Camden Property Trust (NYSE:CPT) Rating Increased to Hold at Wall Street Zen

Camden Property Trust (NYSE:CPT) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Several other research analysts have also recently commented on CPT. Wells Fargo & Company boosted their price target on Camden Property Trust from $106.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Mizuho boosted their price target on Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday. UBS Group cut their price target on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research note on Monday, April 20th. Finally, Barclays boosted their price target on Camden Property Trust from $115.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Camden Property Trust currently has an average rating of “Hold” and a consensus target price of $114.05.

Camden Property Trust Price Performance

CPT stock opened at $114.92 on Friday. The stock has a 50-day moving average price of $105.48 and a two-hundred day moving average price of $105.90. Camden Property Trust has a 12-month low of $96.53 and a 12-month high of $118.27. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. The company has a market cap of $11.55 billion, a PE ratio of 32.10, a price-to-earnings-growth ratio of 8.52 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. The company had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The firm’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.72 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. As a group, research analysts predict that Camden Property Trust will post 6.75 EPS for the current year.

Hedge Funds Weigh In On Camden Property Trust

A number of hedge funds have recently added to or reduced their stakes in CPT. Waterfall Asset Management LLC acquired a new stake in shares of Camden Property Trust during the third quarter worth $3,257,000. American Century Companies Inc. raised its holdings in shares of Camden Property Trust by 21.2% during the third quarter. American Century Companies Inc. now owns 195,488 shares of the real estate investment trust’s stock worth $20,874,000 after purchasing an additional 34,204 shares during the period. Centersquare Investment Management LLC raised its holdings in shares of Camden Property Trust by 1.4% during the third quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock worth $291,560,000 after purchasing an additional 38,897 shares during the period. Caprock Group LLC acquired a new stake in shares of Camden Property Trust during the third quarter worth $1,810,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Camden Property Trust by 4.2% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 293,950 shares of the real estate investment trust’s stock worth $31,388,000 after purchasing an additional 11,809 shares during the period. Institutional investors and hedge funds 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.