Across the recent three months, 13 analysts have shared their insights on Camden Prop Trust CPT, expressing a variety of opinions spanning from bullish to bearish.
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 | 4 | 4 | 1 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 2 | 4 | 0 | 0 |
2M Ago | 1 | 1 | 0 | 0 | 0 |
3M Ago | 1 | 1 | 0 | 1 | 0 |
Analysts have recently evaluated Camden Prop Trust and provided 12-month price targets. The average target is $109.04, accompanied by a high estimate of $118.00 and a low estimate of $90.00. This current average has increased by 2.43% from the previous average price target of $106.45.
Decoding Analyst Ratings: A Detailed Look
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 | Lowers | Buy | $108.00 | $111.00 |
Adam Kramer | Morgan Stanley | Raises | Equal-Weight | $105.50 | $98.00 |
Nicholas Yulico | Scotiabank | Raises | Sector Perform | $108.00 | $104.00 |
Michael Goldsmith | UBS | Raises | Neutral | $109.00 | $105.00 |
Richard Anderson | Wedbush | Raises | Outperform | $118.00 | $110.00 |
Brad Heffern | RBC Capital | Raises | Outperform | $110.00 | $107.00 |
Vikram Malhorta | Mizuho | Raises | Buy | $111.00 | $99.00 |
Alexander Goldfarb | Piper Sandler | Raises | Neutral | $110.00 | $90.00 |
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 |
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: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey 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.
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.
Breaking Down Camden Prop Trust's Financial Performance
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Over the 3 months period, Camden Prop Trust showcased positive performance, achieving a revenue growth rate of 1.32% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Net Margin: Camden Prop Trust's net margin excels beyond industry benchmarks, reaching 21.9%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Camden Prop Trust's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.69% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Camden Prop Trust's ROA stands out, surpassing industry averages. With an impressive ROA of 0.91%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Camden Prop Trust's debt-to-equity ratio is below the industry average at 0.72, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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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