Shares of Camden Property Trust (NYSE:CPT – Get Free Report) have been assigned a consensus recommendation of “Hold” from the eighteen brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $116.7941.
CPT has been the topic of several recent analyst reports. Bank of America cut their price target on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Morgan Stanley dropped their target price on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. Scotiabank cut their target price on shares of Camden Property Trust from $115.00 to $113.00 and set a “sector perform” rating on the stock in a research note on Wednesday, March 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, January 21st. Finally, Cantor Fitzgerald lifted their price target on Camden Property Trust from $105.00 to $108.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th.
Read Our Latest Report on Camden Property Trust
Camden Property Trust Price Performance
Camden Property Trust (NYSE:CPT – Get Free Report) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The business had revenue of $396.08 million during the quarter, compared to analyst estimates of $393.05 million. During the same period in the previous year, the company earned $1.73 earnings per share. The business’s revenue for the quarter was up 1.2% on a year-over-year basis. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. Sell-side analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.
Camden Property Trust Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $1.06 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a yield of 4.0%. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s dividend payout ratio (DPR) is 118.64%.
Camden Property Trust declared that its Board of Directors has approved a stock repurchase program on Thursday, February 5th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the real estate investment trust to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.
Insider Transactions at Camden Property Trust
In other Camden Property Trust news, CEO Richard J. Campo sold 5,600 shares of Camden Property Trust stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total value of $617,176.00. Following the completion of the transaction, the chief executive officer owned 295,556 shares of the company’s stock, valued at $32,573,226.76. The trade was a 1.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, COO Laurie Baker sold 2,168 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total transaction of $235,011.20. Following the sale, the chief operating officer owned 94,468 shares of the company’s stock, valued at approximately $10,240,331.20. The trade was a 2.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 54,625 shares of company stock valued at $5,995,193 over the last 90 days. Insiders own 1.90% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of CPT. Hsbc Holdings PLC raised its stake in Camden Property Trust by 3.4% during the fourth quarter. Hsbc Holdings PLC now owns 523,824 shares of the real estate investment trust’s stock worth $57,722,000 after acquiring an additional 17,270 shares during the period. DGS Capital Management LLC acquired a new position in Camden Property Trust in the fourth quarter valued at approximately $316,000. Pacer Advisors Inc. boosted its stake in Camden Property Trust by 102.3% in the fourth quarter. Pacer Advisors Inc. now owns 17,239 shares of the real estate investment trust’s stock valued at $1,898,000 after acquiring an additional 8,716 shares during the period. Kera Capital Partners Inc. grew its holdings in shares of Camden Property Trust by 162.2% during the fourth quarter. Kera Capital Partners Inc. now owns 6,446 shares of the real estate investment trust’s stock valued at $703,000 after purchasing an additional 3,988 shares during the last quarter. Finally, Compound Planning Inc. grew its holdings in shares of Camden Property Trust by 12.7% during the fourth quarter. Compound Planning Inc. now owns 2,536 shares of the real estate investment trust’s stock valued at $279,000 after purchasing an additional 286 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors.
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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