Camden Property Trust (NYSE:CPT) Hits New 12-Month Low – Here’s What Happened

Camden Property Trust (NYSE:CPT) hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $95.63 and last traded at $95.8360, with a volume of 27070 shares changing hands. The stock had previously closed at $96.73.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CPT shares. Wall Street Zen upgraded shares of Camden Property Trust from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 19th. Stifel Nicolaus set a $123.25 price target on shares of Camden Property Trust in a research note on Friday, July 31st. Jefferies Financial Group upgraded shares of Camden Property Trust to a “hold” rating in a research note on Wednesday, July 22nd. Wells Fargo & Company reduced their target price on shares of Camden Property Trust from $113.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, September 1st. Finally, Mizuho decreased their target price on shares of Camden Property Trust from $125.00 to $116.00 and set an “outperform” rating for the company in a research note on Tuesday, September 8th. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Camden Property Trust presently has an average rating of “Hold” and an average target price of $114.35.

Camden Property Trust Stock Down 0.5%

The company has a market capitalization of $9.68 billion, a price-to-earnings ratio of 31.80, a PEG ratio of 7.33 and a beta of 0.77. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. The firm’s 50 day simple moving average is $106.33 and its 200-day simple moving average is $106.66.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49). The firm had revenue of $396.07 million during the quarter, compared to analyst estimates of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $1.70 EPS. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. On average, sell-side analysts anticipate that Camden Property Trust will post 6.75 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th will be given a $1.06 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $4.24 annualized dividend and a yield of 4.4%. Camden Property Trust’s dividend payout ratio is presently 140.40%.

Institutional Trading of Camden Property Trust

A number of institutional investors have recently added to or reduced their stakes in the stock. Clearstead Advisors LLC lifted its position in shares of Camden Property Trust by 92.0% during the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 138 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Camden Property Trust by 38.1% in the 4th quarter. Hantz Financial Services Inc. now owns 388 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 107 shares during the period. Summit Securities Group LLC increased its stake in Camden Property Trust by 169.6% in the 1st quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 268 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Camden Property Trust in the 2nd quarter valued at approximately $55,000. Finally, Western Wealth Management LLC acquired a new position in Camden Property Trust during the first quarter worth $55,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.

About Camden Property Trust

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides residential rental housing and related property-management services, with properties designed to serve a range of residents in major metropolitan areas.

Camden focuses primarily on high-growth markets in the Sun Belt, including communities in Texas, Florida, Georgia, North Carolina, Colorado, Arizona, Nevada, and Tennessee.