Camden Property Trust (NYSE:CPT) Releases Quarterly Earnings Results, Beats Estimates By $0.12 EPS

Key Points

• Q1 beat and guidance: Camden reported Q1 EPS of $0.40 versus $0.28 expected and revenue of $390.9M, and updated guidance to FY2026 EPS $6.60–$6.90 and Q2 EPS $1.650–$1.690.
• Dividend increase with high payout: The company raised its quarterly dividend to $1.06 ($4.24 annualized) for a ~4.0% yield, but the dividend payout ratio is elevated at about 119.8%.
• Capital actions create mixed signals: Management authorized a $600M share buyback (up to 5.2% of shares) while launching a new $500M equity program, which could introduce dilution despite the buyback.

Camden Property Trust (NYSE:CPT - Get Free Report) posted its quarterly earnings data on Thursday. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.12, Zacks reports. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The business had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. During the same period last year, the company earned $1.72 earnings per share. Camden Property Trust's quarterly revenue was down .5% on a year-over-year basis. Camden Property Trust updated its FY 2026 guidance to 6.600-6.900 EPS and its Q2 2026 guidance to 1.650-1.690 EPS.

Camden Property Trust Trading Down 0.2%

NYSE CPT opened at $105.14 on Friday. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $121.33. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.88. The stock has a 50 day moving average of $102.68 and a 200-day moving average of $104.75. The company has a market cap of $10.57 billion, a PE ratio of 29.70, a PEG ratio of 7.17 and a beta of 0.83.

Camden Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st were paid a dividend of $1.06 per share. The ex-dividend date was Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.0%. This is an increase from Camden Property Trust's previous quarterly dividend of $1.05. Camden Property Trust's dividend payout ratio (DPR) is currently 119.77%.

Camden Property Trust News Roundup

Here are the key news stories impacting Camden Property Trust this week:

• Positive Sentiment: Q1 funds from operations (FFO) came in at $1.70, beating the Zacks consensus of $1.67 — a near-term fundamental beat that supports income-focused REIT valuations. Camden (CPT) Beats Q1 FFO Estimates
• Positive Sentiment: Company Q1 results outpaced analyst revenue expectations (reported revenue ~$390.9M vs. est. ~$378.1M) and produced EPS/FFO beats on key metrics — a result that can underpin upside if leasing and rent trends continue to stabilize. Press Release
• Positive Sentiment: A brokerage consensus/compilation set a Camden price target near $114.91, implying upside from current levels and providing analyst support for the shares. Brokerages Set Camden Property Trust NYSE: CPT PT at $114.91
• Neutral Sentiment: Management updated guidance: Q2 EPS of $1.650–1.690 (roughly in line with the Street) and FY2026 EPS of $6.600–6.900 (around consensus). That reduces uncertainty but doesn’t materially change the outlook. Press Release (guidance)
• Neutral Sentiment: Analyst commentary suggests Camden may be modestly undervalued on a relative basis despite mixed returns; this frames the stock as a potential buy for value-oriented investors but not an unequivocal catalyst. Valuation Article
• Negative Sentiment: Camden launched a new $500 million equity program (replacing its prior ATM), which creates the potential for share issuance and dilution — a near-term overhang for yield-focused shareholders. Camden Property Launches New $500 Million Equity Program
• Negative Sentiment: On a year-over-year basis, revenue was slightly down (~0.5%) and EPS/FFO were roughly flat versus the prior year — a reminder that growth is modest and could temper upside absent accelerating rent/occupancy gains. Press Release (results detail)

Analyst Ratings Changes

A number of research firms have weighed in on CPT. Royal Bank Of Canada reduced their price target on Camden Property Trust from $109.00 to $108.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 10th. Truist Financial boosted their price objective on shares of Camden Property Trust from $116.00 to $118.00 and gave the stock a "buy" rating in a research report on Tuesday, January 20th. UBS Group increased their target price on shares of Camden Property Trust from $105.00 to $108.00 and gave the stock a "neutral" rating in a report on Thursday, January 8th. Mizuho raised their target price on shares of Camden Property Trust from $114.00 to $120.00 and gave the company an "outperform" rating in a research report on Monday, January 12th. Finally, Morgan Stanley lowered their price target on shares of Camden Property Trust from $123.00 to $119.00 and set an "equal weight" rating on the stock in a research note on Monday, March 16th. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $114.91.

Camden Property Trust announced that its Board of Directors has initiated a share repurchase program on Thursday, February 5th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to reacquire up to 5.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Camden Property Trust news, COO Laurie Baker sold 2,168 shares of the company's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total transaction of $235,011.20. Following the sale, the chief operating officer directly owned 94,468 shares of the company's stock, valued at approximately $10,240,331.20. This represents a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On Camden Property Trust

A number of institutional investors and hedge funds have recently modified their holdings of CPT. Fulcrum Asset Management LLP bought a new position in Camden Property Trust during the third quarter worth about $32,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Camden Property Trust in the second quarter valued at approximately $32,000. MUFG Securities EMEA plc bought a new position in shares of Camden Property Trust during the 2nd quarter worth approximately $35,000. Prosperity Bancshares Inc bought a new position in shares of Camden Property Trust during the 4th quarter worth approximately $42,000. Finally, BOKF NA increased its holdings in shares of Camden Property Trust by 19,350.0% during the 3rd quarter. BOKF NA now owns 778 shares of the real estate investment trust's stock worth $83,000 after acquiring an additional 774 shares during the last quarter. 97.22% of the stock is owned by institutional investors.

Camden Property Trust Company Profile

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.