Truist Securities Lowers Camden Property Trust Price Target to $123.00

Truist Securities maintains "Buy" rating for Camden Property Trust (CPT) but lowers price target from $131.00 to $123.00, a 6.11% decrease. Analyst Michael Lewis' update reflects evolving market conditions. CPT's average target price is $123.65 with a high estimate of $142.00 and a low estimate of $114.00, implying a 13.24% upside from the current price of $109.20. The average brokerage recommendation is 2.4, indicating "Outperform" status. The estimated GF Value in one year is $117.62, suggesting a 7.71% upside from the current price.

Truist Securities has revised its price target for Camden Property Trust (CPT) from $131.00 to $123.00, a 6.11% decrease, while maintaining a "Buy" rating. The update reflects evolving market conditions and expectations of a slower job growth rate, which may impact funds from operations (FFO) estimates for the company.

The new price target of $123.00 represents a potential 16% return from current levels, according to Truist Securities. The firm believes that Camden Property Trust is significantly undervalued at a 6.3% implied capitalization rate. The analyst expects Camden’s same-store net operating income (SSNOI) growth to improve next year as supply growth eases, supporting positive FFO and funds available for distribution (FAD) growth.

Despite the lowered price target, Truist Securities identified Camden Property Trust as its "highest conviction Buy" among apartment REITs. The stock has declined 6% year-to-date, making it the second-best performer in the firm’s apartment coverage universe behind only ELME.

In other recent news, Camden Property Trust reported its second-quarter 2025 earnings, significantly surpassing analyst expectations. The company posted earnings per share of $0.74, which was a substantial increase over the forecasted $0.32. Revenue also exceeded projections, reaching $396.51 million compared to the anticipated $393.97 million. Additionally, Stifel has upgraded Camden Property Trust’s stock rating from Hold to Buy, setting a price target of $122.75.

The average target price for Camden Property Trust is $123.65, with a high estimate of $142.00 and a low estimate of $114.00, implying a 13.24% upside from the current price of $109.20. The average brokerage recommendation is 2.4, indicating an "Outperform" status. The estimated GF Value in one year is $117.62, suggesting a 7.71% upside from the current price.

These recent developments highlight Camden Property Trust’s performance and analyst perspectives. Despite the positive earnings and analyst upgrades, the stock experienced a slight decline of 0.56% in trading, closing at $109.2.

References:
[1] https://www.investing.com/news/analyst-ratings/camden-property-trust-stock-price-target-lowered-to-123-at-truist-securities-93CH-4212978
[2] https://www.ainvest.com/news/mongodb-truist-securities-raises-pt-330-maintains-buy-rating-2508/