Shares of Camden Property Trust (NYSE:CPT – Get Free Report) have earned a consensus rating of “Hold” from the seventeen analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $115.4063.
A number of equities research analysts have recently weighed in on the stock. Wells Fargo & Company dropped their price objective on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. Barclays reduced their target price on 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. Royal Bank Of Canada lowered their price target on Camden Property Trust from $109.00 to $108.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 10th. Stifel Nicolaus set a $118.50 price target on Camden Property Trust in a research note on Friday, February 6th. Finally, JPMorgan Chase & Co. raised Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 price objective on the stock in a report on Thursday, December 18th.
Camden Property Trust Stock Performance
Camden Property Trust (NYSE:CPT – Get Free Report) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing the consensus estimate 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 company 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 posted $1.73 EPS. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. 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. Sell-side analysts expect that Camden Property Trust will post 6.76 EPS for the current year.
Camden Property Trust declared that its Board of Directors has authorized a stock buyback program on Thursday, February 5th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s management believes its shares are undervalued.
Camden Property Trust Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Tuesday, March 31st will be given a $1.06 dividend. This is an increase from Camden Property Trust’s previous quarterly dividend of $1.05. This represents a $4.24 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Tuesday, March 31st. Camden Property Trust’s payout ratio is currently 118.64%.
Insider Buying and Selling at Camden Property Trust
In other Camden Property Trust news, CEO Richard J. Campo sold 38,021 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.78, for a total transaction of $4,173,945.38. Following the completion of the transaction, the chief executive officer directly owned 301,156 shares of the company’s stock, valued at approximately $33,060,905.68. This trade represents a 11.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Alexander J. Jessett sold 5,627 shares of Camden Property Trust stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.69, for a total transaction of $617,225.63. Following the sale, the chief financial officer owned 141,821 shares of the company’s stock, valued at approximately $15,556,345.49. The trade was a 3.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 54,625 shares of company stock valued at $5,995,193. 1.90% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Abich Financial Wealth Management LLC purchased a new stake in Camden Property Trust in the third quarter valued at $25,000. Quent Capital LLC purchased a new position in shares of Camden Property Trust during the 3rd quarter valued at about $29,000. Hantz Financial Services Inc. lifted its holdings in shares of Camden Property Trust by 524.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 236 shares during the period. Loomis Sayles & Co. L P acquired a new position in shares of Camden Property Trust in the 2nd quarter valued at about $32,000. Finally, Clearstead Advisors LLC boosted 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 worth $32,000 after buying an additional 138 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.
Camden Property Trust Company Profile
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.
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