CPT Stock Recent News

Camden (CPT) came out with quarterly funds from operations (FFO) of $1.71 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to FFO of $1.70 per share a year ago.

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three and six months ended June 30, 2024. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations (“Core AFFO”) for the three and six months ended June 30, 2024 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tabl.

TORONTO, July 11, 2024 (GLOBE NEWSWIRE) -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, today announced that U.S. Centers for Medicare and Medicaid Services (CMS) has issued its proposed rules establishing, for the first time, a Category 1 CPT code for the Transurethral Ultrasound Ablation (“TULSA”) procedure, effective January 1, 2025.

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its second quarter 2024 earnings will be released after the market closes on Thursday, August 1, 2024. Management will host a conference call on the following day, Friday, August 2, 2024, at 10:00 AM Central Time. Conference Call Domestic Dial-In Number: (888) 317-6003 International Dial-In Number: (412) 317-6061 Passcode: 5174172 Webcast: https://investors.camdenliving.com The Company strongly encou.

American Medical Association issues Category I CPT code for the use of optical genome mapping in genome-wide analysis related to hematological malignancies

HOUSTON--(BUSINESS WIRE)--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a second quarter cash dividend of $1.03 per share to holders of record as of June 28, 2024 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2024. Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment.

Camden Property Trust is a REIT that owns and manages multifamily apartment communities. The company's portfolio is diversified across different states, property classes, and market types. More importantly, the company's performance has been solid, and the shares are trading at a good price.

Camden Property Trust is a multi-family REIT with conservative leverage and a focus on high-growth markets. The company has a strong balance sheet, active capital recycling, and a track record of value creation. Despite a higher valuation, CPT still offers an attractive investment opportunity with potential upside.

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE: CPT) (the “Company”) announced today that it will participate in Nareit's REITweek 2024 Investor Conference which is being held June 3-6, 2024. The Company also provided operating statistics for second quarter 2024 as detailed below. Same Property Occupancy 1Q24 April 2024 May 2024* Occupancy 95.0% 95.2% 95.2%         Same Property New Lease and Renewal Data – Date Signed(1) 1Q24 April 2024 May 2024* New Lease Rates (4.1)% (1.8)% (1.8)% Ren.

Camden Property Trust is a multifamily REIT with conservative leverage and a focus on high-growth markets. The company maintains a strong balance sheet and has a track record of value creation for its properties. While the yield may not be high, the overall safety of the business makes it an attractive investment opportunity.