Camden Property Trust (NYSE:CPT) Stock Moved Down to “Strong Sell” by Wall Street Zen

Wall Street Zen downgraded shares of Camden Property Trust (NYSE:CPT) from a sell rating to a strong sell rating in a research note published on Saturday morning,Wall Street Zen reports.

Several other analysts have also recently issued reports on CPT. UBS Group cut their price target on shares of Camden Property Trust from $105.00 to $101.00 and set a “neutral” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. raised their price target on Camden Property Trust from $113.00 to $114.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. Piper Sandler reduced their target price on shares of Camden Property Trust from $119.00 to $102.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Stifel Nicolaus set a $123.25 price target on Camden Property Trust in a research report on Friday, July 31st. Finally, Morgan Stanley decreased their price objective on shares of Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating for the company in a report on Wednesday, August 12th. Three research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and an average target price of $112.08.

Camden Property Trust Stock Up 0.4%

CPT opened at $98.56 on Friday. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.18. The stock has a market capitalization of $9.91 billion, a price-to-earnings ratio of 32.64, a price-to-earnings-growth ratio of 7.34 and a beta of 0.79. Camden Property Trust has a 12 month low of $95.30 and a 12 month high of $119.81. The business has a 50-day moving average of $102.65 and a two-hundred day moving average of $106.47.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). The firm had revenue of $396.07 million during the quarter, compared to analysts’ expectations of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.70 earnings per share. 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, research analysts expect that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were given a $1.06 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.3%. Camden Property Trust’s dividend payout ratio (DPR) is currently 140.40%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Lido Advisors LLC lifted its position in Camden Property Trust by 4.5% in the first quarter. Lido Advisors LLC now owns 2,904 shares of the real estate investment trust’s stock worth $286,000 after purchasing an additional 124 shares during the period. IFM Investors Pty Ltd raised its holdings in shares of Camden Property Trust by 0.8% in the first quarter. IFM Investors Pty Ltd now owns 17,312 shares of the real estate investment trust’s stock valued at $1,691,000 after buying an additional 132 shares during the last quarter. James T. Borello RIA increased its position in Camden Property Trust by 76.3% in the 3rd quarter. James T. Borello RIA now owns 409 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 177 shares in the last quarter. Patton Fund Management Inc. increased its position in Camden Property Trust by 9.7% in the 1st quarter. Patton Fund Management Inc. now owns 2,318 shares of the real estate investment trust’s stock valued at $226,000 after acquiring an additional 205 shares in the last quarter. Finally, Summit Securities Group LLC increased its position 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 acquiring an additional 268 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.

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.