Camden Property Trust (NYSE:CPT) Price Target Lowered to $102.00 at Scotiabank

Camden Property Trust (NYSE:CPT) had its price objective cut by research analysts at Scotiabank from $109.00 to $102.00 in a report released on Thursday, Benzinga reports. The firm presently has a “sector underperform” rating on the real estate investment trust’s stock. Scotiabank’s price target indicates a potential upside of 0.74% from the company’s previous close.

Several other brokerages have also recently weighed in on CPT. UBS Group reiterated a “neutral” rating and issued a $105.00 target price (down from $106.00) on shares of Camden Property Trust in a report on Tuesday. Stifel Nicolaus set a $123.25 price target on Camden Property Trust in a research note on Friday, July 31st. Cantor Fitzgerald lifted their price objective on Camden Property Trust from $102.00 to $111.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Weiss Ratings raised shares of Camden Property Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Finally, Wells Fargo & Company dropped their target price on shares of Camden Property Trust from $113.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. Three research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $115.62.

Camden Property Trust Trading Down 0.1%

Camden Property Trust stock traded down $0.05 during trading hours on Thursday, hitting $101.25. The company had a trading volume of 170,978 shares, compared to its average volume of 1,129,362. The firm has a market cap of $10.18 billion, a P/E ratio of 33.54, a P/E/G ratio of 7.29 and a beta of 0.77. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The company has a 50-day moving average price of $109.22 and a two-hundred day moving average price of $107.20.

Camden Property Trust (NYSE:CPT) last issued its earnings results 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). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The company had revenue of $396.07 million for the quarter, compared to analysts’ expectations of $392.88 million. During the same period last year, the business posted $1.70 earnings per share. The business’s revenue 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. On average, sell-side analysts anticipate that Camden Property Trust will post 6.75 earnings per share for the current year.

Institutional Trading of Camden Property Trust

A number of institutional investors have recently modified their holdings of CPT. Centersquare Investment Management LLC raised its stake in shares of Camden Property Trust by 3.6% during the 4th quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock worth $311,373,000 after acquiring an additional 98,130 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Camden Property Trust by 64.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock worth $232,698,000 after purchasing an additional 825,769 shares during the last quarter. Maverick Capital Ltd. increased its position in shares of Camden Property Trust by 1.6% during the first quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock worth $182,416,000 after purchasing an additional 30,076 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Camden Property Trust by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock worth $156,128,000 after purchasing an additional 37,456 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Camden Property Trust during the 4th quarter valued at $154,587,000. 97.22% of the stock is currently owned by institutional investors.

About Camden Property Trust

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages apartment communities. Its portfolio is focused primarily on multifamily housing, with properties offering a range of apartment floor plans and amenities designed for renters in urban and suburban markets.

The company serves residents across several major metropolitan areas in the U.S. Sun Belt, including markets in Texas, Colorado, Arizona, California, Georgia, North Carolina, Florida, and Tennessee.