Camden Property Trust (NYSE:CPT) Upgraded at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Camden Property Trust (NYSE:CPT) from an underweight rating to a neutral rating in a research report released on Thursday,Benzinga reports. They currently have $116.00 price objective on the real estate investment trust’s stock.

CPT has been the subject of several other reports. Morgan Stanley cut their target price on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating for the company in a research note on Thursday, November 13th. Evercore ISI cut their price objective on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a research report on Monday, November 3rd. Mizuho reduced their target price on shares of Camden Property Trust from $115.00 to $114.00 and set an “outperform” rating for the company in a research note on Monday, November 24th. Royal Bank Of Canada lowered their price target on Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating on the stock in a research note on Monday, November 10th. Finally, UBS Group cut their price target on Camden Property Trust from $114.00 to $105.00 and set a “neutral” rating for the company in a report on Monday, November 10th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $116.81.

Camden Property Trust Price Performance

Shares of NYSE:CPT opened at $107.22 on Thursday. The company has a market cap of $11.41 billion, a price-to-earnings ratio of 43.41, a PEG ratio of 3.57 and a beta of 0.82. The business has a 50 day moving average price of $103.41 and a 200 day moving average price of $108.10. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.81. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $126.55.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, topping the consensus estimate of $1.68 by $0.02. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The company had revenue of $398.24 million for the quarter, compared to the consensus estimate of $397.89 million. During the same period in the previous year, the business posted $1.71 EPS. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. Research analysts predict that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Wednesday, December 17th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Wednesday, December 17th. Camden Property Trust’s dividend payout ratio is currently 170.04%.

Institutional Trading of Camden Property Trust

Several institutional investors have recently bought and sold shares of the stock. State Street Corp raised its stake in Camden Property Trust by 1.5% during the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock worth $815,470,000 after acquiring an additional 111,215 shares in the last quarter. Viking Global Investors LP grew its holdings in shares of Camden Property Trust by 41.6% in the 3rd quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock worth $410,755,000 after purchasing an additional 1,130,718 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Camden Property Trust by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 2,961,433 shares of the real estate investment trust’s stock worth $332,432,000 after purchasing an additional 51,357 shares in the last quarter. Centersquare Investment Management LLC lifted its holdings in Camden Property Trust by 1.4% during the 3rd quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock valued at $291,560,000 after purchasing an additional 38,897 shares during the last quarter. Finally, Invesco Ltd. boosted its position in Camden Property Trust by 5.0% in the third quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust’s stock valued at $266,358,000 after buying an additional 119,401 shares in 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.