3 models fit Camden Property Trust Common Stock and they disagree: 0 of 3 land within 15% of the average.
Two or more of our models back this value.
Near fair value(i)Silver63
Valued as a REIT (property company): Price to FFO, Dividend discount, and EV/EBITDA comparison.
ACCE opinionCamden Property Trust Common Stock (CPT)
Fair value (3 models)
$102
ACCE price target
$93.60
Rating
Fairly valued
Horizon
12 months
Fair value published on 21 Oct 2026, 11:06 CEST; previously $110 since 18 Oct 2026, 15:05 CEST.
ACCE price target published on 18 Oct 2026, 00:00 CEST; previously $112 since 21 May 2026, 00:00 CEST.
Rating published on 18 Oct 2026, 15:05 CEST.
Price used: $102 at the close on 23 Oct 2026, 22:00 CEST.
Models: EV/EBITDA comparison, Dividend discount, and Price to FFO.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
0.4% above
-0.4% to fair value
ACCE score
41
out of 100
Analysts
29% buy
24 covering
P/E
33.9x
forward 62.5x
1-year return
-2.8%
Dividend yield
4.21%
Camden Property Trust Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Camden Property Trust owns and operates apartment communities across the Sunbelt and select coastal markets, earning rent from its multifamily portfolio and developing new properties in high-growth metros such as Texas, Florida and the Carolinas. Its advantage is a large, geographically diversified portfolio of Class A apartments with strong scale in the fastest-growing rental markets, which supports operating efficiency and access to capital. The near-term story depends on whether new apartment supply in Sunbelt markets gets absorbed, since heavy deliveries have pressured rents and revenue has slipped 0.8% year over year. At an 11.4 billion dollar market cap, the stock trades at a trailing P/E of 32.4 against a forward P/E of 62.5, a gap that signals earnings expected to fall, with a 7.9% ROE and 16.1% operating margin leaving little cushion if rent growth stays soft. The score of 39/100 and absence from major indices suggest the name screens weak on current fundamentals, so it merits a deeper look mainly to test whether supply peaks and Sunbelt rent recovery arrive on schedule.
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
high
Earnings collapse
YoY earnings down 75.7% while revenue flat (−0.8%). Forward P/E of 89.5 signals market expects recovery; if it doesn't materialize, valuation at risk.
high
Score deterioration
ACCE score fell 8 points in 90 days (46 to 38). Valuation score at 34/100 and momentum at 40/100 indicate weakening fundamentals and sentiment.
moderate
Insider selling pressure
Last 10 disclosures show $3.37M in sales, zero buys. Insiders net selling while stock trades below fair value estimate ($97.58 vs $112.00) is a mild negative signal.
moderate
Elevated leverage
Debt/Equity ratio of 1.26 is high for a REIT in a rising-rate environment. Combined with earnings pressure, refinancing risk warrants attention.
AI research notes
AI-assisted·How I use AIWritten Oct 11, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Net margin of 20.6% demonstrates strong operational efficiency and pricing power in a competitive market.
Free cash flow of $140M supports the 4.4% dividend yield and provides capital for debt reduction.
Analyst consensus targets $115.42, implying 18.3% upside from current price of $97.58.
Why it could disappoint
Forward P/E of 89.5x suggests the market prices in earnings growth that may not materialize given -0.8% year-over-year revenue decline.
Debt to equity of 1.26 combined with 1.4% free cash flow yield leaves limited cushion for refinancing risk in a higher-rate environment.
ROE of 7.9% and ROIC of 3.3% lag typical cost of capital, raising questions about capital allocation efficiency.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Nov 5, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
INVESTOR
Where CPT's valuation models land
Price
$102.00
Model fair value
$102
Model range
$48.74 to $135
Fair value $102
Price $102
The price sits inside the model range.
Model
Fair value
Upside
Dividend discount
EV/EBITDA comparison
Price to FFO
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
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