Camden Property Trust (NYSE:CPT) Receives $121.17 Average Price Target from Analysts

Shares of Camden Property Trust (NYSE:CPT) have earned an average rating of “Hold” from the seventeen analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $120.0469.

A number of brokerages have recently commented on CPT. Wall Street Zen raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Wells Fargo & Company dropped their price objective on Camden Property Trust from $112.00 to $111.00 and set an “equal weight” rating on the stock in a research note on Monday, October 13th. The Goldman Sachs Group lowered Camden Property Trust from a “neutral” rating to a “sell” rating and decreased their target price for the company from $118.00 to $106.00 in a research report on Wednesday, September 17th. Royal Bank Of Canada lowered their target price on Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating for the company in a report on Monday, August 4th. Finally, Morgan Stanley dropped their price target on Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 13th.

Institutional Investors Weigh In On Camden Property Trust

Large investors have recently modified their holdings of the business. Abich Financial Wealth Management LLC bought a new position in shares of Camden Property Trust during the third quarter valued at approximately $25,000. Quent Capital LLC purchased a new stake in Camden Property Trust during the third quarter worth $29,000. Hantz Financial Services Inc. boosted its position in Camden Property Trust by 524.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 236 shares in the last quarter. Loomis Sayles & Co. L P bought a new stake in Camden Property Trust during the 2nd quarter valued at $32,000. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Camden Property Trust in the 2nd quarter valued at $32,000. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Down 2.4%

NYSE:CPT opened at $99.39 on Tuesday. The company has a market cap of $10.62 billion, a price-to-earnings ratio of 69.50, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $127.65. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. The stock has a fifty day simple moving average of $105.30 and a 200-day simple moving average of $110.72.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The firm had revenue of $398.24 million for the quarter, compared to analysts’ expectations of $397.89 million. During the same period in the prior year, the business posted $1.71 earnings per share. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 4.2%. The ex-dividend date was Tuesday, September 30th. Camden Property Trust’s dividend payout ratio is presently 293.71%.

Camden Property Trust Company Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.