9 analysts have shared their evaluations of Camden Prop Trust CPT during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 1 | 2 | 2 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 2 | 0 | 0 |
2M Ago | 2 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 1 | 0 | 2 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $99.78, a high estimate of $122.00, and a low estimate of $80.00. Highlighting a 10.51% decrease, the current average has fallen from the previous average price target of $111.50.
Exploring Analyst Ratings: An In-Depth Overview
The standing of Camden Prop Trust among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Vikram Malhorta | Mizuho | Raises | Buy | $103.00 | $95.00 |
John Kim | BMO Capital | Announces | Market Perform | $100.00 | - |
Adam Kramer | Morgan Stanley | Announces | Equal-Weight | $95.00 | - |
Haendel St. Juste | Mizuho | Lowers | Buy | $95.00 | $101.00 |
Michael Lewis | Truist Securities | Lowers | Buy | $122.00 | $132.00 |
Simon Yarmak | Stifel | Lowers | Buy | $110.00 | $111.50 |
Joshua Dennerlein | B of A Securities | Lowers | Underperform | $84.00 | $101.00 |
Alexander Goldfarb | Piper Sandler | Lowers | Underweight | $80.00 | $126.00 |
Brad Heffern | RBC Capital | Lowers | Outperform | $109.00 | $114.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Camden Prop Trust. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Camden Prop Trust compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Camden Prop Trust's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Camden Prop Trust's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Camden Prop Trust analyst ratings.
About Camden Prop Trust
Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.
Camden Prop Trust: A Financial Overview
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Camden Prop Trust's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 4.55%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Camden Prop Trust's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 12.26%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Camden Prop Trust's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.98%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Camden Prop Trust's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.52%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Camden Prop Trust's debt-to-equity ratio is below the industry average. With a ratio of 0.75, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.