Camden Property Trust (NYSE:CPT) Cut to “Hold” at Jefferies Financial Group

Jefferies Financial Group downgraded shares of Camden Property Trust (NYSE:CPTFree Report) from a strong-buy rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the company. UBS Group cut their price objective on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Morgan Stanley raised their price objective on Camden Property Trust from $117.00 to $120.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. Barclays boosted their target price on Camden Property Trust from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Wall Street Zen lowered Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. Finally, Royal Bank Of Canada increased 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 report on Monday, May 4th. Five analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $115.48.

Read Our Latest Stock Analysis on Camden Property Trust

Camden Property Trust Trading Up 2.3%

Shares of Camden Property Trust stock opened at $114.43 on Tuesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The firm has a market cap of $11.50 billion, a PE ratio of 31.96, a PEG ratio of 8.63 and a beta of 0.78. The company has a 50 day simple moving average of $110.73 and a two-hundred day simple moving average of $107.19.

Camden Property Trust (NYSE:CPTGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The firm had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. During the same quarter in the prior year, the firm earned $1.72 EPS. The business’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. Analysts expect that Camden Property Trust will post 6.65 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th will be given a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 3.7%. The ex-dividend date is Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is presently 118.44%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. CYBER HORNET ETFs LLC purchased a new position in Camden Property Trust in the 2nd quarter worth approximately $32,000. Clearstead Advisors LLC lifted its position in Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 138 shares during the last quarter. Fulcrum Asset Management LLP purchased a new stake in shares of Camden Property Trust during the third quarter valued at approximately $32,000. MUFG Securities EMEA plc bought a new position in shares of Camden Property Trust in the second quarter worth approximately $35,000. Finally, Prosperity Bancshares Inc bought a new position in shares of Camden Property Trust in the fourth quarter worth approximately $42,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.

About Camden Property Trust

(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)

Receive News & Ratings for Camden Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.