Camden Property Trust (NYSE:CPT) Issues FY 2025 Earnings Guidance

Camden Property Trust (NYSE:CPT - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 6.600-6.900 for the period, compared to the consensus EPS estimate of 6.810. The company issued revenue guidance of -. Camden Property Trust also updated its Q1 2025 guidance to 1.660-1.700 EPS.

Camden Property Trust Trading Up 0.3 %

Shares of Camden Property Trust stock traded up $0.30 on Monday, hitting $119.46. 854,508 shares of the company's stock traded hands, compared to its average volume of 874,471. The company has a market capitalization of $12.74 billion, a price-to-earnings ratio of 79.64, a price-to-earnings-growth ratio of 4.27 and a beta of 0.94. The company has a fifty day moving average of $115.42 and a two-hundred day moving average of $119.03. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.15 and a quick ratio of 0.15. Camden Property Trust has a one year low of $90.50 and a one year high of $127.69.

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 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.05. Camden Property Trust had a net margin of 10.58% and a return on equity of 3.32%. As a group, sell-side analysts expect that Camden Property Trust will post 6.8 earnings per share for the current year.

Camden Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date is Monday, March 31st. This is a boost from Camden Property Trust's previous quarterly dividend of $1.03. Camden Property Trust's dividend payout ratio is 274.67%.

Analyst Ratings Changes

A number of brokerages recently commented on CPT. JPMorgan Chase & Co. lowered Camden Property Trust from a "neutral" rating to an "underweight" rating and decreased their target price for the company from $129.00 to $128.00 in a research report on Tuesday, December 17th. Mizuho decreased their price objective on Camden Property Trust from $129.00 to $125.00 and set an "outperform" rating for the company in a report on Monday, January 6th. Wells Fargo & Company cut their target price on Camden Property Trust from $127.00 to $120.00 and set an "equal weight" rating on the stock in a report on Friday, January 24th. Royal Bank of Canada boosted their price target on shares of Camden Property Trust from $121.00 to $123.00 and gave the company a "sector perform" rating in a research note on Monday. Finally, StockNews.com lowered shares of Camden Property Trust from a "hold" rating to a "sell" rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $126.03.

Insider Activity at Camden Property Trust

In other news, CEO Richard J. Campo sold 1,043 shares of the stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $110.06, for a total transaction of $114,792.58. Following the completion of the transaction, the chief executive officer now directly owns 299,092 shares of the company's stock, valued at $32,918,065.52. This represents a 0.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Alexander J. Jessett sold 13,067 shares of Camden Property Trust stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $114.50, for a total transaction of $1,496,171.50. Following the completion of the sale, the chief financial officer now directly owns 124,246 shares in the company, valued at $14,226,167. This trade represents a 9.52 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,413 shares of company stock valued at $2,895,718. 1.80% of the stock is owned by insiders.

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.