Camden Property Trust (NYSE:CPT) went down by -2.25% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the REIT – Residential giant went up by $94.68 to trade ended Wednesday trading at $96.86. This is down from the $96.86 price recorded on Tuesday’s trading session. Thanks to this latest performance, CPT is closer to the higher price 52-week target of $114.00 and further from the lowest price target of $80.00. Its performance from the start of the year has also been negative, with CPT down by -10.76% year-to-date.
Camden Property Trust (CPT) started the day trading at $97.5 and recorded an intraday high of $97.96. It also recorded an intraday low of $94.142 during Wednesday’s trading session. Camden Property Trust is a very active stock that recorded a trading volume that is less than -31.38% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 741385, which is less than -31.38 of the total average daily trading volume of 974.00K.
Camden Property Trust (NYSE:CPT) 2020 Performance Impressive
The increase in CPT’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of CPT currently stands at $120.73, which is higher than the current trading price of the stock by 21.58%. However, CPT’s current trading price is -51.54% lower than the 52-week low price of $62.48. In terms of trading volume, Camden Property Trust currently experienced healthy participation during the last trading session. 741385 shares of Camden Property Trust were traded on the stock exchange on Wednesday, which is less than -31.38% of the 974.00K average trading volume of the stock.
The performance of the stock has been positive over the past year. CPT’s performance over the past one year has seen it plunge by -11.25%, while the stock has gone down by -10.37% in the last six months. The quarterly performance of CPT currently stands at 22.74%, and it is up by 4.14% in the last month. The only negative figure was from the weekly performance, which currently reads -2.20%. At the time of writing CPT’s report, the company has a total market cap of $8.99B, making it one of the largest publicly-traded companies in the world.Camden Property Trust also has over 1650 employees all over the world.
CPT Insider Activities
For Camden Property Trust, insiders hold 95.00% of all company shares. The insider transactions over the past six months are up by 0.80%. During that period, insiders bought 101,002 shares in 16 transactions. In that same period, insiders sold 86,314 of their shares in 6 transactions. After these transactions, insiders at Camden Property Trust now hold 1.86M shares, which is over 92.59% of the total company stocks. Institutional investors currently hold a large chunk of the CPT shares, as they control 1.91% of the company’s total stock.
CPT Fundamental Analysis
For Camden Property Trust, the stock’s diluted earnings per share (EPS) stands at 2.24. In the coming year, analysts expect the EPS to be 1.64. The EPS growth will up over the next five years to 3.60% after plunging by -6.20% in the previous five years. In terms of revenue, Camden Property Trust’s quarterly sales (YOY) is growing at 0.31, which is higher than the average annual revenue of -6.20% over the past half a decade.
The Return on Investment (ROI) on Camden Property Trust’s stock currently stands at 2.60%. The gross margin of the company is 61.70%.
CPT Analysts Prediction
The BMO Capital Markets has a Market Perform rating for Camden Property Trust, predicting the stock price to stay between $114 and $90.
Goldman and Stifel also believe that Camden Property Trust’s stock is outperforming at the moment.
At the moment, Camden Property Trust’s Total Debt to Equity ratio stands at 0.72, and they have a long-term Debt to Equity ratio of 0.72.
CPT Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of CPT currently stands at 0.91%, while the SMA50 is 6.70%. The biggest one is the SMA200, which is currently reading -7.63% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 53.76, while its price to earnings ratio (P/E) is 42.23.