In the Green: Camden Property Trust (CPT) Closes at 119.41, Up/Down -0.19 from Previous Day

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In the latest session, Camden Property Trust (NYSE: CPT) closed at $119.41 down -0.19% from its previous closing price of $119.64. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 0.52 million shares were traded. CPT stock price reached its highest trading level at $120.5599 during the session, while it also had its lowest trading level at $118.605.

Ratios:

For a deeper understanding of Camden Property Trust’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 124.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.97. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.67.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on August 12, 2024, Upgraded its rating to Buy and sets its target price to $147 from $111 previously.

On May 06, 2024, Piper Sandler Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $90 to $110.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 04 ’24 when CAMPO RICHARD J sold 38,336 shares for $98.22 per share. The transaction valued at 3,765,426 led to the insider holds 267,132 shares of the business.

Jessett Alexander J. sold 9,803 shares of CPT for $962,733 on Jan 04 ’24. The EVP – Finance & CFO now owns 114,893 shares after completing the transaction at $98.21 per share. On Jan 04 ’24, another insider, Brunner Heather J., who serves as the Director of the company, sold 1,325 shares for $98.21 each. As a result, the insider received 130,126 and left with 10,230 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 12757765120 and an Enterprise Value of 16268242944. As of this moment, Camden’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.83, and their Forward P/E ratio for the next fiscal year is 72.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.18 while its Price-to-Book (P/B) ratio in mrq is 2.85. Its current Enterprise Value per Revenue stands at 10.439 whereas that against EBITDA is 18.065.

Stock Price History:

Over the past 52 weeks, CPT has reached a high of $121.29, while it has fallen to a 52-week low of $82.40. The 50-Day Moving Average of the stock is 6.80%, while the 200-Day Moving Average is calculated to be 18.70%.

Shares Statistics:

For the past three months, CPT has traded an average of 826.21K shares per day and 719880 over the past ten days. A total of 115.64M shares are outstanding, with a floating share count of 104.97M. Insiders hold about 1.57% of the company’s shares, while institutions hold 100.28% stake in the company. Shares short for CPT as of 1722384000 were 2161691 with a Short Ratio of 2.62, compared to 1719532800 on 3429449. Therefore, it implies a Short% of Shares Outstanding of 2161691 and a Short% of Float of 2.87.

Dividends & Splits

According to the company, the forward annual dividend rate for CPT is 4.06, from 4.06 in the trailing year. Against a Trailing Annual Dividend Yield of 0.033935137The stock’s 5-year Average Dividend Yield is 3.17.

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