Camden Property Trust (NYSE:CPT) Releases FY 2025 Earnings Guidance

Camden Property Trust (NYSE:CPT) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 6.600-6.900 for the period, compared to the consensus EPS estimate of 6.810. The company issued revenue guidance of -. Camden Property Trust also updated its Q1 2025 guidance to 1.660-1.700 EPS.

Analyst Ratings Changes

CPT has been the topic of several recent research reports. Stifel Nicolaus upped their target price on shares of Camden Property Trust from $121.00 to $122.00 and gave the company a “hold” rating in a research report on Friday. Scotiabank decreased their price objective on Camden Property Trust from $132.00 to $130.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 14th. Wells Fargo & Company dropped their target price on Camden Property Trust from $127.00 to $120.00 and set an “equal weight” rating for the company in a report on Friday, January 24th. Mizuho decreased their price target on Camden Property Trust from $129.00 to $125.00 and set an “outperform” rating on the stock in a report on Monday, January 6th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $121.00 price target on shares of Camden Property Trust in a research report on Wednesday, January 22nd. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $125.42.

Camden Property Trust Trading Up 1.4 %

CPT opened at $119.33 on Friday. Camden Property Trust has a 52 week low of $90.50 and a 52 week high of $127.69. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.72. The business has a fifty day simple moving average of $115.64 and a 200-day simple moving average of $118.85. The firm has a market cap of $12.73 billion, a P/E ratio of 37.76, a P/E/G ratio of 4.13 and a beta of 0.94.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, February 6th. The real estate investment trust reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.05. Camden Property Trust had a net margin of 22.32% and a return on equity of 6.97%. On average, equities analysts expect that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.03. Camden Property Trust’s payout ratio is 130.38%.

Insider Buying and Selling at Camden Property Trust

In other news, Director Heather J. Brunner sold 264 shares of the firm’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $110.06, for a total value of $29,055.84. Following the completion of the sale, the director now owns 10,273 shares in the company, valued at approximately $1,130,646.38. This trade represents a 2.51 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Richard J. Campo sold 1,043 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $110.06, for a total transaction of $114,792.58. Following the completion of the sale, the chief executive officer now owns 299,092 shares of the company’s stock, valued at approximately $32,918,065.52. The trade was a 0.35 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,413 shares of company stock worth $2,895,718. 1.90% of the stock is currently owned by insiders.

About Camden Property Trust

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.