Camden Property Trust (NYSE:CPT) Price Target Raised to $111.00

Camden Property Trust (NYSE:CPT) had its price target increased by Cantor Fitzgerald from $102.00 to $111.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a neutral rating on the real estate investment trust’s stock.

Several other research firms have also recently issued reports on CPT. Wall Street Zen cut Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. 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. Truist Financial increased their price objective on Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. 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, Piper Sandler upped their target price on Camden Property Trust from $108.00 to $119.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Five equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $117.19.

Camden Property Trust Trading Up 0.7%

Shares of CPT opened at $111.82 on Monday. The stock has a market capitalization of $11.24 billion, a P/E ratio of 37.03, a PEG ratio of 8.44 and a beta of 0.77. The company has a quick ratio of 0.42, a current ratio of 0.18 and a debt-to-equity ratio of 1.25. The firm has a fifty day simple moving average of $112.72 and a two-hundred day simple moving average of $107.53. Camden Property Trust has a twelve month low of $96.53 and a twelve month high of $119.81.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The firm had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. During the same period last year, the business earned $1.70 EPS. Camden Property Trust’s revenue was up 7.4% on a year-over-year basis. 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. On average, research analysts anticipate that Camden Property Trust will post 6.74 EPS for the current year.

Camden Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were paid a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is presently 140.40%.

Institutional Trading of Camden Property Trust

Several large investors have recently bought and sold shares of the company. CYBER HORNET ETFs LLC bought a new position in shares of Camden Property Trust in the 2nd quarter worth approximately $32,000. Clearstead Advisors LLC boosted its position in shares of Camden Property Trust by 92.0% during the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 138 shares in the last quarter. Fulcrum Asset Management LLP bought a new stake in shares of Camden Property Trust during the third quarter valued at approximately $32,000. MUFG Securities EMEA plc purchased a new stake in Camden Property Trust in the second quarter worth $35,000. Finally, Prosperity Bancshares Inc purchased a new stake in Camden Property Trust in the fourth quarter worth $42,000. 97.22% of the stock is owned by institutional investors.

About Camden Property Trust

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.