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After finishing at $122.14 in the prior trading day, Camden Property Trust (NYSE: CPT) closed at $121.47, down -0.55%. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 0.56 million shares were traded. CPT stock price reached its highest trading level at $121.925 during the session, while it also had its lowest trading level at $120.25.
Ratios:
Our goal is to gain a better understanding of CPT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 305.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.12. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.73.
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, Stifel on November 13, 2024, Downgraded its rating to Hold and sets its target price to $121 from $120 previously.
On October 11, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $123.
On September 11, 2024, Exane BNP Paribas started tracking the stock assigning a Neutral rating and target price of $129.Exane BNP Paribas initiated its Neutral rating on September 11, 2024, with a $129 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 12958540800 and an Enterprise Value of 16454660096. As of this moment, Camden’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.47, and their Forward P/E ratio for the next fiscal year is 73.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 18.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.33 while its Price-to-Book (P/B) ratio in mrq is 2.97. Its current Enterprise Value per Revenue stands at 10.571 whereas that against EBITDA is 18.421.
Stock Price History:
Over the past 52 weeks, CPT has reached a high of $127.69, while it has fallen to a 52-week low of $90.50. The 50-Day Moving Average of the stock is 0.67%, while the 200-Day Moving Average is calculated to be 9.12%.
Shares Statistics:
The stock has traded on average 994.79K shares per day over the past 3-months and 595180 shares per day over the last 10 days, according to various share statistics. A total of 115.78M shares are outstanding, with a floating share count of 104.97M. Insiders hold about 1.60% of the company’s shares, while institutions hold 98.26% stake in the company. Shares short for CPT as of 1731628800 were 1824071 with a Short Ratio of 1.83, compared to 1728950400 on 1998671. Therefore, it implies a Short% of Shares Outstanding of 1824071 and a Short% of Float of 2.42.
Dividends & Splits
In the trailing 12 months, CPT’s forward annual dividend rate was 4.09, compared to 4.09 this year. Against a Trailing Annual Dividend Yield of 0.033486165The stock’s 5-year Average Dividend Yield is 3.21.
