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

Camden Property Trust (NYSE:CPTGet Free Report) 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) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, June 30th.

Camden Property Trust has raised its dividend by an average of 0.0%per year over the last three years and has increased 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. 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 Trading Down 1.2%

CPT stock opened at $113.57 on Tuesday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42. The company’s 50-day simple moving average is $105.73 and its 200 day simple moving average is $105.96. Camden Property Trust has a 52 week low of $96.53 and a 52 week high of $117.50. The company has a market capitalization of $11.42 billion, a PE ratio of 31.72, a price-to-earnings-growth ratio of 8.69 and a beta of 0.80.

Camden Property Trust (NYSE:CPTGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $378.11 million. During the same period in the prior year, the company 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.

About Camden Property Trust

(Get Free Report)

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.

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Dividend History for Camden Property Trust (NYSE:CPT)

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