Camden Property Trust (NYSE: CPT) is -2.92% lower on its value in year-to-date trading and has touched a low of $90.50 and a high of $127.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CPT stock was last observed hovering at around $111.84 in the last trading session, with the day’s gains setting it 0.81%.
Currently trading at $112.65, the stock is -1.09% and -4.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 0.72% at the moment leaves the stock -1.05% off its SMA200. CPT registered 13.20% gain for a year compared to 6-month gain of -0.27%. The firm has a 50-day simple moving average (SMA 50) of $118.4712 and a 200-day simple moving average (SMA200) of $113.84055.
The stock witnessed a -6.26% loss in the last 1 month and extending the period to 3 months gives it a -5.87%, and is 1.45% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.24% over the week and 2.24% over the month.
Camden Property Trust (CPT) has around 1640 employees, a market worth around $12.02B and $1.56B in sales. Current P/E ratio is 35.67 and Fwd P/E is 78.91. Profit margin for the company is 22.14%. Distance from 52-week low is 24.48% and -11.78% from its 52-week high. The company has generated returns on investments over the last 12 months (4.20%).
The EPS is expected to shrink by -58.90% this year
884.0 institutions hold shares in Camden Property Trust (CPT), with institutional investors hold 100.14% of the company’s shares. The shares outstanding are 115.78M, and float is at 105.00M with Short Float at 1.61%. Institutions hold 98.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.18 million shares valued at $1.87 billion. The investor’s holdings represent 15.8018 of the CPT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.08 million shares valued at $1.21 billion to account for 10.1942 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.08 million shares representing 6.5152 and valued at over $780.0 million, while COHEN & STEERS, INC. holds 4.6718 of the shares totaling 5.08 million with a market value of $554.15 million.
Camden Property Trust (CPT) Insider Activity
The most recent transaction is an insider sale by Brunner Heather J., the company’s Director. SEC filings show that Brunner Heather J. sold 1,853 shares of the company’s common stock on Jan 06 ’25 at a price of $114.50 per share for a total of $0.21 million. Following the sale, the insider now owns 10537.0 shares.
Camden Property Trust disclosed in a document filed with the SEC on Jan 08 ’25 that Brunner Heather J. (Director) sold a total of 264 shares of the company’s common stock. The trade occurred on Jan 08 ’25 and was made at $110.06 per share for $29056.0. Following the transaction, the insider now directly holds 10273.0 shares of the CPT stock.
Still, SEC filings show that on Jan 06 ’25, CAMPO RICHARD J (Chairman and CEO) disposed off 7,324 shares at an average price of $114.50 for $0.84 million. The insider now directly holds 300,135 shares of Camden Property Trust (CPT).
