Camden Property Trust (NYSE:CPT) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen lowered shares of Camden Property Trust (NYSE:CPT) from a sell rating to a strong sell rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Several other equities analysts have also recently issued reports on CPT. Stifel Nicolaus set a $123.25 target price on shares of Camden Property Trust in a research note on Friday, July 31st. Barclays dropped their price target on shares of Camden Property Trust from $123.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 14th. Morgan Stanley cut their price objective 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. Scotiabank cut their price objective on shares of Camden Property Trust from $109.00 to $102.00 and set a “sector underperform” rating for the company in a report on Thursday, September 17th. Finally, Truist Financial decreased their price objective on shares of Camden Property Trust from $123.00 to $108.00 and set a “buy” rating for the company in a research report on Friday, September 25th. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $111.62.

Camden Property Trust Trading Down 0.7%

Shares of NYSE:CPT opened at $97.90 on Friday. Camden Property Trust has a 12-month low of $95.30 and a 12-month high of $119.81. The company has a market capitalization of $9.84 billion, a PE ratio of 14.41, a PEG ratio of 7.34 and a beta of 0.79. The business has a 50 day moving average of $102.43 and a two-hundred day moving average of $106.53. 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 released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49). The company had revenue of $396.07 million during the quarter, compared to analysts’ expectations of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.70 EPS. 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, analysts forecast that Camden Property Trust will post 6.75 EPS for the current year.

Camden Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were given a dividend of $1.06 per share. The ex-dividend date was Wednesday, September 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.3%. Camden Property Trust’s dividend payout ratio (DPR) is 140.40%.

Institutional Investors Weigh In On Camden Property Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Clark Wealth Partners increased its position in shares of Camden Property Trust by 8,480.0% during the third quarter. Clark Wealth Partners now owns 858 shares of the real estate investment trust’s stock worth $83,000 after purchasing an additional 848 shares in the last quarter. IFP Advisors Inc raised its stake in Camden Property Trust by 80,855.8% in the 3rd quarter. IFP Advisors Inc now owns 62,336 shares of the real estate investment trust’s stock valued at $6,030,000 after purchasing an additional 62,259 shares during the last quarter. Dynamic Wealth Strategies LLC acquired a new position in Camden Property Trust in the 3rd quarter valued at $66,000. James T. Borello RIA lifted its holdings in Camden Property Trust by 76.3% in the 3rd 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 in the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in Camden Property Trust by 28.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 3,662 shares of the real estate investment trust’s stock valued at $354,000 after purchasing an additional 804 shares in the last quarter. Hedge funds and other 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 rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.

Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company’s in-house property management platform.

Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.