Camden Property Trust (NYSE:CPT) Receives $123.27 Average PT from Analysts

Camden Property Trust (NYSE:CPT) has been given an average rating of “Hold” by the fifteen analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $122.25.

Several research analysts have issued reports on CPT shares. Evercore ISI raised their price target on shares of Camden Property Trust from $114.00 to $116.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Wall Street Zen upgraded shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Barclays lowered their price objective on shares of Camden Property Trust from $137.00 to $128.00 and set an “overweight” rating for the company in a research note on Tuesday, August 12th. Piper Sandler lowered their price objective on shares of Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating for the company in a research note on Monday, August 4th. Finally, Scotiabank lowered their price objective on shares of Camden Property Trust from $136.00 to $133.00 and set a “sector perform” rating for the company in a research note on Thursday, August 14th.

Institutional Trading of Camden Property Trust

Several hedge funds have recently modified their holdings of CPT. Loomis Sayles & Co. L P acquired a new stake in Camden Property Trust in the 2nd quarter valued at $32,000. CYBER HORNET ETFs LLC acquired a new stake in Camden Property Trust in the 2nd quarter valued at $32,000. MUFG Securities EMEA plc acquired a new stake in Camden Property Trust in the 2nd quarter valued at $35,000. IFP Advisors Inc grew its position in Camden Property Trust by 45.7% in the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 101 shares during the period. Finally, Cape Investment Advisory Inc. acquired a new stake in Camden Property Trust in the 1st quarter valued at $37,000. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Up 0.7%

Camden Property Trust stock opened at $108.07 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a 52-week low of $102.35 and a 52-week high of $127.69. The firm has a 50 day moving average price of $109.77 and a two-hundred day moving average price of $113.77. The firm has a market cap of $11.55 billion, a price-to-earnings ratio of 75.57, a PEG ratio of 3.66 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.01. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The firm had revenue of $396.51 million during the quarter, compared to analyst estimates of $393.24 million. During the same quarter last year, the business earned $1.71 EPS. The company’s revenue was up 2.4% compared to the same quarter last year. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Equities analysts predict that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be paid a $1.05 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 3.9%. Camden Property Trust’s payout ratio is currently 293.71%.

About Camden Property Trust

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.