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

Jefferies Financial Group upgraded shares of Camden Property Trust (NYSE:CPTFree Report) to a strong-buy rating in a report published on Friday morning,Zacks.com reports.

Several other research analysts have also issued reports on the company. Barclays increased their price target on Camden Property Trust from $115.00 to $116.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Scotiabank increased 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. Stifel Nicolaus set a $118.75 price target on shares of Camden Property Trust in a research report on Friday, May 1st. Royal Bank Of Canada boosted their price target on shares of Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research note on Monday, May 4th. Finally, Truist Financial upped their price objective on shares of Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. One 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’s stock. According to data from MarketBeat, Camden Property Trust currently has an average rating of “Hold” and a consensus price target of $114.67.

Check Out Our Latest Stock Analysis on Camden Property Trust

Camden Property Trust Price Performance

Shares of NYSE CPT opened at $116.27 on Friday. The firm has a market capitalization of $11.69 billion, a P/E ratio of 32.48, a P/E/G ratio of 8.58 and a beta of 0.80. The firm’s 50-day moving average price is $107.50 and its 200-day moving average price is $106.31. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $116.59.

Camden Property Trust (NYSE:CPTGet Free Report) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating 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 company had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. During the same period last year, the business posted $1.72 EPS. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. 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 anticipate that Camden Property Trust will post 6.65 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be paid a $1.06 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $4.24 annualized dividend and a dividend yield of 3.6%. Camden Property Trust’s dividend payout ratio is 118.44%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Waterfall Asset Management LLC bought a new stake in Camden Property Trust during the third quarter worth $3,257,000. American Century Companies Inc. lifted its stake in Camden Property Trust by 21.2% during 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. lifted its stake in Camden Property Trust by 4.2% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 293,950 shares of the real estate investment trust’s stock valued at $31,388,000 after acquiring an additional 11,809 shares in the last quarter. New Age Alpha Advisors LLC purchased a new position in Camden Property Trust during the 3rd quarter worth $2,345,000. Finally, Teacher Retirement System of Texas boosted its holdings 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 acquiring an additional 224,501 shares during the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Camden Property Trust (NYSE:CPT)

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