Valued at a market cap of $10.3 billion, Camden Property Trust (CPT) is a REIT specializing in the ownership, management, development, acquisition, and redevelopment of multifamily apartment communities across the United States. The company currently owns and operates 167 properties with 56,695 apartment homes, with its portfolio expected to expand to 170 properties and 57,857 apartment homes upon completion of three developments under construction.
The Houston, Texas-based company is expected to announce its Q3 2026 results after the market closes on Thursday, Nov. 5. Ahead of the event, analysts expect the REIT to report a FFO of $1.69 per share, down marginally from $1.70 per share in the year-ago quarter. However, the company has consistently surpassed Wall Street’s FFO projections over the past four quarters.
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For fiscal 2026, analysts project Camden Property Trust to report an FFO of $6.75 per share, a decline of 1.9% from $6.88 per share in fiscal 2025. Nevertheless, its FFO is anticipated to grow 2.4% year-over-year to $6.91 per share in fiscal 2027.
www.barchart.com CPT stock has fallen 2.7% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 13.1% gain and the State Street Real Estate Select Sector SPDR ETF’s (XLRE) marginal return over the same time frame.
www.barchart.com Camden Property Trust shares fell 2.2% following its Q2 2026 results on Jul. 30, as EPS of $0.18 and revenue of $392.94 million both missed analysts’ forecast. Concerns about sluggish rental growth persisted, with blended rent growth still negative, effective new lease rates down 3.3%, and competitive apartment supply in Austin, Denver and Phoenix limiting pricing power despite occupancy improving to 95.7% from 95.1% in Q1.
The consensus opinion on CPT stock is cautious, with an overall “Hold” rating. Among 25 analysts covering the stock, six recommend a “Strong Buy” rating, one gives a “Moderate Buy” rating, 16 suggest a “Hold” rating, and two recommend a “Strong Sell” rating. The average target price for CPT is $111.14, indicating a potential upside of 8.8% from current price levels.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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