Camden Property Trust (NYSE:CPT) to Issue Dividend Increase – $1.06 Per Share

Camden Property Trust (NYSE:CPT) announced a quarterly dividend on Thursday, February 5th. Stockholders of record on Tuesday, March 31st will be given a dividend of 1.06 per share by the real estate investment trust on Friday, April 17th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Tuesday, March 31st. This is a 1.0% increase from Camden Property Trust’s previous quarterly dividend of $1.05.

Camden Property Trust has increased its dividend by an average of 0.1%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 271.0% meaning 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 $7.07 per share next year, which means the company should continue to be able to cover its $4.20 annual dividend with an expected future payout ratio of 59.4%.

Camden Property Trust Trading Up 2.1%

Camden Property Trust stock opened at $108.79 on Friday. The stock has a 50-day moving average price of $107.48 and a 200 day moving average price of $106.67. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.81. The stock has a market cap of $11.57 billion, a PE ratio of 44.04, a P/E/G ratio of 8.63 and a beta of 0.82. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $126.55.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.29). Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The firm had revenue of $396.08 million during the quarter, compared to analysts’ expectations of $393.05 million. During the same period in the previous year, the firm posted $1.73 earnings per share. The firm’s revenue was up 1.2% on a year-over-year basis. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. Equities research analysts predict that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CPT shares. Piper Sandler set a $108.00 price target on Camden Property Trust in a research report on Tuesday, January 27th. Cantor Fitzgerald reiterated a “neutral” rating and set a $105.00 target price on shares of Camden Property Trust in a report on Monday, November 10th. Royal Bank Of Canada dropped their target price on shares of Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating for the company in a research report on Monday, November 10th. JPMorgan Chase & Co. upgraded shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 price objective for the company in a research note on Thursday, December 18th. Finally, Truist Financial increased their price objective on shares of Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and a consensus price target of $117.34.

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.