Camden Property Trust (NYSE:CPT) Cut to “Equal Weight” at Barclays

Barclays cut shares of Camden Property Trust (NYSE:CPT) from an overweight rating to an equal weight rating in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports. The brokerage currently has $118.00 price objective on the real estate investment trust’s stock, down from their prior price objective of $127.00.

Several other equities research analysts have also recently weighed in on the company. Truist Financial decreased their target price on 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. Morgan Stanley reduced their price target on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. Scotiabank dropped their price objective on shares of Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 4th. Bank of America lowered their target price on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Finally, Wall Street Zen raised Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Six equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $117.99.

Camden Property Trust Trading Down 0.0%

CPT stock opened at $106.16 on Tuesday. The business’s 50-day moving average is $103.48 and its 200 day moving average is $109.45. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. The stock has a market cap of $11.30 billion, a price-to-earnings ratio of 74.24, a PEG ratio of 3.31 and a beta of 0.81. Camden Property Trust has a 12-month low of $97.17 and a 12-month high of $127.65.

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

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were given a $1.05 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $4.20 annualized dividend and a yield of 4.0%. Camden Property Trust’s payout ratio is 170.04%.

Institutional Inflows and Outflows

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

Camden Property Trust Company Profile

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.