Camden Property Trust (CPT) to Issue Quarterly Dividend of $1.06 on October 16th

Camden Property Trust (NYSE:CPT) announced a quarterly dividend on Tuesday, September 15th. Stockholders of record on Wednesday, September 30th will be paid a dividend of 1.06 per share by the real estate investment trust on Friday, October 16th. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Wednesday, September 30th.

Camden Property Trust has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 4 years. Camden Property Trust has a dividend 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. Research analysts expect Camden Property Trust to earn $6.90 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 61.4%.

Camden Property Trust Stock Down 1.4%

Shares of NYSE:CPT opened at $101.36 on Thursday. The firm has a 50 day simple moving average of $109.22 and a 200-day simple moving average of $107.20. Camden Property Trust has a twelve month low of $96.53 and a twelve month high of $119.81. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. The company has a market capitalization of $10.19 billion, a PE ratio of 33.56, a P/E/G ratio of 7.29 and a beta of 0.77.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The company had revenue of $396.07 million during the quarter, compared to analysts’ expectations of $392.88 million. During the same period last year, the business earned $1.70 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. On average, equities analysts predict that Camden Property Trust will post 6.75 EPS for the current fiscal year.

Camden Property Trust Company Profile

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages apartment communities. Its portfolio is focused primarily on multifamily housing, with properties offering a range of apartment floor plans and amenities designed for renters in urban and suburban markets.

The company serves residents across several major metropolitan areas in the U.S. Sun Belt, including markets in Texas, Colorado, Arizona, California, Georgia, North Carolina, Florida, and Tennessee.