Scotiabank Cuts Camden Property Trust (NYSE:CPT) Price Target to $113.00

Camden Property Trust (NYSE:CPT) had its target price reduced by analysts at Scotiabank from $115.00 to $113.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price target indicates a potential upside of 5.05% from the company’s previous close.

CPT has been the subject of several other reports. UBS Group upped their price objective on Camden Property Trust from $105.00 to $108.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Cantor Fitzgerald boosted their target price on Camden Property Trust from $105.00 to $108.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, January 21st. Piper Sandler set a $108.00 price target on shares of Camden Property Trust in a research note on Tuesday, January 27th. Finally, Mizuho boosted their price objective on shares of Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Six research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $117.03.

Camden Property Trust Stock Down 0.6%

NYSE CPT traded down $0.62 on Wednesday, hitting $107.57. 86,184 shares of the stock were exchanged, compared to its average volume of 1,280,501. Camden Property Trust has a fifty-two week low of $97.17 and a fifty-two week high of $124.61. The company has a 50-day moving average price of $108.63 and a 200-day moving average price of $106.53. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.88. The company has a market cap of $11.12 billion, a PE ratio of 30.39, a PEG ratio of 7.50 and a beta of 0.82.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.29). The firm had revenue of $396.08 million for the quarter, compared to analysts’ expectations of $393.05 million. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.Camden Property Trust’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the firm posted $1.73 earnings per share. 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. Sell-side analysts anticipate that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust declared that its board has approved a stock repurchase program on Thursday, February 5th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to buy up to 5.2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at Camden Property Trust

In other 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 value of $230,787.76. Following the completion of the sale, the director directly owned 10,205 shares of the company’s stock, valued at approximately $1,119,386.45. This represents a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Laurie Baker sold 2,168 shares of Camden Property Trust stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total transaction of $235,011.20. Following the completion of the transaction, the chief operating officer directly owned 94,468 shares in the company, valued at $10,240,331.20. The trade was a 2.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 54,625 shares of company stock valued at $5,995,193 over the last ninety days. 1.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Camden Property Trust

Institutional investors and hedge funds have recently made changes to their positions in the business. Maverick Capital Ltd. acquired a new position in Camden Property Trust in the 4th quarter valued at about $202,304,000. Norges Bank purchased a new position in shares of Camden Property Trust in the 2nd quarter valued at approximately $160,217,000. Viking Global Investors LP increased its holdings in shares of Camden Property Trust by 41.6% in the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after purchasing an additional 1,130,718 shares during the period. Invesco Ltd. raised its stake in shares of Camden Property Trust by 38.4% during the fourth quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock worth $380,035,000 after purchasing an additional 957,896 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Camden Property Trust by 64.1% during 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 period. 97.22% of the stock is owned by hedge funds and other institutional investors.

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.