Camden Property Trust (NYSE:CPT – Get Free Report) was downgraded by analysts at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.
Several other equities research analysts have also commented on the stock. Stifel Nicolaus set a $118.75 price target on shares of Camden Property Trust in a report on Friday, May 1st. Mizuho lifted their target price 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. Evercore set a $113.00 price target on shares of Camden Property Trust in a research report on Monday, June 8th. Royal Bank Of Canada raised 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, Scotiabank boosted their price objective on Camden Property Trust from $102.00 to $109.00 and gave the stock a “sector underperform” rating in a research note on Thursday, July 9th. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $115.48.
View Our Latest Research Report on Camden Property Trust
Camden Property Trust Stock Performance
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. The business had revenue of $390.92 million during the quarter, compared to analysts’ expectations of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The business’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.72 earnings per share. 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. Analysts expect that Camden Property Trust will post 6.65 EPS for the current fiscal year.
Institutional Trading of Camden Property Trust
A number of hedge funds and other institutional investors have recently made changes to their positions in CPT. Clearstead Advisors LLC increased its stake in Camden Property Trust by 92.0% during the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 138 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in Camden Property Trust in the second quarter valued at about $32,000. Fulcrum Asset Management LLP acquired a new position in Camden Property Trust in the third quarter valued at about $32,000. MUFG Securities EMEA plc purchased a new position in Camden Property Trust during the second quarter worth about $35,000. Finally, Summit Securities Group LLC increased its position in shares of Camden Property Trust by 169.6% during the first quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 268 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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