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Camden Property TrustNYSE:CPT Stock Report

Market Cap US$11.0b
Share Price
US$108.89
US$112.85
3.5% undervalued intrinsic discount
1Y-7.4%
7D0.7%
1D
Portfolio Value
View

Camden Property Trust

NYSE:CPT Stock Report

Market Cap: US$11.0b

Camden Property Trust (CPT) Stock Overview

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. More details

CPT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health0/6
Dividends5/6

CPT Community Fair Values

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See what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.

Camden Property Trust Competitors

Price History & Performance

Summary of share price highs, lows and changes for Camden Property Trust
Historical stock prices
Current Share PriceUS$108.89
52 Week HighUS$119.00
52 Week LowUS$96.53
Beta0.82
1 Month Change4.32%
3 Month Change0.23%
1 Year Change-7.39%
3 Year Change-3.85%
5 Year Change-18.02%
Change since IPO373.43%

Recent News & Updates

Narrative Update Jun 01

CPT: Sunbelt Supply And Rent Pressures Will Shape 2026 Balanced Outlook

Analyst targets for Camden Property Trust have edged lower, with the fair value estimate moving from about $112.99 to $112.85 as analysts adjust assumptions around rent levels, margins, and future P/E following recent price target changes and downgrades for the stock. Analyst Commentary Recent research reflects a mixed view on Camden Property Trust, with several price target cuts, a downgrade, and a few modest upward revisions.
Seeking Alpha May 23

Camden Property Trust: An Investment-Grade Apartment REIT Betting On Sunbelt Growth

Summary Camden Property Trust is rated a hold, driven by Sunbelt exposure, robust migration trends, and proven top-line growth. CPT maintains high occupancy rates (~95%), ongoing portfolio expansion, and a history of revenue growth, despite recent Q1 earnings misses and some downgrades. Balance sheet strength is underscored by investment-grade ratings, modest leverage, geographic diversification, and positive operating cash flow growth. Dividend coverage appears solid, and CPT trades at a valuation that may offer long-term upside despite near-term NOI softness and mixed peer performance. Chart technicals have not yet confirmed a bullish trend but more of a neutral or speculative pattern. Read the full article on Seeking Alpha
Narrative Update May 18

CPT: Sunbelt Headwinds And Buybacks Will Shape 2026 Balanced Outlook

Analysts have trimmed the price target on Camden Property Trust by about $1, reflecting slightly lower fair value estimates as they factor in expectations for softer Sunbelt rent growth and prolonged absorption of new supply. Analyst Commentary Recent research on Camden Property Trust shows a mix of cautious and constructive views, with several firms adjusting price targets and ratings as they reassess Sunbelt rent growth and supply absorption.
Narrative Update May 04

CPT: 2026 Buybacks And Spring Leasing Will Shape Balanced Outlook

Analysts have adjusted the price target for Camden Property Trust slightly lower to about $114, reflecting updated discount rate and sector assumptions after several firms trimmed their targets into a $113 to $119 range, while still indicating potential for modest revenue growth and margin improvement. Analyst Commentary Recent research updates point to a mixed but generally balanced view on Camden Property Trust, with price targets clustered in the low to mid US$110s and ratings largely in the middle of the range.

Recent updates

Narrative Update Jun 01

CPT: Sunbelt Supply And Rent Pressures Will Shape 2026 Balanced Outlook

Analyst targets for Camden Property Trust have edged lower, with the fair value estimate moving from about $112.99 to $112.85 as analysts adjust assumptions around rent levels, margins, and future P/E following recent price target changes and downgrades for the stock. Analyst Commentary Recent research reflects a mixed view on Camden Property Trust, with several price target cuts, a downgrade, and a few modest upward revisions.
Seeking Alpha May 23

Camden Property Trust: An Investment-Grade Apartment REIT Betting On Sunbelt Growth

Summary Camden Property Trust is rated a hold, driven by Sunbelt exposure, robust migration trends, and proven top-line growth. CPT maintains high occupancy rates (~95%), ongoing portfolio expansion, and a history of revenue growth, despite recent Q1 earnings misses and some downgrades. Balance sheet strength is underscored by investment-grade ratings, modest leverage, geographic diversification, and positive operating cash flow growth. Dividend coverage appears solid, and CPT trades at a valuation that may offer long-term upside despite near-term NOI softness and mixed peer performance. Chart technicals have not yet confirmed a bullish trend but more of a neutral or speculative pattern. Read the full article on Seeking Alpha
Narrative Update May 18

