Camden Property Trust (CPT) 20 Days SMA touch 1.85%: Odds are Looking very much in favour

Camden Property Trust (NYSE: CPT) started the day on Thursday, with a price decrease of -0.85% at $99.94, before settling in for the price of $100.80 at the close. Taking a more long-term approach, CPT posted a 52-week range of $82.40-$112.90.

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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 10.13%. Meanwhile, its Annual Earning per share during the time was 17.88%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -56.90%. This publicly-traded company’s shares outstanding now amounts to $115.64 million, simultaneously with a float of $104.94 million. The organization now has a market capitalization sitting at $10.69 billion. At the time of writing, stock’s 50-day Moving Average stood at $96.65, while the 200-day Moving Average is $98.79.

Camden Property Trust (CPT) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Residential Industry. Camden Property Trust’s current insider ownership accounts for 1.89%, in contrast to 98.10% institutional ownership. According to the most recent insider trade that took place on Jan 04 ’24, this organization’s Chairman and CEO sold 38,336 shares at the rate of 98.22, making the entire transaction reach 3,765,426 in total value, affecting insider ownership by 267,132. Preceding that transaction, on Jan 04 ’24, Company’s EVP – Finance & CFO sold 9,803 for 98.21, making the whole transaction’s value amount to 962,733. This particular insider is now the holder of 114,893 in total.

Camden Property Trust (CPT) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $2.03 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.39) by $1.64. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.

Camden Property Trust’s EPS decrease for this current 12-month fiscal period is -56.90% and is forecasted to reach 1.63 in the upcoming year.

Camden Property Trust (NYSE: CPT) Trading Performance Indicators

Let’s observe the current performance indicators for Camden Property Trust (CPT). The Stock has managed to achieve an average true range (ATR) of 2.37. Alongside those numbers, its PE Ratio stands at $27.06, and its Beta score is 0.84. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.92. Similarly, its price to free cash flow for trailing twelve months is now 27.84.

In the same vein, CPT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.69, a figure that is expected to reach 0.35 in the next quarter, and analysts are predicting that it will be 1.63 at the market close of one year from today.

Technical Analysis of Camden Property Trust (CPT)

If we take a close look at the recent performances of Camden Property Trust (NYSE: CPT), its last 5-days Average volume was 1.28 million that shows progress from its year to date volume of 1.16 million. During the previous 9 days, stock’s Stochastic %D was recorded 65.94% While, its Average True Range was 2.54.

Raw Stochastic average of Camden Property Trust (CPT) in the period of the previous 100 days is set at 73.09%, which indicates a major rise in contrast to 51.14% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.89% that was higher than 24.05% volatility it exhibited in the past 100-days period.