Camden Property Trust (NYSE:CPT) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Camden Property Trust (NYSE:CPT) has received a consensus recommendation of "Hold" from fourteen research firms, with one sell rating, seven hold ratings, and six buy ratings.
• The average one-year target price for Camden Property Trust is $123.27, with notable price adjustments from firms including Royal Bank Of Canada and Morgan Stanley.
• The real estate investment trust reported earnings of $1.70 per share for the last quarter, exceeding analyst expectations and achieving a revenue increase of 2.4% year-over-year.

Camden Property Trust (NYSE:CPT - Get Free Report) has been given an average recommendation of "Hold" by the fourteen research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $123.2679.

A number of brokerages have recently weighed in on CPT. Royal Bank Of Canada dropped their price objective on Camden Property Trust from $120.00 to $118.00 and set a "sector perform" rating for the company in a research note on Monday, August 4th. Morgan Stanley dropped their price objective on Camden Property Trust from $130.00 to $124.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 13th. Piper Sandler dropped their price objective on Camden Property Trust from $130.00 to $117.00 and set a "neutral" rating for the company in a research note on Monday, August 4th. Citigroup decreased their target price on Camden Property Trust from $138.00 to $130.00 and set a "buy" rating for the company in a report on Thursday, August 14th. Finally, Wall Street Zen upgraded Camden Property Trust from a "sell" rating to a "hold" rating in a report on Saturday, August 2nd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Loomis Sayles & Co. L P purchased a new position in Camden Property Trust in the second quarter valued at $32,000. CYBER HORNET ETFs LLC purchased a new position in Camden Property Trust in the second quarter valued at $32,000. Cape Investment Advisory Inc. purchased a new position in Camden Property Trust in the first quarter valued at $37,000. MUFG Securities EMEA plc purchased a new position in Camden Property Trust in the second quarter valued at $35,000. Finally, IFP Advisors Inc raised its stake in Camden Property Trust by 45.7% in the second quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust's stock valued at $36,000 after buying an additional 101 shares in the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

Camden Property Trust Trading Down 1.1%

Shares of Camden Property Trust stock opened at $109.50 on Monday. The firm has a market capitalization of $11.70 billion, a price-to-earnings ratio of 76.57, a PEG ratio of 3.71 and a beta of 0.80. Camden Property Trust has a fifty-two week low of $102.35 and a fifty-two week high of $127.69. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. The stock has a 50 day moving average of $110.36 and a 200 day moving average of $114.35.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $396.51 million during the quarter, compared to analyst estimates of $393.24 million. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The firm's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.71 earnings per share. 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, research analysts predict that Camden Property Trust will post 6.76 earnings per share for the current year.

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.

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