CPT: Sunbelt Headwinds And Buybacks Will Shape 2026 Balanced Outlook

Analysts have trimmed the price target on Camden Property Trust by about $1, reflecting slightly lower fair value estimates as they factor in expectations for softer Sunbelt rent growth and prolonged absorption of new supply. Analyst Commentary Recent research on Camden Property Trust shows a mix of cautious and constructive views, with several firms adjusting price targets and ratings as they reassess Sunbelt rent growth and supply absorption.
Narrative Update May 04

CPT: 2026 Buybacks And Spring Leasing Will Shape Balanced Outlook

Analysts have adjusted the price target for Camden Property Trust slightly lower to about $114, reflecting updated discount rate and sector assumptions after several firms trimmed their targets into a $113 to $119 range, while still indicating potential for modest revenue growth and margin improvement. Analyst Commentary Recent research updates point to a mixed but generally balanced view on Camden Property Trust, with price targets clustered in the low to mid US$110s and ratings largely in the middle of the range.
Narrative Update Apr 19

CPT: 2026 Buybacks And Leasing Trends Will Shape Balanced Risk Reward

The updated analyst price target for Camden Property Trust has been reduced by about $1 to reflect modestly softer assumptions for fair value, revenue growth, and profit margins, as analysts incorporate refreshed Q4 and FY26 models along with more cautious sector estimates across U.S. multifamily REITs. Analyst Commentary Recent Street research on Camden Property Trust clusters around modest downward revisions to price targets, with most firms maintaining neutral ratings as they refresh models for Q4 results, FY26 assumptions, and broader multifamily sector conditions. Bullish Takeaways Bullish analysts are still willing to raise price targets in some cases.
Narrative Update Apr 05

CPT: 2026 Buybacks And Apartment Supply Trends Will Support Future Upside

Analysts have nudged their price targets on Camden Property Trust slightly lower, with a cluster of revisions in the $113 to $120 range, tied to updated earnings models, refreshed 2026 outlooks for U.S. multifamily REITs, and sector wide estimate changes. Analyst Commentary Recent research paints a mixed picture for Camden Property Trust, with price targets now clustering between $108 and $120 and ratings largely sitting in the middle of the scale.
Narrative Update Mar 21

CPT: Buybacks And 2026 Apartment Fundamentals Will Support Future Upside Potential

Narrative Update The analyst price target for Camden Property Trust has edged lower by a few dollars to reflect updated sector estimates, slightly softer modeled revenue growth and margins, and a higher assumed discount rate, even though some firms maintain Equal Weight or Neutral stances on the shares. Analyst Commentary Recent research on Camden Property Trust reflects a mix of cautious adjustments and selective optimism, with most firms fine tuning targets rather than making major rating changes.
Narrative Update Mar 07

CPT: Buybacks And 2026 Apartment Conditions Are Expected To Support Steady Outcomes

Analysts have inched their average price target on Camden Property Trust to $115.52 from $115.48. This reflects a mix of slightly lower sector level targets and modestly firmer margin assumptions in recent research updates.
Narrative Update Feb 21

CPT: Buybacks And 2026 Apartment Fundamentals Are Expected To Support Balanced Outcomes

Analysts made a modest upward adjustment to their fair value estimate for Camden Property Trust to about $115.48 from $115.25, reflecting recent price target tweaks across the Street that balance cautious views on revenue growth with updated expectations for profitability and future price-to-earnings (P/E) levels. Analyst Commentary Recent research on Camden Property Trust shows a mix of cautious and constructive opinions, with several firms fine tuning price targets as they update views on the broader real estate investment trust group and the apartment sector specifically.
Narrative Update Feb 07

CPT: Buybacks And 2026 Apartment REIT Turnaround Are Expected To Support Balanced Outcomes

Narrative Update The analyst price target for Camden Property Trust has been trimmed by about $0.60 to $115.25, as analysts factor in slightly higher discount rates, modestly softer revenue growth and profit margin assumptions, and a higher future P/E outlook following a mix of recent target raises and reductions across the Street. Analyst Commentary Recent research on Camden Property Trust reflects a mixed but generally balanced view, with some analysts lifting price targets and others trimming them as they refine assumptions on earnings power, P/E levels, and sector positioning.
Narrative Update Jan 24

CPT: Buybacks And 2026 REIT Turnaround Are Expected To Support Balanced Outcomes

Narrative Update The updated analyst price target for Camden Property Trust edges slightly lower to about $115.85 from roughly $116.07, as analysts factor in modestly softer fair value, revenue growth, and profit margin assumptions, along with a slightly higher future P/E multiple and discount rate. Analyst Commentary Recent research on Camden Property Trust reflects a mix of cautious and constructive views, with price targets adjusted in both directions and ratings generally clustered around Neutral or equivalent, with some more positive stances.
Narrative Update Jan 10

