Camden Property Trust (NYSE:CPT) Receives Consensus Recommendation of “Hold” from Brokerages

Camden Property Trust (NYSE:CPT) has been assigned a consensus recommendation of “Hold” from the sixteen analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $114.35.

A number of research firms recently weighed in on CPT. Morgan Stanley dropped their price target on Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 12th. Wall Street Zen raised Camden Property Trust from a “strong sell” rating to a “sell” rating in a research note on Saturday, September 19th. Stifel Nicolaus set a $123.25 price objective on Camden Property Trust in a report on Friday, July 31st. Piper Sandler upped their target price on Camden Property Trust from $108.00 to $119.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Finally, Wells Fargo & Company cut their target price on Camden Property Trust from $113.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st.

Institutional Investors Weigh In On Camden Property Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. boosted its stake in Camden Property Trust by 31.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,549 shares of the real estate investment trust’s stock valued at $750,000 after purchasing an additional 1,570 shares during the last quarter. Engineers Gate Manager LP raised its stake in shares of Camden Property Trust by 30.7% in the second quarter. Engineers Gate Manager LP now owns 14,519 shares of the real estate investment trust’s stock worth $1,662,000 after purchasing an additional 3,414 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Camden Property Trust in the second quarter valued at approximately $55,000. Squarepoint Ops LLC lifted its holdings in shares of Camden Property Trust by 3,804.2% in the second quarter. Squarepoint Ops LLC now owns 107,327 shares of the real estate investment trust’s stock valued at $12,288,000 after purchasing an additional 104,578 shares in the last quarter. Finally, CORDA Investment Management LLC. boosted its position in shares of Camden Property Trust by 1.6% during the second quarter. CORDA Investment Management LLC. now owns 433,749 shares of the real estate investment trust’s stock valued at $49,660,000 after buying an additional 6,836 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Price Performance

CPT stock opened at $96.63 on Friday. The firm has a market cap of $9.72 billion, a price-to-earnings ratio of 32.00, a PEG ratio of 7.20 and a beta of 0.79. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 1.25. The company’s fifty day simple moving average is $106.00 and its 200 day simple moving average is $106.63. Camden Property Trust has a 12-month low of $95.63 and a 12-month high of $119.81.

Camden Property Trust (NYSE:CPT) last announced its 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). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The business had revenue of $396.07 million for the quarter, compared to the consensus estimate of $392.88 million. During the same quarter in the previous year, the company earned $1.70 EPS. The firm’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. On average, analysts expect that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders 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 4.4%. The ex-dividend date of this dividend is Wednesday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is 140.40%.

About Camden Property Trust

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.