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

Company Overview

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. Upon completion of 5 properties currently under development, the Company's portfolio will increase to 59,996 apartment homes in 177 properties. Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 17 consecutive years, most recently ranking #24.

Key Stats

• Today's Range: $113.08 to $115.62
• 50-Day Range: $112.52 to $127.03
• 52-Week Range: $90.50 to $127.69
• Volume: 1.76 million shs
• Average Volume: 962,438 shs
• Market Capitalization: $12.26 billion
• P/E Ratio: 36.36
• Dividend Yield: 3.59%
• Price Target: $125.81
• Consensus Rating: Hold

Camden Property Trust Stock Analysis - MarketRank™

Camden Property Trust scored higher than 79% of companies evaluated by MarketBeat, and ranked 295th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Camden Property Trust has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 5 buy ratings, 12 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Camden Property Trust has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.22%

Earnings Growth

Earnings for Camden Property Trust are expected to grow by 2.22% in the coming year, from $6.75 to $6.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Camden Property Trust is 36.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Camden Property Trust is 36.36, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 24.78.

Price to Earnings Growth Ratio

Camden Property Trust has a PEG Ratio of 4.40. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Camden Property Trust has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.64% of the outstanding shares of Camden Property Trust have been sold short.

Short Interest Ratio / Days to Cover

Camden Property Trust has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Camden Property Trust has recently decreased by 3.85%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Camden Property Trust is a leading dividend payer. It pays a dividend yield of 3.66%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Camden Property Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Camden Property Trust is 130.38%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Camden Property Trust will have a dividend payout ratio of 59.71% next year. This indicates that Camden Property Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.5 / 5
• Environmental Score: -2.88

Percentage of Shares Shorted

1.64% of the outstanding shares of Camden Property Trust have been sold short.

Short Interest Ratio / Days to Cover

Camden Property Trust has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Camden Property Trust has recently decreased by 3.85%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.92

News Sentiment

Camden Property Trust has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Camden Property Trust this week, compared to 8 articles on an average week.

Search Interest

2 people have searched for CPT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Camden Property Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Camden Property Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.80% of the stock of Camden Property Trust is held by insiders.

Percentage Held by Institutions

97.22% of the stock of Camden Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CPT Stock Analysis - Frequently Asked Questions

How have CPT shares performed this year?

Camden Property Trust's stock was trading at $99.29 on January 1st, 2024. Since then, CPT shares have increased by 15.7% and is now trading at $114.91.
View the best growth stocks for 2024 here.

How were Camden Property Trust's earnings last quarter?

Camden Property Trust (NYSE:CPT) announced its quarterly earnings results on Thursday, August, 1st. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.67 by $1.27. The real estate investment trust earned $387.15 million during the quarter, compared to analysts' expectations of $384.76 million. Camden Property Trust had a net margin of 22.32% and a trailing twelve-month return on equity of 6.97%.

Who are Camden Property Trust's major shareholders?

Camden Property Trust's top institutional shareholders include State Street Corp (6.67%), Victory Capital Management Inc. (3.87%), FMR LLC (3.09%) and Geode Capital Management LLC (2.57%). Insiders that own company stock include Richard J Campo, Alexander J Jessett, William W Sengelmann, Michael P Gallagher, Kelvin R Westbrook, Heather J Brunner and D Keith Oden.
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.

What other stocks do shareholders of Camden Property Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Camden Property Trust investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Chevron (CVX) and Visa (V).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 10/17 Dividend: 9/30/2024
• Dividend Payable: 10/17/2024
• Ex-Dividend for 1/17 Dividend: 12/18/2024
• Today: 12/23/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/17/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Residential REITs
• Current Symbol: NYSE:CPT
• CUSIP: 13313110
• CIK: 906345
• Web: www.camdenliving.com
• Phone: (713) 354-2500
• Fax: 713-354-2700
• Employees: 1,640
• Year Founded: 1982

Price Target and Rating

• Average Stock Price Target: $125.81
• High Stock Price Target: $147.00
• Low Stock Price Target: $105.50
• Potential Upside/Downside: +9.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.22
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.16
• Trailing P/E Ratio: 36.36
• Forward P/E Ratio: 17.02
• P/E Growth: 4.4
• Net Income: $403.31 million
• Net Margins: 22.32%
• Pretax Margin: 23.02%
• Return on Equity: 6.97%
• Return on Assets: 3.78%

Debt

• Debt-to-Equity Ratio: 0.72
• Current Ratio: 0.15
• Quick Ratio: 0.15

Sales & Book Value

• Annual Sales: $1.55 billion
• Price / Sales: 7.93
• Cash Flow: $8.07 per share
• Price / Cash Flow: 14.24
• Book Value: $43.69 per share
• Price / Book: 2.63

Miscellaneous

• Outstanding Shares: 106,681,000
• Free Float: 104,761,000
• Market Cap: $12.26 billion
• Optionable: Optionable
• Beta: 0.92