Camden Property Trust (NYSE:CPT – Get Free Report) had its price target raised by analysts at Mizuho from $120.00 to $125.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s price objective would suggest a potential upside of 8.38% from the stock’s previous close.
Several other equities research analysts also recently issued reports on CPT. Royal Bank Of Canada raised their target price on shares of Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research note on Monday, May 4th. Stifel Nicolaus set a $118.75 target price on shares of Camden Property Trust in a research note 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. Wells Fargo & Company raised their target price on shares of Camden Property Trust from $106.00 to $107.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Finally, Evercore set a $113.00 target price on shares of Camden Property Trust in a research note on Monday. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $113.73.
Get Our Latest Stock Analysis on CPT
Camden Property Trust Trading Up 2.1%
Camden Property Trust (NYSE:CPT – Get Free Report) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The business had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. During the same period last year, the business posted $1.72 EPS. Camden Property Trust’s revenue was down .5% on a year-over-year basis. 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. Sell-side analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. State Street Corp increased its holdings in shares of Camden Property Trust by 1.5% during the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock worth $815,470,000 after purchasing an additional 111,215 shares during the period. Viking Global Investors LP increased its holdings in shares of Camden Property Trust by 23.9% during the fourth quarter. Viking Global Investors LP now owns 4,764,495 shares of the real estate investment trust’s stock worth $524,476,000 after purchasing an additional 917,755 shares during the period. Invesco Ltd. increased its holdings 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 period. Centersquare Investment Management LLC increased its holdings in shares of Camden Property Trust by 3.6% during the fourth quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock worth $311,373,000 after purchasing an additional 98,130 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Camden Property Trust by 64.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after acquiring an additional 825,769 shares during the last quarter. 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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