Morgan Stanley Cuts Camden Property Trust (NYSE:CPT) Price Target to $119.00

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

Several other research analysts have also recently issued reports on the company. Scotiabank lowered 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 report on Wednesday, March 4th. Piper Sandler set a $108.00 target price on Camden Property Trust in a research 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. UBS Group upped their price target on Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Finally, Wells Fargo & Company dropped their price target on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Five analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $115.16.

Camden Property Trust Trading Down 1.4%

Shares of NYSE:CPT opened at $100.39 on Monday. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $124.32. The company’s 50 day moving average is $107.33 and its two-hundred day moving average is $106.12. The company has a market cap of $10.38 billion, a PE ratio of 28.36, a P/E/G ratio of 6.93 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.29). The firm had revenue of $396.08 million for the quarter, compared to analysts’ expectations of $393.05 million. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.Camden Property Trust’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the firm posted $1.73 earnings per share. 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 earnings per share for the current fiscal year.

Camden Property Trust announced that its board has approved a share buyback program on Thursday, February 5th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to reacquire up to 5.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Camden Property Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st will be given a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.2%. This is an increase from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date is Tuesday, March 31st. Camden Property Trust’s payout ratio is presently 119.77%.

Insider Transactions at Camden Property Trust

In other Camden Property Trust 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 value of $230,787.76. Following the completion of the sale, the director owned 10,205 shares in the company, valued at approximately $1,119,386.45. The trade was a 17.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Richard J. Campo sold 5,600 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 295,556 shares of the company’s stock, valued at $32,573,226.76. The trade was a 1.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,625 shares of company stock valued at $5,995,193 in the last 90 days. Company insiders own 1.80% of the company’s stock.

Institutional Trading of Camden Property Trust

Several institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp grew its position in Camden Property Trust by 1.5% during the 3rd quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock worth $815,470,000 after purchasing an additional 111,215 shares during the last quarter. Viking Global Investors LP increased its stake in 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 purchasing an additional 917,755 shares during the period. Invesco Ltd. raised its holdings 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 valued at $380,035,000 after buying an additional 957,896 shares during the last quarter. Centersquare Investment Management LLC raised its holdings in shares of Camden Property Trust by 3.6% in the fourth 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 buying an additional 98,130 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake 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 buying an additional 825,769 shares during the period. 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.