Laurie Baker Sells 2,168 Shares of Camden Property Trust (NYSE:CPT) Stock

Camden Property Trust (NYSE:CPT) COO Laurie Baker sold 2,168 shares of Camden Property Trust stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total transaction of $235,011.20. Following the completion of the sale, the chief operating officer owned 94,468 shares in the company, valued at $10,240,331.20. The trade was a 2.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Laurie Baker also recently made the following trade(s):

• On Tuesday, January 6th, Laurie Baker sold 150 shares of Camden Property Trust stock. The shares were sold at an average price of $110.21, for a total value of $16,531.50.
• On Monday, January 5th, Laurie Baker sold 531 shares of Camden Property Trust stock. The shares were sold at an average price of $109.79, for a total value of $58,298.49.

Camden Property Trust Stock Performance

Shares of NYSE CPT opened at $107.13 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.14 and a current ratio of 0.14. The stock has a 50 day moving average price of $108.38 and a 200 day moving average price of $106.39. The stock has a market capitalization of $11.08 billion, a PE ratio of 30.26, a price-to-earnings-growth ratio of 7.28 and a beta of 0.82. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $126.55.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.29). The company had revenue of $396.08 million during the quarter, compared to analyst estimates of $393.05 million. Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.73 EPS. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. Analysts predict that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust declared that its Board of Directors has approved a stock buyback program on Thursday, February 5th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the real estate investment trust to repurchase up to 5.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

Camden Property Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be paid a $1.06 dividend. This is a positive change from Camden Property Trust’s previous quarterly dividend of $1.05. This represents a $4.24 annualized dividend and a yield of 4.0%. The ex-dividend date is Tuesday, March 31st. Camden Property Trust’s dividend payout ratio is currently 118.64%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Camden Property Trust by 1.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock worth $2,257,000 after buying an additional 336 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Camden Property Trust by 2.4% during the 1st quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock valued at $926,000 after acquiring an additional 175 shares during the period. IFP Advisors Inc grew its holdings in shares of Camden Property Trust by 45.7% during the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 101 shares in the last quarter. CWM LLC increased its position in shares of Camden Property Trust by 319.3% in the second quarter. CWM LLC now owns 9,417 shares of the real estate investment trust’s stock worth $1,061,000 after purchasing an additional 7,171 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in Camden Property Trust by 1.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 16,789 shares of the real estate investment trust’s stock valued at $1,897,000 after purchasing an additional 253 shares in the last quarter. 97.22% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CPT. Piper Sandler set a $108.00 price target on Camden Property Trust in a report on Tuesday, January 27th. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, January 21st. Evercore reduced their target price on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a report on Monday, November 3rd. JPMorgan Chase & Co. upgraded shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 price target on the stock in a research note on Thursday, December 18th. Finally, Barclays raised their price objective on shares of Camden Property Trust from $118.00 to $119.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 13th. Six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $117.15.

About Camden Property Trust

Camden Property Trust is a publicly traded real estate investment trust (REIT) specializing in the ownership, development and management of multifamily residential communities across the United States. The company’s core business activities include acquiring land for new construction, overseeing the design and development of garden-style and mid-rise apartment communities, and providing ongoing property management services. Camden’s asset management team focuses on maintaining high occupancy levels, resident satisfaction and operational efficiency through consistent leasing, maintenance and community engagement programs.

Camden’s portfolio encompasses a geographically diversified mix of properties located primarily in high-growth Sun Belt and major metropolitan markets.