Camden Property Trust (NYSE:CPT) Stock Price Expected to Rise, Scotiabank Analyst Says

Camden Property Trust (NYSE:CPT) had its target price lifted by equities researchers at Scotiabank from $102.00 to $109.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “sector underperform” rating on the real estate investment trust’s stock. Scotiabank’s target price would indicate a potential downside of 4.46% from the company’s previous close.

A number of other equities analysts also recently issued reports on CPT. UBS Group cut their price target on shares of Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Cantor Fitzgerald decreased their price objective on shares of Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Evercore set a $113.00 target price on shares of Camden Property Trust in a research report on Monday, June 8th. Stifel Nicolaus set a $118.75 target price on shares of Camden Property Trust in a report on Friday, May 1st. Finally, Royal Bank Of Canada lifted their price target on shares of Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $115.11.

Camden Property Trust Stock Performance

NYSE:CPT traded up $0.11 during mid-day trading on Thursday, reaching $114.09. The stock had a trading volume of 77,025 shares, compared to its average volume of 1,204,007. Camden Property Trust has a twelve month low of $96.53 and a twelve month high of $119.81. The business has a 50 day simple moving average of $109.75 and a 200 day simple moving average of $106.98. The firm has a market capitalization of $11.47 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 9.07 and a beta of 0.78. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. The business had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior 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, analysts expect that Camden Property Trust will post 6.65 earnings per share for the current fiscal year.

Institutional Trading of Camden Property Trust

Several large investors have recently modified their holdings of CPT. Legacy Wealth Asset Management LLC lifted its holdings in shares of Camden Property Trust by 1.6% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 6,074 shares of the real estate investment trust’s stock valued at $669,000 after acquiring an additional 93 shares in the last quarter. New Mexico Educational Retirement Board lifted its stake in shares of Camden Property Trust by 2.1% during the fourth quarter. New Mexico Educational Retirement Board now owns 4,900 shares of the real estate investment trust’s stock worth $539,000 after purchasing an additional 100 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of Camden Property Trust by 38.1% in the fourth quarter. Hantz Financial Services Inc. now owns 388 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 107 shares during the period. Norinchukin Bank The boosted its position in shares of Camden Property Trust by 1.0% in the third quarter. Norinchukin Bank The now owns 11,178 shares of the real estate investment trust’s stock worth $1,194,000 after buying an additional 107 shares during the period. Finally, Concurrent Investment Advisors LLC grew its stake in shares of Camden Property Trust by 5.6% in the fourth quarter. Concurrent Investment Advisors LLC now owns 2,157 shares of the real estate investment trust’s stock valued at $237,000 after buying an additional 114 shares in 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.