Camden Property Trust (NYSE:CPT) Upgraded to “Strong-Buy” at Jefferies Financial Group

Camden Property Trust (NYSE:CPT) was upgraded by analysts at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Friday,Zacks.com reports.

Several other equities analysts have also recently commented on the stock. Stifel Nicolaus set a $118.75 target price on shares of Camden Property Trust in a research note on Friday, May 1st. Truist Financial upped their price target on shares of Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Wells Fargo & Company increased their price objective on shares of Camden Property Trust from $106.00 to $107.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Mizuho raised their price objective on shares of Camden Property Trust from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. Finally, Scotiabank boosted their target price on Camden Property Trust from $95.00 to $102.00 and gave the stock a “sector underperform” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $114.67.

Camden Property Trust Trading Up 2.4%

Shares of CPT stock opened at $116.27 on Friday. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $116.59. The firm has a market capitalization of $11.69 billion, a PE ratio of 32.48, a price-to-earnings-growth ratio of 8.58 and a beta of 0.80. The stock has a fifty day moving average of $107.50 and a two-hundred day moving average of $106.31. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates 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%. The company’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the business 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 EPS for the current year.

Hedge Funds Weigh In On Camden Property Trust

A number of hedge funds and other institutional investors have recently modified their holdings of CPT. Waterfall Asset Management LLC acquired a new stake in shares of Camden Property Trust during the third quarter valued at approximately $3,257,000. American Century Companies Inc. lifted its position in shares of Camden Property Trust by 21.2% in the 3rd quarter. American Century Companies Inc. now owns 195,488 shares of the real estate investment trust’s stock valued at $20,874,000 after acquiring an additional 34,204 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Camden Property Trust by 4.2% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 293,950 shares of the real estate investment trust’s stock worth $31,388,000 after purchasing an additional 11,809 shares during the period. New Age Alpha Advisors LLC acquired a new position in Camden Property Trust in the 3rd quarter worth approximately $2,345,000. Finally, Teacher Retirement System of Texas grew its position in Camden Property Trust by 517.9% during the 4th quarter. Teacher Retirement System of Texas now owns 267,847 shares of the real estate investment trust’s stock worth $29,485,000 after purchasing an additional 224,501 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 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.