slate of dividend news and rent collection updates buoyed real estate equities this week, particularly the more beaten-down property sectors, including malls, hotels, student housing, and mortgage REITs.After the Equity REIT sector was slammed by a wave of 64 dividend cuts in March through June, since then, we've seen far more dividend increases than dividend cuts in the REIT sector, including five more boosts from equity REITs and three from mortgage REITs this week.Housing Heats-Up: Homebuilder Sentiment jumped to the strongest levels on record in September, driven by a surge in Home Buyer Traffic, which far exceeded previous record levels as inventory levels remain historically tight.
Seekingalpha · 3d ago
Camden Property Trust declares $0.83 dividend
Camden Property Trust (CPT) declares $0.83/share quarterly dividend, in line with previous.Forward yield 3.61%Payable Oct. 16; for shareholders of record Sept. 30; ex-div Sept. 29.See CPT Dividend Scorecard, Yield Chart,
Seekingalpha · 6d ago
Camden Property Trust Announces Third Quarter 2020 Dividend
The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the "Company") declared a third quarter cash dividend of $0.83 per share to holders of record as of September 30, 2020 of its Common Shares of Beneficial Interest. The dividend is to be paid on October 16, 2020.
Business Wire · 6d ago
Camden Property Trust Announces Participation in BofA Securities Global Real Estate Virtual Conference 2020
Camden Property Trust (NYSE: CPT) (the "Company") announced today that the Company will participate in the BofA Securities Global Real Estate Conference which is being held virtually September 15-17, 2020. Camden’s roundtable discussion has been scheduled for Wednesday, September 16, 2020 at
Business Wire · 09/14 21:15
Are Poor Financial Prospects Dragging Down Camden Property Trust (NYSE:CPT Stock?
Camden Property Trust (NYSE:CPT) has had a rough three months with its share price down 7.4%. Given that stock prices...
Simply Wall St. · 09/14 12:15
Here's Why My REITs Beat Your REITs
Over the last several years we've seen larger equity REITs consistently outperform, but the gap becomes even larger with the recession.Tiny equity REITs trade at lower multiples FFO and AFFO, but that shouldn't be your only criteria.Tiny equity REITs have dramatically worse margins across key metrics.Tiny equity REITs have dramatically higher leverage, putting them in a much worse position whenever the economy slides into a recession.Investors are finally realizing that mortgage REITs are for trading, but they still think if they buy-and-hold crap equity REITs it will work out great.
Seekingalpha · 09/14 11:00
Camden Property Trust Announces Participation in Evercore ISI 2020 Real Estate Conference
Camden Property Trust (NYSE: CPT) (the "Company") today announced that the Company will participate in the Evercore ISI 2020 Real Estate Conference which is being held virtually on September 10-11, 2020. Richard J. Campo, Camden’s Chairman and Chief Executive Officer, will participate in a
Business Wire · 09/09 21:15
Camden Property Trust Still Yields Nearly 4%
CPT has collected over 98% of rent.CPT has an A-rated balance sheet with minimal near-term debt maturities.Apartment REITs haven’t participated in the broader market rally.I rate shares a buy with 30% total return upside.
Seekingalpha · 09/04 13:00
Why Residential REITs Are Set To Soar
Home buyers are locking in the decades-low rates that are available.Investors are taking cash from low-yield investments to higher yields – REITs are a prime place to move it to.Homes are seeing increased desirability due to working from home, self isolation, etc.Investing in property REITs saves you from the three Ts - toilets, tenants, and taxes.
Seekingalpha · 08/29 13:45
Camden Property Trust: Adapting Well To The Current Environment
Camden Property Trust is a high-quality Apartment REIT that owns 159 communities across the United States.Management has adapted well to the current leasing environment through the use of technology.Rent collection rates have recovered, and the company is backed by a strong balance sheet.
Seekingalpha · 08/29 12:18
Fight Or Flight? Finding Safe Places To Land And Escape America's Urban Rental Market Decline
Earnings calls for Multi-Family REIT Q2 2020, the first full quarter within the COVID context, were full of warnings and conversation surrounding weakness in formerly strong urban apartment rental markets.We can create an urban/suburban classification framework for Multi-Family REITs by analyzing REIT property level data and cross reference property locations with Household Density statistics.Investors that believe this is a “more than 1-2 quarter phenomenon” can use our classification framework to mitigate their exposure to urban core rental markets (e.g. New York, San Francisco).What is the cause for the urban flight? Fear of COVID-19 or the ability to work from anywhere? Working from home is ubiquitous regardless of geography, but not all industries will adjust at the same pace. Government will be the slowest to adjust.
Seekingalpha · 08/27 20:08
Invest In Residential Real Estate With A 7.4% Yield: Buy BRT Apartments
Investing in real estate is a great source of income and also offers a good hedge against inflation.With the world awash with liquidity coupled with low interest rates, we are very bullish on residential REITs.Investments in apartments offer the opportunity to raise rent frequently, and tend to go up in price over time.The market has punished residential REITs due to the pandemic, even though collection rates remain high.It's a great time to become an apartments landlord!
Seekingalpha · 08/26 13:45
Apartment rental collection rate recovery lags other property types, Litt says
Seeking Alpha - Article · 08/25 16:29
COVID-19 Will Accelerate Pre-Existing Migratory Trends: Here Are The REITs That Will Benefit
There has been a debate about what will happen to big cities in the wake of COVID-19. Will they steadily empty out or bounce back quickly and continue to thrive?A look at recent data and expert opinions on migration trends and real estate reveals some interesting insights.It isn't as simple as saying that the pandemic will or won't hurt big cities. Instead, it will likely accelerate pre-existing migratory trends.I discuss the REITs that should benefit from this shakeup.
Seekingalpha · 08/20 16:03
Apartment REITs: Urban Exodus
An urban exodus is in full swing in the coastal shutdown cities where lockdown policies have plunged local economies into an uncontrolled tailspin, backtracking a two-decade-long trend of urban revival.
Seeking Alpha - Article · 08/20 15:00
A Conversation with a Short Seller
Kiplinger · 08/18 16:02
Neglected REIT names showing inklings of life, BofA says
It may be a "stretch" to say there are green shoots in commercial real estate, BofA notes, but there's still new positive data points from the Q2 season, which points
Seekingalpha · 08/14 22:45
Camden Property Trust's (CPT) CEO Ric Campo on Q2 2020 Results - Earnings Call Transcript
Seeking Alpha · 08/01 04:46
Camden (CPT) Q2 FFO and Revenues Miss Estimates
Camden (CPT) delivered FFO and revenue surprises of -5.22% and -0.02%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Zacks · 07/30 22:10
Camden Property Trust Sees Q3 FFO $1.14-$1.20
Benzinga · 07/30 21:09