Camden Property Trust (NYSE:CPT) Sees Strong Trading Volume – Should You Buy?

Camden Property Trust (NYSE:CPT) saw strong trading volume on Monday . 814,038 shares were traded during mid-day 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.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on CPT shares. Wells Fargo & Company lowered their price target on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Morgan Stanley decreased their price objective on Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 13th. Piper Sandler decreased their price target on Camden Property Trust from $117.00 to $111.00 and set a “neutral” rating on the stock in a report on Monday, November 10th. Barclays set a $118.00 price target on shares of Camden Property Trust and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Finally, Bank of America dropped their price objective on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Six research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Camden Property Trust has a consensus rating of “Hold” and a consensus price target of $117.57.

Camden Property Trust Stock Up 0.5%

The business’s fifty day moving average price is $103.09 and its two-hundred day moving average price is $108.24. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.13 and a quick ratio of 0.13. The stock has a market capitalization of $11.27 billion, a PE ratio of 42.87, a price-to-earnings-growth ratio of 3.48 and a beta of 0.82.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The business had revenue of $398.24 million during the quarter, compared to analyst estimates of $397.89 million. During the same quarter last year, the business posted $1.71 EPS. The company’s revenue was up 2.2% on a year-over-year basis. 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. On average, equities research analysts forecast that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Wednesday, December 17th will be issued a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 4.0%. The ex-dividend date is Wednesday, December 17th. Camden Property Trust’s dividend payout ratio is presently 170.04%.

Institutional Investors Weigh In On Camden Property Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp raised its holdings in Camden Property Trust by 1.5% in the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock valued at $815,470,000 after acquiring an additional 111,215 shares in the last quarter. Viking Global Investors LP increased its holdings in shares of Camden Property Trust by 41.6% in 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 acquiring an additional 1,130,718 shares during the period. Geode Capital Management LLC raised its holdings in shares of Camden Property Trust by 1.8% in the second quarter. Geode Capital Management LLC now owns 2,961,433 shares of the real estate investment trust’s stock valued at $332,432,000 after buying an additional 51,357 shares during the last quarter. Centersquare Investment Management LLC grew its stake in shares of Camden Property Trust by 1.4% in the 3rd quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock valued at $291,560,000 after purchasing an additional 38,897 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Camden Property Trust by 5.0% in the 3rd quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust’s stock valued at $266,358,000 after buying an additional 119,401 shares during the period. 97.22% of the stock is owned by hedge funds and other institutional investors.

About Camden Property Trust

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.