November 17, 2023, Camden Property Trust (NYSE: CPT) trading session started at the price of $88.35, that was -0.25% drop from the session before. During the day, the shares moved up to $88.625 and dropped to $86.78 before settling in for the closing price of $87.57. A 52-week range for CPT has been $82.81 – $127.60.
It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 9.66%. When this article was written, the company’s average yearly earnings per share was at -65.10%. With a float of $104.97 million, this company’s outstanding shares have now reached $115.64 million.
The extent of productivity of a business whose workforce counts for 1650 workers is very important to gauge. In terms of profitability, gross margin is +22.62, operating margin of +18.40, and the pretax margin is +46.48.
Camden Property Trust (CPT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Camden Property Trust stocks. The insider ownership of Camden Property Trust is 1.25%, while institutional ownership is 99.55%. The most recent insider transaction that took place on May 05, was worth 588,938. In this transaction Chairman and CEO of this company sold 5,337 shares at a rate of $110.35, taking the stock ownership to the 246,799 shares. Before that another transaction happened on Jan 04, when Company’s EVP – Real Estate Investments sold 10,292 for $112.57, making the entire transaction worth $1,158,551. This insider now owns 68,667 shares in total.
Camden Property Trust (CPT) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted $0.44 earnings per share (EPS) during the time that was better than consensus figure (set at $0.42) by $0.02. This company achieved a net margin of +45.65 while generating a return on equity of 14.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -65.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.29% during the next five years compared to 23.17% growth over the previous five years of trading.
Camden Property Trust (NYSE: CPT) Trading Performance Indicators
You can see what Camden Property Trust (CPT) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.09. Likewise, its price to free cash flow for the trailing twelve months is 25.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.08, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 1.74 in one year’s time.
Technical Analysis of Camden Property Trust (CPT)
The latest stats from [Camden Property Trust, CPT] show that its last 5-days average volume of 1.3 million was superior to 0.82 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.85%. Additionally, its Average True Range was 2.47.
During the past 100 days, Camden Property Trust’s (CPT) raw stochastic average was set at 14.54%, which indicates a significant decrease from 46.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.02% in the past 14 days, which was higher than the 22.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $93.72, while its 200-day Moving Average is $105.32. Now, the first resistance to watch is $88.39. This is followed by the second major resistance level at $89.43. The third major resistance level sits at $90.24. If the price goes on to break the first support level at $86.54, it is likely to go to the next support level at $85.74. Assuming the price breaks the second support level, the third support level stands at $84.70.
Camden Property Trust (NYSE: CPT) Key Stats
There are 106,771K outstanding shares of the company, which has a market capitalization of 9.33 billion. As of now, sales total 1,423 M while income totals 653,610 K. Its latest quarter income was 390,780 K while its last quarter net income were 47,960 K.