Camden Property Trust Announces Quarterly Dividend of $1.06 (NYSE:CPT)

Camden Property Trust (NYSE:CPT) announced a quarterly dividend on Monday, June 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 1.06 per share by the real estate investment trust on Friday, July 17th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Tuesday, June 30th.

Camden Property Trust has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 4 consecutive years. Camden Property Trust has a payout ratio of 273.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Camden Property Trust to earn $6.95 per share next year, which means the company should continue to be able to cover its $4.24 annual dividend with an expected future payout ratio of 61.0%.

Camden Property Trust Stock Down 1.2%

Shares of NYSE CPT opened at $113.57 on Tuesday. The stock has a market cap of $11.42 billion, a P/E ratio of 31.72, a PEG ratio of 8.69 and a beta of 0.80. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. Camden Property Trust has a 12-month low of $96.53 and a 12-month high of $117.50. The business’s fifty day simple moving average is $105.73 and its 200-day simple moving average is $105.96.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.12. The business had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period last year, the firm earned $1.72 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. As a group, equities analysts predict that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Morgan Stanley set a $117.00 price target on Camden Property Trust in a research note on Friday, May 15th. Barclays raised their price target on Camden Property Trust from $115.00 to $116.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Scotiabank cut Camden Property Trust from a “sector perform” rating to a “sector underperform” rating and cut their price target for the company from $113.00 to $95.00 in a research note on Thursday, May 14th. UBS Group cut their price target on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Monday, April 20th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $114.05.

Camden Property Trust Company Profile

Camden Property Trust is a publicly traded real estate investment trust (REIT) specializing in the ownership, development and management of multifamily residential communities across the United States. The company’s core business activities include acquiring land for new construction, overseeing the design and development of garden-style and mid-rise apartment communities, and providing ongoing property management services. Camden’s asset management team focuses on maintaining high occupancy levels, resident satisfaction and operational efficiency through consistent leasing, maintenance and community engagement programs.

Camden’s portfolio encompasses a geographically diversified mix of properties located primarily in high-growth Sun Belt and major metropolitan markets.