Camden Property Trust (NYSE:CPT) Raised to Neutral at JPMorgan Chase & Co.

Camden Property Trust (NYSE:CPT) was upgraded by investment analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a note issued to investors on Thursday,Benzinga reports. The firm currently has a $116.00 target price on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 7.70% from the company’s current price.

CPT has been the topic of a number of other research reports. Mizuho dropped their price target on Camden Property Trust from $115.00 to $114.00 and set an “outperform” rating on the stock in a research note on Monday, November 24th. The Goldman Sachs Group downgraded shares of Camden Property Trust from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $118.00 to $106.00 in a research report on Wednesday, September 17th. Truist Financial reduced their target price on shares of Camden Property Trust from $123.00 to $116.00 and set a “buy” rating for the company in a report on Monday. Evercore ISI lowered their price target on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a report on Monday, November 3rd. Finally, Bank of America reduced their price objective on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $116.81.

Camden Property Trust Price Performance

Shares of NYSE CPT opened at $107.71 on Thursday. The stock’s 50-day simple moving average is $103.18 and its 200-day simple moving average is $108.24. The firm has a market capitalization of $11.46 billion, a PE ratio of 43.61, a price-to-earnings-growth ratio of 3.50 and a beta of 0.82. Camden Property Trust has a fifty-two week low of $97.17 and a fifty-two week high of $126.55. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.13 and a current ratio of 0.13.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.02. The business had revenue of $398.24 million during the quarter, compared to the consensus estimate of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. The company’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.71 EPS. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. As a group, equities research analysts forecast that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Abich Financial Wealth Management LLC acquired a new stake in shares of Camden Property Trust in the third quarter valued at approximately $25,000. Quent Capital LLC acquired a new position in Camden Property Trust in the third quarter valued at $29,000. Hantz Financial Services Inc. grew its holdings in shares of Camden Property Trust by 524.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 236 shares during the period. Loomis Sayles & Co. L P acquired a new stake in Camden Property Trust during the 2nd quarter worth approximately $32,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in Camden Property Trust during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Company Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.