Camden Property Trust (NYSE:CPT) Stock Gets Price Target Trim from Royal Bank Of Canada

Camden Property Trust (NYSE:CPT) had its price target trimmed by Royal Bank Of Canada from $111.00 to $101.00 in a research report report published on Tuesday morning,Benzinga reports. The brokerage currently has a sector perform rating on the real estate investment trust’s stock.

Several other research analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of Camden Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. UBS Group reaffirmed a “neutral” rating and set a $105.00 price target (down from $106.00) on shares of Camden Property Trust in a research note on Tuesday, September 15th. Piper Sandler cut their price objective on shares of Camden Property Trust from $119.00 to $102.00 and set a “neutral” rating on the stock in a report on Monday. Wall Street Zen upgraded shares of Camden Property Trust from a “strong sell” rating to a “sell” rating in a report on Saturday, September 19th. Finally, Barclays upped their price objective on shares of Camden Property Trust from $122.00 to $123.00 and gave the company an “equal weight” rating in a research report on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Camden Property Trust presently has an average rating of “Hold” and a consensus price target of $112.08.

Camden Property Trust Price Performance

CPT stock opened at $98.15 on Tuesday. The firm has a market cap of $9.87 billion, a P/E ratio of 14.22, a price-to-earnings-growth ratio of 7.24 and a beta of 0.79. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a 1 year low of $95.30 and a 1 year high of $119.81. The stock has a 50-day simple moving average of $102.91 and a 200-day simple moving average of $106.52.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49). The company had revenue of $396.07 million for the quarter, compared to analyst estimates 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 firm posted $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 analysts predict that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Wednesday, September 30th will be paid a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Wednesday, September 30th. Camden Property Trust’s payout ratio is 140.40%.

Institutional Investors Weigh In On Camden Property Trust

A number of institutional investors have recently modified their holdings of the stock. V Square Quantitative Management LLC lifted its holdings in Camden Property Trust by 28.1% during the 3rd quarter. V Square Quantitative Management LLC now owns 3,662 shares of the real estate investment trust’s stock worth $354,000 after buying an additional 804 shares during the last quarter. State of Alaska Department of Revenue grew its position in shares of Camden Property Trust by 945.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 616,861 shares of the real estate investment trust’s stock worth $59,669,000 after acquiring an additional 557,850 shares in the last quarter. TT Capital Management LLC increased its holdings in shares of Camden Property Trust by 83.3% in the 3rd quarter. TT Capital Management LLC now owns 23,456 shares of the real estate investment trust’s stock valued at $2,269,000 after acquiring an additional 10,662 shares during the last quarter. Mather Group LLC. raised its position in shares of Camden Property Trust by 2,961.5% during the 3rd quarter. Mather Group LLC. now owns 12,338 shares of the real estate investment trust’s stock valued at $1,193,000 after acquiring an additional 11,935 shares in the last quarter. Finally, First Citizens Bank & Trust Co. bought a new position in Camden Property Trust during the third quarter worth $846,000. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Company Profile

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides residential rental housing and related property-management services, with properties designed to serve a range of residents in major metropolitan areas.

Camden focuses primarily on high-growth markets in the Sun Belt, including communities in Texas, Florida, Georgia, North Carolina, Colorado, Arizona, Nevada, and Tennessee.