Jefferies Financial Group upgraded shares of Camden Property Trust (NYSE:CPT – Free Report) to a hold rating in a research note issued to investors on Wednesday morning,Zacks.com reports.
Several other brokerages have also recently weighed in on CPT. Barclays upped their target price on Camden Property Trust from $116.00 to $122.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Truist Financial lifted their price objective on Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, June 11th. Mizuho upped their price objective on shares of Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Cantor Fitzgerald dropped their target price on shares of Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Finally, Piper Sandler increased their target price on shares of Camden Property Trust from $108.00 to $119.00 and gave the stock a “neutral” rating in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $116.40.
View Our Latest Research Report on Camden Property Trust
Camden Property Trust Stock Performance
Camden Property Trust (NYSE:CPT – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate 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%.Camden Property Trust’s revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, equities analysts forecast that Camden Property Trust will post 6.66 earnings per share for the current year.
Camden Property Trust Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid a $1.06 dividend. This represents a $4.24 annualized dividend and a yield of 3.7%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio (DPR) is 118.44%.
Institutional Trading of Camden Property Trust
A number of institutional investors have recently made changes to their positions in the business. State Street Corp grew its stake in Camden Property Trust by 1.5% during the 3rd quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock worth $815,470,000 after buying an additional 111,215 shares during the last quarter. Viking Global Investors LP raised its stake in Camden Property Trust by 23.9% in the fourth quarter. Viking Global Investors LP now owns 4,764,495 shares of the real estate investment trust’s stock valued at $524,476,000 after buying an additional 917,755 shares during the last quarter. Invesco Ltd. boosted its holdings in 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 worth $380,035,000 after acquiring an additional 957,896 shares in the last quarter. Centersquare Investment Management LLC boosted its holdings in Camden Property Trust by 3.6% in the fourth quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock worth $311,373,000 after acquiring an additional 98,130 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Camden Property Trust by 64.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock worth $232,698,000 after acquiring an additional 825,769 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.
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.
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