Camden Property Trust (NYSE:CPT) Reaches New 12-Month High Following Analyst Upgrade

Camden Property Trust (NYSE:CPT) shares hit a new 52-week high during mid-day trading on Monday after Jefferies Financial Group upgraded the stock to a strong-buy rating. The stock traded as high as $116.75 and last traded at $116.6490, with a volume of 745518 shares changing hands. The stock had previously closed at $116.31.

Several other analysts have also recently weighed in on CPT. Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a report on Monday, April 20th. Barclays lifted their price target on shares of Camden Property Trust from $115.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Morgan Stanley boosted 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. Stifel Nicolaus set a $118.75 price objective on shares of Camden Property Trust in a report on Friday, May 1st. Finally, Wall Street Zen cut shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $114.67.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CPT. Waterfall Asset Management LLC acquired a new position in shares of Camden Property Trust in the 3rd quarter valued at $3,257,000. American Century Companies Inc. grew its stake in Camden Property Trust by 21.2% in the third quarter. American Century Companies Inc. now owns 195,488 shares of the real estate investment trust’s stock valued at $20,874,000 after acquiring an additional 34,204 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Camden Property Trust by 4.2% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 293,950 shares of the real estate investment trust’s stock valued at $31,388,000 after acquiring an additional 11,809 shares during the period. New Age Alpha Advisors LLC bought a new stake in shares of Camden Property Trust in the third quarter worth about $2,345,000. Finally, Teacher Retirement System of Texas increased its holdings in shares of Camden Property Trust by 517.9% in the fourth quarter. Teacher Retirement System of Texas now owns 267,847 shares of the real estate investment trust’s stock worth $29,485,000 after acquiring an additional 224,501 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

The company has a market cap of $11.73 billion, a price-to-earnings ratio of 32.58, a price-to-earnings-growth ratio of 8.97 and a beta of 0.80. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. The stock has a 50-day moving average price of $107.50 and a 200 day moving average price of $106.34.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The business had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. During the same quarter in the previous year, the business posted $1.72 EPS. Camden Property Trust’s revenue for the quarter was down .5% on a year-over-year basis. 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. As a group, analysts anticipate that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th will be paid a $1.06 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a yield of 3.6%. Camden Property Trust’s payout ratio is presently 118.44%.

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.