Camden Property Trust Stock: Is Wall Street Bullish or Bearish?

Core Insights - Camden Property Trust (CPT) has a market capitalization of $10.9 billion and primarily focuses on multifamily apartment communities, but has significantly underperformed the broader market over the past 52 weeks, with a 15% decline in share price compared to a 14.1% increase in the S&P 500 Index [1] - Year-to-date, CPT's stock is down 10.7%, while the S&P 500 has risen by 16.4% [1] - CPT has also lagged behind the iShares Residential and Multisector Real Estate ETF (REZ), which saw a 3.3% drop over the past 52 weeks and a 4.7% rise year-to-date [2] Financial Performance - REG reported mixed Q3 results, with property revenue increasing by 2.2% year-over-year to $395.7 million, but missing consensus estimates [3] - Core FFO for REG declined slightly year-over-year to $1.70, exceeding analyst expectations by a penny [3] - REG raised its fiscal 2025 core FFO guidance midpoint to $6.85 per share due to anticipated positive impacts from future acquisition/disposition activities and lower borrowing costs [3] Analyst Ratings - For the current fiscal year, analysts expect REG's FFO to remain flat at $6.85, with a promising history of exceeding consensus estimates in the last four quarters [4] - Among 27 analysts covering REG, the consensus rating is a "Moderate Buy," consisting of nine "Strong Buy," one "Moderate Buy," 14 "Hold," and three "Strong Sell" ratings [4] - CPT's price target was lowered to $105 by UBS, indicating a 1.3% potential upside, while the mean price target of $119.11 suggests a 14.9% premium from current levels [5]