Camden Property Trust (NYSE:CPT) Stock Rating Lowered by Wall Street Zen

Camden Property Trust (NYSE:CPT) was downgraded by analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

CPT has been the subject of several other reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $114.00 price objective on shares of Camden Property Trust in a research note on Monday, July 20th. Mizuho reduced their target price on shares of Camden Property Trust from $125.00 to $116.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 8th. Royal Bank Of Canada lowered their target price on shares of Camden Property Trust from $111.00 to $101.00 and set a “sector perform” rating for the company in a report on Tuesday, October 13th. Morgan Stanley lowered their target price on shares of Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating for the company in a report on Wednesday, August 12th. Finally, Piper Sandler dropped their price target on shares of Camden Property Trust from $119.00 to $102.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Camden Property Trust currently has an average rating of “Hold” and a consensus price target of $112.08.

Camden Property Trust Trading Down 0.0%

CPT opened at $98.56 on Friday. The firm has a market cap of $9.91 billion, a P/E ratio of 32.64, a P/E/G ratio of 7.34 and a beta of 0.79. Camden Property Trust has a 12 month low of $95.30 and a 12 month high of $119.81. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. The stock has a 50-day moving average of $102.65 and a 200 day moving average of $106.53.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.49). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The company had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. During the same period in the previous year, the business earned $1.70 earnings per share. Camden Property Trust’s revenue for the quarter was up 7.4% on a year-over-year basis. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. As a group, research analysts forecast that Camden Property Trust will post 6.75 EPS for the current year.

Hedge Funds Weigh In On Camden Property Trust

Several hedge funds have recently bought and sold shares of CPT. Lido Advisors LLC grew its holdings in shares of Camden Property Trust by 4.5% in the first quarter. Lido Advisors LLC now owns 2,904 shares of the real estate investment trust’s stock worth $286,000 after purchasing an additional 124 shares during the last quarter. IFM Investors Pty Ltd increased its position in shares of Camden Property Trust by 0.8% during the first quarter. IFM Investors Pty Ltd now owns 17,312 shares of the real estate investment trust’s stock worth $1,691,000 after acquiring an additional 132 shares during the period. James T. Borello RIA boosted its holdings in shares of Camden Property Trust by 76.3% in the third quarter. James T. Borello RIA now owns 409 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 177 shares during the period. Patton Fund Management Inc. boosted its holdings in shares of Camden Property Trust by 9.7% in the first quarter. Patton Fund Management Inc. now owns 2,318 shares of the real estate investment trust’s stock valued at $226,000 after purchasing an additional 205 shares during the period. Finally, Summit Securities Group LLC boosted its holdings in shares of Camden Property Trust by 169.6% in the first quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 268 shares during the period. Institutional investors own 97.22% of the company’s stock.

About Camden Property Trust

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides residential rental housing and related property-management services, with properties designed to serve a range of residents in major metropolitan areas.

Camden focuses primarily on high-growth markets in the Sun Belt, including communities in Texas, Florida, Georgia, North Carolina, Colorado, Arizona, Nevada, and Tennessee.