Camden Property Trust (NYSE:CPT) Announces $1.05 Quarterly Dividend

Camden Property Trust (NYSE:CPT) declared a quarterly dividend on Wednesday, December 3rd. Stockholders of record on Wednesday, December 17th will be given a dividend of 1.05 per share by the real estate investment trust on Friday, January 16th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Wednesday, December 17th.

Camden Property Trust has increased its dividend payment by an average of 0.1%annually 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 271.0% 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 $7.07 per share next year, which means the company should continue to be able to cover its $4.20 annual dividend with an expected future payout ratio of 59.4%.

Camden Property Trust Price Performance

Shares of NYSE CPT opened at $105.61 on Thursday. The stock’s 50-day simple moving average is $103.34 and its 200-day simple moving average is $109.06. The firm has a market capitalization of $11.24 billion, a PE ratio of 42.76, a price-to-earnings-growth ratio of 3.52 and a beta of 0.82. Camden Property Trust has a fifty-two week low of $97.17 and a fifty-two week high of $126.55. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.13 and a current ratio of 0.13.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, beating the consensus estimate of $1.68 by $0.02. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. The company had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. During the same period in the prior year, the firm posted $1.71 earnings per share. The firm’s revenue was up 2.2% on a year-over-year basis. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. As a group, equities research analysts forecast that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Company Profile

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 58,250 apartment homes across the United States.