Verizon to cut 15,000 jobs amid growing competition pressures - WSJ
Investing.com - Cantor Fitzgerald lowered its price target on Camden Property Trust (NYSE:CPT) to $105 from $115 on Monday, while maintaining a Neutral rating on the real estate investment trust. Camden shares currently trade at $101.79, up from their previous close of $99.29, with the stock sitting near its 52-week low of $97.17.
The price target reduction comes despite Camden Property Trust raising its full-year 2025 funds from operations (FFO) guidance by $0.04, which triggered a positive stock move on Friday.
Cantor Fitzgerald noted that most of the FFO guidance increase was attributed to lower dispositions and reduced borrowing costs rather than fundamental operational improvements in the multifamily housing market.
The research firm expressed skepticism about significant improvement in 2026, stating that "2026 will be more like 2025 rather than a significant improvement" despite Camden being "one of the best-run REITs in the business."
The new $105 price target assumes approximately 18 times multiple on Cantor Fitzgerald’s 2026 adjusted funds from operations (AFFO) estimate for Camden Property Trust.
In other recent news, Camden Property Trust reported its third-quarter 2025 financial results, exceeding earnings expectations. The company announced an earnings per share (EPS) of $1.00, which was significantly higher than the anticipated $0.45, marking an EPS surprise of 122.22%. However, Camden Property Trust’s revenue slightly missed projections, coming in at $395.68 million compared to the forecasted $398.81 million. Despite the revenue shortfall, the market response was positive, reflecting confidence in the company’s financial health. These developments highlight the company’s strategic direction and strong earnings performance. Analyst firms have not provided any recent upgrades or downgrades for Camden Property Trust. Investors may find these results noteworthy as they consider the company’s ongoing financial trajectory.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.