Jefferies Financial Group lowered shares of Camden Property Trust (NYSE:CPT – Free Report) from a strong-buy rating to a hold rating in a report published on Tuesday,Zacks.com reports.
Other equities analysts have also issued reports about the stock. Stifel Nicolaus set a $118.75 price objective on shares of Camden Property Trust in a research report on Friday, May 1st. Wells Fargo & Company increased their price target on shares of 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. Evercore set a $113.00 price objective on Camden Property Trust in a report on Monday, June 8th. Truist Financial upped their price target on shares of Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, June 11th. Finally, Wall Street Zen lowered Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Sunday, June 21st. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $115.48.
Read Our Latest Stock Analysis on CPT
Camden Property Trust Stock Performance
Camden Property Trust (NYSE:CPT – Get Free Report) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.12. The firm had revenue of $390.92 million for the quarter, compared to analyst estimates 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 revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company 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. On average, research analysts predict that Camden Property Trust will post 6.65 EPS for the current year.
Camden Property Trust Dividend Announcement
The business also recently announced 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. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is currently 118.44%.
Institutional Investors Weigh In On Camden Property Trust
A number of institutional investors have recently made changes to their positions in CPT. Clearstead Advisors LLC increased its holdings in shares of Camden Property Trust by 92.0% in the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 138 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Camden Property Trust in the 2nd quarter worth $32,000. Fulcrum Asset Management LLP purchased a new position in shares of Camden Property Trust in the 3rd quarter worth $32,000. MUFG Securities EMEA plc bought a new stake in shares of Camden Property Trust in the second quarter worth $35,000. Finally, Summit Securities Group LLC increased its position in 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 valued at $42,000 after acquiring an additional 268 shares during the last quarter. Hedge funds and other institutional investors 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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