Camden Property Trust (NYSE:CPT) Price Target Raised to $114.00

Camden Property Trust (NYSE:CPT) had its price target increased by JPMorgan Chase & Co. from $113.00 to $114.00 in a research report sent to investors on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the real estate investment trust’s stock.

CPT has been the topic of several other research reports. UBS Group lowered their target price on shares of Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $114.00 price target on shares of Camden Property Trust in a report on Monday, July 20th. Morgan Stanley reduced their price objective on shares of Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating for the company in a research report on Wednesday. Wells Fargo & Company lifted their price objective on Camden Property Trust from $107.00 to $113.00 and gave the company an “equal weight” rating in a report on Wednesday, July 22nd. Finally, Piper Sandler boosted 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. Four research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $116.20.

Camden Property Trust Price Performance

Camden Property Trust stock opened at $110.41 on Thursday. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $119.81. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.18. The business has a 50 day simple moving average of $112.89 and a 200-day simple moving average of $107.62. The stock has a market capitalization of $11.10 billion, a PE ratio of 36.56, a price-to-earnings-growth ratio of 8.38 and a beta of 0.77.

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

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were given a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust’s payout ratio is presently 140.40%.

Hedge Funds Weigh In On Camden Property Trust

A number of large investors have recently made changes to their positions in CPT. CYBER HORNET ETFs LLC purchased a new stake in Camden Property Trust during the second quarter worth about $32,000. Clearstead Advisors LLC increased its holdings in Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 138 shares in the last quarter. Fulcrum Asset Management LLP purchased a new position in Camden Property Trust in the third quarter valued at about $32,000. MUFG Securities EMEA plc acquired a new stake in shares of Camden Property Trust during the 2nd quarter valued at approximately $35,000. Finally, Prosperity Bancshares Inc acquired a new stake in shares of Camden Property Trust during the 4th quarter valued at approximately $42,000. Hedge funds and other institutional investors 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.