Camden Property Trust (NYSE:CPT) Upgraded by Jefferies Financial Group to Hold Rating

Jefferies Financial Group upgraded shares of Camden Property Trust (NYSE:CPTFree Report) to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

A number of other research firms have also recently commented on CPT. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $114.00 target price on shares of Camden Property Trust in a research note on Monday. Royal Bank Of Canada upped their price target on Camden Property Trust from $104.00 to $105.00 and gave the stock a “sector perform” rating in a research note on Monday, May 4th. UBS Group decreased their price objective on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Morgan Stanley raised their price objective on Camden Property Trust from $117.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. Finally, Piper Sandler boosted their target price on shares of Camden Property Trust from $108.00 to $119.00 and gave the company a “neutral” rating in a report on Tuesday. Five research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $116.40.

Check Out Our Latest Report on CPT

Camden Property Trust Price Performance

CPT stock opened at $111.97 on Wednesday. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The company has a market cap of $11.26 billion, a P/E ratio of 31.28, a PEG ratio of 8.64 and a beta of 0.78. The firm has a 50-day moving average of $111.34 and a 200 day moving average of $107.25. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42.

Camden Property Trust (NYSE:CPTGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, topping the consensus estimate of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The business had revenue of $390.92 million during the quarter, compared to analyst estimates of $378.11 million. During the same period last year, the business posted $1.72 earnings per share. Camden Property Trust’s quarterly revenue was down .5% compared to the same quarter last year. 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, sell-side analysts forecast that Camden Property Trust will post 6.65 EPS for the current year.

Camden Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were issued a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio (DPR) is presently 118.44%.

Institutional Trading of Camden Property Trust

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Camden Property Trust by 1.9% in 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 acquiring an additional 336 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of Camden Property Trust by 2.4% during the first 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 in the last quarter. Baird Financial Group Inc. increased its holdings in shares of Camden Property Trust by 4.8% during the second quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust’s stock valued at $518,000 after acquiring an additional 210 shares in the last quarter. Walleye Capital LLC purchased a new position in shares of Camden Property Trust in the 2nd quarter worth about $219,000. Finally, Federated Hermes Inc. boosted 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 worth $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.

About Camden Property Trust

(Get Free Report)

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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Analyst Recommendations for Camden Property Trust (NYSE:CPT)

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