Camden Property Trust (NYSE:CPT) Stock Rated “Hold” by Sell-Side Analysts
by Mitch Edgeman · The Markets DailyCamden Property Trust (NYSE:CPT – Get Free Report) has earned a consensus rating of “Hold” from the sixteen analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $115.35.
CPT has been the topic of a number of research reports. Piper Sandler boosted their target price on shares of Camden Property Trust from $108.00 to $119.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. UBS Group restated a “neutral” rating and issued a $105.00 price target (down from $106.00) on shares of Camden Property Trust in a report on Tuesday, September 15th. Weiss Ratings raised shares of Camden Property Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Mizuho dropped their price objective on shares of Camden Property Trust from $125.00 to $116.00 and set an “outperform” rating on the stock in a report on Tuesday, September 8th. Finally, Morgan Stanley reduced their target price on Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th.
Get Our Latest Stock Report on Camden Property Trust
Camden Property Trust Stock Down 0.3%
Shares of Camden Property Trust stock opened at $97.40 on Friday. Camden Property Trust has a one year low of $96.53 and a one year 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 stock’s 50-day moving average is $107.49 and its 200 day moving average is $106.80. The firm has a market cap of $9.79 billion, a price-to-earnings ratio of 32.25, a PEG ratio of 7.04 and a beta of 0.77.
Camden Property Trust (NYSE:CPT – Get Free Report) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The business had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. During the same quarter in the previous year, the firm posted $1.70 earnings per share. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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 research analysts anticipate that Camden Property Trust will post 6.75 EPS for the current year.
Camden Property Trust Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th will be issued a $1.06 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $4.24 annualized dividend and a yield of 4.4%. Camden Property Trust’s dividend payout ratio is presently 140.40%.
Institutional Investors Weigh In On Camden Property Trust
Several hedge funds and other institutional investors have recently modified their holdings of the company. Centersquare Investment Management LLC grew its position in Camden Property Trust by 3.6% in the 4th quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock valued at $311,373,000 after purchasing an additional 98,130 shares during the period. Goldman Sachs Group Inc. raised its holdings in Camden Property Trust by 64.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock worth $232,698,000 after buying an additional 825,769 shares during the last quarter. Maverick Capital Ltd. lifted its stake in shares of Camden Property Trust by 1.6% in the first quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock valued at $182,416,000 after buying an additional 30,076 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Camden Property Trust by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock valued at $156,128,000 after buying an additional 37,456 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Camden Property Trust during the fourth quarter valued at about $154,587,000. Institutional investors own 97.22% of the company’s stock.
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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