Camden Property Trust (NYSE:CPT) Reaches New 12-Month High Following Analyst Upgrade

Camden Property Trust (NYSE:CPT)’s stock price hit a new 52-week high during mid-day trading on Monday after Jefferies Financial Group upgraded the stock to a strong-buy rating. The stock traded as high as $116.75 and last traded at $116.6490, with a volume of 745518 shares trading hands. The stock had previously closed at $116.31.

A number of other research firms also recently weighed in on CPT. Cantor Fitzgerald decreased their price objective on Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Scotiabank raised their target price on Camden Property Trust from $95.00 to $102.00 and gave the stock a “sector underperform” rating in a research report on Thursday, June 18th. Wells Fargo & Company boosted their price target on Camden Property Trust from $106.00 to $107.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Truist Financial upped their price target on Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. Finally, Wall Street Zen lowered Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Camden Property Trust has a consensus rating of “Hold” and a consensus price target of $114.67.

Hedge Funds Weigh In On Camden Property Trust

Several institutional investors have recently bought and sold shares of the business. Clearstead Advisors LLC increased its stake in shares of Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 138 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Camden Property Trust during the 2nd quarter worth about $32,000. Fulcrum Asset Management LLP acquired a new position in Camden Property Trust during the 3rd quarter worth about $32,000. MUFG Securities EMEA plc bought a new stake in Camden Property Trust during the 2nd quarter worth about $35,000. Finally, Summit Securities Group LLC increased its position in Camden Property Trust by 169.6% in the 1st quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 268 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

The company has a market capitalization of $11.73 billion, a P/E ratio of 32.58, a P/E/G ratio of 8.97 and a beta of 0.80. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. The stock’s 50 day simple moving average is $107.50 and its two-hundred day simple moving average is $106.34.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.28 by $0.12. The business had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. Camden Property Trust’s revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.72 earnings per share. 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, research analysts expect that Camden Property Trust will post 6.65 earnings per share for the current year.

Camden Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be paid a $1.06 dividend. This represents a $4.24 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Camden Property Trust’s dividend payout ratio (DPR) is 118.44%.

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.