Camden Property Trust (NYSE:CPT) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts have given Camden Property Trust (NYSE:CPT) an average rating of "Hold", with one sell rating, eleven holds, and five buy ratings, and an average target price of $124.94.
• Institutional investors have significantly increased their stakes in Camden Property Trust, with 97.22% of the stock currently owned by these investors.
• The company recently reported a quarterly EPS of $1.70, beating estimates, and declared a quarterly dividend of $1.05, yielding 3.9%.

Shares of Camden Property Trust (NYSE:CPT - Get Free Report) have been given an average rating of "Hold" by the seventeen research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $124.9412.

Several research firms recently issued reports on CPT. Royal Bank Of Canada reduced their target price on shares of Camden Property Trust from $120.00 to $118.00 and set a "sector perform" rating for the company in a report on Monday, August 4th. Citigroup reduced their target price on shares of Camden Property Trust from $138.00 to $130.00 and set a "buy" rating for the company in a report on Thursday, August 14th. Piper Sandler reduced their target price on shares of Camden Property Trust from $130.00 to $117.00 and set a "neutral" rating for the company in a report on Monday, August 4th. Barclays reduced their target price on shares of Camden Property Trust from $137.00 to $128.00 and set an "overweight" rating for the company in a report on Tuesday, August 12th. Finally, Mizuho reduced their target price on shares of Camden Property Trust from $130.00 to $122.00 and set an "outperform" rating for the company in a report on Friday, May 23rd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northern Trust Corp boosted its stake in Camden Property Trust by 33.7% in the 4th quarter. Northern Trust Corp now owns 1,420,076 shares of the real estate investment trust's stock worth $164,786,000 after purchasing an additional 357,718 shares during the period. Natixis boosted its stake in Camden Property Trust by 741.3% in the 4th quarter. Natixis now owns 18,063 shares of the real estate investment trust's stock worth $2,096,000 after purchasing an additional 15,916 shares during the period. MQS Management LLC bought a new position in Camden Property Trust in the 1st quarter worth approximately $1,421,000. Freestone Grove Partners LP bought a new position in Camden Property Trust in the 4th quarter worth approximately $591,000. Finally, Starwood Capital Group Management L.L.C. boosted its stake in Camden Property Trust by 125.6% in the 4th quarter. Starwood Capital Group Management L.L.C. now owns 316,179 shares of the real estate investment trust's stock worth $36,689,000 after purchasing an additional 176,000 shares during the period. 97.22% of the stock is currently owned by institutional investors.

Camden Property Trust Price Performance

NYSE CPT opened at $108.4040 on Thursday. Camden Property Trust has a 52 week low of $102.35 and a 52 week high of $127.69. The firm has a market capitalization of $11.58 billion, a P/E ratio of 75.81, a PEG ratio of 3.67 and a beta of 0.78. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82. The company has a 50-day moving average price of $111.98 and a 200-day moving average price of $115.47.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 EPS for the quarter, beating the consensus estimate of $1.69 by $0.01. The firm had revenue of $396.51 million during the quarter, compared to analyst estimates of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.71 EPS. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Equities research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Monday, June 30th were paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, June 30th. Camden Property Trust's dividend payout ratio is presently 293.71%.

About Camden Property Trust

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.