Camden Property Trust (NYSE:CPT) Downgraded by Wall Street Zen to "Strong Sell"

Key Points

• Wall Street Zen downgraded Camden Property Trust to “strong sell” from “sell,” while the broader analyst consensus remains “hold,” with three buy ratings, 12 hold ratings, and one sell rating.
• Analysts’ consensus price target is $112.08, compared with the stock’s recent opening price of $98.56. Recent target adjustments were mixed, ranging from Truist’s $108 buy target to UBS’s $101 neutral target.
• Camden reported quarterly revenue of $396.07 million, slightly above estimates, but earnings per share of $0.18 missed the $1.67 consensus estimate. Institutional investors own approximately 97.22% of the stock.

Camden Property Trust (NYSE:CPT - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "sell" rating to a "strong sell" rating in a report issued on Saturday, Wall Street Zen reports.

Several other brokerages also recently commented on CPT. JPMorgan Chase & Co. upped their target price on Camden Property Trust from $113.00 to $114.00 and gave the company a "neutral" rating in a report on Thursday, August 13th. Wells Fargo & Company decreased their price target on Camden Property Trust from $113.00 to $110.00 and set an "equal weight" rating for the company in a research report on Tuesday, September 1st. Cantor Fitzgerald lifted their price target on Camden Property Trust from $102.00 to $111.00 and gave the stock a "neutral" rating in a research note on Monday, August 3rd. Truist Financial dropped their price target on Camden Property Trust from $123.00 to $108.00 and set a "buy" rating on the stock in a research note on Friday, September 25th. Finally, UBS Group cut their price objective on Camden Property Trust from $105.00 to $101.00 and set a "neutral" rating on the stock in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $112.08.

Camden Property Trust Stock Up 0.4%

CPT stock opened at $98.56 on Friday. Camden Property Trust has a 12 month low of $95.30 and a 12 month high of $119.81. The firm has a market cap of $9.91 billion, a PE ratio of 14.35, a P/E/G ratio of 7.31 and a beta of 0.79. The firm has a 50 day simple moving average of $102.65 and a 200 day simple moving average of $106.47. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.18.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its 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 business had revenue of $396.07 million for 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 company's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. Equities research analysts forecast that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Camden Property Trust

Institutional investors have recently made changes to their positions in the company. Lido Advisors LLC raised its holdings in shares of Camden Property Trust by 4.5% in the first quarter. Lido Advisors LLC now owns 2,904 shares of the real estate investment trust's stock valued at $286,000 after purchasing an additional 124 shares during the last quarter. IFM Investors Pty Ltd lifted its position in shares of Camden Property Trust by 0.8% during the first quarter. IFM Investors Pty Ltd now owns 17,312 shares of the real estate investment trust's stock valued at $1,691,000 after purchasing an additional 132 shares in the last quarter. James T. Borello RIA lifted its position in shares of Camden Property Trust by 76.3% during the third 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. Patton Fund Management Inc. boosted its holdings in Camden Property Trust by 9.7% during the first quarter. Patton Fund Management Inc. now owns 2,318 shares of the real estate investment trust's stock worth $226,000 after purchasing an additional 205 shares during the last quarter. Finally, Summit Securities Group LLC boosted its holdings in Camden Property Trust by 169.6% during the first quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust's stock worth $42,000 after purchasing an additional 268 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Camden Property Trust Company Profile

Camden Property Trust NYSE: CPT is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides residential rental housing and related property-management services, with properties designed to serve a range of residents in major metropolitan areas.

Camden focuses primarily on high-growth markets in the Sun Belt, including communities in Texas, Florida, Georgia, North Carolina, Colorado, Arizona, Nevada, and Tennessee.

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