Shares of Camden Property Trust (NYSE:CPT – Get Free Report) have been given an average recommendation of “Hold” by the sixteen research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $111.62.
A number of brokerages have recently weighed in on CPT. Cantor Fitzgerald lifted their price target on Camden Property Trust from $102.00 to $111.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Scotiabank reduced their price objective on Camden Property Trust from $109.00 to $102.00 and set a “sector underperform” rating for the company in a research note on Thursday, September 17th. Weiss Ratings downgraded Camden Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. Truist Financial decreased their price objective on Camden Property Trust from $123.00 to $108.00 and set a “buy” rating for the company in a research report on Friday, September 25th. Finally, Royal Bank Of Canada dropped their target price on Camden Property Trust from $111.00 to $101.00 and set a “sector perform” rating on the stock in a report on Tuesday, October 13th.
Read Our Latest Stock Analysis on CPT
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Maverick Capital Ltd. lifted its position in Camden Property Trust by 1.6% in the 1st quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock worth $182,416,000 after buying an additional 30,076 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Camden Property Trust by 2.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock valued at $156,128,000 after buying an additional 37,456 shares during the period. Jennison Associates LLC grew its holdings in shares of Camden Property Trust by 100.2% during the 1st quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock valued at $117,861,000 after acquiring an additional 603,997 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Camden Property Trust by 945.3% during the 3rd quarter. State of Alaska Department of Revenue now owns 616,861 shares of the real estate investment trust’s stock valued at $59,669,000 after acquiring an additional 557,850 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in shares of Camden Property Trust by 3.4% during the 4th quarter. Hsbc Holdings PLC now owns 523,824 shares of the real estate investment trust’s stock valued at $57,722,000 after acquiring an additional 17,270 shares in the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.
Camden Property Trust Trading Down 0.7%
NYSE CPT opened at $97.90 on Tuesday. Camden Property Trust has a twelve month low of $95.30 and a twelve month high of $119.81. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. The stock has a market cap of $9.84 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 7.34 and a beta of 0.79. The firm’s 50 day moving average price is $102.43 and its two-hundred day moving average price is $106.53.
Camden Property Trust (NYSE:CPT – Get Free Report) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). The business had revenue of $396.07 million during the quarter, compared to analysts’ expectations of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. Camden Property Trust’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.70 EPS. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. Equities analysts anticipate that Camden Property Trust will post 6.75 EPS for the current year.
Camden Property Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were issued a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Wednesday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is currently 140.40%.
Camden Property Trust Company Profile
Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.
Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company’s in-house property management platform.
Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.
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