Camden Property Trust (NYSE:CPT) Given Consensus Recommendation of “Hold” by Analysts

Shares of Camden Property Trust (NYSE:CPT) have been assigned a consensus recommendation of “Hold” from the seventeen research firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $114.2969.

A number of analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a research report on Monday, April 20th. Evercore set a $107.00 price target on shares of Camden Property Trust in a research report on Friday. Stifel Nicolaus set a $118.75 price target on shares of Camden Property Trust in a research report on Friday. Royal Bank Of Canada upped their price target on shares of Camden Property Trust from $104.00 to $105.00 and gave the stock a “sector perform” rating in a research report on Monday. Finally, Wall Street Zen cut shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday.

Camden Property Trust Price Performance

Camden Property Trust stock opened at $104.33 on Tuesday. The firm has a fifty day moving average of $102.68 and a 200-day moving average of $104.78. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $121.33. The company has a quick ratio of 0.14, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $10.49 billion, a P/E ratio of 29.14, a PEG ratio of 7.11 and a beta of 0.81.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The business had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. During the same quarter in the previous year, the business posted $1.72 EPS. The business’s quarterly revenue was down .5% on a year-over-year basis. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. As a group, analysts predict that Camden Property Trust will post 6.74 EPS for the current year.

Camden Property Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Tuesday, March 31st were given a dividend of $1.06 per share. This is a positive change from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a yield of 4.1%. Camden Property Trust’s dividend payout ratio is currently 118.44%.

Camden Property Trust announced that its board has authorized a share buyback plan on Thursday, February 5th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the real estate investment trust to repurchase up to 5.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In related news, COO Laurie Baker sold 2,168 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total transaction of $235,011.20. Following the completion of the sale, the chief operating officer directly owned 94,468 shares of the company’s stock, valued at approximately $10,240,331.20. This trade represents a 2.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Camden Property Trust

A number of large investors have recently added to or reduced their stakes in CPT. Maverick Capital Ltd. acquired a new stake in Camden Property Trust during the 4th quarter valued at $202,304,000. Norges Bank acquired a new stake in Camden Property Trust during the 4th quarter valued at $154,587,000. Viking Global Investors LP grew its holdings in Camden Property Trust by 41.6% during the 3rd quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after purchasing an additional 1,130,718 shares in the last quarter. Invesco Ltd. grew its holdings in Camden Property Trust by 38.4% during the 4th quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock valued at $380,035,000 after purchasing an additional 957,896 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Camden Property Trust by 64.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after purchasing an additional 825,769 shares in the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

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.