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

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Camden Property Trust in the last twelve months. There are currently 1 sell rating, 6 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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14 equities research analysts have issued 12 month target prices for Camden Property Trust's shares. Their CPT share price forecasts range from $101.00 to $140.00. On average, they anticipate the company's stock price to reach $127.44 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price.
View analysts price targets for CPT or view top-rated stocks among Wall Street analysts.

Camden Property Trust's stock was trading at $111.88 at the beginning of 2023. Since then, CPT shares have decreased by 15.5% and is now trading at $94.58.
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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 short-interest ratio is presently 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) released its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported $0.42 EPS 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 net margin of 13.78% and a trailing twelve-month return on equity of 4.14%. The business's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.24 EPS.

Camden Property Trust announced a quarterly dividend on Friday, September 15th. Stockholders 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 annualized dividend and a dividend yield of 4.23%. 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 4.23%. 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 updated 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 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."

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 $94.58.

Camden Property Trust (NYSE:CPT) has a market capitalization of $10.10 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.