Do Wall Street Analysts Like Camden Property Stock?
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Company Overview: Camden Property Trust (CPT), a Texas-based real estate company with a market cap of $12.4 billion, focuses on multifamily apartment communities in high-growth markets, but has underperformed compared to the broader S&P 500 Index over the past year.
Recent Performance and Outlook: CPT reported better-than-expected Q1 results, leading to a 5.3% increase in share price, and raised its fiscal 2025 core FFO and EPS guidance, while analysts maintain a "Moderate Buy" consensus rating with a potential upside in stock price.
Analyst Views on CPT
Wall Street analysts forecast CPT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPT is 130.12 USD with a low forecast of 118.00 USD and a high forecast of 144.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
8 Buy
7 Hold
1 Sell
Moderate Buy
Current: 106.470
Low
118.00
Averages
130.12
High
144.00
Current: 106.470
Low
118.00
Averages
130.12
High
144.00
About CPT
Camden Property Trust is a real estate investment trust (REIT). The Company and its subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owns and operates approximately 175 properties containing 59,210 apartment homes across the United States. It has three properties under development and will consist of a total of 60,348 apartment homes. Its properties typically consist of mid-rise buildings or two-and three-story buildings in a landscaped setting, as well as high-rise buildings, and provide residents with a variety of amenities common to multifamily rental properties. The Company's properties include Camden Chandler, Camden Copper Square, Camden Foothills, Camden Legacy, and others. Its properties are located in Arizona, California, Colorado, Washington District of Columbia (DC) Metro, Florida and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
