Truist Financial Issues Pessimistic Forecast for Camden Property Trust (NYSE:CPT) Stock Price

Camden Property Trust (NYSE:CPT) had its target price dropped by Truist Financial from $123.00 to $116.00 in a report issued on Monday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the real estate investment trust’s stock. Truist Financial’s price objective points to a potential upside of 10.07% from the stock’s previous close.

A number of other research analysts have also commented on the company. Bank of America decreased their price objective on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Wells Fargo & Company decreased 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. Stifel Nicolaus raised shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price target on the stock in a research report on Tuesday, August 26th. Piper Sandler dropped their price objective on shares of Camden Property Trust from $117.00 to $111.00 and set a “neutral” rating for the company in a research note on Monday, November 10th. Finally, Mizuho decreased their target price on shares of Camden Property Trust from $115.00 to $114.00 and set an “outperform” rating on the stock in a research report on Monday, November 24th. Six analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $117.57.

Camden Property Trust Stock Up 0.7%

Camden Property Trust stock opened at $105.39 on Monday. The company’s 50-day moving average price is $103.09 and its two-hundred day moving average price is $108.24. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.81. The stock has a market cap of $11.21 billion, a P/E ratio of 42.67, a P/E/G ratio of 3.48 and a beta of 0.82. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $126.55.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, beating the consensus estimate of $1.68 by $0.02. The company had revenue of $398.24 million for the quarter, compared to the consensus estimate of $397.89 million. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.71 earnings per share. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. As a group, analysts expect that Camden Property Trust will post 6.76 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CPT. Abich Financial Wealth Management LLC acquired a new stake in shares of Camden Property Trust in the 3rd quarter valued at $25,000. Quent Capital LLC acquired a new stake in Camden Property Trust in the third quarter valued at about $29,000. Hantz Financial Services Inc. boosted its stake in Camden Property Trust by 524.4% in the third quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 236 shares in the last quarter. Loomis Sayles & Co. L P bought a new position in Camden Property Trust in the second quarter valued at about $32,000. Finally, CYBER HORNET ETFs LLC acquired a new position in Camden Property Trust during the second quarter worth about $32,000. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Camden Property Trust Company Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.