Camden Property Trust: Strategic Acquisitions and Strong Financial Performance Drive Buy Rating

In a report released today, Barry Oxford from Colliers Securities maintained a Buy rating on Camden Property (CPT – Research Report), with a price target of $135.00.

Barry Oxford has given his Buy rating due to a combination of factors including Camden Property Trust’s strategic acquisitions and strong financial performance. The company has been actively acquiring new properties in core markets like Austin and Nashville, focusing on Class A properties with significant unit counts. This strategy is expected to continue at a steady pace through 2025, which should bolster Camden’s portfolio and revenue streams.
Additionally, Camden’s financial results have been promising, with Core FFO per share exceeding expectations and maintaining high occupancy rates. Despite some challenges in specific markets, overall revenue growth has been positive, particularly in regions like California and the D.C. Metro area. The company’s updated guidance for 2025 reflects confidence in its financial outlook, further supporting the Buy rating.