Camden Property Trust (NYSE:CPT) Price Target Cut to $106.00 by Analysts at Wells Fargo & Company

Camden Property Trust (NYSE:CPT) had its target price cut by Wells Fargo & Company from $110.00 to $106.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have an equal weight rating on the real estate investment trust’s stock.

A number of other analysts have also issued reports on the company. Stifel Nicolaus set a $118.50 price objective on Camden Property Trust in a research note on Friday, February 6th. UBS Group boosted their price objective on Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Barclays decreased their price objective on Camden Property Trust from $119.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Friday, March 6th. Truist Financial boosted their price objective on Camden Property Trust from $116.00 to $118.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Finally, Cantor Fitzgerald boosted their price objective on Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Five investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and a consensus target price of $114.91.

Camden Property Trust Stock Performance

NYSE:CPT opened at $102.50 on Thursday. 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 52-week low of $96.53 and a 52-week high of $121.33. The firm has a market cap of $10.73 billion, a price-to-earnings ratio of 28.95, a PEG ratio of 6.91 and a beta of 0.83. The business’s fifty day moving average is $103.13 and its 200 day moving average is $104.70.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (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 company had revenue of $396.08 million for the quarter, compared to the consensus estimate of $393.05 million. During the same quarter in the previous year, the firm posted $1.73 earnings per share. The business’s revenue for the quarter 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. Research analysts predict that Camden Property Trust will post 6.74 EPS for the current year.

Camden Property Trust declared that its board has approved a stock buyback 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 purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Tuesday, March 31st were given a dividend of $1.06 per share. The ex-dividend date was Tuesday, March 31st. This is a positive change from Camden Property Trust’s previous quarterly dividend of $1.05. This represents a $4.24 annualized dividend and a yield of 4.1%. Camden Property Trust’s dividend payout ratio (DPR) is presently 119.77%.

Insider Buying and Selling

In related news, COO Laurie Baker sold 2,168 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total transaction of $235,011.20. Following the completion of the transaction, the chief operating officer directly owned 94,468 shares in the company, valued at $10,240,331.20. The trade was a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Camden Property Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State Street Corp grew its position in 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 buying an additional 111,215 shares in the last quarter. Viking Global Investors LP grew its position in 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 buying an additional 917,755 shares in the last quarter. Invesco Ltd. grew its position 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 worth $380,035,000 after buying an additional 957,896 shares in the last quarter. Centersquare Investment Management LLC grew its position in 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 buying an additional 98,130 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Camden Property Trust by 64.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock worth $232,698,000 after buying an additional 825,769 shares in the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

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.