Camden Property Trust (NYSE:CPT) Price Target Cut to $119.00 by Analysts at Morgan Stanley

Camden Property Trust (NYSE:CPT) had its target price reduced by stock analysts at Morgan Stanley from $123.00 to $119.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has an “equal weight” rating on the real estate investment trust’s stock. Morgan Stanley’s price objective indicates a potential upside of 17.63% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Scotiabank decreased their price objective on shares of Camden Property Trust from $115.00 to $113.00 and set a “sector perform” rating for the company in a report on Wednesday, March 4th. Stifel Nicolaus set a $118.50 target price on Camden Property Trust in a research report on Friday, February 6th. Wall Street Zen downgraded Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday. Royal Bank Of Canada cut their target price on shares of Camden Property Trust from $109.00 to $108.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, January 21st. Five investment 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $115.16.

Camden Property Trust Price Performance

CPT traded up $0.56 during trading on Monday, reaching $101.17. The stock had a trading volume of 150,032 shares, compared to its average volume of 1,212,458. The stock has a market cap of $10.46 billion, a PE ratio of 28.57, a PEG ratio of 6.85 and a beta of 0.82. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.14 and a current ratio of 0.14. Camden Property Trust has a one year low of $97.17 and a one year high of $124.32. The business has a 50-day moving average of $107.82 and a 200-day moving average of $106.30.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results 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 business had revenue of $396.08 million for the quarter, compared to analysts’ expectations of $393.05 million. Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. As a group, equities research analysts anticipate that Camden Property Trust will post 6.76 EPS for the current fiscal year.

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

Insider Buying and Selling

In other Camden Property Trust news, CFO Alexander J. Jessett sold 5,627 shares of the company’s 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 $617,225.63. Following the sale, the chief financial officer owned 141,821 shares in the company, valued at approximately $15,556,345.49. This represents a 3.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Richard J. Campo sold 5,600 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total transaction of $617,176.00. Following the completion of the transaction, the chief executive officer directly owned 295,556 shares in the company, valued at $32,573,226.76. This represents a 1.86% 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 quarter. 1.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Camden Property Trust

Hedge funds have recently made changes to their positions in the stock. Legacy Wealth Asset Management LLC raised its holdings in shares of Camden Property Trust by 1.6% in 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 buying an additional 93 shares during the period. Intact Investment Management Inc. grew its holdings in Camden Property Trust by 16.7% during the 2nd quarter. Intact Investment Management Inc. now owns 700 shares of the real estate investment trust’s stock worth $79,000 after acquiring an additional 100 shares in the last quarter. New Mexico Educational Retirement Board raised its holdings in shares of Camden Property Trust by 2.1% in the 4th quarter. New Mexico Educational Retirement Board now owns 4,900 shares of the real estate investment trust’s stock valued at $539,000 after purchasing an additional 100 shares in the last quarter. Hantz Financial Services Inc. raised its stake in 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 valued at $43,000 after buying an additional 107 shares in the last quarter. Finally, Norinchukin Bank The increased its holdings in shares of Camden Property Trust by 1.0% in the 3rd quarter. Norinchukin Bank The now owns 11,178 shares of the real estate investment trust’s stock valued at $1,194,000 after acquiring an additional 107 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Company Profile

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.