Jefferies Financial Group Upgrades Camden Property Trust (NYSE:CPT) to Hold

Camden Property Trust (NYSE:CPTGet Free Report) was upgraded by investment analysts at Jefferies Financial Group to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

CPT has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $114.00 price target on shares of Camden Property Trust in a research report on Monday. Wells Fargo & Company raised their price objective on Camden Property Trust from $107.00 to $113.00 and gave the company an “equal weight” rating in a research report on Wednesday. Morgan Stanley boosted their price objective on Camden Property Trust from $117.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 25th. Royal Bank Of Canada upped their target price on Camden Property Trust from $104.00 to $105.00 and gave the stock a “sector perform” rating in a research report on Monday, May 4th. Finally, Wall Street Zen lowered Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. Five research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $116.40.

Get Our Latest Stock Report on CPT

Camden Property Trust Trading Up 0.8%

NYSE CPT opened at $112.90 on Wednesday. The firm has a market capitalization of $11.35 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 8.63 and a beta of 0.78. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42. Camden Property Trust has a one year low of $96.53 and a one year high of $119.81. The company’s 50 day moving average price is $111.52 and its 200 day moving average price is $107.27.

Camden Property Trust (NYSE:CPTGet Free Report) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. During the same period in the previous year, the firm earned $1.72 earnings per share. Camden Property Trust’s revenue for the quarter was down .5% on a year-over-year basis. 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. On average, sell-side analysts predict that Camden Property Trust will post 6.66 EPS for the current year.

Institutional Investors Weigh In On Camden Property Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Camden Property Trust by 1.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock worth $2,257,000 after acquiring an additional 336 shares during the last quarter. Focus Partners Wealth boosted its holdings in Camden Property Trust by 2.4% in the first quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 175 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in Camden Property Trust by 4.8% in the second quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust’s stock valued at $518,000 after purchasing an additional 210 shares during the last quarter. Walleye Capital LLC acquired a new stake in Camden Property Trust during the 2nd quarter valued at approximately $219,000. Finally, Federated Hermes Inc. grew its stake in Camden Property Trust by 265.0% during the 2nd quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust’s stock valued at $554,000 after purchasing an additional 3,570 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Company Profile

(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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