Camden Property Trust (NYSE:CPT) Given New $114.00 Price Target at Mizuho

Camden Property Trust (NYSE:CPT) had its price target trimmed by Mizuho from $115.00 to $114.00 in a research note published on Monday, MarketBeat reports. The firm currently has an outperform rating on the real estate investment trust’s stock.

Other equities research analysts also recently issued research reports about the company. Cantor Fitzgerald reiterated a “neutral” rating and issued a $105.00 price objective on shares of Camden Property Trust in a report on Monday, November 10th. Citigroup reduced their price objective on Camden Property Trust from $138.00 to $130.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. Wall Street Zen upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Evercore ISI lowered their price target on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a research note on Monday, November 3rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, October 8th. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $118.57.

Camden Property Trust Trading Down 0.6%

Shares of CPT opened at $104.58 on Monday. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82. The firm’s fifty day moving average is $103.53 and its two-hundred day moving average is $109.58. The stock has a market cap of $11.13 billion, a PE ratio of 73.13, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. Camden Property Trust has a 52-week low of $97.17 and a 52-week high of $127.65.

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, beating the consensus estimate of $1.68 by $0.02. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The firm had revenue of $398.24 million during the quarter, compared to analysts’ expectations of $397.89 million. During the same quarter last year, the firm earned $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. Research analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were given a $1.05 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $4.20 annualized dividend and a yield of 4.0%. Camden Property Trust’s dividend payout ratio (DPR) is 170.04%.

Hedge Funds Weigh In On Camden Property Trust

Several institutional investors and hedge funds have recently made changes to their positions in the business. Abich Financial Wealth Management LLC acquired a new stake in shares of Camden Property Trust in the 3rd quarter valued at about $25,000. Quent Capital LLC bought a new stake in shares of Camden Property Trust in the 3rd quarter worth approximately $29,000. Hantz Financial Services Inc. raised its position in shares of Camden Property Trust by 524.4% during the third quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 236 shares during the period. Loomis Sayles & Co. L P purchased a new position in shares of Camden Property Trust in the second quarter worth approximately $32,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Camden Property Trust in the 2nd quarter worth about $32,000. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

About Camden Property Trust

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.