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Camden Property (CPT)
NYSE:CPT
Holding CPT?
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CPT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$82.81 - $127.23
Previous Close$123.99
Volume444.77K
Average Volume (3M)931.64K
Market Cap
$13.26B
Enterprise Value$16.75B
Total Cash (Recent Filing)$93.93M
Total Debt (Recent Filing)$3.55B
Price to Earnings (P/E)34.3
Beta0.81
Next Earnings
Oct 24, 2024EPS Estimate
$0.35Next Dividend Ex-Date
Sep 30, 2024Dividend Yield3.25%
Share Statistics
EPS (TTM)3.64
Shares Outstanding106,634,893
10 Day Avg. Volume1,601,954
30 Day Avg. Volume931,637
Standard Deviation0.07
R-Squared0.45
Alpha-0.00352
Financial Highlights & Ratios
Price to Book (P/B)2.72
Price to Sales (P/S)8.60
Price to Cash Flow (P/CF)14.90
P/FCF Ratio22.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue42.74
Enterprise Value/Gross Profit17.49
Enterprise Value/Ebitda14.86
Forecast
1Y Price Target
$125.05Price Target Upside0.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Camden Property News
Bulls Say, Bears Say
Bulls Say
EarningsCamden Property Trust reported a 2Q24 earnings beat with increased FFO/sh guidance.
Financial PerformanceThe company has one of the lowest debt to cap ratios in the sector at 25%, providing financial flexibility to be opportunistic.
Market PerformanceCamden's blended lease rate trends were more favorable than Sunbelt peers due to SoCal and DC exposure.
Bears Say
OccupancyOccupancy was down 20 basis points year-over-year to 95.3%.
Operating ExpensesLeasing-related operating expenses accelerated sequentially with Payroll increasing by 4.1% quarter-over-quarter and Marketing/Leasing costs rising by 18.8%.
Storm ImpactHurricane Beryl impacted several of Camden's communities in Houston, with anticipated storm-related expenses ranging between $2.0 million and $3.0 million, net of insurance proceeds.
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Ownership Overview
5.95% Insiders
34.55% Mutual Funds
52.13% Other Institutional Investors
7.37% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CPT FAQ
What was Camden Property’s price range in the past 12 months?
Camden Property lowest stock price was $82.81 and its highest was $127.23 in the past 12 months.
What is Camden Property’s market cap?
Currently, no data Available
When is Camden Property’s upcoming earnings report date?
Camden Property’s upcoming earnings report date is Oct 24, 2024 which is in 35 days.
How were Camden Property’s earnings last quarter?
Camden Property released its earnings results on Aug 01, 2024. The company reported $0.4 earnings per share for the quarter, beating the consensus estimate of $0.371 by $0.029.
Is Camden Property overvalued?
According to Wall Street analysts Camden Property’s price is currently Undervalued.
Does Camden Property pay dividends?
Camden Property pays a Quarterly dividend of $1.03 which represents an annual dividend yield of 3.25%. See more information on Camden Property dividends here
What is Camden Property’s EPS estimate?
Camden Property’s EPS estimate is $0.35.
How many shares outstanding does Camden Property have?
Camden Property has 106,634,895 shares outstanding.
What happened to Camden Property’s price movement after its last earnings report?
Camden Property reported an EPS of $0.4 in its last earnings report, beating expectations of $0.371. Following the earnings report the stock price went up 2.72%.
Which hedge fund is a major shareholder of Camden Property?
Among the largest hedge funds holding Camden Property’s share is Viking Global Investors LP. It holds Camden Property’s shares valued at 356M.
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Camden Property Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$125.05 (0.60% Upside)
$125.05 (0.60% Upside)
Blogger Sentiment
Bullish
CPT Sentiment 88%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.57%
12-Months-Change
Fundamentals
Return on Equity
8.11%
Trailing 12-Months
Asset Growth
-1.95%
Trailing 12-Months
Company Description
Camden Property
Camden Property Trust operates as a real estate investment trust, which engages in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. It focuses on maintaining a geographically portfolio of apartment homes located across the U.S. The company was founded by Richard J. Campo and D. Keith Oden on May 25, 1993 and is headquartered in Houston, TX.
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CPT Company Deck
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CPT Earnings Call
Q2 2024
0:00 / 0:00
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CPT Stock 12 Month Forecast
Average Price Target
$125.05
▲(0.60% Upside)
Technical Analysis
Best Analysts Covering CPT
1 Year
1 Year Success Rate
11/13 ratings generated profit
1 Year Average Return
+21.44%
reiterated a buy rating 4 months ago
Copying Haendel St. Juste's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +21.44% per trade.
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