Q4 2024 EPS Estimates for Camden Property Trust (NYSE:CPT) Boosted by Wedbush

Camden Property Trust (NYSE:CPT) – Equities research analysts at Wedbush lifted their Q4 2024 earnings per share estimates for Camden Property Trust in a research report issued on Monday, May 6th. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings per share of $1.72 for the quarter, up from their prior estimate of $1.71. Wedbush currently has a “Outperform” rating and a $118.00 price target on the stock. The consensus estimate for Camden Property Trust’s current full-year earnings is $6.72 per share.

Several other research firms have also weighed in on CPT. StockNews.com upgraded shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, April 30th. Barclays downgraded Camden Property Trust from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $138.00 to $100.00 in a research note on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft began coverage on Camden Property Trust in a research note on Tuesday, January 30th. They issued a “hold” rating and a $90.00 target price on the stock. Truist Financial lifted their price objective on Camden Property Trust from $113.00 to $114.00 and gave the stock a “buy” rating in a report on Tuesday, April 9th. Finally, The Goldman Sachs Group initiated coverage on shares of Camden Property Trust in a research report on Thursday, February 22nd. They issued a “buy” rating and a $112.00 price target on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and a consensus target price of $107.06.

Camden Property Trust Stock Up 0.0 %

Shares of NYSE:CPT opened at $105.99 on Wednesday. Camden Property Trust has a 1 year low of $82.81 and a 1 year high of $114.04. The company has a market capitalization of $11.54 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 3.94 and a beta of 0.82. The business has a fifty day moving average price of $98.42 and a two-hundred day moving average price of $95.49. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.43 and a quick ratio of 0.88.

Institutional Trading of Camden Property Trust

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Sei Investments Co. raised its position in shares of Camden Property Trust by 7.5% during the 1st quarter. Sei Investments Co. now owns 330,026 shares of the real estate investment trust’s stock valued at $32,475,000 after buying an additional 22,954 shares in the last quarter. GW Henssler & Associates Ltd. raised its position in Camden Property Trust by 6.6% in the 1st quarter. GW Henssler & Associates Ltd. now owns 3,079 shares of the real estate investment trust’s stock worth $303,000 after purchasing an additional 190 shares during the period. Chilton Capital Management LLC raised its position in Camden Property Trust by 6.9% in the 1st quarter. Chilton Capital Management LLC now owns 150,952 shares of the real estate investment trust’s stock worth $14,938,000 after purchasing an additional 9,723 shares during the period. Susquehanna Fundamental Investments LLC bought a new stake in Camden Property Trust in the 1st quarter worth $2,430,000. Finally, Heartland Advisors Inc. bought a new stake in Camden Property Trust in the 1st quarter worth $11,748,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.

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 58,634 apartment homes across the United States.