Camden Property Trust (NYSE:CPT) Given New $115.00 Price Target at Barclays

Camden Property Trust (NYSE:CPT) had its target price trimmed by Barclays from $119.00 to $115.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has an equal weight rating on the real estate investment trust’s stock.

CPT has been the topic of a number of other reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, January 21st. Scotiabank reduced their price target on shares of Camden Property Trust from $115.00 to $113.00 and set a “sector perform” rating for the company in a research report on Wednesday. Wall Street Zen upgraded shares of Camden Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Bank of America lowered their price objective on shares of 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. Finally, Mizuho boosted their target price on shares of Camden Property Trust from $114.00 to $120.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Six equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $116.79.

Camden Property Trust Stock Performance

Shares of NYSE CPT traded down $2.08 during midday trading on Friday, reaching $106.56. The company’s stock had a trading volume of 914,088 shares, compared to its average volume of 1,072,496. The stock has a market capitalization of $11.02 billion, a P/E ratio of 30.10, a PEG ratio of 7.46 and a beta of 0.82. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.14 and a quick ratio of 0.14. The firm has a 50 day moving average price of $108.58 and a 200-day moving average price of $106.56. Camden Property Trust has a 12-month low of $97.17 and a 12-month high of $124.60.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 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 business had revenue of $396.08 million for the quarter, compared to analysts’ expectations of $393.05 million. During the same period in the previous year, the business posted $1.73 earnings per share. The business’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. As a group, equities analysts predict that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Tuesday, March 31st will be issued a $1.06 dividend. This is an increase from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 annualized dividend and a yield of 4.0%. Camden Property Trust’s payout ratio is 118.64%.

Camden Property Trust declared that its Board of Directors has authorized a share repurchase program on Thursday, February 5th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the real estate investment trust to buy up to 5.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at Camden Property Trust

In related news, COO Laurie Baker sold 2,168 shares of Camden Property Trust stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total value of $235,011.20. Following the completion of the transaction, the chief operating officer directly owned 94,468 shares in the company, valued at approximately $10,240,331.20. The trade was a 2.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Alexander J. Jessett sold 5,627 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $109.69, for a total transaction of $617,225.63. Following the sale, the chief financial officer directly owned 141,821 shares in the company, valued at $15,556,345.49. The trade was a 3.82% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 54,625 shares of company stock worth $5,995,193. 1.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Camden Property Trust

A number of large investors have recently made changes to their positions in CPT. Maverick Capital Ltd. bought a new stake in shares of Camden Property Trust during the fourth quarter valued at about $202,304,000. Norges Bank bought a new position in shares of Camden Property Trust in the second quarter valued at approximately $160,217,000. Viking Global Investors LP grew its stake in Camden Property Trust by 41.6% during 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 acquiring an additional 1,130,718 shares in the last quarter. Invesco Ltd. grew its stake in 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 valued at $380,035,000 after acquiring an additional 957,896 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Camden Property Trust by 64.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock worth $232,698,000 after acquiring an additional 825,769 shares during the period. 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.