Jefferies Financial Group Upgrades Camden Property Trust (NYSE:CPT) to “Strong-Buy”

Camden Property Trust (NYSE:CPTGet Free Report) was upgraded by equities researchers at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Friday,Zacks.com reports.

Several other research firms also recently issued reports on CPT. Morgan Stanley lifted their price target on shares of Camden Property Trust from $117.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday. Evercore set a $113.00 price objective on shares of Camden Property Trust in a research report on Monday, June 8th. Mizuho raised their target price on Camden Property Trust from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. Wells Fargo & Company lifted their target price on Camden Property Trust from $106.00 to $107.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Finally, Royal Bank Of Canada increased their price target on Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $114.67.

Get Our Latest Stock Report on Camden Property Trust

Camden Property Trust Price Performance

Shares of NYSE CPT opened at $116.27 on Friday. 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 has a 1-year low of $96.53 and a 1-year high of $116.59. The company has a market capitalization of $11.69 billion, a price-to-earnings ratio of 32.48, a PEG ratio of 8.58 and a beta of 0.80. The business has a 50-day moving average of $107.50 and a 200-day moving average of $106.31.

Camden Property Trust (NYSE:CPTGet Free Report) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.28 by $0.12. The business had revenue of $390.92 million for the quarter, compared to the consensus estimate of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company’s revenue was down .5% on a year-over-year basis. During the same period last year, the business posted $1.72 EPS. 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, equities analysts anticipate that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Hedge Funds Weigh In On Camden Property Trust

Several institutional investors have recently modified their holdings of CPT. Legacy Wealth Asset Management LLC increased its holdings in shares of Camden Property Trust by 1.6% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 6,074 shares of the real estate investment trust’s stock worth $669,000 after acquiring an additional 93 shares during the period. New Mexico Educational Retirement Board boosted its stake in Camden Property Trust by 2.1% during the 4th quarter. New Mexico Educational Retirement Board now owns 4,900 shares of the real estate investment trust’s stock valued at $539,000 after purchasing an additional 100 shares during the period. Hantz Financial Services Inc. grew its position in Camden Property Trust by 38.1% in the 4th quarter. Hantz Financial Services Inc. now owns 388 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 107 shares during the last quarter. Norinchukin Bank The increased its stake in shares of Camden Property Trust by 1.0% in the third quarter. Norinchukin Bank The now owns 11,178 shares of the real estate investment trust’s stock valued at $1,194,000 after purchasing an additional 107 shares during the period. Finally, Concurrent Investment Advisors LLC increased its stake in shares of Camden Property Trust by 5.6% in the fourth quarter. Concurrent Investment Advisors LLC now owns 2,157 shares of the real estate investment trust’s stock valued at $237,000 after purchasing an additional 114 shares during the period. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Company Profile

(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.

Further Reading

Analyst Recommendations for Camden Property Trust (NYSE:CPT)

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