Brokerages Set Camden Property Trust (NYSE:CPT) Target Price at $121.17

Shares of Camden Property Trust (NYSE:CPT) have been assigned an average rating of “Hold” from the seventeen research firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $120.0469.

A number of brokerages recently weighed in on CPT. Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, October 8th. The Goldman Sachs Group cut Camden Property Trust from a “neutral” rating to a “sell” rating and cut their target price for the stock from $118.00 to $106.00 in a research report on Wednesday, September 17th. Piper Sandler decreased their target price on Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating for the company in a research report on Monday, August 4th. Cantor Fitzgerald started coverage on Camden Property Trust in a research note on Wednesday, October 1st. They set a “neutral” rating and a $115.00 price target on the stock. Finally, Evercore ISI reduced their price objective on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a research note on Monday, November 3rd.

Camden Property Trust Stock Performance

Shares of Camden Property Trust stock opened at $101.76 on Tuesday. The firm has a market capitalization of $10.87 billion, a P/E ratio of 71.16, a P/E/G ratio of 3.31 and a beta of 0.81. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $127.65. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82. The firm’s 50 day moving average is $105.10 and its two-hundred day moving average is $110.64.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.02. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business had revenue of $398.24 million during the quarter, compared to the consensus estimate of $397.89 million. During the same quarter in the previous year, the firm earned $1.71 EPS. The company’s revenue was up 2.2% compared to the same quarter last year. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Research analysts forecast that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, September 30th were given a $1.05 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $4.20 annualized dividend and a yield of 4.1%. Camden Property Trust’s dividend payout ratio is 170.04%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Abich Financial Wealth Management LLC purchased a new stake in shares of Camden Property Trust in the third quarter valued at about $25,000. Quent Capital LLC acquired a new position in Camden Property Trust in the 3rd quarter valued at about $29,000. Loomis Sayles & Co. L P purchased a new stake in Camden Property Trust during the 2nd quarter valued at approximately $32,000. Hantz Financial Services Inc. lifted its position in Camden Property Trust by 524.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 236 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Camden Property Trust in the 2nd quarter valued at approximately $32,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Company Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.