Camden Property Trust (NYSE:CPT) Hits New 1-Year Low - Should You Sell?

Key Points

• Camden Property Trust shares hit a new 52-week low, falling to $95.30 during intraday trading, below both their 50-day and 200-day moving averages.
• Analysts maintain a generally cautious outlook, with a consensus “Hold” rating and an average price target of $114.35, despite several firms retaining Buy ratings.
• The company declared a quarterly dividend of $1.06 per share, equivalent to an annualized $4.24 payout and a 4.4% yield; however, its dividend payout ratio is elevated at 140.4%.

Camden Property Trust (NYSE:CPT - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $95.30 and last traded at $96.1730, with a volume of 37203 shares traded. The stock had previously closed at $95.80.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CPT shares. Jefferies Financial Group raised shares of Camden Property Trust to a "hold" rating in a report on Wednesday, July 22nd. UBS Group restated a "neutral" rating and set a $105.00 price target (down from $106.00) on shares of Camden Property Trust in a research report on Tuesday, September 15th. Truist Financial lowered their price objective on Camden Property Trust from $123.00 to $108.00 and set a "buy" rating on the stock in a research report on Friday, September 25th. Evercore set a $110.00 price objective on Camden Property Trust in a research note on Monday, September 21st. Finally, Wells Fargo & Company reduced their target price on Camden Property Trust from $113.00 to $110.00 and set an "equal weight" rating for the company in a research report on Tuesday, September 1st. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Camden Property Trust presently has an average rating of "Hold" and an average price target of $114.35.

Camden Property Trust Trading Up 0.1%

The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market cap of $9.64 billion, a PE ratio of 31.77, a PEG ratio of 7.27 and a beta of 0.79. The stock's 50 day simple moving average is $104.58 and its 200 day simple moving average is $106.52.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. During the same period in the previous year, the company earned $1.70 EPS. Camden Property Trust's quarterly 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. On average, sell-side analysts forecast that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th will be given a dividend of $1.06 per share. The ex-dividend date is Wednesday, September 30th. This represents a $4.24 dividend on an annualized basis and a yield of 4.4%. Camden Property Trust's dividend payout ratio (DPR) is presently 140.40%.

Hedge Funds Weigh In On Camden Property Trust

Institutional investors have recently modified their holdings of the company. Squarepoint Ops LLC boosted its stake in Camden Property Trust by 3,804.2% in the second quarter. Squarepoint Ops LLC now owns 107,327 shares of the real estate investment trust's stock worth $12,288,000 after buying an additional 104,578 shares in the last quarter. CORDA Investment Management LLC. raised its stake in shares of Camden Property Trust by 90.8% during the first quarter. CORDA Investment Management LLC. now owns 426,913 shares of the real estate investment trust's stock worth $41,692,000 after acquiring an additional 203,131 shares in the last quarter. Jennison Associates LLC raised its stake in shares of Camden Property Trust by 100.2% during the first quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust's stock worth $117,861,000 after acquiring an additional 603,997 shares in the last quarter. Corient Private Wealth LP lifted its holdings in shares of Camden Property Trust by 38.2% in the 2nd quarter. Corient Private Wealth LP now owns 120,014 shares of the real estate investment trust's stock worth $13,740,000 after acquiring an additional 33,175 shares during the last quarter. Finally, Empyrean Capital Partners LP purchased a new stake in shares of Camden Property Trust in the 1st quarter valued at $9,180,000. 97.22% of the stock is currently owned by institutional investors.

About Camden Property Trust

Camden Property Trust NYSE: CPT is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides residential rental housing and related property-management services, with properties designed to serve a range of residents in major metropolitan areas.

Camden focuses primarily on high-growth markets in the Sun Belt, including communities in Texas, Florida, Georgia, North Carolina, Colorado, Arizona, Nevada, and Tennessee.

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