Camden Property Trust (CPT) stock
Real Estate · Multi-Family Residential REITs
Camden Property Trust (CPT) is a Multi-Family Residential REITs company in the Real Estate sector, headquartered in Houston, Texas. As of October 23, 2026, CPT closed at $102.00, a market capitalization of $11.80 billion, the 475th largest company in the S&P 500. Over the last twelve months it generated $1.58 billion in revenue (-1% year over year) and $370.48 million in free cash flow. The stock trades at 33.7x trailing earnings and 136.0x forward earnings.
- 1-year total return: +1.2% (dividends reinvested)
- 5-year return: -5.2% a year
- 52-week range: $95.30 – $119.81
- Gross margin 61.6%, operating margin 16.1%
- Dividend yield: 4.16%, 4 straight years of increases
- FI Handbook report card: C- across 10 metrics
- 27th largest of 30 Real Estate stocks in the S&P 500
CPT price chart
1Y price change: -2.8% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| CPT | +5.6% | -4.4% | +1.2% | +7.7% | -5.2% | +6.2% | +10.1% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1993.
CPT key statistics
- Market cap
- $11.8B
- #475 in S&P 500
- P/E (TTM)
- 33.7x
- Forward P/E
- 136.0x
- EPS (TTM)
- $3.03
- Revenue (TTM)
- $1.6B
- -1%
- Free cash flow
- $370.5M
- Gross margin
- 61.6%
- Operating margin
- 16.1%
- Return on equity
- 7.9%
- Dividend yield
- 4.16%
- 52-week range
- $95.30 – $119.81
- Beta
- 0.81
- Price / sales
- 7.5x
- EV / EBITDA
- 17.2x
- Debt / equity
- 1.26x
- Employees
- 1,640
CPT report card
C-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth-0.8%F
- Gross margin61.6%A
- Operating margin16.1%C
- FCF margin23.4%B
- Return on equity7.9%D
- Net debt / EBITDA5.4xF
- Forward P/E136.0xF
- PEG ratio9.2xF
- Shareholder yield6.4%A
- Share count change / yr1.7%D
Camden Property Trust financials
Revenue went from $876.4M in fiscal 2016 to $13.0M in fiscal 2025, shrinking 37.4% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $876.4M | $8.2M | $7.2M | $8.7M | $10.8M | $10.5M | $5.2M | $3.5M | $7.1M | $13.0M |
| Gross profit | — | -$320.6M | -$336.3M | -$357.7M | -$384.0M | -$406.5M | -$492.9M | -$545.5M | -$551.7M | -$553.7M |
| Net income | $819.8M | $196.4M | $156.1M | $219.6M | $123.9M | $303.9M | $653.6M | $403.3M | $163.3M | $384.5M |
| EPS (diluted) | $9.05 | $2.13 | $1.63 | $2.22 | $1.24 | $2.96 | $6.04 | $3.70 | $1.50 | $3.54 |
| Buybacks | — | — | — | — | — | — | $0 | $0 | $50.0M | $270.7M |
| Dividends paid | $663.4M | $280.8M | $298.0M | $317.3M | $333.4M | $343.0M | $396.8M | $434.9M | $451.0M | $460.9M |
| Diluted shares | 89.9M | 92.5M | 95.4M | 99.4M | 99.4M | 102.8M | 108.4M | 109.4M | 108.5M | 108.4M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into CPT?
A reverse DCF asks what growth the current price requires. With an enterprise value of $16.6B and $370.5M of trailing free cash flow, Camden Property Trust needs to grow free cash flow about 31.6% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 28.8x vs. median 41.3x (10th–90th percentile 12.1x–85.1x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
CPT dividend
- Dividend yield
- 4.16%
- Annual dividend
- $4.24
- Years of increases
- 4
- 5-yr dividend growth
- 4.8%
- per year
- Payout ratio
- 139%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
CPT analyst price targets
22 analysts' average 12-month target is $111.28 (+9% vs. $102.00). Targets range from $96.00 to $132.00.
CPT earnings
Next report: November 5, 2026.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 30, 2026 | $0.27 | $0.18 | -34.0% |
| Apr 30, 2026 | $0.25 | $-0.24 | -196.4% |
| Feb 5, 2026 | $0.28 | $0.39 | +39.9% |
| Nov 6, 2025 | $0.28 | $0.21 | -23.2% |
| Jul 31, 2025 | $0.33 | $0.31 | -6.9% |
| May 1, 2025 | $0.28 | $0.36 | +29.5% |
| Feb 6, 2025 | $0.42 | $0.37 | -11.9% |
| Oct 31, 2024 | $0.28 | $0.34 | +23.4% |
Stocks like CPT
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 VMRK Vivmark Residential | -0.85% | +4% | $48.8B | 24.1x | Compare |
 ESS Essex Property Trust | -1.45% | +10% | $19.2B | 43.3x | Compare |
 MAA Mid-America Apartment Communiti | -1.15% | -6% | $14.2B | 35.0x | Compare |
 UDR UDR | -0.94% | +3% | $13.2B | 22.7x | Compare |
 WELL Welltower | -0.03% | +37% | $171.0B | 106.4x | Compare |
 PLD Prologis | -0.17% | +4% | $122.9B | 28.1x | Compare |
 EQIX Equinix | +0.25% | +17% | $94.2B | 61.5x | Compare |
 AMT American Tower Corporation (REI | +4.08% | +3% | $88.1B | 26.0x | Compare |
CPT news
- Apartment Operators Are Rethinking The Amenity Arms Race · Oct 20, 2026
- Camden Property Trust (CPT), What Is Drawing Fresh Attention Now? · Oct 9, 2026
- Camden Property Trust Announces Third Quarter 2026 Earnings Release and Conference Call Dates · Oct 7, 2026
- How Is Camden Property Trust Stock Performance Compared to Other Residential REIT Stocks · Sep 24, 2026
- Camden Property Trust Announces Third Quarter 2026 Dividend · Sep 15, 2026
CPT stock FAQ
What is CPT's market cap?
Camden Property Trust's market capitalization is $11.80 billion as of October 23, 2026, ranking 475th in the S&P 500.
What is CPT's P/E ratio?
CPT trades at a trailing price-to-earnings ratio of 33.7x and a forward P/E of 136.0x. Its median P/E over the period we track is 41.3x.
Does CPT pay a dividend?
Yes. Camden Property Trust pays $4.24 per share a year, a 4.16% yield. It has raised its dividend 4 years in a row. Dividends grew 4.8% a year over the last five years.
How much has CPT stock returned?
Including reinvested dividends, CPT returned +1.2% over one year, -5.2% a year over five years, +6.2% a year over ten years through October 23, 2026.
Is CPT stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Camden Property Trust must grow free cash flow about 32% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the CPT price target?
22 analysts cover CPT with an average 12-month price target of $111.28, +9% from the current price.
When does CPT report earnings?
Camden Property Trust is expected to report earnings on November 5, 2026.
How many employees does Camden Property Trust have?
Camden Property Trust has about 1,640 full-time employees, or $964,554 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology