Camden Property Trust (NYSE:CPT – Get Free Report) had its price objective increased by investment analysts at Cantor Fitzgerald from $105.00 to $108.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s target price indicates a potential upside of 1.18% from the stock’s current price.
CPT has been the topic of several other reports. Bank of America dropped their price target on 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. Stifel Nicolaus set a $118.50 target price on Camden Property Trust in a research note on Friday. Morgan Stanley reduced their price target on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. Scotiabank lowered their price objective on shares of Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, January 21st. Six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $117.26.
Get Our Latest Stock Analysis on CPT
Camden Property Trust Price Performance
Camden Property Trust (NYSE:CPT – Get Free Report) last released its quarterly 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 net margin of 24.43% and a return on equity of 8.36%. The firm had revenue of $396.08 million for the quarter, compared to analyst estimates of $393.05 million. During the same quarter in the prior year, the firm earned $1.73 EPS. 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, analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current year.
Camden Property Trust announced that its Board of Directors has authorized a share repurchase program on Thursday, February 5th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the real estate investment trust to buy up to 5.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.
Insider Buying and Selling
In other Camden Property Trust news, Director Heather J. Brunner sold 2,104 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $230,787.76. Following the transaction, the director owned 10,205 shares in the company, valued at $1,119,386.45. This trade represents a 17.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Alexander J. Jessett sold 5,627 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $617,225.63. Following the completion of the sale, the chief financial officer owned 141,821 shares of the company’s stock, valued at $15,556,345.49. The trade was a 3.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 52,288 shares of company stock worth $5,741,857. Insiders own 1.90% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Camden Property Trust by 1.9% in 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 last quarter. Focus Partners Wealth boosted its holdings in Camden Property Trust by 2.4% in the 1st quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 175 shares during the period. Maryland State Retirement & Pension System grew its position in Camden Property Trust by 8.0% in the 2nd quarter. Maryland State Retirement & Pension System now owns 5,224 shares of the real estate investment trust’s stock worth $589,000 after purchasing an additional 388 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of Camden Property Trust by 45.7% during the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 101 shares during the period. Finally, Aberdeen Group plc raised its position in shares of Camden Property Trust by 6.0% during the second quarter. Aberdeen Group plc now owns 320,516 shares of the real estate investment trust’s stock valued at $35,704,000 after buying an additional 18,219 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.
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.
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