Scotiabank Forecasts Strong Price Appreciation for Camden Property Trust (NYSE:CPT) Stock

Camden Property Trust (NYSE:CPT) had its price objective increased by equities researchers at Scotiabank from $102.00 to $109.00 in a research note issued on Thursday, Marketbeat Ratings reports. The firm presently has a “sector underperform” rating on the real estate investment trust’s stock. Scotiabank’s price objective points to a potential downside of 3.52% from the stock’s previous close.

CPT has been the topic of several other research reports. Morgan Stanley raised their price target on shares of Camden Property Trust from $117.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 25th. Jefferies Financial Group raised shares of Camden Property Trust to a “strong-buy” rating in a research report on Friday, June 26th. Cantor Fitzgerald dropped their target price on shares of Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a research report on Monday, April 20th. Finally, Barclays raised their target price on shares of Camden Property Trust from $115.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $115.11.

Camden Property Trust Price Performance

CPT opened at $112.98 on Thursday. The business has a fifty day moving average of $110.05 and a 200 day moving average of $107.06. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $119.81. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. The stock has a market cap of $11.36 billion, a P/E ratio of 31.56, a PEG ratio of 8.74 and a beta of 0.78.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The business had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. During the same period last year, the company earned $1.72 earnings per share. The business’s revenue for the quarter was down .5% compared to the same quarter last year. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. As a group, sell-side analysts anticipate that Camden Property Trust will post 6.65 EPS for the current year.

Institutional Trading of Camden Property Trust

A number of hedge funds have recently added to or reduced their stakes in CPT. CYBER HORNET ETFs LLC purchased a new position in Camden Property Trust during the 2nd quarter valued at about $32,000. Clearstead Advisors LLC lifted its position in shares of Camden Property Trust by 92.0% in the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 138 shares during the period. Fulcrum Asset Management LLP bought a new position in shares of Camden Property Trust during the third quarter valued at approximately $32,000. MUFG Securities EMEA plc bought a new position in shares of Camden Property Trust during the second quarter valued at approximately $35,000. Finally, Prosperity Bancshares Inc bought a new position in shares of Camden Property Trust during the fourth quarter valued at approximately $42,000. 97.22% of the stock is owned by hedge funds and other 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.