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

Camden Property Trust (NYSE:CPT) announced its quarterly earnings data on Thursday. The real estate investment trust reported $1.73 EPS for the quarter, beating the consensus estimate of $1.68 by $0.05, Zacks reports. Camden Property Trust had a net margin of 22.32% and a return on equity of 6.97%. Camden Property Trust updated its FY 2025 guidance to 6.600-6.900 EPS.

Camden Property Trust Stock Performance

Shares of CPT traded up $1.55 during mid-day trading on Thursday, reaching $117.82. 1,192,242 shares of the company’s stock were exchanged, compared to its average volume of 845,881. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.15 and a quick ratio of 0.15. The business’s fifty day simple moving average is $115.82 and its 200-day simple moving average is $118.86. Camden Property Trust has a 52-week low of $90.50 and a 52-week high of $127.69. The stock has a market capitalization of $12.57 billion, a PE ratio of 37.29, a price-to-earnings-growth ratio of 4.13 and a beta of 0.94.

Camden Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Wednesday, December 18th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.50%. Camden Property Trust’s dividend payout ratio (DPR) is presently 130.38%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CPT. Barclays dropped their target price on shares of Camden Property Trust from $138.00 to $126.00 and set an “overweight” rating for the company in a report on Friday, January 24th. Stifel Nicolaus cut shares of Camden Property Trust from a “buy” rating to a “hold” rating and upped their target price for the company from $120.00 to $121.00 in a research report on Wednesday, November 13th. JPMorgan Chase & Co. cut shares of Camden Property Trust from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $129.00 to $128.00 in a research report on Tuesday, December 17th. Mizuho cut their target price on shares of Camden Property Trust from $129.00 to $125.00 and set an “outperform” rating on the stock in a research note on Monday, January 6th. Finally, StockNews.com lowered shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and a consensus target price of $125.36.

Insider Buying and Selling

In other Camden Property Trust news, Director Heather J. Brunner sold 264 shares of the firm’s stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $110.06, for a total value of $29,055.84. Following the completion of the sale, the director now owns 10,273 shares of the company’s stock, valued at approximately $1,130,646.38. This trade represents a 2.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Alexander J. Jessett sold 13,067 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $114.50, for a total value of $1,496,171.50. Following the completion of the sale, the chief financial officer now directly owns 124,246 shares of the company’s stock, valued at approximately $14,226,167. This trade represents a 9.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,413 shares of company stock valued at $2,895,718 over the last three months. 1.90% of the stock is currently owned by company insiders.

Camden Property Trust Company Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.