Camden Property Trust (NYSE:CPT – Get Free Report) had its target price decreased by stock analysts at Royal Bank Of Canada from $111.00 to $101.00 in a report released on Tuesday, Benzinga reports. The firm currently has a “sector perform” rating on the real estate investment trust’s stock. Royal Bank Of Canada’s target price points to a potential upside of 3.65% from the company’s current price.
CPT has been the topic of several other reports. Mizuho dropped their price target on Camden Property Trust from $125.00 to $116.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $114.00 price target on shares of Camden Property Trust in a research note on Monday, July 20th. Piper Sandler decreased their price objective on Camden Property Trust from $119.00 to $102.00 and set a “neutral” rating for the company in a report on Monday. Weiss Ratings lowered Camden Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Finally, Stifel Nicolaus set a $123.25 price objective on Camden Property Trust in a research report on Friday, July 31st. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and an average target price of $112.95.
View Our Latest Research Report on Camden Property Trust
Camden Property Trust Stock Down 0.2%
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.49). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The firm had revenue of $396.07 million for the quarter, compared to the consensus estimate of $392.88 million. During the same period in the previous year, the firm posted $1.70 earnings per share. The business’s revenue was up 7.4% compared to the same quarter last year. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. As a group, equities analysts expect that Camden Property Trust will post 6.75 EPS for the current fiscal year.
Hedge Funds Weigh In On Camden Property Trust
Several large investors have recently made changes to their positions in CPT. Summit Securities Group LLC lifted its position in Camden Property Trust by 169.6% in the 1st quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 268 shares in the last quarter. Western Wealth Management LLC purchased a new stake in Camden Property Trust during the 1st quarter valued at $55,000. Integrated Wealth Concepts LLC purchased a new stake in Camden Property Trust during the 2nd quarter valued at $55,000. Trust Co. of Vermont purchased a new stake in Camden Property Trust during the 2nd quarter valued at $126,000. Finally, Parallel Advisors LLC increased its holdings in shares of Camden Property Trust by 25.7% in the 1st quarter. Parallel Advisors LLC now owns 1,335 shares of the real estate investment trust’s stock worth $130,000 after purchasing an additional 273 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 (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides residential rental housing and related property-management services, with properties designed to serve a range of residents in major metropolitan areas.
Camden focuses primarily on high-growth markets in the Sun Belt, including communities in Texas, Florida, Georgia, North Carolina, Colorado, Arizona, Nevada, and Tennessee.
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