Camden Property Trust (NYSE:CPT) Given New $120.00 Price Target at Mizuho

Camden Property Trust (NYSE:CPT) had its price target lifted by equities research analysts at Mizuho from $114.00 to $120.00 in a report issued on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s price target points to a potential upside of 10.82% from the stock’s current price.

CPT has been the topic of a number of other research reports. Royal Bank Of Canada lowered their price target on Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating on the stock in a report on Monday, November 10th. Wells Fargo & Company lowered their price objective on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Cantor Fitzgerald reissued a “neutral” rating and set a $105.00 price objective on shares of Camden Property Trust in a research note on Monday, November 10th. JPMorgan Chase & Co. raised shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 price target on the stock in a research report on Thursday, December 18th. Finally, Evercore ISI reduced their price target on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a research report on Monday, November 3rd. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $117.34.

Camden Property Trust Stock Down 0.5%

NYSE:CPT traded down $0.52 during mid-day trading on Monday, hitting $108.29. The stock had a trading volume of 150,345 shares, compared to its average volume of 1,364,673. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $126.55. The stock has a 50-day simple moving average of $105.57 and a two-hundred day simple moving average of $107.32. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $11.52 billion, a PE ratio of 43.83, a PEG ratio of 3.57 and a beta of 0.81.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, topping the consensus estimate of $1.68 by $0.02. The firm had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. Camden Property Trust’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period last year, the business earned $1.71 EPS. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. On average, equities research analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.

Insider Activity at Camden Property Trust

In other news, CFO Alexander J. Jessett sold 5,627 shares of Camden Property Trust stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $617,225.63. Following the sale, the chief financial officer owned 141,821 shares of the company’s stock, valued at approximately $15,556,345.49. This trade represents a 3.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Laurie Baker sold 531 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $109.79, for a total value of $58,298.49. Following the completion of the sale, the chief operating officer directly owned 96,786 shares in the company, valued at approximately $10,626,134.94. This represents a 0.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 52,288 shares of company stock valued at $5,741,857. Company insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Camden Property Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new stake in Camden Property Trust in the 3rd quarter valued at approximately $25,000. Quent Capital LLC bought a new stake in shares of Camden Property Trust in the third quarter valued at approximately $29,000. Hantz Financial Services Inc. raised its position in Camden Property Trust by 524.4% during the third quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 236 shares in the last quarter. Loomis Sayles & Co. L P acquired a new stake in shares of Camden Property Trust during the 2nd quarter valued at $32,000. Finally, CYBER HORNET ETFs LLC acquired a new position in Camden Property Trust during the 2nd quarter worth about $32,000. 97.22% of the stock is owned by 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.