Houston, Texas-based Camden Property Trust (CPT) is a real estate company with a market cap of $10.9 billion. It primarily owns, manages, develops, redevelops, acquires, and constructs multifamily apartment communities.
This residential REIT has considerably underperformed the broader market over the past 52 weeks. Shares of CPT have declined 15% over this time frame, while the broader S&P 500 Index ($SPX) has soared 14.1%. Moreover, on a YTD basis, the stock is down 10.7%, compared to SPX’s 16.4% uptick.
-copy-dd1f2bf0.jpeg?w=600)
