Camden Property Trust (NYSE:CPT) Given New $114.00 Price Target at JPMorgan Chase & Co.

Camden Property Trust (NYSE:CPT) had its target price hoisted by equities researchers at JPMorgan Chase & Co. from $113.00 to $114.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 3.30% from the stock’s previous close.

Other analysts also recently issued reports about the company. Wall Street Zen downgraded Camden Property Trust from a “sell” rating to a “strong sell” rating in a report on Saturday, August 8th. Cantor Fitzgerald increased their price objective on Camden Property Trust from $102.00 to $111.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Evercore set a $114.00 price target on Camden Property Trust in a research note on Friday, August 7th. Royal Bank Of Canada lifted their price objective on shares of Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Finally, Stifel Nicolaus set a $123.25 target price on shares of Camden Property Trust in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Camden Property Trust has an average rating of “Hold” and a consensus price target of $117.01.

Camden Property Trust Stock Up 1.8%

Shares of CPT stock traded up $1.98 on Thursday, reaching $110.36. 96,216 shares of the stock were exchanged, compared to its average volume of 1,169,365. The company has a market capitalization of $11.10 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 8.24 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 business’s 50 day moving average price is $112.96 and its 200 day moving average price is $107.58. Camden Property Trust has a twelve month low of $96.53 and a twelve month high of $119.81.

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 business had revenue of $396.07 million during the quarter, compared to analysts’ expectations of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The company’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company 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. As a group, sell-side analysts expect that Camden Property Trust will post 6.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Camden Property Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vert Asset Management LLC purchased a new position in Camden Property Trust during the fourth quarter worth $3,150,000. Teacher Retirement System of Texas lifted its position in shares of Camden Property Trust by 517.9% in the fourth quarter. Teacher Retirement System of Texas now owns 267,847 shares of the real estate investment trust’s stock valued at $29,485,000 after acquiring an additional 224,501 shares in the last quarter. M&T Bank Corp lifted its position in shares of Camden Property Trust by 120.5% in the fourth quarter. M&T Bank Corp now owns 19,068 shares of the real estate investment trust’s stock valued at $2,100,000 after acquiring an additional 10,420 shares in the last quarter. CORDA Investment Management LLC. boosted its stake in shares of Camden Property Trust by 90.8% during the first quarter. CORDA Investment Management LLC. now owns 426,913 shares of the real estate investment trust’s stock valued at $41,692,000 after acquiring an additional 203,131 shares during the last quarter. Finally, Coronation Fund Managers Ltd. acquired a new stake in shares of Camden Property Trust during the fourth quarter valued at $17,583,000. Institutional investors and hedge funds 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.