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

Camden Property Trust (NYSE:CPT) declared a quarterly dividend on Tuesday, September 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of 1.06 per share by the real estate investment trust on Friday, October 16th. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, September 30th.

Camden Property Trust has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 4 years. Camden Property Trust has a payout ratio of 273.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Camden Property Trust to earn $6.90 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 61.4%.

Camden Property Trust Stock Performance

CPT stock opened at $102.69 on Wednesday. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.18. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The company has a market cap of $10.32 billion, a P/E ratio of 34.00, a price-to-earnings-growth ratio of 7.36 and a beta of 0.77. The stock’s fifty day moving average price is $109.47 and its 200-day moving average price is $107.26.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The firm had revenue of $396.07 million for the quarter, compared to analysts’ expectations of $392.88 million. During the same quarter last year, the company posted $1.70 EPS. The firm’s revenue was up 7.4% compared to the same quarter last year. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. On average, equities analysts forecast that Camden Property Trust will post 6.75 earnings per share for the current year.

Institutional Investors Weigh In On Camden Property Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Centersquare Investment Management LLC increased its stake in shares of Camden Property Trust by 3.6% in the fourth quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock worth $311,373,000 after purchasing an additional 98,130 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Camden Property Trust by 64.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after buying an additional 825,769 shares in the last quarter. Maverick Capital Ltd. lifted its stake in shares of Camden Property Trust by 1.6% during the 1st quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock valued at $182,416,000 after buying an additional 30,076 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Camden Property Trust by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock worth $156,128,000 after buying an additional 37,456 shares during the period. Finally, Norges Bank bought a new position in Camden Property Trust in the 4th quarter worth $154,587,000. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Company Profile

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages apartment communities. Its portfolio is focused primarily on multifamily housing, with properties offering a range of apartment floor plans and amenities designed for renters in urban and suburban markets.

The company serves residents across several major metropolitan areas in the U.S. Sun Belt, including markets in Texas, Colorado, Arizona, California, Georgia, North Carolina, Florida, and Tennessee.