Barclays cuts target for Camden Property Trust stock to USD 114.00

Published on 10/17/2026 at 19:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 392.90 million in the second quarter. Camden Property Trust stock stood at USD 98.59 on October 16, 2026, up 0.41 percent on NYSE.

Analyst view and operating metrics

On October 14, 2026, Barclays analyst Richard Hightower cut the target from USD 123.00 to USD 114.00.
Second-quarter 2026 diluted earnings per share came to USD 0.18 versus USD 0.74 a year earlier.
Camden Property Trust stock last stood at USD 98.59 on October 16, 2026, up 0.41 percent versus the NYSE close of USD 98.19.
Market capitalization was USD 9.9 billion, with a price-to-earnings ratio of 32.75 and a dividend yield of 4.00 percent.

CPT, US1331311027, Illustration mit AI erstellt.

Barclays analyst Richard Hightower maintained an Equal-Weight rating on Camden Property Trust and cut the price target from USD 123.00 to USD 114.00 on October 14, 2026, according to GuruFocus. The new target stood 15.62 percent above the last NYSE price of USD 98.59. Camden Property Trust stock last stood at USD 98.59 on October 16, 2026 at 4:00 p.m. EDT, up 0.41 percent versus the NYSE close of USD 98.19.

Second-quarter earnings show the split

Camden reported USD 392.90 million of revenue in the second quarter of 2026, down 0.90 percent from the year-earlier period, while diluted earnings per share fell to USD 0.18 from USD 0.74. Financial Report Insights attributed the earnings decline mainly to a USD 47.30 million property-sale gain in the prior-year quarter, making this a comparison affected by a one-off item.

Core funds from operations came to USD 1.68 per share versus USD 1.70 a year earlier. That measure therefore declined 1.18 percent, a much smaller change than the 75.68 percent fall in diluted earnings per share.

Price position inside the yearly range

The last NYSE price of USD 98.59 sat 3.45 percent above the 52-week low of USD 95.30 and 17.71 percent below the 52-week high of USD 119.81, both as of October 16, 2026. The market capitalization was USD 9.9 billion, and the price-to-earnings ratio was 32.75. The trailing dividend yield was 4.00 percent.

Camden's investor-relations page says the company owned and operated 168 properties containing 56,995 apartment homes as of September 30, 2026. The portfolio gives the analyst revisions a concrete operating backdrop: rental housing exposure remains large, while the latest quarterly figures show pressure on reported earnings and core funds from operations.

What the target revision changes

The Barclays target remains above the last NYSE price, but the reduction from USD 123.00 to USD 114.00 narrows the stated valuation gap. Camden is also scheduled to report results on November 5, 2026, as listed on the company's investor-relations topic page. The next report will give investors a fresh comparison for revenue, earnings and property-level operating trends.

Market position and reference figures

Camden Property Trust is a residential real estate investment trust headquartered in Houston. Its shares trade on the NYSE under the ticker CPT, and the company is part of the S&P 500 according to its investor-relations page.