Camden Property Trust (CPT) is a major player in the multifamily apartment community market with a market cap of $10.9 billion. Analysts anticipate CPT to report a core funds from operations (CFFO) of $1.69 per share for the third quarter, slightly down from the previous year.
For the full fiscal 2025, CPT is expected to report a CFFO per share of $6.81, slightly lower than the previous year. In fiscal 2026, the CFFO is projected to grow by 2.6% to $6.99 per share.
Despite exceeding expectations, CPT stock has decreased by 14.6% over the past year, performing worse than other indexes. The drop in stock prices following Q2 results was attributed to broader market turmoil caused by President Trump’s tariff announcements.
Analysts are cautiously optimistic about CPT’s future, with a consensus “Moderate Buy” rating. Of the 27 analysts covering the stock, opinions include nine “Strong Buys,” one “Moderate Buy,” 14 “Holds,” and three “Strong Sells.” The mean price target of $121.51 suggests a 19% upside potential from current levels.
Read more at Yahoo Finance: Here’s What to Expect From Camden Property Trust’s Next Earnings Report
