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

by · The Cerbat Gem

Camden Property Trust (NYSE:CPT – Get Free Report) had its price objective reduced by research analysts at Mizuho from $115.00 to $114.00 in a research report issued to clients and investors on Monday, Marketbeat reports. The brokerage presently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s price target suggests a potential upside of 7.36% from the stock’s previous close.

Several other research analysts have also recently weighed in on CPT. Wells Fargo & Company reduced their price target on shares of Camden Property Trust from $112.00 to $111.00 and set an “equal weight” rating for the company in a report on Monday, October 13th. Wall Street Zen raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Truist Financial reduced their target price on shares of Camden Property Trust from $131.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, August 27th. The Goldman Sachs Group cut Camden Property Trust from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $118.00 to $106.00 in a report on Wednesday, September 17th. Finally, Bank of America dropped their price target on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Six research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $117.99.

Get Our Latest Analysis on Camden Property Trust

Camden Property Trust Trading Up 1.5%

NYSE CPT opened at $106.19 on Monday. Camden Property Trust has a one year low of $97.17 and a one year high of $127.65. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18. The firm has a market cap of $11.30 billion, a P/E ratio of 74.26, a P/E/G ratio of 3.31 and a beta of 0.81. The stock’s 50-day moving average is $103.51 and its 200-day moving average is $109.49.

Camden Property Trust (NYSE:CPT – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.02. The business had revenue of $398.24 million during the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.Camden Property Trust’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.71 EPS. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Sell-side analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Camden Property Trust

Several hedge funds have recently modified their holdings of CPT. Abich Financial Wealth Management LLC acquired a new stake in shares of Camden Property Trust in the third quarter valued at about $25,000. Quent Capital LLC bought a new position in Camden Property Trust in the third quarter valued at approximately $29,000. Loomis Sayles & Co. L P acquired a new position in shares of Camden Property Trust during the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. raised its stake in shares of Camden Property Trust by 524.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 236 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Camden Property Trust during the 2nd quarter worth approximately $32,000. Institutional investors own 97.22% of the company’s stock.

About Camden Property Trust

(Get Free Report)

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.

Featured Articles