10 analysts have expressed a variety of opinions on Camden Prop Trust CPT over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 3 | 2 | 1 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 1 | 0 | 1 | 0 |
3M Ago | 2 | 1 | 2 | 0 | 0 |
Analysts have set 12-month price targets for Camden Prop Trust, revealing an average target of $105.0, a high estimate of $114.00, and a low estimate of $90.00. Experiencing a 7.76% decline, the current average is now lower than the previous average price target of $113.83.
Investigating Analyst Ratings: An Elaborate Study
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 |
---|---|---|---|---|---|
Richard Anderson | Wedbush | Maintains | Outperform | $110.00 | - |
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 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Camden Prop Trust. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Camden Prop Trust compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Camden Prop Trust's stock. This analysis reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Camden Prop Trust's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Camden Prop Trust analyst ratings.
Get to Know Camden Prop Trust Better
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.
Financial Insights: Camden Prop Trust
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 excelled with a growth rate higher than the average among peers.
Net Margin: Camden Prop Trust's net margin is impressive, surpassing industry averages. With a net margin of 57.28%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Camden Prop Trust's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.51%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Camden Prop Trust's ROA excels beyond industry benchmarks, reaching 2.39%. This signifies efficient management of assets and strong financial health.
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.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
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.
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