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

Wall Street Zen cut shares of Camden Property Trust (NYSE:CPT) from a sell rating to a strong sell rating in a research note released on Saturday morning.

Other equities research analysts also recently issued research reports about the stock. Jefferies Financial Group upgraded shares of Camden Property Trust to a “hold” rating in a research note on Wednesday, July 22nd. Truist Financial increased their price objective on shares of Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $114.00 price objective on shares of Camden Property Trust in a report on Monday, July 20th. Wells Fargo & Company lifted their target price on shares of 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. Finally, Cantor Fitzgerald upped their target price on shares of Camden Property Trust from $102.00 to $111.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $117.25.

Camden Property Trust Price Performance

Shares of CPT stock opened at $108.96 on Friday. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $119.81. The company has a market capitalization of $10.95 billion, a P/E ratio of 36.08, a P/E/G ratio of 8.51 and a beta of 0.77. The stock has a 50 day moving average of $112.93 and a two-hundred day moving average of $107.57. 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 (NYSE:CPT) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). The firm had revenue of $396.07 million for the quarter, compared to the consensus estimate of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior 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. As a group, equities analysts expect that Camden Property Trust will post 6.74 EPS for the current year.

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were given a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is 140.40%.

Institutional Investors Weigh In On Camden Property Trust

Several institutional investors and hedge funds have recently made changes to their positions in the company. Clearstead Advisors LLC lifted its holdings in Camden Property Trust by 92.0% during the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 138 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in Camden Property Trust during the second quarter worth about $32,000. Fulcrum Asset Management LLP bought a new stake in Camden Property Trust during the third quarter worth about $32,000. MUFG Securities EMEA plc bought a new stake in Camden Property Trust during the second quarter worth about $35,000. Finally, Summit Securities Group LLC increased its holdings in shares of Camden Property Trust by 169.6% during the first quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 268 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

About Camden Property Trust

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.