The closing price of Camden Property Trust (NYSE: CPT) was $102.94 for the day, down -0.74% from the previous closing price of $103.71. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 1093888 shares were traded. CPT stock price reached its highest trading level at $104.29 during the session, while it also had its lowest trading level at $102.02.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
Sponsored
Ratios:
Our analysis of CPT’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.76.
Upgrades & Downgrades
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 05 when CAMPO RICHARD J sold 5,337 shares for $110.35 per share. The transaction valued at 588,938 led to the insider holds 246,799 shares of the business.
Sengelmann William W. sold 10,292 shares of CPT for $1,158,551 on Jan 04. The EVP – Real Estate Investments now owns 68,667 shares after completing the transaction at $112.57 per share. On Jan 04, another insider, Gallagher Michael P, who serves as the Chief Accounting Officer of the company, sold 1,332 shares for $112.57 each. As a result, the insider received 149,943 and left with 28,110 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CPT now has a Market Capitalization of 11.96B and an Enterprise Value of 15.68B. As of this moment, Camden’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.20, and their Forward P/E ratio for the next fiscal year is 58.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.41 while its Price-to-Book (P/B) ratio in mrq is 2.27. Its current Enterprise Value per Revenue stands at 11.02 whereas that against EBITDA is 11.58.
Stock Price History:
Over the past 52 weeks, CPT has reached a high of $146.79, while it has fallen to a 52-week low of $97.74. The 50-Day Moving Average of the stock is 105.57, while the 200-Day Moving Average is calculated to be 116.12.
Shares Statistics:
CPT traded an average of 814.55K shares per day over the past three months and 712.54k shares per day over the past ten days. A total of 108.57M shares are outstanding, with a floating share count of 105.47M. Insiders hold about 1.14% of the company’s shares, while institutions hold 99.00% stake in the company. Shares short for CPT as of Apr 27, 2023 were 1.73M with a Short Ratio of 1.75M, compared to 1.9M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.62% and a Short% of Float of 2.27%.
Dividends & Splits
With its trailing 12-month dividend rate of 3.82, CPT has a forward annual dividend rate of 4.00. Against a Trailing Annual Dividend Yield of 3.68%, it implies a Forward Annual Dividend Yield of 3.61%. The stock’s 5-year Average Dividend Yield is 2.98.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of $0.34 for the current quarter, with a high estimate of $0.42 and a low estimate of $0.23, while EPS last year was $4.54. The consensus estimate for the next quarter is $0.39, with high estimates of $0.48 and low estimates of $0.3.
Analysts are recommending an EPS of between $1.83 and $1.22 for the fiscal current year, implying an average EPS of $1.55. EPS for the following year is $1.72, with 4 analysts recommending between $2.52 and $0.98.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $386.11M to a low estimate of $380.7M. As of the current estimate, Camden Property Trust’s year-ago sales were $361.72M, an estimated increase of 6.10% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $391.12M, an increase of 4.90% less than the figure of $6.10% in the same quarter last year. There is a high estimate of $396.63M for the next quarter, whereas the lowest estimate is $387.08M.
A total of 11 analysts have provided revenue estimates for CPT’s current fiscal year. The highest revenue estimate was $1.57B, while the lowest revenue estimate was $1.53B, resulting in an average revenue estimate of $1.55B. In the same quarter a year ago, actual revenue was $1.42B, up 8.70% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $1.61B in the next fiscal year. The high estimate is $1.69B and the low estimate is $1.56B. The average revenue growth estimate for next year is up 4.30% from the average revenue estimate for this year.
