Brokerages Set Camden Property Trust (NYSE:CPT) PT at $114.05

Shares of Camden Property Trust (NYSE:CPTGet Free Report) have received an average rating of “Hold” from the seventeen analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $114.4844.

CPT has been the topic of a number of research analyst reports. Truist Financial lifted their target price 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 raised their price objective 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. Royal Bank Of Canada raised their price objective on Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Barclays raised their price objective 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. Finally, Scotiabank raised their price objective on Camden Property Trust from $95.00 to $102.00 and gave the company a “sector underperform” rating in a research report on Thursday, June 18th.

Get Our Latest Stock Analysis on Camden Property Trust

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CPT. Clearstead Advisors LLC raised its position in Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 138 shares during the period. CYBER HORNET ETFs LLC purchased a new position in Camden Property Trust in the second quarter valued at about $32,000. Fulcrum Asset Management LLP purchased a new stake in shares of Camden Property Trust during the third quarter worth about $32,000. MUFG Securities EMEA plc purchased a new stake in shares of Camden Property Trust during the second quarter worth about $35,000. Finally, Summit Securities Group LLC increased its position in shares of Camden Property Trust by 169.6% during the first quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 268 shares during the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Price Performance

CPT stock opened at $110.61 on Wednesday. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $116.86. The stock’s fifty day simple moving average is $106.76 and its 200-day simple moving average is $106.12. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $11.12 billion, a price-to-earnings ratio of 30.90, a price-to-earnings-growth ratio of 8.24 and a beta of 0.80.

Camden Property Trust (NYSE:CPTGet Free Report) 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 the consensus estimate 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 for the quarter, compared to analysts’ expectations of $378.11 million. During the same quarter last year, the firm earned $1.72 earnings per share. The business’s 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 research analysts expect that Camden Property Trust will post 6.65 EPS for the current year.

Camden Property Trust Dividend Announcement

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

About Camden Property Trust

(Get Free Report)

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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Analyst Recommendations for Camden Property Trust (NYSE:CPT)

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