Camden Property Trust (NYSE:CPT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Camden Property Trust (NYSE:CPT) from a strong sell rating to a sell rating in a research report released on Saturday,Wall Street Zen reports.

Other equities research analysts have also issued research reports about the company. Morgan Stanley cut their price target on Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. Truist Financial boosted their price objective on Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. Wells Fargo & Company dropped their price objective on Camden Property Trust from $113.00 to $110.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $114.00 target price on shares of Camden Property Trust in a research note on Monday, July 20th. Finally, Cantor Fitzgerald boosted their price target on Camden Property Trust from $102.00 to $111.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $115.35.

Camden Property Trust Price Performance

NYSE CPT opened at $98.76 on Friday. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $119.81. The stock has a market cap of $9.93 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 7.02 and a beta of 0.77. The company’s 50 day moving average is $108.39 and its two-hundred day moving average is $107.01. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). The firm had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.70 earnings per share. 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 anticipate that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Wednesday, September 30th will be paid a dividend of $1.06 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $4.24 dividend on an annualized basis and a yield of 4.3%. Camden Property Trust’s dividend payout ratio is presently 140.40%.

Institutional Trading of Camden Property Trust

Hedge funds have recently modified their holdings of the company. Centersquare Investment Management LLC increased its position 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 purchasing an additional 98,130 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Camden Property Trust by 64.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock worth $232,698,000 after buying an additional 825,769 shares during the last quarter. Maverick Capital Ltd. raised its position in shares of Camden Property Trust by 1.6% during the 1st quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock valued at $182,416,000 after buying an additional 30,076 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Camden Property Trust by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock valued at $156,128,000 after acquiring an additional 37,456 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Camden Property Trust in the 4th quarter valued at about $154,587,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

About Camden Property Trust

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages apartment communities. Its portfolio is focused primarily on multifamily housing, with properties offering a range of apartment floor plans and amenities designed for renters in urban and suburban markets.

The company serves residents across several major metropolitan areas in the U.S. Sun Belt, including markets in Texas, Colorado, Arizona, California, Georgia, North Carolina, Florida, and Tennessee.