Camden Property Trust (NYSE: CPT) kicked off on Tuesday, down -1.47% from the previous trading day, before settling in for the closing price of $120.36. Over the past 52 weeks, CPT has traded in a range of $90.50-$127.69.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 10.13%. While this was happening, its average annual earnings per share was recorded -56.94%. With a float of $104.97 million, this company’s outstanding shares have now reached $115.78 million.
Let’s determine the extent of company efficiency that accounts for 1640 employees. In terms of profitability, gross margin is 24.11%, operating margin of 19.75%, and the pretax margin is 22.9%.
Camden Property Trust (CPT) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the REIT – Residential Industry. The insider ownership of Camden Property Trust is 1.60%, while institutional ownership is 98.28%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -56.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.11% 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
Take a look at Camden Property Trust’s (CPT) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.13. Likewise, its price to free cash flow for the trailing twelve months is 32.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.16, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.65 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 0.81 million, which is a drop from its year-to-date volume of 0.96 million. As of the previous 9 days, the stock’s Stochastic %D was 15.17%. Additionally, its Average True Range was 2.11.
During the past 100 days, Camden Property Trust’s (CPT) raw stochastic average was set at 50.68%, which indicates a significant increase from 5.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.23% in the past 14 days, which was lower than the 18.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $120.45, while its 200-day Moving Average is $112.37. However, in the short run, Camden Property Trust’s stock first resistance to watch stands at $119.84. Second resistance stands at $121.09. The third major resistance level sits at $121.96. If the price goes on to break the first support level at $117.72, it is likely to go to the next support level at $116.85. Should the price break the second support level, the third support level stands at $115.60.
Camden Property Trust (NYSE: CPT) Key Stats
The company with the Market Capitalisation of 12.65 billion has total of 106,681K Shares Outstanding. Its annual sales at the moment are 1,542 M in contrast with the sum of 403,310 K annual income. Company’s last quarter sales were recorded 387,230 K and last quarter income was -4,200 K.
