Camden Property Trust (NYSE:CPT) Receives Average Recommendation of “Hold” from Analysts

Camden Property Trust (NYSE:CPTGet Free Report) has been given a consensus rating of “Hold” by the seventeen brokerages that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $116.2656.

CPT has been the subject of several recent research reports. Royal Bank Of Canada boosted their price target on Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research note on Monday, May 4th. Piper Sandler lifted their target price on shares of Camden Property Trust from $108.00 to $119.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Cantor Fitzgerald increased their price target on shares of Camden Property Trust from $102.00 to $111.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Stifel Nicolaus set a $123.25 price target on shares of Camden Property Trust in a report on Friday, July 31st. Finally, Barclays raised their price target on shares of Camden Property Trust from $122.00 to $123.00 and gave the company an “equal weight” rating in a report on Monday, August 17th.

View Our Latest Analysis on Camden Property Trust

Camden Property Trust Price Performance

CPT opened at $106.34 on Monday. The stock has a fifty day moving average price of $111.90 and a 200 day moving average price of $107.61. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The stock has a market cap of $10.69 billion, a price-to-earnings ratio of 35.21, a PEG ratio of 7.54 and a beta of 0.77.

Camden Property Trust (NYSE:CPTGet Free Report) last issued 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). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The firm had revenue of $396.07 million during the quarter, compared to analyst estimates of $392.88 million. During the same period in the previous year, the company earned $1.70 earnings per share. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. 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. Analysts forecast that Camden Property Trust will post 6.75 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were issued a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 4.0%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio (DPR) is 140.40%.

Institutional Trading of Camden Property Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Ancora Advisors LLC lifted its position in Camden Property Trust by 281.1% during the 2nd quarter. Ancora Advisors LLC now owns 52,595 shares of the real estate investment trust’s stock worth $558,000 after acquiring an additional 38,795 shares during the last quarter. Jennison Associates LLC grew its position in shares of Camden Property Trust by 100.2% in the first quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock valued at $117,861,000 after purchasing an additional 603,997 shares during the last quarter. M&T Bank Corp increased its stake in shares of Camden Property Trust by 120.5% in the fourth quarter. M&T Bank Corp now owns 19,068 shares of the real estate investment trust’s stock worth $2,100,000 after purchasing an additional 10,420 shares during the period. CORDA Investment Management LLC. lifted its position in shares of Camden Property Trust by 90.8% during the 1st quarter. CORDA Investment Management LLC. now owns 426,913 shares of the real estate investment trust’s stock worth $41,692,000 after purchasing an additional 203,131 shares during the last quarter. Finally, Empyrean Capital Partners LP acquired a new position in shares of Camden Property Trust during the 1st quarter worth about $9,180,000. Institutional investors and hedge funds 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.

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Analyst Recommendations for Camden Property Trust (NYSE:CPT)

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