Camden Property Trust (NYSE:CPT – Free Report) had its price objective lowered by Wells Fargo & Company from $113.00 to $110.00 in a research report report published on Tuesday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the real estate investment trust’s stock.
Several other research firms have also commented on CPT. Mizuho increased their price target on shares of Camden Property Trust from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $114.00 price objective on shares of Camden Property Trust in a research report on Monday, July 20th. Wall Street Zen lowered shares of Camden Property Trust from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Jefferies Financial Group raised shares of Camden Property Trust to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Morgan Stanley lowered their target price on shares of Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. Three equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Camden Property Trust currently has a consensus rating of “Hold” and a consensus price target of $116.08.
View Our Latest Research Report on Camden Property Trust
Camden Property Trust Trading Down 0.0%
Camden Property Trust (NYSE:CPT – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The company had revenue of $396.07 million for the quarter, compared to analysts’ expectations of $392.88 million. During the same quarter last year, the company earned $1.70 earnings per share. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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. As a group, equities research analysts predict that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.
Camden Property Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were issued a $1.06 dividend. This represents a $4.24 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio (DPR) is currently 140.40%.
Hedge Funds Weigh In On Camden Property Trust
Several hedge funds have recently modified their holdings of the stock. M&T Bank Corp lifted its stake in Camden Property Trust by 120.5% during the 4th quarter. M&T Bank Corp now owns 19,068 shares of the real estate investment trust’s stock valued at $2,100,000 after acquiring an additional 10,420 shares during the period. Jennison Associates LLC increased its stake in shares of Camden Property Trust by 100.2% in the first quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock worth $117,861,000 after acquiring an additional 603,997 shares during the period. CORDA Investment Management LLC. increased its stake in shares of Camden Property Trust by 90.8% in the first quarter. CORDA Investment Management LLC. now owns 426,913 shares of the real estate investment trust’s stock worth $41,692,000 after acquiring an additional 203,131 shares during the period. Empyrean Capital Partners LP purchased a new position in shares of Camden Property Trust during the first quarter worth $9,180,000. Finally, Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of Camden Property Trust by 32.4% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 269,117 shares of the real estate investment trust’s stock worth $29,624,000 after purchasing an additional 65,919 shares during the last quarter. Institutional investors and hedge funds 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.
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