Camden Property Trust (NYSE:CPT) Given New $113.00 Price Target at Scotiabank

Camden Property Trust (NYSE:CPT) had its price objective reduced by equities researchers at Scotiabank from $115.00 to $113.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price target suggests a potential upside of 5.05% from the company’s previous close.

Several other research firms have also weighed in on CPT. UBS Group boosted their target price on shares of Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Bank of America reduced their price target on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Royal Bank Of Canada lowered their price objective on Camden Property Trust from $109.00 to $108.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 10th. Mizuho raised their target price on Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Finally, Cantor Fitzgerald lifted their target price on Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $117.03.

Camden Property Trust Trading Down 0.6%

Camden Property Trust stock traded down $0.62 during trading on Wednesday, reaching $107.57. 86,184 shares of the company were exchanged, compared to its average volume of 1,280,501. The stock’s 50 day simple moving average is $108.63 and its two-hundred day simple moving average is $106.53. The company has a market capitalization of $11.12 billion, a P/E ratio of 30.39, a PEG ratio of 7.50 and a beta of 0.82. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.14 and a quick ratio of 0.14. Camden Property Trust has a 52-week low of $97.17 and a 52-week high of $124.61.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The company had revenue of $396.08 million during the quarter, compared to analyst estimates of $393.05 million. During the same period last year, the business earned $1.73 earnings per share. The firm’s revenue was up 1.2% compared to the same quarter last year. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. On average, equities research analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust declared that its board has initiated a stock buyback program on Thursday, February 5th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to reacquire up to 5.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Transactions at Camden Property Trust

In other news, CEO Richard J. Campo sold 38,021 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.78, for a total value of $4,173,945.38. Following the completion of the transaction, the chief executive officer owned 301,156 shares of the company’s stock, valued at approximately $33,060,905.68. This trade represents a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Laurie Baker sold 2,168 shares of Camden Property Trust stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total transaction of $235,011.20. Following the completion of the transaction, the chief operating officer owned 94,468 shares of the company’s stock, valued at $10,240,331.20. This trade represents a 2.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 54,625 shares of company stock valued at $5,995,193. Insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Camden Property Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Camden Property Trust by 1.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock worth $2,257,000 after acquiring an additional 336 shares during the period. Focus Partners Wealth grew its stake in Camden Property Trust by 2.4% during the 1st quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock worth $926,000 after purchasing an additional 175 shares in the last quarter. Y Intercept Hong Kong Ltd increased its holdings in Camden Property Trust by 181.0% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 7,093 shares of the real estate investment trust’s stock worth $799,000 after purchasing an additional 4,569 shares during the period. Arkadios Wealth Advisors raised its position in Camden Property Trust by 27.4% in the 2nd quarter. Arkadios Wealth Advisors now owns 3,270 shares of the real estate investment trust’s stock valued at $369,000 after purchasing an additional 704 shares in the last quarter. Finally, State of Michigan Retirement System raised its position in Camden Property Trust by 0.9% in the 2nd quarter. State of Michigan Retirement System now owns 32,400 shares of the real estate investment trust’s stock valued at $3,651,000 after purchasing an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

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.