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 lowered by Morgan Stanley from $123.00 to $119.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the real estate investment trust’s stock. Morgan Stanley’s price target suggests a potential upside of 17.63% from the company’s previous close.

A number of other equities research analysts have also weighed in on the company. Stifel Nicolaus set a $118.50 price objective on Camden Property Trust in a report on Friday, February 6th. UBS Group boosted their price target on Camden Property Trust from $105.00 to $108.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Truist Financial upped their price target on Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Scotiabank dropped their price objective on Camden Property Trust from $115.00 to $113.00 and set a “sector perform” rating for the company in a research note on Wednesday, March 4th. Finally, Wall Street Zen downgraded Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday. Five 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. According to MarketBeat, Camden Property Trust has an average rating of “Hold” and a consensus price target of $115.16.

Camden Property Trust Stock Performance

CPT stock traded up $0.56 on Monday, hitting $101.17. The company’s stock had a trading volume of 150,032 shares, compared to its average volume of 1,212,458. Camden Property Trust has a 1 year low of $97.17 and a 1 year high of $124.32. The stock has a market cap of $10.46 billion, a price-to-earnings ratio of 28.57, a price-to-earnings-growth ratio of 6.85 and a beta of 0.82. The firm has a 50 day moving average of $107.82 and a two-hundred day moving average of $106.30. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.88.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $393.05 million. During the same period in the prior year, the company earned $1.73 earnings per share. The firm’s revenue was up 1.2% on a year-over-year basis. 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. Equities analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.

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

Insider Buying and Selling

In related news, Director Heather J. Brunner sold 2,104 shares of the business’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 transaction of $230,787.76. Following the transaction, the director directly owned 10,205 shares of the company’s stock, valued at approximately $1,119,386.45. The trade was a 17.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Laurie Baker sold 2,168 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total value of $235,011.20. Following the completion of the transaction, the chief operating officer owned 94,468 shares of the company’s stock, valued at approximately $10,240,331.20. This represents a 2.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 54,625 shares of company stock worth $5,995,193 over the last three months. 1.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CPT. Abich Financial Wealth Management LLC purchased a new stake in Camden Property Trust during the 3rd quarter worth approximately $25,000. Quent Capital LLC purchased a new position in shares of Camden Property Trust during the 3rd quarter valued at approximately $29,000. Loomis Sayles & Co. L P acquired a new stake in shares of Camden Property Trust during the second quarter worth approximately $32,000. Hantz Financial Services Inc. grew its position in shares of 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 worth $30,000 after buying an additional 236 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Camden Property Trust in the second quarter worth $32,000. 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.