Camden Property Trust (NYSE:CPT) Hits New 1-Year High – Should You Buy?

Camden Property Trust (NYSE:CPT) shares reached a new 52-week high on Tuesday . The company traded as high as $118.85 and last traded at $118.5250, with a volume of 8820 shares. The stock had previously closed at $116.95.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Truist Financial raised their price objective on shares of Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Royal Bank Of Canada upped their target price on shares of Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Barclays increased their price target on Camden Property Trust from $115.00 to $116.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Jefferies Financial Group upgraded Camden Property Trust to a “strong-buy” rating in a research report on Friday, June 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $114.67.

Camden Property Trust Price Performance

The firm has a market cap of $12.05 billion, a price-to-earnings ratio of 33.46, a P/E/G ratio of 9.04 and a beta of 0.78. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. The company has a 50 day moving average of $109.18 and a 200 day moving average of $106.87.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The firm had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. During the same period in the previous year, the company posted $1.72 earnings per share. The company’s revenue for the quarter was down .5% on a year-over-year basis. 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. Equities research analysts predict that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, June 30th. Camden Property Trust’s payout ratio is 118.44%.

Hedge Funds Weigh In On Camden Property Trust

Several institutional investors and hedge funds have recently modified their holdings of the business. CYBER HORNET ETFs LLC bought a new stake in Camden Property Trust during the 2nd quarter worth approximately $32,000. Clearstead Advisors LLC lifted its stake in 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. Fulcrum Asset Management LLP bought a new position in Camden Property Trust in the third quarter valued at approximately $32,000. MUFG Securities EMEA plc acquired a new position in shares of Camden Property Trust in the second quarter valued at approximately $35,000. Finally, Prosperity Bancshares Inc acquired a new position in shares of Camden Property Trust in the fourth quarter valued at approximately $42,000. 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.