Camden Property Trust (NYSE:CPT – Get Free Report) updated its FY 2024 earnings guidance on Thursday. The company provided EPS guidance of 6.740-6.840 for the period, compared to the consensus EPS estimate of 6.740. The company issued revenue guidance of -. Camden Property Trust also updated its Q3 2024 guidance to 1.660-1.700 EPS.
Camden Property Trust Price Performance
Shares of Camden Property Trust stock traded up $4.32 during trading hours on Thursday, reaching $115.07. The company’s stock had a trading volume of 1,985,088 shares, compared to its average volume of 985,662. Camden Property Trust has a one year low of $82.81 and a one year high of $115.98. The stock has a market cap of $12.26 billion, a P/E ratio of 27.93, a P/E/G ratio of 4.38 and a beta of 0.88. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.43 and a quick ratio of 0.43. The firm has a 50 day moving average price of $108.41 and a 200-day moving average price of $101.89.
Camden Property Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 17th. Investors of record on Friday, June 28th were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date was Friday, June 28th. Camden Property Trust’s dividend payout ratio (DPR) is 100.98%.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on Camden Property Trust
About Camden Property Trust
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 58,634 apartment homes across the United States.
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