CPT: Buybacks And Pivotal 2026 REIT Turnaround Are Expected To Support Balanced Returns

Analysts have made a small upward adjustment to the fair value estimate for Camden Property Trust to about $116.07. Recent price target moves in the $108 to $120.50 range reflect updated views on REIT sector conditions, macro trends, and expected apartment supply pressures.
Narrative Update Dec 25

CPT: Resilient Operating Trends And Buybacks Will Support Balanced Returns Ahead

Analysts have trimmed their consolidated price target on Camden Property Trust by approximately $1 to reflect slightly lower growth and margin assumptions, even as they highlight broadly resilient operating conditions for residential REITs. Analyst Commentary Recent Street research on Camden Property Trust reflects a generally constructive view on fundamentals, even as analysts modestly recalibrate price targets to reflect updated growth and margin assumptions. Bullish Takeaways Bullish analysts are maintaining positive or favorable ratings, indicating confidence that Camden can execute on its strategy and sustain earnings growth despite near term macro headwinds.
Narrative Update Dec 11

CPT: Healthy Operating Trends And Buybacks Will Support Upside Into 2025

Analysts have nudged their average price target for Camden Property Trust slightly lower by about $1 to reflect modestly softer long term growth and margin assumptions, even as they continue to cite broadly healthy operating conditions for residential REITs. Analyst Commentary Analysts are broadly maintaining constructive views on Camden Property Trust, even as they trim price targets to reflect more conservative assumptions around long term growth and profitability. The updated targets still sit above recent trading levels, indicating that the Street sees upside potential but with less room for execution missteps.
Narrative Update Nov 27

CPT: Modest Price Adjustments And Share Buyback Will Shape 2025 Outlook

Analysts have slightly reduced their price targets for Camden Property Trust, reflecting a modest adjustment in fair value estimates to $117.11. Recent analyst reports cite generally stable operating performance amid continued macroeconomic and labor market uncertainties.
Narrative Update Oct 31

CPT: Sunbelt Recovery And Sector Discounts Will Support Outperformance Ahead

Analysts have moderately lowered their price targets on Camden Property Trust, citing modestly reduced assumptions for profit margin and revenue growth. This has led to an average downward adjustment of several dollars per share as national job growth softens and sector-wide valuations reset.
Narrative Update Oct 17

Sustained Sun Belt Migration Will Define Future Rental Markets

The analyst price target for Camden Property Trust has been revised downward, decreasing by approximately $0.65 to reflect updated forecasts and cautious analyst sentiment in light of shifting market and operational dynamics. Analyst Commentary Recent analyst updates for Camden Property Trust reflect a balance of optimism and caution across the apartment REIT sector.
Narrative Update Oct 03

Sustained Sun Belt Migration Will Define Future Rental Markets

The average analyst price target for Camden Property Trust has decreased slightly by $1. This change reflects updated outlooks for sector performance and moderated estimates for future growth and profitability.
Narrative Update Sep 05

Sustained Sun Belt Migration Will Define Future Rental Markets

Analysts cite improving Sunbelt fundamentals, attractive valuations, and Camden’s relative outperformance despite sector headwinds and cautious near-term FFO outlooks, resulting in the consensus price target remaining unchanged at $122.90. Analyst Commentary Bullish analysts cite improving fundamentals in Sunbelt markets, with supply trending lower and stabilizing demand for multi-family properties.
Seeking Alpha Apr 08

Camden Property Trust: Buy High Quality At A Discount

Summary Camden Property Trust is a high-quality multifamily REIT with a Sunbelt-focused portfolio, benefiting from population and job growth in Texas and the Southeast. The recent market pullback has made CPT an attractive buy, lowering its P/FFO to 16.3 and raising its dividend yield to 3.8%. CPT carries strong fundamentals, including a solid balance sheet, high occupancy rates, and resilient demand, positioning it well for long-term growth. With a discounted valuation and potential for 5-7% annual FFO/share growth, CPT offers a compelling entry point for value-oriented investors. Read the full article on Seeking Alpha
Seeking Alpha Feb 15

Camden Property Trust Q4 Earnings: Still A Buy As The Market Turns A Corner

Summary Multifamily housing is a growing asset class driven by housing unaffordability and a transient workforce, making CPT an attractive long-term investment. Despite market challenges, CPT's Q4 earnings show resilience with modest NOI growth and a strategic focus on acquisitions and capital recycling. CPT's core markets, particularly in North Carolina, show strong performance, while management plans to rebalance market exposure to ensure consistent cash flow. CPT faces financial drags from higher interest rates and market oversupply but remains well-positioned for future growth with a Buy rating. Read the full article on Seeking Alpha
Seeking Alpha Nov 06

