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

Key Points

• Camden Property Trust has a consensus recommendation of "Hold" from analysts, with two sell ratings, nine hold ratings, and six buy ratings among seventeen analysts.
• The company reported $1.70 earnings per share for the last quarter, slightly exceeding the consensus estimate of $1.69.
• Camden Property Trust recently announced a quarterly dividend of $1.05, representing an annualized yield of 4.1% based on a high dividend payout ratio of 293.71%.

Camden Property Trust (NYSE:CPT - Get Free Report) has earned a consensus recommendation of "Hold" from the seventeen analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $121.7344.

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group downgraded shares of Camden Property Trust from a "neutral" rating to a "sell" rating and decreased their target price for the stock from $118.00 to $106.00 in a research note on Wednesday, September 17th. UBS Group decreased their target price on shares of Camden Property Trust from $126.00 to $114.00 and set a "neutral" rating for the company in a research note on Tuesday, July 15th. Stifel Nicolaus upgraded shares of Camden Property Trust from a "hold" rating to a "buy" rating and set a $122.75 target price for the company in a research note on Tuesday, August 26th. JPMorgan Chase & Co. increased their target price on shares of Camden Property Trust from $127.00 to $129.00 and gave the stock an "underweight" rating in a research note on Tuesday, June 17th. Finally, Wells Fargo & Company decreased their target price on shares of Camden Property Trust from $120.00 to $112.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 27th.

Institutional Investors Weigh In On Camden Property Trust

A number of hedge funds have recently added to or reduced their stakes in CPT. Smartleaf Asset Management LLC lifted its position in shares of Camden Property Trust by 16.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust's stock valued at $76,000 after acquiring an additional 89 shares during the period. Country Club Bank lifted its position in shares of Camden Property Trust by 0.4% during the 1st quarter. Country Club Bank now owns 26,200 shares of the real estate investment trust's stock valued at $3,204,000 after acquiring an additional 92 shares during the period. Amalgamated Bank lifted its position in shares of Camden Property Trust by 0.5% during the 1st quarter. Amalgamated Bank now owns 20,558 shares of the real estate investment trust's stock valued at $2,514,000 after acquiring an additional 93 shares during the period. Forsta AP Fonden lifted its position in shares of Camden Property Trust by 0.6% during the 2nd quarter. Forsta AP Fonden now owns 17,400 shares of the real estate investment trust's stock valued at $1,961,000 after acquiring an additional 100 shares during the period. Finally, Intact Investment Management Inc. lifted its position in shares of Camden Property Trust by 16.7% during the 2nd quarter. Intact Investment Management Inc. now owns 700 shares of the real estate investment trust's stock valued at $79,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 97.22% of the company's stock.

Camden Property Trust Price Performance

CPT stock opened at $101.90 on Friday. Camden Property Trust has a twelve month low of $101.64 and a twelve month high of $127.65. The company has a market capitalization of $10.89 billion, a P/E ratio of 71.26, a PEG ratio of 3.50 and a beta of 0.80. The business has a 50 day simple moving average of $107.50 and a 200-day simple moving average of $112.46. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82.

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

Camden Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be given a $1.05 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $4.20 dividend on an annualized basis and a yield of 4.1%. Camden Property Trust's dividend payout ratio (DPR) is presently 293.71%.

Camden Property Trust Company Profile

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.

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