Camden Property Trust (CPT) Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Camden Property Trust in the last year. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CPT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CPT, but not buy additional shares or sell existing shares.
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15 Wall Street research analysts have issued 1 year target prices for Camden Property Trust's stock. Their CPT share price forecasts range from $107.00 to $140.00. On average, they anticipate the company's stock price to reach $128.63 in the next year. This suggests a possible upside of 32.0% from the stock's current price.
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Camden Property Trust's stock was trading at $111.88 at the beginning of the year. Since then, CPT shares have decreased by 12.9% and is now trading at $97.41.
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Camden Property Trust saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,810,000 shares, an increase of 8.4% from the August 15th total of 1,670,000 shares. Based on an average daily volume of 711,600 shares, the days-to-cover ratio is currently 2.5 days.
View Camden Property Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our CPT earnings forecast.

Camden Property Trust (NYSE:CPT) announced its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.42 earnings per share for the quarter, missing the consensus estimate of $1.49 by $1.07. The real estate investment trust earned $311.36 million during the quarter, compared to analysts' expectations of $308.90 million. Camden Property Trust had a trailing twelve-month return on equity of 4.14% and a net margin of 13.78%. The business's revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.24 EPS.

Camden Property Trust declared a quarterly dividend on Friday, September 15th. Investors of record on Friday, September 29th will be given a dividend of $1.00 per share on Tuesday, October 17th. This represents a $4.00 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for CPT.

ETFs with the largest weight of Camden Property Trust (NYSE:CPT) stock in their portfolio include Private Real Estate Strategy via Liquid REITs ETF (PRVT), Residential REIT ETF (HAUS), Nuveen Short-Term REIT ETF (NURE), SP Funds S&P Global REIT Sharia ETF (SPRE), Kelly Residential & Apartment Real Estate ETF (RESI), Formidable Fortress ETF (KONG), iShares Residential and Multisector Real Estate ETF (REZ) and Invesco S&P 500 Equal Weight Real Estate ETF (EWRE).

Camden Property Trust (NYSE:CPT) pays an annual dividend of $4.00 per share and currently has a dividend yield of 4.08%. CPT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 208.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CPT will have a dividend payout ratio of 55.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CPT.

Camden Property Trust issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $1.71-$1.75 for the period, compared to the consensus EPS estimate of $1.73. The company issued revenue guidance of -.

326 employees have rated Camden Property Trust Chief Executive Officer Richard J. Campo on Glassdoor.com. Richard J. Campo has an approval rating of 99% among the company's employees. This puts Richard J. Campo in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Camden Property Trust investors own include Amgen (AMGN), Cisco Systems (CSCO), Gilead Sciences (GILD), NVIDIA (NVDA), Salesforce (CRM), Procter & Gamble (PG), American Tower (AMT), Boeing (BA), Bank of America (BAC) and Crown Castle (CCI).

Camden Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPT."

Camden Property Trust's stock is owned by many different retail and institutional investors. Top institutional investors include Cohen & Steers Inc. (11.34%), BlackRock Inc. (9.25%), State Street Corp (6.46%), Bank Julius Baer & Co. Ltd Zurich (3.56%), Victory Capital Management Inc. (3.33%) and JPMorgan Chase & Co. (2.68%). Insiders that own company stock include D Keith Oden, Frances Aldrich Sevilla-Sacasa, H Malcolm Stewart, Heather J Brunner, Kelvin R Westbrook, Laurie Baker, Michael P Gallagher, Richard J Campo, Scott S Ingraham, William F Paulsen and William W Sengelmann.
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Shares of CPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CPT stock can currently be purchased for approximately $97.41.

Camden Property Trust (NYSE:CPT) has a market capitalization of $10.40 billion and generates $1.42 billion in revenue each year. The real estate investment trust earns $653.61 million in net income (profit) each year or $1.92 on an earnings per share basis.

The company employs 1,650 workers across the globe.

Camden Property Trust's mailing address is 11 Greenway Plaza Suite 2400, Houston TX, 77046. The official website for the company is www.camdenliving.com. The real estate investment trust can be reached via phone at (713) 354-2500, via email at kcallahan@camdenliving.com, or via fax at 713-354-2700.