Barclays Cuts Camden Property Trust (NYSE:CPT) Price Target to $115.00

Camden Property Trust (NYSE:CPT) had its target price reduced by Barclays from $119.00 to $115.00 in a report released on Friday morning,Benzinga reports. They currently have an equal weight rating on the real estate investment trust’s stock.

Several other brokerages have also issued reports on CPT. Bank of America reduced their target price on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Piper Sandler set a $108.00 price target on Camden Property Trust in a report on Tuesday, January 27th. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, January 21st. Wells Fargo & Company cut their price objective on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. Finally, Cantor Fitzgerald increased their price objective on shares of Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Six equities research 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $116.79.

Camden Property Trust Price Performance

Shares of CPT opened at $106.56 on Friday. The company has a market cap of $11.02 billion, a price-to-earnings ratio of 30.10, a price-to-earnings-growth ratio of 7.35 and a beta of 0.82. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $124.60. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.88. The company has a 50 day moving average of $108.58 and a two-hundred day moving average of $106.54.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.29). Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The firm had revenue of $396.08 million during the quarter, compared to analysts’ expectations of $393.05 million. During the same period in the prior year, the firm posted $1.73 earnings per share. Camden Property Trust’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. As a group, analysts predict that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust declared that its board has initiated a share repurchase 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 shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Camden Property Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be given a dividend of $1.06 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a yield of 4.0%. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s payout ratio is 118.64%.

Insider Buying and Selling at Camden Property Trust

In other news, CEO Richard J. Campo sold 5,600 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total value of $617,176.00. Following the sale, the chief executive officer directly owned 295,556 shares of the company’s stock, valued at $32,573,226.76. This represents a 1.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Laurie Baker sold 2,168 shares of the stock in a transaction on 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 sale, the chief operating officer owned 94,468 shares in the company, valued at $10,240,331.20. The trade was a 2.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 54,625 shares of company stock valued at $5,995,193. 1.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Camden Property Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Abich Financial Wealth Management LLC purchased a new position in shares of Camden Property Trust during the 3rd quarter valued at about $25,000. Quent Capital LLC acquired a new stake in Camden Property Trust during the third quarter worth about $29,000. Hantz Financial Services Inc. grew its holdings 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 worth $30,000 after acquiring an additional 236 shares during the period. Loomis Sayles & Co. L P purchased a new position in Camden Property Trust during the second quarter valued at approximately $32,000. Finally, Clearstead Advisors LLC lifted its holdings in Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 138 shares during the period. 97.22% of the stock is owned by institutional investors and hedge funds.

About Camden Property Trust

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.