Camden Property Trust (CPT) Projected to Post Quarterly Earnings on Thursday

Camden Property Trust (NYSE:CPT - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $1.68 per share and revenue of $388.47 million for the quarter. Camden Property Trust has set its FY 2025 guidance at 6.600-6.900 EPS and its Q1 2025 guidance at 1.660-1.700 EPS.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its quarterly earnings data 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 10.58% and a return on equity of 3.35%. On average, analysts expect Camden Property Trust to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Camden Property Trust Price Performance

Shares of CPT traded down $1.26 during trading hours on Tuesday, reaching $112.96. 55,733 shares of the company's stock traded hands, compared to its average volume of 913,565. Camden Property Trust has a 12 month low of $98.00 and a 12 month high of $127.69. The company has a current ratio of 0.14, a quick ratio of 0.15 and a debt-to-equity ratio of 0.73. The stock has a market cap of $12.29 billion, a PE ratio of 75.33, a price-to-earnings-growth ratio of 4.41 and a beta of 0.79. The firm's 50 day simple moving average is $117.34 and its 200-day simple moving average is $117.55.

Camden Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were paid a dividend of $1.05 per share. This is a boost from Camden Property Trust's previous quarterly dividend of $1.03. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend was Monday, March 31st. Camden Property Trust's dividend payout ratio (DPR) is 280.00%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Mizuho cut their price target on shares of Camden Property Trust from $129.00 to $125.00 and set an "outperform" rating on the stock in a report on Monday, January 6th. StockNews.com upgraded Camden Property Trust from a "sell" rating to a "hold" rating in a report on Tuesday, March 18th. Citigroup raised Camden Property Trust from a "neutral" rating to a "buy" rating and raised their price target for the stock from $125.00 to $138.00 in a research note on Friday, March 28th. Scotiabank upped their price objective on shares of Camden Property Trust from $130.00 to $135.00 and gave the stock a "sector perform" rating in a report on Friday, February 14th. Finally, Barclays cut their target price on shares of Camden Property Trust from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $127.61.

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.