Camden Property Trust (NYSE:CPT) Now Covered by Cantor Fitzgerald

Key Points

• Camden Property Trust (CPT) has been upgraded to a "hold" rating by Cantor Fitzgerald, reflecting a more cautious outlook on the stock.
• Six analysts have assigned a Buy rating to the stock, while eight have issued a Hold rating, indicating a consensus rating of "Hold" with an average target price of $121.73.
• CPT recently reported earnings of $1.70 per share for the last quarter, slightly above analysts' expectations, and expects to post between 6.760-6.860 EPS for fiscal year 2025.

Stock analysts at Cantor Fitzgerald assumed coverage on shares of Camden Property Trust (NYSE:CPT - Get Free Report) in a report released on Wednesday, MarketBeat.com reports. The firm set a "neutral" rating and a $115.00 price target on the real estate investment trust's stock. Cantor Fitzgerald's target price suggests a potential upside of 8.90% from the stock's previous close.

A number of other research analysts have also recently commented on the company. Wells Fargo & Company dropped their price target on 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. Piper Sandler dropped their price target 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. Morgan Stanley dropped their price target 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. Barclays dropped their price target on Camden Property Trust from $128.00 to $127.00 and set an "overweight" rating for the company in a research note on Tuesday. Finally, Wall Street Zen upgraded Camden Property Trust from a "sell" rating to a "hold" rating in a report on Saturday, August 2nd. Six investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Camden Property Trust has an average rating of "Hold" and a consensus price target of $121.73.

Camden Property Trust Stock Down 1.1%

NYSE CPT opened at $105.60 on Wednesday. The business has a fifty day moving average price of $108.61 and a two-hundred day moving average price of $113.16. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18. Camden Property Trust has a fifty-two week low of $102.35 and a fifty-two week high of $127.65. The stock has a market capitalization of $11.28 billion, a PE ratio of 73.85, a PEG ratio of 3.62 and a beta of 0.80.

Camden Property Trust (NYSE:CPT - Get Free Report) last released 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 return on equity of 3.30% and a net margin of 9.99%.The firm had revenue of $396.51 million during the quarter, compared to analysts' expectations of $393.24 million. During the same period in the prior year, the company earned $1.71 earnings per share. The company's quarterly revenue was up 2.4% on a year-over-year basis. 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 analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Camden Property Trust

Hedge funds have recently modified their holdings of the company. Loomis Sayles & Co. L P bought a new stake in shares of Camden Property Trust in the 2nd quarter worth approximately $32,000. CYBER HORNET ETFs LLC bought a new stake in Camden Property Trust during the 2nd quarter valued at $32,000. Cape Investment Advisory Inc. purchased a new position in shares of Camden Property Trust during the 1st quarter valued at $37,000. MUFG Securities EMEA plc purchased a new position in shares of Camden Property Trust during the 2nd quarter valued at $35,000. Finally, IFP Advisors Inc grew its position in shares of Camden Property Trust by 45.7% during the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust's stock valued at $36,000 after purchasing an additional 101 shares in the last quarter. Institutional investors own 97.22% of the company's stock.

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.