Camden Property Trust (NYSE:CPT) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised Camden Property Trust’s price target from $113 to $114 while maintaining a “neutral” rating, implying approximately 3.3% upside from the reported share price.
• Analyst sentiment remains broadly cautious: Camden has an average “Hold” rating and a consensus price target of $117.01, based on five Buy, twelve Hold, and two Sell ratings.
• CPT shares rose 1.8% to $110.36, while the REIT’s latest quarterly revenue increased 7.4% year over year to $396.07 million; however, reported EPS of $0.18 missed the $1.67 consensus estimate.

Camden Property Trust (NYSE:CPT - Get Free Report) had its price target boosted by research analysts at JPMorgan Chase & Co. from $113.00 to $114.00 in a report issued on Thursday,Benzinga reports. The firm currently has a "neutral" rating on the real estate investment trust's stock. JPMorgan Chase & Co.'s price target points to a potential upside of 3.30% from the stock's current price.

Several other analysts also recently commented on CPT. Wells Fargo & Company upped their price objective on shares of Camden Property Trust from $107.00 to $113.00 and gave the company an "equal weight" rating in a report on Wednesday, July 22nd. Cantor Fitzgerald upped their price target on Camden Property Trust from $102.00 to $111.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Wall Street Zen downgraded Camden Property Trust from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 8th. Stifel Nicolaus set a $123.25 price objective on shares of Camden Property Trust in a research report on Friday, July 31st. Finally, Weiss Ratings upgraded Camden Property Trust from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, Camden Property Trust presently has an average rating of "Hold" and an average price target of $117.01.

Camden Property Trust Stock Up 1.8%

NYSE CPT traded up $1.98 during trading on Thursday, hitting $110.36. The company's stock had a trading volume of 96,216 shares, compared to its average volume of 1,169,365. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $119.81. The company has a market cap of $11.10 billion, a PE ratio of 36.52, a P/E/G ratio of 8.24 and a beta of 0.77. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.18. The business's 50 day simple moving average is $112.96 and its 200-day simple moving average is $107.58.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $1.67 by ($1.49). The company had revenue of $396.07 million during the quarter, compared to analyst estimates of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The firm's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the business earned $1.70 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. On average, equities analysts anticipate that Camden Property Trust will post 6.74 EPS for the current fiscal year.

Institutional Investors Weigh In On Camden Property Trust

Several hedge funds and other institutional investors have recently bought and sold shares of CPT. State Street Corp increased its stake in Camden Property Trust by 1.5% during the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust's stock worth $815,470,000 after acquiring an additional 111,215 shares during the last quarter. Viking Global Investors LP grew its stake in shares of Camden Property Trust by 23.9% in the fourth quarter. Viking Global Investors LP now owns 4,764,495 shares of the real estate investment trust's stock valued at $524,476,000 after buying an additional 917,755 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Camden Property Trust by 38.4% in the 4th quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust's stock valued at $380,035,000 after buying an additional 957,896 shares during the period. Centersquare Investment Management LLC grew its position in Camden Property Trust by 3.6% in the 4th quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust's stock valued at $311,373,000 after acquiring an additional 98,130 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position 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 worth $232,698,000 after purchasing an additional 825,769 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.

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.

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