Camden Property Trust (NYSE:CPT) Rating Lowered to Strong Sell at Wall Street Zen

Camden Property Trust (NYSE:CPT) was downgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued to investors on Saturday.

Other equities analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $114.00 price objective on shares of Camden Property Trust in a research report on Monday, July 20th. UBS Group reduced their target price 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. Weiss Ratings raised Camden Property Trust from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. Evercore set a $114.00 price target on Camden Property Trust in a report on Friday. Finally, Wells Fargo & Company upped their price target on Camden Property Trust from $107.00 to $113.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 22nd. 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $117.25.

Camden Property Trust Stock Performance

Shares of CPT opened at $111.86 on Friday. Camden Property Trust has a one year low of $96.53 and a one year high of $119.81. The company has a 50-day moving average of $112.88 and a two-hundred day moving average of $107.56. The stock has a market cap of $11.25 billion, a price-to-earnings ratio of 37.04, a PEG ratio of 8.51 and a beta of 0.77. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.18.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.49). The firm had revenue of $396.07 million during the quarter, compared to analysts’ expectations of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The business’s revenue was up 7.4% on a year-over-year basis. During the same period last year, the business earned $1.70 earnings per share. 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. On average, equities research analysts expect that Camden Property Trust will post 6.74 earnings per share for the current year.

Institutional Trading of Camden Property Trust

Hedge funds and other institutional investors have recently modified their holdings of the company. Maverick Capital Ltd. purchased a new position in Camden Property Trust in the fourth quarter valued at about $202,304,000. Norges Bank purchased a new stake in shares of Camden Property Trust during the 4th quarter worth about $154,587,000. Viking Global Investors LP lifted its holdings in shares of Camden Property Trust by 41.6% during the 3rd quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after buying an additional 1,130,718 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Camden Property Trust by 38.4% during the 4th quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock valued at $380,035,000 after buying an additional 957,896 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Camden Property Trust by 64.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after buying an additional 825,769 shares during the last quarter. 97.22% of the stock is currently owned by hedge funds and other 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.