Camden Property Trust (NYSE:CPT) Hits New 12-Month High – Here’s What Happened

Camden Property Trust (NYSE:CPT)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $118.85 and last traded at $118.5250, with a volume of 8820 shares changing hands. The stock had previously closed at $116.95.

Wall Street Analyst Weigh In

CPT has been the subject of a number of analyst reports. UBS Group lowered their price target on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Evercore set a $113.00 target price on shares of Camden Property Trust in a research note on Monday, June 8th. Wells Fargo & Company raised their target price on shares of Camden Property Trust from $106.00 to $107.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Jefferies Financial Group upgraded shares of Camden Property Trust to a “strong-buy” rating in a report on Friday, June 26th. Finally, Wall Street Zen cut shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Camden Property Trust presently has an average rating of “Hold” and a consensus price target of $114.67.

Camden Property Trust Price Performance

The stock has a 50 day moving average of $109.75 and a 200-day moving average of $106.98. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $11.46 billion, a P/E ratio of 31.85, a price-to-earnings-growth ratio of 9.07 and a beta of 0.78.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company had revenue of $390.92 million for the quarter, compared to the consensus estimate of $378.11 million. During the same quarter in the prior year, the company posted $1.72 EPS. Camden Property Trust’s quarterly revenue was down .5% on a year-over-year basis. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. On average, equities research analysts anticipate that Camden Property Trust will post 6.65 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be issued a $1.06 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.7%. Camden Property Trust’s dividend payout ratio is presently 118.44%.

Institutional Investors Weigh In On Camden Property Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vert Asset Management LLC purchased a new stake in shares of Camden Property Trust in the fourth quarter valued at approximately $3,150,000. Teacher Retirement System of Texas increased its holdings in Camden Property Trust by 517.9% during the 4th quarter. Teacher Retirement System of Texas now owns 267,847 shares of the real estate investment trust’s stock worth $29,485,000 after purchasing an additional 224,501 shares during the period. Jefferies Financial Group Inc. purchased a new position in Camden Property Trust during the 3rd quarter worth $2,459,000. M&T Bank Corp raised its position in Camden Property Trust by 120.5% during the 4th quarter. M&T Bank Corp now owns 19,068 shares of the real estate investment trust’s stock valued at $2,100,000 after purchasing an additional 10,420 shares in the last quarter. Finally, Coronation Fund Managers Ltd. bought a new stake in Camden Property Trust during the 4th quarter valued at $17,583,000. Institutional investors 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.