Camden Property Trust (NYSE:CPT) Price Target Cut to $110.00 by Analysts at Wells Fargo & Company

Camden Property Trust (NYSE:CPT) had its price objective reduced by equities research analysts at Wells Fargo & Company from $113.00 to $110.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage presently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target points to a potential upside of 3.62% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. UBS Group reduced their price target on shares of Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Barclays raised their target price on Camden Property Trust from $122.00 to $123.00 and gave the company an “equal weight” rating in a research note on Monday, August 17th. Morgan Stanley reduced their price objective on Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. Mizuho increased their target price on Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Finally, Jefferies Financial Group upgraded shares of Camden Property Trust to a “hold” rating in a report on Wednesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Camden Property Trust currently has a consensus rating of “Hold” and an average target price of $116.08.

Camden Property Trust Trading Up 0.3%

Shares of NYSE:CPT traded up $0.36 during midday trading on Tuesday, reaching $106.16. The company’s stock had a trading volume of 41,197 shares, compared to its average volume of 1,142,432. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $119.81. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a 50 day moving average price of $111.84 and a two-hundred day moving average price of $107.58. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 35.13, a PEG ratio of 7.54 and a beta of 0.77.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. New Mexico Educational Retirement Board grew its position in Camden Property Trust by 2.1% during the fourth quarter. New Mexico Educational Retirement Board now owns 4,900 shares of the real estate investment trust’s stock valued at $539,000 after acquiring an additional 100 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Camden Property Trust by 38.1% in the 4th quarter. Hantz Financial Services Inc. now owns 388 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 107 shares during the last quarter. Norinchukin Bank The lifted its stake in shares of Camden Property Trust by 1.0% in the 3rd quarter. Norinchukin Bank The now owns 11,178 shares of the real estate investment trust’s stock valued at $1,194,000 after acquiring an additional 107 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in Camden Property Trust by 5.6% during the 4th quarter. Concurrent Investment Advisors LLC now owns 2,157 shares of the real estate investment trust’s stock worth $237,000 after acquiring an additional 114 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Camden Property Trust by 2.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,029 shares of the real estate investment trust’s stock worth $554,000 after purchasing an additional 115 shares during the period. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Company Profile

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.