Camden Property Trust (NYSE:CPT – Get Free Report) was upgraded by UBS Group to a “hold” rating in a report released on Tuesday, Zacks reports.
A number of other brokerages also recently issued reports on CPT. Cantor Fitzgerald upped their price target on Camden Property Trust from $102.00 to $111.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Weiss Ratings raised Camden Property Trust from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. Mizuho lowered their target price on shares of Camden Property Trust from $125.00 to $116.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 8th. Jefferies Financial Group raised shares of Camden Property Trust to a “hold” rating in a report on Wednesday, July 22nd. Finally, Wall Street Zen lowered shares of Camden Property Trust from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Three investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Camden Property Trust presently has an average rating of “Hold” and an average price target of $116.08.
Read Our Latest Analysis on CPT
Camden Property Trust Stock Down 1.4%
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 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 analysts’ expectations of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.70 EPS. 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 anticipate that Camden Property Trust will post 6.75 EPS for the current fiscal year.
Institutional Investors Weigh In On Camden Property Trust
Large investors have recently made changes to their positions in the company. New Mexico Educational Retirement Board increased its position in Camden Property Trust by 2.1% during the fourth quarter. New Mexico Educational Retirement Board now owns 4,900 shares of the real estate investment trust’s stock worth $539,000 after buying an additional 100 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Camden Property Trust by 38.1% in the fourth quarter. Hantz Financial Services Inc. now owns 388 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 107 shares in the last quarter. Lido Advisors LLC lifted its position in shares of Camden Property Trust by 4.5% in the first quarter. Lido Advisors LLC now owns 2,904 shares of the real estate investment trust’s stock valued at $286,000 after acquiring an additional 124 shares in the last quarter. IFM Investors Pty Ltd boosted its stake in shares of Camden Property Trust by 0.8% during the first quarter. IFM Investors Pty Ltd now owns 17,312 shares of the real estate investment trust’s stock valued at $1,691,000 after acquiring an additional 132 shares during the last quarter. Finally, Clearstead Advisors LLC increased its position 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 worth $32,000 after purchasing an additional 138 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors.
Camden Property Trust Company Profile
Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages apartment communities. Its portfolio is focused primarily on multifamily housing, with properties offering a range of apartment floor plans and amenities designed for renters in urban and suburban markets.
The company serves residents across several major metropolitan areas in the U.S. Sun Belt, including markets in Texas, Colorado, Arizona, California, Georgia, North Carolina, Florida, and Tennessee.
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