Throughout the last three months, 10 analysts have evaluated Camden Prop Trust CPT, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 5 | 2 | 2 | 1 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 1 | 0 | 1 | 0 |
2M Ago | 2 | 0 | 2 | 0 | 0 |
3M Ago | 1 | 1 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Camden Prop Trust, presenting an average target of $106.1, a high estimate of $121.00, and a low estimate of $90.00. Observing a downward trend, the current average is 7.74% lower than the prior average price target of $115.00.
Understanding Analyst Ratings: A Comprehensive Breakdown
A comprehensive examination of how financial experts perceive Camden Prop Trust is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Lewis | Truist Securities | Raises | Buy | $114.00 | $113.00 |
Alexander Goldfarb | Piper Sandler | Maintains | Underweight | $90.00 | - |
Michael Lewis | Truist Securities | Lowers | Buy | $113.00 | $121.00 |
Wesley Golladay | Baird | Lowers | Outperform | $111.00 | $113.00 |
Vikram Malhorta | Mizuho | Lowers | Buy | $99.00 | $103.00 |
Adam Kramer | Morgan Stanley | Raises | Equal-Weight | $98.00 | $95.00 |
Chandni Luthra | Goldman Sachs | Announces | Buy | $112.00 | - |
Anthony Powell | Barclays | Lowers | Equal-Weight | $100.00 | $138.00 |
Brad Heffern | RBC Capital | Maintains | Outperform | $103.00 | - |
Michael Lewis | Truist Securities | Lowers | Buy | $121.00 | $122.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Camden Prop Trust. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide 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: Gaining insights, analysts provide estimates for the future value of Camden Prop Trust's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Camden Prop Trust's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Camden Prop Trust analyst ratings.
Delving into Camden Prop Trust's Background
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's Economic Impact: An Analysis
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Positive Revenue Trend: Examining Camden Prop Trust's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.11% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Camden Prop Trust's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 57.28%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Camden Prop Trust's ROE excels beyond industry benchmarks, reaching 4.51%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Camden Prop Trust's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.39% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Camden Prop Trust's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.75.
The Core of Analyst Ratings: What Every Investor Should Know
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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