Camden Property Trust (NYSE:CPT) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Camden Property Trust (NYSE:CPT) released its quarterly earnings results on Thursday. The real estate investment trust reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.01, Zacks reports. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The company had revenue of $396.07 million for the quarter, compared to the consensus estimate of $392.88 million. During the same quarter in the prior year, the firm earned $1.70 earnings per share. Camden Property Trust’s revenue was up 7.4% on a year-over-year basis. Camden Property Trust updated its FY 2026 guidance to 6.680-6.820 EPS and its Q3 2026 guidance to 1.670-1.710 EPS.

Camden Property Trust Stock Performance

Shares of NYSE CPT traded down $2.90 during mid-day trading on Thursday, hitting $113.47. 1,806,894 shares of the company were exchanged, compared to its average volume of 1,190,819. The firm has a market cap of $11.41 billion, a price-to-earnings ratio of 31.69, a price-to-earnings-growth ratio of 8.86 and a beta of 0.78. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $119.81. The stock has a 50 day simple moving average of $112.31 and a 200-day simple moving average of $107.41.

Camden Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were issued a dividend of $1.06 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $4.24 annualized dividend and a dividend yield of 3.7%. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.44%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CPT. Mizuho boosted their target price on shares of Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Piper Sandler lifted their price target on Camden Property Trust from $108.00 to $119.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Wall Street Zen downgraded Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Sunday, June 21st. Stifel Nicolaus set a $118.75 price objective on shares of Camden Property Trust in a research note on Friday, May 1st. Finally, Morgan Stanley raised their target price on shares of Camden Property Trust from $117.00 to $120.00 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. Five research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $116.40.

Institutional Trading of Camden Property Trust

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quinn Opportunity Partners LLC acquired a new stake in shares of Camden Property Trust during the 4th quarter valued at approximately $1,486,000. XTX Topco Ltd acquired a new stake in shares of Camden Property Trust in the 3rd quarter worth approximately $1,217,000. Rakuten Investment Management Inc. grew its holdings in shares of Camden Property Trust by 302.8% in the 4th quarter. Rakuten Investment Management Inc. now owns 9,489 shares of the real estate investment trust’s stock worth $1,044,000 after acquiring an additional 7,133 shares during the period. Polymer Capital Management US LLC purchased a new position in Camden Property Trust in the 3rd quarter valued at approximately $643,000. Finally, Federated Hermes Inc. increased its stake in Camden Property Trust by 265.0% in the 2nd quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust’s stock valued at $554,000 after purchasing an additional 3,570 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Trending Headlines about Camden Property Trust

Here are the key news stories impacting Camden Property Trust this week:

• Positive Sentiment: Camden reported second-quarter funds from operations (FFO) of $1.68 per share, slightly above the $1.67 analyst estimate, while revenue of approximately $396.1 million also exceeded expectations. FFO was $1.70 per share in the year-ago period. Camden Q2 FFO and Revenues Beat Estimates
• Positive Sentiment: Full-year 2026 Core FFO guidance was set at $6.68-$6.82 per share, above the roughly $6.65 consensus estimate. Third-quarter guidance of $1.67-$1.71 per share was centered near analyst expectations, indicating no major near-term earnings reset. Key Metrics Tell Us About Camden Q2 Earnings
• Neutral Sentiment: Camden sold 11 California communities for approximately $1.625 billion on July 29. The transaction could strengthen liquidity and allow capital redeployment, but it also removes assets and revenue from the operating portfolio.
• Negative Sentiment: Underlying property performance was soft: same-property revenue excluding California declined 0.1% year over year, while same-property net operating income fell 1.4%. Property revenue was reported at about $392.9 million in the detailed operating update, below the prior year’s $396.5 million.
• Negative Sentiment: GAAP results were substantially weaker, with net income attributable to common shareholders falling to $18.8 million from $80.7 million and diluted EPS dropping to $0.18 from $0.74. The company also reported four insider sales and no insider purchases during the past six months, which may add to investor caution. Camden Property Trust Posts Second-Quarter EPS

Camden Property Trust Company Profile

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.