Camden Property Trust (NYSE:CPT) Issues Quarterly Earnings Results

Camden Property Trust (NYSE:CPT) announced its quarterly earnings results on Thursday. The real estate investment trust reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.01, Zacks reports. The company had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 earnings per share. Camden Property Trust updated its FY 2026 guidance to 6.680-6.820 EPS and its Q3 2026 guidance to 1.670-1.710 EPS.

Camden Property Trust Price Performance

Shares of Camden Property Trust stock traded down $2.90 on Thursday, hitting $113.47. The company had a trading volume of 1,806,894 shares, compared to its average volume of 876,085. Camden Property Trust has a 52 week low of $96.53 and a 52 week high of $119.81. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. The company has a market cap of $11.41 billion, a PE ratio of 16.96, a PEG ratio of 8.97 and a beta of 0.78. The business has a 50-day simple moving average of $112.46 and a 200-day simple moving average of $107.44.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were issued a $1.06 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $4.24 annualized dividend and a dividend yield of 3.7%. Camden Property Trust’s dividend payout ratio (DPR) is 118.44%.

Institutional Investors Weigh In On Camden Property Trust

Institutional investors have recently added to or reduced their stakes in the company. Maverick Capital Ltd. acquired a new position in shares of Camden Property Trust during the 4th quarter valued at $202,304,000. Viking Global Investors LP lifted its holdings in shares of Camden Property Trust by 41.6% in the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after buying an additional 1,130,718 shares during the period. Invesco Ltd. boosted its stake in Camden Property Trust by 38.4% during the fourth quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock valued at $380,035,000 after buying an additional 957,896 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Camden Property Trust by 26,166.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 745,966 shares of the real estate investment trust’s stock valued at $82,116,000 after buying an additional 743,126 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in Camden Property Trust by 122.6% during the fourth quarter. Deutsche Bank AG now owns 852,723 shares of the real estate investment trust’s stock worth $93,868,000 after acquiring an additional 469,636 shares during the period. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Camden Property Trust

Here are the key news stories impacting Camden Property Trust this week:

• Positive Sentiment: Camden reported second-quarter funds from operations (FFO) of $1.68 per share, slightly above the $1.67 analyst estimate, while revenue of approximately $396.1 million also exceeded expectations. FFO was $1.70 per share in the year-ago period. Camden Q2 FFO and Revenues Beat Estimates
• Positive Sentiment: Full-year 2026 Core FFO guidance was set at $6.68-$6.82 per share, above the roughly $6.65 consensus estimate. Third-quarter guidance of $1.67-$1.71 per share was centered near analyst expectations, indicating no major near-term earnings reset. Key Metrics Tell Us About Camden Q2 Earnings
• Neutral Sentiment: Camden sold 11 California communities for approximately $1.625 billion on July 29. The transaction could strengthen liquidity and allow capital redeployment, but it also removes assets and revenue from the operating portfolio.
• Negative Sentiment: Underlying property performance was soft: same-property revenue excluding California declined 0.1% year over year, while same-property net operating income fell 1.4%. Property revenue was reported at about $392.9 million in the detailed operating update, below the prior year’s $396.5 million.
• Negative Sentiment: GAAP results were substantially weaker, with net income attributable to common shareholders falling to $18.8 million from $80.7 million and diluted EPS dropping to $0.18 from $0.74. The company also reported four insider sales and no insider purchases during the past six months, which may add to investor caution. Camden Property Trust Posts Second-Quarter EPS

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Truist Financial lifted their price objective on shares of Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Friday, July 17th. Jefferies Financial Group raised Camden Property Trust to a “hold” rating in a report on Wednesday, July 22nd. Scotiabank boosted their price objective on Camden Property Trust from $102.00 to $109.00 and gave the stock a “sector underperform” rating in a research report on Thursday, July 9th. Finally, Wall Street Zen lowered Camden Property Trust from a “hold” rating to a “sell” rating in a report on Sunday, June 21st. Five investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $116.40.

About Camden Property Trust

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.