Shares of Camden Property Trust (NYSE:CPT – Get Free Report) have been assigned a consensus recommendation of “Hold” from the eighteen research firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $115.1094.
A number of analysts recently issued reports on CPT shares. Wall Street Zen cut Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. Morgan Stanley lifted their price target on shares of Camden Property Trust from $117.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Stifel Nicolaus set a $118.75 price target on shares of Camden Property Trust in a report on Friday, May 1st. Barclays increased their price objective on shares of Camden Property Trust from $115.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Finally, UBS Group cut their price objective on shares of Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th.
Check Out Our Latest Report on Camden Property Trust
Camden Property Trust Trading Down 0.3%
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The firm had revenue of $390.92 million during the quarter, compared to analysts’ expectations of $378.11 million. During the same period in the previous year, the firm earned $1.72 earnings per share. The company’s revenue was down .5% on a year-over-year basis. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. On average, equities analysts anticipate that Camden Property Trust will post 6.65 earnings per share for the current year.
Camden Property Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is 118.44%.
Institutional Trading of Camden Property Trust
A number of institutional investors have recently modified their holdings of the company. Vert Asset Management LLC bought a new position in shares of Camden Property Trust during the fourth quarter worth about $3,150,000. Teacher Retirement System of Texas lifted its stake in Camden Property Trust by 517.9% in the 4th quarter. Teacher Retirement System of Texas now owns 267,847 shares of the real estate investment trust’s stock valued at $29,485,000 after acquiring an additional 224,501 shares in the last quarter. M&T Bank Corp lifted its stake in Camden Property Trust by 120.5% in the 4th quarter. M&T Bank Corp now owns 19,068 shares of the real estate investment trust’s stock valued at $2,100,000 after acquiring an additional 10,420 shares in the last quarter. Coronation Fund Managers Ltd. acquired a new position in Camden Property Trust during the 4th quarter worth approximately $17,583,000. Finally, Davis Selected Advisers boosted its position in Camden Property Trust by 13.3% during the 3rd quarter. Davis Selected Advisers now owns 89,120 shares of the real estate investment trust’s stock worth $9,516,000 after acquiring an additional 10,470 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors.
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.
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