Camden Property Trust (NYSE:CPT) CAO Michael Gallagher Sells 169 Shares of Stock

Camden Property Trust (NYSE:CPT) CAO Michael Gallagher sold 169 shares of Camden Property Trust stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $108.43, for a total value of $18,324.67. Following the transaction, the chief accounting officer directly owned 39,640 shares of the company’s stock, valued at $4,298,165.20. This trade represents a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Camden Property Trust Price Performance

NYSE CPT traded down $1.10 during trading hours on Friday, reaching $107.49. The company’s stock had a trading volume of 218,008 shares, compared to its average volume of 1,341,584. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.14 and a current ratio of 0.14. The company’s 50-day moving average is $108.32 and its two-hundred day moving average is $106.38. Camden Property Trust has a fifty-two week low of $97.17 and a fifty-two week high of $126.55. The stock has a market cap of $11.12 billion, a PE ratio of 30.40, a PEG ratio of 7.28 and a beta of 0.82.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.29). The business had revenue of $396.08 million during the quarter, compared to analysts’ expectations of $393.05 million. Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the company earned $1.73 EPS. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. Analysts forecast that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st will be issued a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.9%. This is a positive change from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, March 31st. Camden Property Trust’s payout ratio is presently 118.64%.

Camden Property Trust announced that its Board of Directors has initiated a stock buyback plan on Thursday, February 5th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Camden Property Trust

A number of institutional investors have recently added to or reduced their stakes in the company. Maverick Capital Ltd. acquired a new position in shares of Camden Property Trust in the 4th quarter valued at about $202,304,000. Norges Bank purchased a new position in Camden Property Trust in the second quarter valued at approximately $160,217,000. Viking Global Investors LP lifted its position in Camden Property Trust by 41.6% during the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after buying an additional 1,130,718 shares in the last quarter. Invesco Ltd. grew its stake in Camden Property Trust by 38.4% during the fourth quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock worth $380,035,000 after buying an additional 957,896 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of Camden Property Trust by 64.1% in the fourth 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.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CPT. Mizuho upped their target price on shares of Camden Property Trust from $114.00 to $120.00 and gave the company an “outperform” rating in a report on Monday, January 12th. JPMorgan Chase & Co. raised shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 price objective on the stock in a research note on Thursday, December 18th. Piper Sandler set a $108.00 target price on shares of Camden Property Trust in a research note on Tuesday, January 27th. Royal Bank Of Canada cut their price target on Camden Property Trust from $109.00 to $108.00 and set a “sector perform” rating for the company in a report on Tuesday, February 10th. Finally, Barclays raised their price objective on Camden Property Trust from $118.00 to $119.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 13th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $117.15.

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.