Camden Property Trust (NYSE:CPT – Get Free Report) issued its earnings results on Thursday. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49), FiscalAI reports. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.44%. The firm had revenue of $396.07 million during the quarter, compared to analyst estimates of $392.88 million. During the same quarter in the prior year, the business earned $1.70 earnings per share. The business’s quarterly revenue was up 7.4% on a year-over-year basis. 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 Stock Down 2.1%
Camden Property Trust stock traded down $2.42 during trading on Friday, hitting $110.87. 1,873,970 shares of the company were exchanged, compared to its average volume of 925,986. The company has a market capitalization of $11.14 billion, a P/E ratio of 36.71, a PEG ratio of 8.73 and a beta of 0.78. The business’s 50 day moving average is $112.52 and its 200 day moving average is $107.46. Camden Property Trust has a 52 week low of $96.53 and a 52 week high of $119.81. 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 Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were issued a dividend of $1.06 per share. The ex-dividend date was Tuesday, June 30th. This represents a $4.24 annualized dividend and a yield of 3.8%. Camden Property Trust’s dividend payout ratio is 118.44%.
Hedge Funds Weigh In On Camden Property Trust
Trending Headlines about Camden Property Trust
Here are the key news stories impacting Camden Property Trust this week:
- Positive Sentiment: Core funds from operations (FFO) came in at $1.68 per share, slightly above the $1.67 analyst consensus. Occupancy remained firm, leasing trends improved, and management maintained a constructive outlook for apartment demand. Camden Property Q2 FFO & Revenues Beat Estimates, Occupancy Improves
- Positive Sentiment: Camden raised the midpoint of its full-year 2026 Core FFO outlook slightly, guiding to $6.68-$6.82 per share versus the prior consensus of approximately $6.65. Third-quarter guidance of $1.67-$1.71 also brackets analyst expectations. Camden Q2 FFO and Revenues Beat Estimates
- Positive Sentiment: The REIT sold its 11-community California portfolio for approximately $1.625 billion and repurchased about 1.43 million shares for $144.1 million, actions that could strengthen the balance sheet and support per-share results. Camden Property Trust posts second quarter EPS of 18 cents
- Neutral Sentiment: Quarterly property revenue was roughly $392.9 million, broadly above expectations but below the year-earlier period on the reported figures. The California portfolio sale makes year-over-year comparisons more difficult.
- Negative Sentiment: Reported diluted EPS fell to $0.18 from $0.74 a year earlier and significantly missed the $1.67 consensus. Same-property revenue excluding California decreased 0.1%, while same-property net operating income fell 1.4%, signaling near-term pressure on apartment fundamentals. Camden Property Trust earnings report
- Negative Sentiment: Recent insider activity showed selling rather than buying, including sales by the executive chairman and other executives, which may add to investor caution.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on CPT. Scotiabank increased their price target on Camden Property Trust from $102.00 to $109.00 and gave the stock a “sector underperform” rating in a report on Thursday, July 9th. Barclays boosted their price objective on Camden Property Trust from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a research report on Friday, July 17th. Truist Financial increased their target price on Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Finally, Evercore set a $113.00 price target on shares of Camden Property Trust in a research note on Monday, June 8th. Five investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Camden Property Trust has a consensus rating of “Hold” and an average target price of $116.66.
Get Our Latest Analysis on CPT
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.
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