Peeling Back The Layers: Exploring Camden Prop Trust Through Analyst Insights

Throughout the last three months, 9 analysts have evaluated Camden Prop Trust CPT, offering a diverse set of opinions from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 1 3 0 0
Last 30D 1 0 0 0 0
1M Ago 0 1 1 0 0
2M Ago 2 0 0 0 0
3M Ago 2 0 2 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $105.67, a high estimate of $122.00, and a low estimate of $95.00. Observing a downward trend, the current average is 10.14% lower than the prior average price target of $117.60.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

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
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
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

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Camden Prop Trust. This information offers 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: 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.

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.

Unveiling the Story Behind 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.

Key Indicators: Camden Prop Trust's Financial Health

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

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 4.55% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 12.26%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Camden Prop Trust's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.98% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.52%, the company showcases effective utilization of assets.

Debt Management: With a below-average debt-to-equity ratio of 0.75, Camden Prop Trust adopts a prudent financial strategy, indicating a balanced approach to debt management.

Analyst Ratings: What Are They?

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 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.

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