Camden Property Trust (NYSE:CPT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Camden Property Trust (NYSE:CPT) have been assigned a consensus recommendation of “Hold” from the seventeen research firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $114.0469.

Several equities analysts have commented on the company. UBS Group dropped their target price on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Mizuho increased their target price on Camden Property Trust from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. Barclays increased their target price on Camden Property Trust from $115.00 to $116.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Truist Financial increased their target price on Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. Finally, Wells Fargo & Company increased their target price on Camden Property Trust from $106.00 to $107.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st.

Institutional Investors Weigh In On Camden Property Trust

Several institutional investors and hedge funds have recently made changes to their positions in CPT. Maverick Capital Ltd. acquired a new stake in shares of Camden Property Trust in the fourth quarter valued at about $202,304,000. Norges Bank acquired a new stake in shares of Camden Property Trust in the fourth quarter valued at about $154,587,000. Viking Global Investors LP increased its stake in shares of Camden Property Trust by 41.6% in the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after buying an additional 1,130,718 shares during the period. Invesco Ltd. increased its stake in shares of Camden Property Trust by 38.4% in the fourth quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock valued at $380,035,000 after buying an additional 957,896 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Camden Property Trust by 64.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after buying an additional 825,769 shares during the period. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Price Performance

Camden Property Trust stock opened at $112.30 on Wednesday. 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 capitalization of $11.29 billion, a PE ratio of 31.37, a P/E/G ratio of 8.58 and a beta of 0.80. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $117.50. The stock has a 50-day moving average price of $105.96 and a two-hundred day moving average price of $106.01.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.28 by $0.12. The firm had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The business’s quarterly revenue was down .5% on a year-over-year basis. During the same period last year, the company earned $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. Analysts expect that Camden Property Trust will post 6.65 EPS for the current year.

Camden Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be paid a $1.06 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $4.24 annualized dividend and a dividend yield of 3.8%. Camden Property Trust’s dividend payout ratio is presently 118.44%.

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.