Camden Property Trust (NYSE:CPT) Rating Increased to Hold at Wall Street Zen

Camden Property Trust (NYSE:CPTGet Free Report) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

A number of other research analysts have also issued reports on the company. Scotiabank dropped their target price on Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating on the stock in a report on Tuesday, November 4th. Bank of America dropped their price objective on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Barclays upped their price objective on shares of Camden Property Trust from $118.00 to $119.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 13th. UBS Group lifted their target price on shares of Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Finally, Royal Bank Of Canada cut their price target on shares of Camden Property Trust from $109.00 to $108.00 and set a “sector perform” rating for the company in a report on Tuesday. Six equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $117.15.

Check Out Our Latest Analysis on CPT

Camden Property Trust Stock Performance

Shares of CPT opened at $108.50 on Friday. The company’s 50 day simple moving average is $107.88 and its 200-day simple moving average is $106.45. The firm has a market cap of $11.54 billion, a PE ratio of 30.65, a price-to-earnings-growth ratio of 7.21 and a beta of 0.82. Camden Property Trust has a 12-month low of $97.17 and a 12-month high of $126.55. The company has a current ratio of 0.14, a quick ratio of 0.13 and a debt-to-equity ratio of 0.88.

Camden Property Trust (NYSE:CPTGet Free Report) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). The business had revenue of $396.08 million for the quarter, compared to analyst estimates of $393.05 million. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.73 EPS. 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. As a group, equities analysts predict that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust declared that its Board of Directors has authorized a stock repurchase program on Thursday, February 5th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to repurchase up to 5.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Insider Activity at Camden Property Trust

In related news, CFO Alexander J. Jessett sold 5,627 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.69, for a total value of $617,225.63. Following the sale, the chief financial officer owned 141,821 shares in the company, valued at $15,556,345.49. This represents a 3.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Richard J. Campo sold 38,021 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.78, for a total value of $4,173,945.38. Following the completion of the transaction, the chief executive officer directly owned 301,156 shares of the company’s stock, valued at $33,060,905.68. The trade was a 11.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 52,288 shares of company stock valued at $5,741,857. 1.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Camden Property Trust

Several large investors have recently bought and sold shares of the company. Legacy Wealth Asset Management LLC raised its stake in shares of Camden Property Trust by 1.6% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 6,074 shares of the real estate investment trust’s stock worth $669,000 after buying an additional 93 shares during the last quarter. Forsta AP Fonden increased its holdings in Camden Property Trust by 0.6% during the 2nd quarter. Forsta AP Fonden now owns 17,400 shares of the real estate investment trust’s stock valued at $1,961,000 after acquiring an additional 100 shares in the last quarter. Intact Investment Management Inc. raised its position in Camden Property Trust by 16.7% during the second quarter. Intact Investment Management Inc. now owns 700 shares of the real estate investment trust’s stock worth $79,000 after acquiring an additional 100 shares during the last quarter. New Mexico Educational Retirement Board lifted its holdings in shares of Camden Property Trust by 2.1% in the fourth quarter. New Mexico Educational Retirement Board now owns 4,900 shares of the real estate investment trust’s stock valued at $539,000 after purchasing an additional 100 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of Camden Property Trust by 45.7% in the second quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 101 shares in the last quarter. Institutional investors and hedge funds 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.

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Analyst Recommendations for Camden Property Trust (NYSE:CPT)

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