In the latest quarter, 8 analysts provided ratings for Camden Prop Trust CPT, showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 5 | 1 | 2 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 2 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 0 | 2 | 0 | 0 |
3M Ago | 2 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Camden Prop Trust, revealing an average target of $106.12, a high estimate of $122.00, and a low estimate of $95.00. Experiencing a 5.5% decline, the current average is now lower than the previous average price target of $112.30.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of Camden Prop Trust by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Brad Heffern | RBC Capital | Maintains | Outperform | $103.00 | - |
Michael Lewis | Truist Securities | Lowers | Buy | $121.00 | $122.00 |
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 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Camden Prop Trust. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Camden Prop Trust compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Camden Prop Trust's stock. This examination reveals shifts in analysts' expectations over time.
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 Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Over the 3 months period, Camden Prop Trust showcased positive performance, achieving a revenue growth rate of 4.55% as of 30 September, 2023. This reflects 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: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 12.26%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Camden Prop Trust's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.98%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Camden Prop Trust's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.52%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Camden Prop Trust's debt-to-equity ratio is below the industry average at 0.75, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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.
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