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

Key Points

• Wall Street Zen downgraded Camden Property Trust from “sell” to “strong sell,” though broader analyst sentiment remains “hold,” with five buys, 12 holds and two sells.
• The stock opened at $111.86, compared with a consensus price target of $117.25; shares have traded between $96.53 and $119.81 over the past year.
• Camden reported quarterly EPS of $0.18, missing the $1.67 consensus estimate, while revenue rose 7.4% year over year to $396.07 million. Institutional investors own approximately 97.22% of the company.

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

A number of other research firms have also recently weighed in on CPT. Weiss Ratings upgraded shares of Camden Property Trust from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday. Morgan Stanley increased their price target on Camden Property Trust from $117.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 25th. Wells Fargo & Company raised their price target on Camden Property Trust from $107.00 to $113.00 and gave the company an "equal weight" rating in a report on Wednesday, July 22nd. Truist Financial boosted their price objective on Camden Property Trust from $118.00 to $123.00 and gave the company a "buy" rating in a research report on Thursday, June 11th. Finally, Jefferies Financial Group raised Camden Property Trust to a "hold" rating in a research note on Wednesday, July 22nd. Five research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $117.25.

Camden Property Trust Stock Performance

Shares of CPT opened at $111.86 on Friday. The firm has a market capitalization of $11.25 billion, a P/E ratio of 37.04, a PEG ratio of 8.42 and a beta of 0.77. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.42. Camden Property Trust has a one year low of $96.53 and a one year high of $119.81. The business has a fifty day moving average of $112.88 and a 200 day moving average of $107.57.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. During the same quarter in the previous year, the business posted $1.70 earnings per share. The firm'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. As a group, sell-side analysts anticipate that Camden Property Trust will post 6.74 EPS for the current year.

Hedge Funds Weigh In On Camden Property Trust

Large investors have recently made changes to their positions in the company. CYBER HORNET ETFs LLC purchased a new stake in shares of Camden Property Trust in the second quarter worth approximately $32,000. Clearstead Advisors LLC boosted its holdings in Camden Property Trust by 92.0% during the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 138 shares during the period. Fulcrum Asset Management LLP bought a new position in Camden Property Trust in the 3rd quarter valued at $32,000. MUFG Securities EMEA plc bought a new position in Camden Property Trust in the 2nd quarter valued at $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 hedge funds and other 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.

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