Camden Property Trust (NYSE:CPT) Hits New 1-Year Low – Time to Sell?

Camden Property Trust (NYSE:CPT)’s stock price reached a new 52-week low on Thursday. The stock traded as low as $95.63 and last traded at $95.8360, with a volume of 27070 shares trading hands. The stock had previously closed at $96.73.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CPT. Cantor Fitzgerald raised their price objective on shares of Camden Property Trust from $102.00 to $111.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Piper Sandler upped their target price on Camden Property Trust from $108.00 to $119.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Wall Street Zen upgraded Camden Property Trust from a “strong sell” rating to a “sell” rating in a report on Saturday, September 19th. UBS Group reissued 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. Finally, Scotiabank reduced their price objective on Camden Property Trust from $109.00 to $102.00 and set a “sector underperform” rating on the stock in a research report on Thursday, September 17th. Three investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $114.35.

Camden Property Trust Trading Down 0.5%

The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $9.68 billion, a price-to-earnings ratio of 31.80, a price-to-earnings-growth ratio of 7.33 and a beta of 0.77. The business has a 50 day simple moving average of $106.33 and a 200-day simple moving average of $106.66.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.49). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The firm had revenue of $396.07 million during the quarter, compared to analysts’ expectations of $392.88 million. During the same quarter last year, the company posted $1.70 earnings per share. Camden Property Trust’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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, equities analysts predict that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Wednesday, September 30th will be paid a $1.06 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $4.24 annualized dividend and a dividend yield of 4.4%. Camden Property Trust’s payout ratio is 140.40%.

Institutional Investors Weigh In On Camden Property Trust

A number of hedge funds have recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. raised its position in shares of Camden Property Trust by 31.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,549 shares of the real estate investment trust’s stock valued at $750,000 after purchasing an additional 1,570 shares in the last quarter. Engineers Gate Manager LP grew its position in shares of Camden Property Trust by 30.7% during the second quarter. Engineers Gate Manager LP now owns 14,519 shares of the real estate investment trust’s stock worth $1,662,000 after buying an additional 3,414 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Camden Property Trust in the second quarter worth $55,000. Squarepoint Ops LLC increased its stake in shares of 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 during the last quarter. Finally, CORDA Investment Management LLC. raised its holdings in Camden Property Trust by 1.6% in the second quarter. CORDA Investment Management LLC. now owns 433,749 shares of the real estate investment trust’s stock valued at $49,660,000 after acquiring an additional 6,836 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Company Profile

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.