Camden Property Trust (NYSE:CPT) Receives $115.11 Consensus Target Price from Analysts

Shares of Camden Property Trust (NYSE:CPT) have been assigned an average rating of “Hold” from the eighteen ratings firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $115.4844.

A number of equities analysts have weighed in on CPT shares. Royal Bank Of Canada upped their price target on Camden Property Trust from $104.00 to $105.00 and gave the stock a “sector perform” rating in a research report on Monday, May 4th. Barclays lifted their price objective on shares of Camden Property Trust from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Tuesday. Evercore set a $113.00 price objective on shares of Camden Property Trust in a research report on Monday, June 8th. Truist Financial increased their target price on shares of Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Finally, Scotiabank raised their target price on shares of Camden Property Trust from $102.00 to $109.00 and gave the company a “sector underperform” rating in a research report on Thursday, July 9th.

Institutional Trading of Camden Property Trust

A number of hedge funds and other institutional investors have recently modified their holdings of CPT. State Street Corp grew its stake in Camden Property Trust by 1.5% in the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock valued at $815,470,000 after purchasing an additional 111,215 shares in the last quarter. Viking Global Investors LP raised its stake in shares of Camden Property Trust by 23.9% during the 4th quarter. Viking Global Investors LP now owns 4,764,495 shares of the real estate investment trust’s stock worth $524,476,000 after purchasing an additional 917,755 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Camden Property Trust by 38.4% in the 4th 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 last quarter. Centersquare Investment Management LLC boosted its holdings in shares of 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 buying an additional 98,130 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew 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 in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

CPT opened at $114.43 on Friday. The company has a market capitalization of $11.50 billion, a price-to-earnings ratio of 31.96, a P/E/G ratio of 8.63 and a beta of 0.78. The business’s 50-day moving average price is $110.73 and its two-hundred day moving average price is $107.19. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The business had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. During the same period last year, the company earned $1.72 earnings per share. Camden Property Trust’s quarterly revenue was down .5% on a year-over-year basis. 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. Equities analysts expect that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is currently 118.44%.

Camden Property Trust Company Profile

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.