Camden Property Trust (CPT) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Camden Property Trust Announces Participation in Citi’s 2024 Global Property CEO Conference and Provides First Quarter 2024 Operating Update.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Camden Property Trust is listed on the NYSE in the Real Estate sector while operating in the REIT – Residential industry. At the end of the last regular session, the stock closed at $99.98 and fluctuated between $102.00 as its day high and $99.93 as its day low. The current market capitalization of Camden Property Trust is $10.69B. A total of 1.02 million shares were traded on the day, compared to an average of 1.17M shares.

In the most recent transaction, CAMPO RICHARD J sold 38,336 shares of CPT for 98.22 per share on Jan 04 ’24. After the transaction, the Chairman and CEO now owns 267,132 company shares. In a previous transaction on Jan 04 ’24, Jessett Alexander J. sold 9,803 shares at 98.21 per share. CPT shares that EVP – Finance & CFO owns now total 114,893.

Among the insiders who sold shares, Sengelmann William W. disposed of 6,493 shares on Jan 04 ’24 at a per-share price of $98.21. This resulted in the EVP – Real Estate Investments holding 75,082 shares of CPT after the transaction. In another insider transaction, Brunner Heather J. sold 1,325 shares at $98.21 per share on Jan 04 ’24. Company shares held by the Director now total 10,230.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Camden Property Trust pays an annual dividend of $4.00, resulting in a dividend yield of 4.00%, and it has a price to earnings (P/E) ratio of 27.07. CPT’s most recent ex-dividend date was 3/27/2024 when it declared a $1.03 quarterly dividend that was paid in cash on 4/17/2024. Previously, the company paid the dividend on 1/17/2024 with an ex-dividend date of 12/14/2023. The CPT stock dividend was $1.00 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, CPT has a high of $112.90 and a low of $82.40.

As of this writing, CPT has an earnings estimate of $0.38 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.34. The company reported an EPS of $0.44 in the last quarter, which was 4.80% higher than expectations of $0.42.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. CPT’s latest balance sheet shows that the firm has $613.39M in Cash & Short Term Investments as of fiscal 2021. There were $3.17B in debt and $347.11M in liabilities at the time. Its Book Value Per Share was -$2.77, while its Total Shareholder’s Equity was $4.27B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CPT is Buy with a score of 3.48.

Most Popular

Related Posts