Camden Property Trust (CPT): Today's Featured Real Estate Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Camden Property ( CPT) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Camden Property fell $1.01 (-1.6%) to $60.12 on average volume. Throughout the day, 530,072 shares of Camden Property exchanged hands as compared to its average daily volume of 593,800 shares. The stock ranged in price between $59.93-$61.66 after having opened the day at $61.12 as compared to the previous trading day's close of $61.13. Other companies within the Real Estate industry that declined today were: Amrep Corporation ( AXR), down 3.7%, RE/MAX Holdings Inc Class A ( RMAX), down 3.0%, Wheeler Real Estate Investment ( WHLR), down 2.8% and Rait Financial ( RAS), down 2.6%.

Camden Property Trust is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in the ownership, development, acquisition, management, and disposition of multifamily residential apartment communities. Camden Property has a market cap of $5.2 billion and is part of the financial sector. The company has a P/E ratio of 30.7, above the S&P 500 P/E ratio of 17.7. Shares are down 10.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Camden Property a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Camden Property as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Sotherly Hotels ( SOHO), up 8.4%, Vestin Realty Mortgage II ( VRTB), up 6.8%, Desarrolladora Homex SAB de CV ADR ( HXM), up 5.2% and Impac Mortgage Holdings ( IMH), up 4.1% , were all gainers within the real estate industry with Simon Property Group ( SPG) being today's featured real estate industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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