Camden Property Trust (CPT) Files 10-K for the Fiscal Year Ended on December 31, 2018

Camden Property Trust (CPT, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Camden Property Trust a Texas real estate investment trust engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden Property Trust has a market cap of $9.45 billion; its shares were traded at around $98.94 with a P/E ratio of 61.08 and P/S ratio of 10.13. The dividend yield of Camden Property Trust stocks is 3.10%. Camden Property Trust had annual average EBITDA growth of 4.90% over the past ten years.

For the last quarter Camden Property Trust reported a revenue of $244.9 million, compared with the revenue of $229.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $954.5 million, an increase of 6% from last year. For the last five years Camden Property Trust had an average revenue growth rate of 4.1% a year.

The reported diluted earnings per share was $1.63 for the year, a decline of 23.5% from the previous year. Over the last five years Camden Property Trust had an average EPS decline of 11.6% a year. The Camden Property Trust had a decent operating margin of 24.77%, compared with the operating margin of 26.21% a year before. The 10-year historical median operating margin of Camden Property Trust is 27.10%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Camden Property Trust has the cash and cash equivalents of $34.4 million, compared with $368.5 million in the previous year. The long term debt was $2.3 billion, compared with $2.2 billion in the previous year. The interest coverage to the debt is 2.8, which is not a favorable level. Camden Property Trust has a financial strength rank of 5 (out of 10).

At the current stock price of $98.94, Camden Property Trust is traded at 26.3% premium to its historical median P/S valuation band of $78.33. The P/S ratio of the stock is 10.13, while the historical median P/S ratio is 7.98. The stock gained 25.71% during the past 12 months.

Directors and Officers Recent Trades:

  • Director William F Paulsen sold 2,890 shares of CPT stock on 02/05/2019 at the average price of $97.17. The price of the stock has increased by 1.82% since.

For the complete 20-year historical financial data of CPT, click here.