Camden Property Trust (NYSE: CPT) on Tuesday, soared 0.28% from the previous trading day, before settling in for the closing price of $119.65. Within the past 52 weeks, CPT’s price has moved between $82.40 and $127.69.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 10.13%. The company achieved an average annual earnings per share of -51.06%. With a float of $105.07 million, this company’s outstanding shares have now reached $115.64 million.
Let’s determine the extent of company efficiency that accounts for 1640 employees. In terms of profitability, gross margin is 34.0%, operating margin of 18.22%, and the pretax margin is 26.22%.
Camden Property Trust (CPT) Breakdown of a Key Holders of the stock
Observing investor behavior towards REIT – Residential industry stocks is more important than anything else. The insider ownership of Camden Property Trust is 1.46%, while institutional ownership is 98.21%. The most recent insider transaction that took place on Jan 04 ’24, was worth 3,765,426. In this transaction Chairman and CEO of this company sold 38,336 shares at a rate of $98.22, taking the stock ownership to the 267,132 shares. Before that another transaction happened on Jan 04 ’24, when Company’s EVP – Finance & CFO sold 9,803 for $98.21, making the entire transaction worth $962,733. This insider now owns 114,893 shares in total.
Camden Property Trust (CPT) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.44 earnings per share (EPS) for the period topping the consensus outlook (set at 0.42) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -51.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.74% during the next five years compared to 17.88% growth over the previous five years of trading.
Camden Property Trust (NYSE: CPT) Trading Performance Indicators
Camden Property Trust (CPT) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.22. Likewise, its price to free cash flow for the trailing twelve months is 35.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.64, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.49 in one year’s time.
Technical Analysis of Camden Property Trust (CPT)
Looking closely at Camden Property Trust (NYSE: CPT), its last 5-days average volume was 0.63 million, which is a drop from its year-to-date volume of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 15.44%. Additionally, its Average True Range was 2.14.
During the past 100 days, Camden Property Trust’s (CPT) raw stochastic average was set at 73.76%, which indicates a significant increase from 18.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.47% in the past 14 days, which was lower than the 17.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $121.67, while its 200-day Moving Average is $106.49. However, in the short run, Camden Property Trust’s stock first resistance to watch stands at $120.91. Second resistance stands at $121.84. The third major resistance level sits at $123.14. If the price goes on to break the first support level at $118.68, it is likely to go to the next support level at $117.38. Now, if the price goes above the second support level, the third support stands at $116.45.
Camden Property Trust (NYSE: CPT) Key Stats
Market capitalization of the company is 12.80 billion based on 106,535K outstanding shares. Right now, sales total 1,542 M and income totals 403,310 K. The company made 387,150 K in profit during its latest quarter, and 42,920 K in sales during its previous quarter.
