Camden Property Trust (NYSE:CPT) Sees Strong Trading Volume – What’s Next?

Shares of Camden Property Trust (NYSE:CPTGet Free Report) saw unusually-high trading volume on Monday . Approximately 814,038 shares were traded during trading, a decline of 22% from the previous session’s volume of 1,038,655 shares.The stock last traded at $104.8350 and had previously closed at $104.23.

Analyst Ratings Changes

CPT has been the subject of several research analyst reports. Wells Fargo & Company lowered their price target on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Evercore ISI lowered their target price on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a report on Monday, November 3rd. Bank of America cut their price target on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, October 8th. Finally, Stifel Nicolaus upgraded shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price objective for the company in a report on Tuesday, August 26th. Six equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and a consensus price target of $117.57.

View Our Latest Report on CPT

Camden Property Trust Trading Down 0.6%

The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.81. The company has a market cap of $11.02 billion, a price-to-earnings ratio of 41.94, a PEG ratio of 3.46 and a beta of 0.82. The firm has a 50 day moving average price of $103.01 and a two-hundred day moving average price of $108.41.

Camden Property Trust (NYSE:CPTGet Free Report) last posted its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. The company had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.71 earnings per share. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. As a group, equities analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Wednesday, December 17th will be given a dividend of $1.05 per share. The ex-dividend date is Wednesday, December 17th. This represents a $4.20 annualized dividend and a dividend yield of 4.1%. Camden Property Trust’s dividend payout ratio is 170.04%.

Institutional Trading of Camden Property Trust

Institutional investors have recently bought and sold shares of the company. Townsquare Capital LLC lifted its stake in shares of Camden Property Trust by 20.0% in the 1st quarter. Townsquare Capital LLC now owns 3,441 shares of the real estate investment trust’s stock valued at $421,000 after purchasing an additional 573 shares during the period. National Pension Service grew its stake in Camden Property Trust by 74.2% during the first quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 167 shares during the period. Vestmark Advisory Solutions Inc. increased its holdings in Camden Property Trust by 17.4% in the first quarter. Vestmark Advisory Solutions Inc. now owns 7,484 shares of the real estate investment trust’s stock worth $915,000 after purchasing an additional 1,111 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its stake in Camden Property Trust by 1.1% in the first quarter. Kovitz Investment Group Partners LLC now owns 20,642 shares of the real estate investment trust’s stock valued at $2,525,000 after buying an additional 234 shares during the period. Finally, Aberdeen Group plc lifted its stake in Camden Property Trust by 9.0% in the first quarter. Aberdeen Group plc now owns 302,297 shares of the real estate investment trust’s stock valued at $37,293,000 after buying an additional 25,055 shares during the period. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Company Profile

(Get Free Report)

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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