Camden Property Trust (NYSE:CPT) Lowered to “Strong Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of Camden Property Trust (NYSE:CPT) from a sell rating to a strong sell rating in a research note issued to investors on Saturday.

Other equities analysts have also issued research reports about the company. Royal Bank Of Canada raised their target price on Camden Property Trust from $104.00 to $105.00 and gave the stock a “sector perform” rating in a research note on Monday, May 4th. Evercore set a $114.00 price objective on Camden Property Trust in a report on Friday. Weiss Ratings upgraded Camden Property Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Morgan Stanley lifted their target price on Camden Property Trust from $117.00 to $120.00 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $114.00 price target on shares of Camden Property Trust in a report on Monday, July 20th. Five investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $117.25.

Camden Property Trust Trading Up 1.0%

Shares of Camden Property Trust stock opened at $111.86 on Friday. The firm’s 50 day simple moving average is $112.88 and its two-hundred day simple moving average is $107.57. The firm has a market capitalization of $11.25 billion, a price-to-earnings ratio of 37.04, a PEG ratio of 8.51 and a beta of 0.77. Camden Property Trust has a 12-month low of $96.53 and a 12-month high of $119.81. The company has a current ratio of 0.18, a quick ratio of 0.42 and a debt-to-equity ratio of 1.25.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49). The company had revenue of $396.07 million for the quarter, compared to analyst estimates of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.70 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. Analysts predict that Camden Property Trust will post 6.74 EPS for the current year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid a dividend of $1.06 per share. The ex-dividend date was Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.8%. Camden Property Trust’s dividend payout ratio (DPR) is presently 140.40%.

Institutional Trading of Camden Property Trust

A number of hedge funds have recently modified their holdings of the stock. State Street Corp raised its position in Camden Property Trust by 1.5% during 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 boosted its position in Camden Property Trust by 23.9% in the 4th quarter. Viking Global Investors LP now owns 4,764,495 shares of the real estate investment trust’s stock worth $524,476,000 after purchasing an additional 917,755 shares in the last quarter. Invesco Ltd. boosted its position in Camden Property Trust by 38.4% in the 4th quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock worth $380,035,000 after purchasing an additional 957,896 shares in the last quarter. Centersquare Investment Management LLC boosted its position in Camden Property Trust by 3.6% in the 4th quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock worth $311,373,000 after purchasing an additional 98,130 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Camden Property Trust by 64.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after purchasing an additional 825,769 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

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.