Shares of Camden Property Trust (NYSE:CPT – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $105.03 and traded as high as $108.00. Camden Property Trust shares last traded at $107.6430, with a volume of 1,251,785 shares traded.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. Morgan Stanley set a $117.00 price objective on shares of Camden Property Trust in a research note on Friday, May 15th. Stifel Nicolaus set a $118.75 price target on shares of Camden Property Trust in a report on Friday, May 1st. Wall Street Zen downgraded shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Evercore set a $107.00 price objective on Camden Property Trust in a report on Friday, May 1st. Finally, Piper Sandler set a $108.00 target price on Camden Property Trust in a research note on Tuesday, January 27th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Camden Property Trust presently has an average rating of “Hold” and a consensus price target of $112.98.
Check Out Our Latest Stock Report on CPT
Camden Property Trust Price Performance
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. The business had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. Camden Property Trust’s revenue was down .5% compared to the same quarter last year. During the same period last year, the business posted $1.72 EPS. 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. On average, equities research analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.
Camden Property Trust announced that its board 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 reacquire up to 5.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.
Institutional Investors Weigh In On Camden Property Trust
Hedge funds have recently modified their holdings of the business. Abich Financial Wealth Management LLC acquired a new position in Camden Property Trust during the 3rd quarter valued at $25,000. Hantz Financial Services Inc. lifted its stake in shares of Camden Property Trust by 524.4% in the third quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 236 shares during the period. Clearstead Advisors LLC grew its position in Camden Property Trust by 92.0% during the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 138 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Camden Property Trust during the second quarter worth about $32,000. Finally, Fulcrum Asset Management LLP bought a new position in Camden Property Trust during the third quarter valued at about $32,000. 97.22% of the stock is owned by 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.
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