2 weeks Ago By Defense World Staff
Camden Property Trust ( NYSE:CPT – Get Free Report ) has been assigned a consensus rating of “Hold” from the eighteen analysts that are covering the firm, Marketbeat reports. Thirteen research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $121.
69. Several research firms have weighed in on CPT. Royal Bank of Canada cut Camden Property Trust from an “outperform” rating to a “sector perform” rating and set a $122.
00 price target for the company. in a report on Monday, September 9th. Bank of America raised shares of Camden Property Trust from an “underperform” rating to a “buy” rating and raised their target price for the company from $111.
00 to $147.00 in a report on Monday, August 12th. UBS Group boosted their price target on shares of Camden Property Trust from $109.
00 to $117.00 and gave the stock a “neutral” rating in a research report on Thursday, July 18th. Piper Sandler boosted their target price on shares of Camden Property Trust from $110.
00 to $128.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Finally, Wells Fargo & Company raised shares of Camden Property Trust from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $104.
00 to $127.00 in a report on Monday, August 26th. View Our Latest Analysis on Camden Property Trust Institutional Investors Weigh In On Camden Property Trust Camden Property Trust Trading Down 0.
5 % CPT stock opened at $123.71 on Monday. The company has a debt-to-equity ratio of 0.
72, a current ratio of 0.37 and a quick ratio of 0.37.
Camden Property Trust has a 1-year low of $82.81 and a 1-year high of $127.69.
The business has a 50 day simple moving average of $120.72 and a two-hundred day simple moving average of $109.68.
The company has a market capitalization of $13.18 billion, a price-to-earnings ratio of 30.32, a PEG ratio of 4.
76 and a beta of 0.90. Camden Property Trust ( NYSE:CPT – Get Free Report ) last issued its earnings results on Thursday, August 1st.
The real estate investment trust reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.
27). The company had revenue of $387.15 million for the quarter, compared to the consensus estimate of $384.
76 million. Camden Property Trust had a return on equity of 7.98% and a net margin of 25.
64%. During the same quarter in the prior year, the company posted $1.70 EPS.
Research analysts anticipate that Camden Property Trust will post 6.77 EPS for the current fiscal year. Camden Property Trust Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, October 17th.
Stockholders of record on Monday, September 30th will be given a dividend of $1.03 per share. This represents a $4.
12 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date of this dividend is Monday, September 30th.
Camden Property Trust’s dividend payout ratio (DPR) is presently 100.98%. Camden Property Trust Company Profile ( Get Free Report Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.
Camden owns and operates 172 properties containing 58,250 apartment homes across the United States. Further Reading Five stocks we like better than Camden Property Trust Best ESG Stocks: 11 Best Stocks for ESG Investing Simon Property REIT: A Safe Bet for Growth and Steady Dividends Low PE Growth Stocks: Unlocking Investment Opportunities CarMax’s Impressive Rally: What Investors Should Watch Next What is the FTSE 100 index? MarketBeat Week in Review – 9/23 – 9/27 Receive News & Ratings for Camden Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden Property Trust and related companies with MarketBeat.com's FREE daily email newsletter .
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