Camden Property Trust (CPT) saw an uptrend of 1629907% in the recent trading with $1030000.0 being its most recent. The current price level -11.27% lower than the highest price of $127.43 marked by the stock while trading over the past 52-weeks, whereas it is 10.46% higher than the lowest price of $102.35 the company dropped to over past 52-weeks. The latest news story on CPT appeared in (Barchart) under the title “How Is Camden Property Trusts Stock Performance Compared to Other REIT – Residential Stocks?” on Today.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 9 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.44 for the stock.
Camden Property Trust Earnings – What Happened With CPT
Coming around sales and income figures on CPT Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Camden Property Trust – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 115.70 million. CPT does have institutional investors; and they hold 95.98% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Camden Property Trust (NYSE:CPT) with an ownership of 17.18 million shares of the company or 15.8456 of the stake worth $1.87 billion. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 10.2224 of the outstanding shares. Its stake is worth $1.21 billion for having 11.08 million shares in hand.
STATE STREET CORP also came holding a key position in the company during the recent quarter and it now holds 6.5332 of the outstanding shares. With this there are now 922.0 institutions which have possession in CPT’s shares.
Key Metrics forCPT
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Camden Property Trust has a debt to equity ratio of 0.81.
Technical Analysis of Camden Property Trust (NYSE:CPT) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Camden Property Trust (CPT), we notice that the stock’s 20-day average volume is at 916,000 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 938,922 shares. And to end, CPT’s 100-day average volume is 1,021,645 shares with 100% of the long-term indicators pointing towards Sell for the stock.
