Camden Property Trust (NYSE:CPT) Price Target Raised to $107.00 at Wells Fargo & Company

Camden Property Trust (NYSE:CPT) had its price objective lifted by equities research analysts at Wells Fargo & Company from $106.00 to $107.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price suggests a potential downside of 0.49% from the company’s previous close.

A number of other analysts have also recently weighed in on CPT. Scotiabank cut shares of Camden Property Trust from a “sector perform” rating to a “sector underperform” rating and decreased their price target for the stock from $113.00 to $95.00 in a research report on Thursday, May 14th. Evercore set a $107.00 price objective on Camden Property Trust in a research note on Friday, May 1st. Wall Street Zen lowered Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Cantor Fitzgerald dropped their target price on Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Finally, Stifel Nicolaus set a $118.75 price target on Camden Property Trust in a research report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $113.05.

Camden Property Trust Trading Up 0.9%

Camden Property Trust stock traded up $0.97 during midday trading on Monday, reaching $107.53. The stock had a trading volume of 125,719 shares, compared to its average volume of 1,206,047. The stock’s 50-day simple moving average is $102.66 and its 200 day simple moving average is $105.29. Camden Property Trust has a twelve month low of $96.53 and a twelve month high of $119.00. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42. The stock has a market capitalization of $10.81 billion, a PE ratio of 30.03, a price-to-earnings-growth ratio of 7.92 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, topping the consensus estimate of $0.28 by $0.12. The company had revenue of $390.92 million during the quarter, compared to analyst estimates of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The firm’s revenue was down .5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.72 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. Analysts expect that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust declared that its Board of Directors has initiated a share buyback plan on Thursday, February 5th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Institutional Trading of Camden Property Trust

A number of hedge funds have recently made changes to their positions in the stock. Abich Financial Wealth Management LLC acquired a new stake in Camden Property Trust in the third quarter valued at $25,000. Hantz Financial Services Inc. grew its holdings in Camden Property Trust by 524.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 236 shares in the last quarter. Clearstead Advisors LLC increased its position in shares of Camden Property Trust by 92.0% in the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 138 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Camden Property Trust in the 2nd quarter worth about $32,000. Finally, Fulcrum Asset Management LLP acquired a new stake in shares of Camden Property Trust in the 3rd quarter valued at about $32,000. 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.