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

$98.85
+0.25 (+0.25%)
(As of 04/24/2024 ET)
Today's Range
$97.12
$99.41
50-Day Range
$92.58
$103.58
52-Week Range
$82.81
$114.04
Volume
1.09 million shs
Average Volume
1.11 million shs
Market Capitalization
$10.76 billion
P/E Ratio
26.72
Dividend Yield
4.17%
Price Target
$104.29

Camden Property Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
5.5% Upside
$104.29 Price Target
Short Interest
Healthy
2.74% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.88
Upright™ Environmental Score
News Sentiment
1.55mentions of Camden Property Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.38%
From $6.72 to $6.88 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.12 out of 5 stars

Finance Sector

270th out of 855 stocks

Real Estate Investment Trusts Industry

53rd out of 180 stocks

CPT stock logo

About Camden Property Trust Stock (NYSE:CPT)

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 58,634 apartment homes across the United States. Upon completion of 4 properties currently under development, the Company's portfolio will increase to 59,800 apartment homes in 176 properties. Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 16 consecutive years, most recently ranking #33.

CPT Stock Price History

CPT Stock News Headlines

Camden Property Trust: My Favorite Sunbelt REIT
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Camden Property Trust Announces Executive Changes
My Biggest Losses And Lessons
RBC Capital Keeps Their Buy Rating on Camden Property (CPT)
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Don't Put All Your REIT Eggs In One Basket
Follow The Money (Blackstone): 3 Strong Buy REITs
CPT Apr 2024 105.000 call
Camden Property Trust: Rough Years Might Be Ahead
Camden Is Positioned To Weather A Weak 2024
See More Headlines
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Company Calendar

Last Earnings
2/02/2024
Ex-Dividend for 4/17 Dividend
3/27/2024
Dividend Payable
4/17/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Residential REITs
CUSIP
13313110
Employees
1,640
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$104.29
High Stock Price Target
$133.00
Low Stock Price Target
$84.00
Potential Upside/Downside
+5.5%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
17 Analysts

Profitability

Net Income
$403.31 million
Pretax Margin
26.86%

Debt

Sales & Book Value

Annual Sales
$1.54 billion
Cash Flow
$8.52 per share
Book Value
$43.69 per share

Miscellaneous

Free Float
106,781,000
Market Cap
$10.76 billion
Optionable
Optionable
Beta
0.83

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CPT Stock Analysis - Frequently Asked Questions

Should I buy or sell Camden Property Trust stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Camden Property Trust in the last year. There are currently 3 sell ratings, 8 hold ratings and 6 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.
View CPT analyst ratings
or view top-rated stocks.

What is Camden Property Trust's stock price target for 2024?

17 Wall Street research analysts have issued 12-month price targets for Camden Property Trust's shares. Their CPT share price targets range from $84.00 to $133.00. On average, they predict the company's share price to reach $104.29 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for CPT
or view top-rated stocks among Wall Street analysts.

How have CPT shares performed in 2024?

Camden Property Trust's stock was trading at $99.29 at the start of the year. Since then, CPT shares have decreased by 0.4% and is now trading at $98.85.
View the best growth stocks for 2024 here
.

Are investors shorting Camden Property Trust?

Camden Property Trust saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,080,000 shares, an increase of 11.2% from the February 29th total of 2,770,000 shares. Based on an average trading volume of 1,140,000 shares, the days-to-cover ratio is currently 2.7 days.
View Camden Property Trust's Short Interest
.

When is Camden Property Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CPT earnings forecast
.

How can I listen to Camden Property Trust's earnings call?

Camden Property Trust will be holding an earnings conference call on Friday, May 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "5359770".

How were Camden Property Trust's earnings last quarter?

Camden Property Trust (NYSE:CPT) released its earnings results on Friday, February, 2nd. The real estate investment trust reported $2.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.72 by $0.31. The real estate investment trust had revenue of $387.59 million for the quarter, compared to analyst estimates of $387.33 million. Camden Property Trust had a trailing twelve-month return on equity of 8.07% and a net margin of 26.15%. The company's quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the firm posted $1.74 earnings per share.

How often does Camden Property Trust pay dividends? What is the dividend yield for Camden Property Trust?

Camden Property Trust declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Friday, March 29th will be given a dividend of $1.03 per share on Wednesday, April 17th. This represents a $4.12 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of $1.00.
Read our dividend analysis for CPT
.

Is Camden Property Trust a good dividend stock?

Camden Property Trust (NYSE:CPT) pays an annual dividend of $4.12 per share and currently has a dividend yield of 4.20%. 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 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 111.35%. 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 59.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CPT.

What guidance has Camden Property Trust issued on next quarter's earnings?

Camden Property Trust issued an update on its first quarter 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of 1.650-1.690 for the period, compared to the consensus estimate of 1.690. The company issued revenue guidance of -.

What is Richard J. Campo's approval rating as Camden Property Trust's CEO?

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.

What other stocks do shareholders of Camden Property Trust own?

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).

Who are Camden Property Trust's major shareholders?

Camden Property Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.29%), Miller Howard Investments Inc. NY (0.17%), Reinhart Partners LLC. (0.12%), Raymond James & Associates (0.09%), Gateway Investment Advisers LLC (0.08%) and State of Alaska Department of Revenue (0.06%). Insiders that own company stock include Alexander J Jessett, 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 and William W Sengelmann.
View institutional ownership trends
.

How do I buy shares of Camden Property Trust?

Shares of CPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CPT) was last updated on 4/24/2024 by MarketBeat.com Staff

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