Camden Property Trust (NYSE:CPT) Price Target Cut to $119.00 by Analysts at Morgan Stanley

Camden Property Trust (NYSE:CPT) had its price objective cut by Morgan Stanley from $123.00 to $119.00 in a report issued on Monday morning,Benzinga reports. They currently have an equal weight rating on the real estate investment trust’s stock.

Several other research firms have also commented on CPT. Stifel Nicolaus set a $118.50 price target on shares of Camden Property Trust in a report on Friday, February 6th. Piper Sandler set a $108.00 price objective on shares of Camden Property Trust in a research note on Tuesday, January 27th. Mizuho raised their target price on shares of Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, January 21st. Finally, Barclays lowered their target price on Camden Property Trust from $119.00 to $115.00 and set an “equal weight” rating for the company in a report on Friday, March 6th. Five analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $115.16.

Camden Property Trust Stock Performance

CPT stock opened at $100.76 on Monday. The stock’s 50 day simple moving average is $107.65 and its 200 day simple moving average is $106.23. Camden Property Trust has a 12-month low of $97.17 and a 12-month high of $124.32. The firm has a market cap of $10.42 billion, a P/E ratio of 28.46, a P/E/G ratio of 6.85 and a beta of 0.82. 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 released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). The business had revenue of $396.08 million during the quarter, compared to analyst estimates of $393.05 million. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.73 EPS. 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. As a group, equities research analysts predict that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Tuesday, March 31st will be issued a $1.06 dividend. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.2%. Camden Property Trust’s dividend payout ratio is 118.64%.

Camden Property Trust announced that its board has authorized a share buyback program on Thursday, February 5th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to buy up to 5.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In other Camden Property Trust news, CFO Alexander J. Jessett sold 5,627 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.69, for a total transaction of $617,225.63. Following the completion of the transaction, the chief financial officer directly owned 141,821 shares of the company’s stock, valued at $15,556,345.49. The trade was a 3.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Laurie Baker sold 2,168 shares of the company’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 owned 94,468 shares of the company’s stock, valued at approximately $10,240,331.20. This trade represents a 2.24% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 54,625 shares of company stock valued at $5,995,193. 1.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Camden Property Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Maverick Capital Ltd. acquired a new stake in Camden Property Trust in the 4th quarter valued at approximately $202,304,000. Norges Bank acquired a new position in Camden Property Trust during the 2nd quarter worth $160,217,000. Viking Global Investors LP boosted its position in Camden Property Trust by 41.6% during the 3rd quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock worth $410,755,000 after acquiring an additional 1,130,718 shares during the period. Invesco Ltd. grew its stake in shares of Camden Property Trust by 38.4% in 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 in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of 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 valued at $232,698,000 after purchasing an additional 825,769 shares during the period. 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.