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

Camden Property Trust (NYSE:CPT) declared a quarterly dividend on Monday, June 15th. Investors of record on Tuesday, June 30th will be given 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 3.7%. The ex-dividend date is Tuesday, June 30th.

Camden Property Trust has raised its dividend payment 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% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities 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 Performance

NYSE CPT opened at $113.57 on Tuesday. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $117.50. The business’s 50-day moving average price is $105.73 and its 200 day moving average price is $105.96. The firm has a market cap of $11.42 billion, a P/E ratio of 31.72, a P/E/G ratio of 8.69 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last released its quarterly 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 return on equity of 8.71% and a net margin of 24.69%.The firm had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. During the same quarter last year, the company posted $1.72 earnings per share. The business’s revenue was down .5% on a year-over-year basis. 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. On average, equities research analysts expect that Camden Property Trust will post 6.65 earnings per share for the current year.

Institutional Investors Weigh In On Camden Property Trust

Several institutional investors have recently modified their holdings of the company. State Street Corp boosted its stake in shares of Camden Property Trust by 1.5% during the 3rd quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock worth $815,470,000 after acquiring an additional 111,215 shares in the last quarter. Viking Global Investors LP boosted its stake in shares of Camden Property Trust by 23.9% during the 4th quarter. Viking Global Investors LP now owns 4,764,495 shares of the real estate investment trust’s stock worth $524,476,000 after acquiring an additional 917,755 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Camden Property Trust by 38.4% during the 4th quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock worth $380,035,000 after acquiring an additional 957,896 shares in the last quarter. Centersquare Investment Management LLC boosted its stake in shares of Camden Property Trust by 3.6% during the 4th quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock worth $311,373,000 after acquiring an additional 98,130 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted 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 worth $232,698,000 after acquiring an additional 825,769 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

About Camden Property Trust

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.