Capital One Financial has reduced its earnings per share estimates for Camden Property

Camden Property Trust, the ticker symbol CPT on the New York Stock Exchange, is a real estate investment trust (REIT). Camden Property Trust’s earnings per share (EPS) projections for the fiscal year 2022 were lowered in a research report distributed to customers and investors by Capital One Financial on Wednesday, November 30th. Analyst N. Malkin from Capital One Financial forecasts that the real estate investment trust will earn $6.61 per share in 2018, a decrease from the previous forecast of $6.64 per share. The stock of Capital One Financial is currently assigned the “Overweight” rating. The current average estimate places Camden Property Trust’s full-year earnings at $6.60 per share, which is the amount that is predicted to be earned by the company. Camden Property Trust’s earnings for the fourth quarter of 2022 are projected to be $1.76 per share, its earnings for the first quarter of 2023 are projected to be $1.76 per share, its earnings for the second quarter of 2023 are projected to be $1.78 per share, its earnings for the third quarter of 2023 are projected to be $1.81 per share, its earnings for the fourth quarter of 2023 are projected to be $1.89 per share, and its earnings for the fiscal year 2023 are projected to be

This past Friday, trading on the NYSE: CPT began at $119.49. Camden Property Trust hit a low point over the past 52 weeks of $107.90, while it reached a 52-week high of $180.37. The share price currently sits at a P/E ratio of 15.74, a PEG ratio of 3.21, and a beta value of 0.73. The stock’s market capitalization is $12.73 billion. There is a ratio of 0.72 debt to equity, a ratio of 0.24 for the quick ratio, and a ratio of 0.24 for the current ratio. The company’s price has a moving average over the last 50 days of $115.40, and its price has a moving average over the past 200 days of $128.61.
There have been several other CPT reports written. The price objective that Citigroup has set for Camden Property Trust has been increased to $150.00, as stated in a research note that was published on Tuesday, August 9th. Barclays lowered their price target on Camden Property Trust from $169.00 to $145.00 and gave the company an “overweight” rating in a research note published on Thursday, November 10th. The “hold” rating assigned to Camden Property Trust by StockNews.com was changed to a “sell” rating on October 31st. Piper Sandler gave Camden Property Trust an “overweight” rating in a research report published on Friday, October 7th. The price objective that Piper Sandler has set for the stock has decreased from $165.00 to $140.00.
Last but not least, in a research report published on Thursday, November 10th, Mizuho decreased their price objective on Camden Property Trust from $136.00 to $119.00 and accorded the firm a “neutral” rating. There is one investment analyst who recommends that investors sell the stock, three who recommend that they keep it, and eight who recommends that investors buy it. According to Bloomberg.com, the firm is presently rated as having a consensus recommendation of “Moderate Buy,” with a price goal of $146.83.

Institutional investors have bought and sold the company’s stock in recent months. During the third quarter, Parkside Financial Bank & Trust had a 179.1% increase in the amount of Camden Property Trust shares it held in its portfolio. After making an additional 163 share purchases during the time frame in question, Parkside Financial Bank & Trust now has 254 shares of the real estate investment trust stock that cost $30,000. Venture Visionary Partners LLC acquired a new interest in Camden Property Trust during the second quarter for an anticipated price of 32 thousand dollars. The Northwestern Mutual Wealth Management Company boosted its holdings in Camden Property Trust by 231.7% during the second quarter. The number of shares owned by Northwestern Mutual Wealth Management Co. has increased to 272 for a total value of $37,000. This is an increase from the previous quarter’s holdings of 190 shares. During the second quarter, Total Clarity Wealth Management Inc. acquired a new position in Camden Property Trust that was around 43 thousand dollars in value. Finally, throughout the first three months of this year, Archer Investment Corporation added 492.4% more shares to its holdings in Camden Property Trust. After purchasing an additional 325 shares during the most recent quarter, Archer Investment Corp. has 391 shares of the real estate investment trust’s stock, currently valued at $65,000. Institutional investors and hedge funds own 94.08% of the company’s stock.

On September 15th, Camden Property Trust director Kelvin R. Westbrook sold 1,820 shares of the company’s stock. This news comes as part of other recent Camden Property Trust developments. At an average price of $130.77 per share, the stock brought in a total of $238,001.40 after being sold. As a direct result of the transaction, the director now owns 24,932 shares of the company’s stock, which have an estimated value of $3,260,357.64. The transaction was discussed in a filing submitted to the Securities and Exchange Commission (SEC), which may be found on the SEC’s website. Company insiders hold a total of 2.00% of the business’s stock.