Analysts Set Camden Property Trust (NYSE:CPT) Price Target at $116.27

Shares of Camden Property Trust (NYSE:CPTGet Free Report) have been given a consensus recommendation of “Hold” by the seventeen brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have 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 analysts that have covered the stock in the last year is $116.0781.

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley cut their target price on shares of 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. Evercore set a $114.00 target price on shares of Camden Property Trust in a research note on Friday, August 7th. UBS Group decreased their price target on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Jefferies Financial Group upgraded shares of Camden Property Trust to a “hold” rating in a report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $114.00 target price on shares of Camden Property Trust in a report on Monday, July 20th.

Read Our Latest Research Report on CPT

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CPT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Camden Property Trust by 1.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock valued at $2,257,000 after purchasing an additional 336 shares in the last quarter. Focus Partners Wealth raised its stake in Camden Property Trust by 2.4% during the 1st quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 175 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in Camden Property Trust by 4.8% in the 2nd quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust’s stock valued at $518,000 after purchasing an additional 210 shares during the period. Walleye Capital LLC acquired a new stake in Camden Property Trust in the 2nd quarter worth $219,000. Finally, Federated Hermes Inc. grew its position in Camden Property Trust by 265.0% during the second quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust’s stock worth $554,000 after buying an additional 3,570 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Price Performance

CPT opened at $105.75 on Monday. The company has a 50 day moving average of $111.26 and a two-hundred day moving average of $107.49. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 1.25. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $119.81. The company has a market cap of $10.63 billion, a P/E ratio of 35.02, a P/E/G ratio of 7.49 and a beta of 0.77.

Camden Property Trust (NYSE:CPTGet Free Report) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.49). The company had revenue of $396.07 million during the quarter, compared to analyst estimates of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company 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, analysts expect that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid a $1.06 dividend. 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 is currently 140.40%.

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.

Further Reading

Analyst Recommendations for Camden Property Trust (NYSE:CPT)

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