3 Reasons I Just Invested In Camden Property Trust

Summary The market is experiencing volatility due to rising ten-year treasury yields and election uncertainties, impacting sectors like REITs, especially net lease and multifamily REITs. CPT is a leading multifamily REIT with a strong portfolio and a conservative capital structure. Multifamily market fundamentals are improving with strong demand, rent growth, and reduced new construction, benefiting CPT despite recent stock price declines. CPT presents a long-term investment opportunity with positive market dynamics and a Buy rating, leveraging strong demand, rent growth, and limited new supply. Read the full article on Seeking Alpha
Seeking Alpha Oct 12

Camden Property: Going Long On An Outperformer

Summary Camden Property Trust has outperformed other multifamily REITs, achieving a total return of 23.33% over five years, driven by its Sunbelt market focus. Despite challenges in 2024 due to elevated deliveries, the REIT maintains strong liquidity and solid credit ratings, with a conservative debt maturity schedule and sustainable dividend payout. The landscape for multifamily real estate is expected to improve in 2025 and 2026, and since the shares are fairly valued, I rate the stock as a buy. Read the full article on Seeking Alpha
Seeking Alpha Sep 24

Camden Property Trust: Reviving Apartment Rental Market Supports A Buy Thesis

Summary Camden Property Trust will likely see a tailwind as the Federal Reserve is expected to cut rates, enhancing its attractive dividend yield. The apartment rental market is recovering from oversupply, benefiting Camden Property Trust's occupancy rates and rental growth. CPT showcases strong financial health with a reasonable valuation multiple. Read the full article on Seeking Alpha
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New Narrative Aug 22

Oversupply Risks And High Operational Costs Threaten Multifamily REIT's Profit Growth

High construction activity may result in oversupply, limiting Camden Property Trust's rent growth and occupancy rates, affecting revenue and net income.
Seeking Alpha Aug 08

Camden Property Trust: Thesis Materialization Within A Year

Summary Apartment REITs like Camden Property Trust have seen significant recoveries since their lows, with more than 30% gains excluding dividends. Camden Property Trust is no longer considered a great investment due to valuation concerns, but still offers a 3.5%+ yield and potential upside. I recommend holding Camden Property Trust for now, with a price target of $130/share. Read the full article on Seeking Alpha
Seeking Alpha Aug 01

Camden Property Trust: Signs Of A Market Bottoming In Q2

Summary Camden Property Trust shares have outperformed the market, with Q2 results showing solid core FFO and revenue growth. Supply pressure in the apartment rental market may be abating, leading to potential improvement in rental rates, as seen by sequential improvement in July. Its strong balance sheet and higher guidance support the case for continued share price appreciation, especially with macro conditions improving and interest rates having peaked. Read the full article on Seeking Alpha

Shareholder Returns

CPTUS Residential REITsUS Market
7D0.7%-0.9%0.3%
1Y-7.4%-8.8%26.2%

Return vs Industry: CPT exceeded the US Residential REITs industry which returned -9.3% over the past year.

Return vs Market: CPT underperformed the US Market which returned 27% over the past year.

Price Volatility

Is CPT's price volatile compared to industry and market?
CPT volatility
CPT Average Weekly Movement2.8%
Residential REITs Industry Average Movement2.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: CPT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CPT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19931,640Alex Jessettwww.camdenliving.com

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 173 properties containing 58,811 apartment homes across the United States. Upon completion of 3 properties currently under development, the Company’s portfolio will increase to 59,973 apartment homes in 176 properties.

Camden Property Trust Fundamentals Summary

How do Camden Property Trust's earnings and revenue compare to its market cap?
CPT fundamental statistics
Market capUS$11.05b
Earnings (TTM)US$387.26m
Revenue (TTM)US$1.58b
28.8x
P/E Ratio
7.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CPT income statement (TTM)
RevenueUS$1.58b
Cost of RevenueUS$608.24m
Gross ProfitUS$976.64m
Other ExpensesUS$589.38m
EarningsUS$387.26m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.78
Gross Margin61.62%
Net Profit Margin24.43%
Debt/Equity Ratio103.5%

How did CPT perform over the long term?

See historical performance and comparison

Dividends

3.9%
Current Dividend Yield
68%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 11:39
End of Day Share Price 2026/06/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Camden Property Trust is covered by 41 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amanda SweitzerBaird
Ross SmotrichBarclays
Richard HightowerBarclays