Camden Property Trust (NYSE:CPT – Free Report) – Investment analysts at Wedbush issued their FY2026 earnings per share (EPS) estimates for Camden Property Trust in a research note issued on Monday, February 10th. Wedbush analyst R. Anderson expects that the real estate investment trust will post earnings of $7.04 per share for the year. The consensus estimate for Camden Property Trust’s current full-year earnings is $6.80 per share.
A number of other equities research analysts have also recently weighed in on the company. Wells Fargo & Company reduced their price objective on Camden Property Trust from $127.00 to $120.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Stifel Nicolaus upped their price target on Camden Property Trust from $121.00 to $122.00 and gave the stock a “hold” rating in a research note on Friday, February 7th. Royal Bank of Canada upped their price target on Camden Property Trust from $121.00 to $123.00 and gave the stock a “sector perform” rating in a research note on Monday. Barclays cut their price target on Camden Property Trust from $138.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday, January 24th. Finally, Scotiabank cut their price target on Camden Property Trust from $132.00 to $130.00 and set a “sector perform” rating for the company in a research note on Thursday, November 14th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $126.03.
Camden Property Trust Price Performance
Shares of NYSE CPT opened at $118.46 on Wednesday. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.72. Camden Property Trust has a twelve month low of $90.50 and a twelve month high of $127.69. The stock has a 50 day moving average of $115.30 and a two-hundred day moving average of $119.08. The stock has a market cap of $12.64 billion, a P/E ratio of 78.97, a P/E/G ratio of 4.27 and a beta of 0.94.
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its earnings results on Thursday, February 6th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.05. Camden Property Trust had a return on equity of 3.32% and a net margin of 10.58%.
Institutional Investors Weigh In On Camden Property Trust
Several hedge funds and other institutional investors have recently bought and sold shares of CPT. Vanguard Group Inc. boosted its position in Camden Property Trust by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 17,250,406 shares of the real estate investment trust’s stock valued at $2,001,737,000 after purchasing an additional 125,287 shares during the period. State Street Corp boosted its position in Camden Property Trust by 0.5% during the 3rd quarter. State Street Corp now owns 7,118,930 shares of the real estate investment trust’s stock valued at $886,693,000 after purchasing an additional 36,528 shares during the period. Victory Capital Management Inc. boosted its position in Camden Property Trust by 6.7% during the 4th quarter. Victory Capital Management Inc. now owns 4,400,846 shares of the real estate investment trust’s stock valued at $510,674,000 after purchasing an additional 277,117 shares during the period. FMR LLC boosted its position in Camden Property Trust by 14.5% during the 3rd quarter. FMR LLC now owns 3,297,370 shares of the real estate investment trust’s stock worth $407,324,000 after acquiring an additional 416,701 shares during the period. Finally, Geode Capital Management LLC boosted its position in Camden Property Trust by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 2,816,260 shares of the real estate investment trust’s stock worth $326,032,000 after acquiring an additional 76,429 shares during the period. 97.22% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, Director Heather J. Brunner sold 264 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $110.06, for a total transaction of $29,055.84. Following the sale, the director now directly owns 10,273 shares in the company, valued at approximately $1,130,646.38. This trade represents a 2.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Alexander J. Jessett sold 13,067 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $114.50, for a total value of $1,496,171.50. Following the sale, the chief financial officer now owns 124,246 shares in the company, valued at approximately $14,226,167. The trade was a 9.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,413 shares of company stock valued at $2,895,718. Insiders own 1.80% of the company’s stock.
Camden Property Trust Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 3.55%. This is a positive change from Camden Property Trust’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, March 31st. Camden Property Trust’s dividend payout ratio (DPR) is presently 274.67%.
Camden Property Trust Company Profile
Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.
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