Camden Property Trust (NYSE:CPT) Short Interest Up 26.0% in January

Camden Property Trust (NYSE:CPT) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 3,919,071 shares, an increase of 26.0% from the December 31st total of 3,111,334 shares. Currently, 3.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,578,795 shares, the short-interest ratio is currently 2.5 days. Based on an average daily trading volume, of 1,578,795 shares, the short-interest ratio is currently 2.5 days. Currently, 3.8% of the shares of the stock are sold short.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CPT shares. Piper Sandler set a $108.00 target price on Camden Property Trust in a research note on Tuesday, January 27th. Mizuho lifted their price objective on Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Truist Financial boosted their price objective on Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. JPMorgan Chase & Co. raised shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 target price on the stock in a research note on Thursday, December 18th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, January 21st. Six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Camden Property Trust currently has an average rating of “Hold” and an average price target of $117.34.

Insider Activity at Camden Property Trust

In other Camden Property Trust news, COO Laurie Baker sold 531 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.79, for a total value of $58,298.49. Following the completion of the sale, the chief operating officer owned 96,786 shares in the company, valued at approximately $10,626,134.94. This trade represents a 0.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Richard J. Campo sold 5,600 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $110.21, for a total transaction of $617,176.00. Following the transaction, the chief executive officer owned 295,556 shares in the company, valued at $32,573,226.76. The trade was a 1.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 52,288 shares of company stock worth $5,741,857 in the last quarter. Insiders own 1.90% of the company’s stock.

Institutional Trading of Camden Property Trust

A number of large investors have recently bought and sold shares of CPT. State Street Corp lifted its stake in Camden Property Trust by 1.5% in the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock valued at $815,470,000 after buying an additional 111,215 shares in the last quarter. Viking Global Investors LP raised its holdings in shares of Camden Property Trust by 41.6% during the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock worth $410,755,000 after acquiring an additional 1,130,718 shares during the period. Geode Capital Management LLC lifted its position in Camden Property Trust by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 2,961,433 shares of the real estate investment trust’s stock valued at $332,432,000 after acquiring an additional 51,357 shares in the last quarter. Centersquare Investment Management LLC boosted its stake in Camden Property Trust by 1.4% in the 3rd quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock worth $291,560,000 after purchasing an additional 38,897 shares during the period. Finally, Invesco Ltd. increased its holdings in Camden Property Trust by 5.0% during the 3rd quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust’s stock worth $266,358,000 after purchasing an additional 119,401 shares in the last quarter. 97.22% of the stock is owned by institutional investors.

Camden Property Trust Trading Down 0.4%

Shares of Camden Property Trust stock traded down $0.47 during trading on Tuesday, hitting $106.83. 1,247,380 shares of the company were exchanged, compared to its average volume of 1,313,874. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.13 and a quick ratio of 0.13. The firm has a market capitalization of $11.37 billion, a P/E ratio of 43.25, a price-to-earnings-growth ratio of 8.52 and a beta of 0.82. The firm’s fifty day moving average price is $107.43 and its 200 day moving average price is $106.65. Camden Property Trust has a 1-year low of $97.17 and a 1-year high of $126.55.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.02. The business had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. Camden Property Trust’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.71 EPS. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. As a group, sell-side analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Wednesday, December 17th were issued a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Wednesday, December 17th. Camden Property Trust’s dividend payout ratio is 170.04%.

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.