Brokerages Set Camden Property Trust (NYSE:CPT) PT at $115.16

Shares of Camden Property Trust (NYSE:CPT) have been assigned a consensus recommendation of “Hold” from the seventeen brokerages that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $115.1563.

CPT has been the topic of several analyst reports. Royal Bank Of Canada cut their price target on shares of Camden Property Trust from $109.00 to $108.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 10th. Barclays decreased their price objective on shares of Camden Property Trust from $119.00 to $115.00 and set an “equal weight” rating for the company in a research note on Friday, March 6th. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, January 21st. JPMorgan Chase & Co. raised Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 target price for the company in a report on Thursday, December 18th. Finally, Scotiabank decreased their price target on Camden Property Trust from $115.00 to $113.00 and set a “sector perform” rating for the company in a research report on Wednesday, March 4th.

Camden Property Trust Trading Up 0.1%

NYSE CPT opened at $100.82 on Friday. The firm has a market capitalization of $10.56 billion, a P/E ratio of 28.48, a PEG ratio of 6.86 and a beta of 0.83. The business has a fifty day simple moving average of $104.92 and a 200 day simple moving average of $105.14. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $123.31. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.88.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The firm had revenue of $396.08 million for the quarter, compared to analysts’ expectations of $393.05 million. During the same period in the prior year, the firm earned $1.73 earnings per share. Camden Property Trust’s revenue was up 1.2% compared to the same quarter last year. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. On average, analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st will be given a dividend of $1.06 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 annualized dividend and a dividend yield of 4.2%. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s payout ratio is 119.77%.

Camden Property Trust announced that its Board of Directors has initiated a stock repurchase plan on Thursday, February 5th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the real estate investment trust to purchase up to 5.2% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In related news, COO Laurie Baker sold 2,168 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total value of $235,011.20. Following the transaction, the chief operating officer directly owned 94,468 shares of the company’s stock, valued at approximately $10,240,331.20. The trade was a 2.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Richard J. Campo sold 5,600 shares of the stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total transaction of $617,176.00. Following the transaction, the chief executive officer owned 295,556 shares of the company’s stock, valued at approximately $32,573,226.76. The trade was a 1.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,087 shares of company stock worth $887,043 over the last quarter. Company insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Camden Property Trust

Large investors have recently modified their holdings of the stock. Purpose Unlimited Inc. purchased a new stake in Camden Property Trust in the fourth quarter worth $664,000. Hsbc Holdings PLC lifted its position in shares of Camden Property Trust by 3.4% during the 4th quarter. Hsbc Holdings PLC now owns 523,824 shares of the real estate investment trust’s stock valued at $57,722,000 after buying an additional 17,270 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Camden Property Trust by 14.3% during the 4th quarter. Corient Private Wealth LLC now owns 40,734 shares of the real estate investment trust’s stock worth $4,485,000 after acquiring an additional 5,089 shares during the period. DGS Capital Management LLC purchased a new stake in Camden Property Trust in the 4th quarter worth about $316,000. Finally, Pacer Advisors Inc. increased its holdings in Camden Property Trust by 102.3% in the 4th quarter. Pacer Advisors Inc. now owns 17,239 shares of the real estate investment trust’s stock worth $1,898,000 after acquiring an additional 8,716 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

About Camden Property Trust

Camden Property Trust is a publicly traded real estate investment trust (REIT) specializing in the ownership, development and management of multifamily residential communities across the United States. The company’s core business activities include acquiring land for new construction, overseeing the design and development of garden-style and mid-rise apartment communities, and providing ongoing property management services. Camden’s asset management team focuses on maintaining high occupancy levels, resident satisfaction and operational efficiency through consistent leasing, maintenance and community engagement programs.

Camden’s portfolio encompasses a geographically diversified mix of properties located primarily in high-growth Sun Belt and major metropolitan markets.