Is Camden Property Trust Stock Underperforming the Nasdaq?

Company Overview - Camden Property Trust (CPT) is based in Houston, Texas, and is involved in the ownership, management, development, repositioning, redevelopment, acquisition, and construction of multifamily apartment communities, with a market cap of $11.1 billion [1]. Market Position - Companies with a market cap of $10 billion or more are classified as "large-cap stocks," and Camden fits this category, indicating its significant size and influence in the residential REIT industry [2]. Stock Performance - CPT stock prices have declined 17.3% from its 52-week high of $126.55 reached on March 4, and have decreased 3.4% over the past three months, underperforming the Nasdaq Composite's 3.2% increase during the same period [3]. - On a year-to-date (YTD) basis, CPT stock prices have fallen 9.8%, and over the past 52 weeks, they have plunged 12.9%, lagging behind the Nasdaq's 19.4% surge in 2025 and 15.7% growth over the past year [4]. - CPT stock has consistently traded below its 200-day moving average since May and mostly below its 50-day moving average since April, indicating a bearish trend [4]. Recent Financial Results - Following the release of mixed Q3 results on November 6, CPT stock prices gained 2.5% in the trading session and maintained positive momentum for two subsequent sessions [5]. - The company reported high occupancy rates, leading to a 2.2% year-over-year revenue growth to $395.7 million, although this figure missed Street expectations by 93 basis points [5]. - Core funds from operations (FFO) dipped 58 basis points year-over-year to $1.70 per share but exceeded consensus estimates by 59 basis points [5]. Peer Comparison - Compared to its peer, Invitation Homes Inc. (INVH), CPT has outperformed with a 15.9% decline on a YTD basis and an 18.7% drop over the past year [6]. - Among the 27 analysts covering CPT stock, the consensus rating is a "Moderate Buy," with a mean price target of $116.63, suggesting an 11.4% upside potential from current price levels [6].