Camden Property Trust (CPT) to Distribute Quarterly Dividend of $1.06 on July 17th

Camden Property Trust (NYSE:CPT) declared a quarterly dividend on Monday, June 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 1.06 per share by the real estate investment trust on Friday, July 17th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, June 30th.

Camden Property Trust has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Camden Property Trust has a payout ratio of 273.5% indicating that 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 $6.95 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 61.0%.

Camden Property Trust Stock Up 2.4%

CPT opened at $116.27 on Friday. The business has a 50 day moving average of $107.50 and a 200-day moving average of $106.31. The stock has a market capitalization of $11.69 billion, a price-to-earnings ratio of 32.48, a P/E/G ratio of 8.79 and a beta of 0.80. 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 has a 1-year low of $96.53 and a 1-year high of $116.59.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The business had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. During the same quarter in the previous year, the firm posted $1.72 earnings per share. Camden Property Trust’s revenue was down .5% compared to the same quarter last year. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. As a group, sell-side analysts anticipate that Camden Property Trust will post 6.65 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Waterfall Asset Management LLC acquired a new stake in Camden Property Trust in the 3rd quarter valued at $3,257,000. American Century Companies Inc. boosted its stake in shares of Camden Property Trust by 21.2% in the 3rd quarter. American Century Companies Inc. now owns 195,488 shares of the real estate investment trust’s stock valued at $20,874,000 after purchasing an additional 34,204 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Camden Property Trust by 4.2% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 293,950 shares of the real estate investment trust’s stock valued at $31,388,000 after purchasing an additional 11,809 shares in the last quarter. New Age Alpha Advisors LLC bought a new stake in shares of Camden Property Trust in the 3rd quarter worth about $2,345,000. Finally, Teacher Retirement System of Texas grew its holdings in shares of Camden Property Trust by 517.9% in the 4th quarter. Teacher Retirement System of Texas now owns 267,847 shares of the real estate investment trust’s stock worth $29,485,000 after purchasing an additional 224,501 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

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.