Camden Property Trust (CPT) Stock Forecast & Predictions

Camden Property Trust CPT: $119.77

11 Greenway Plz Ste 2400, Houston, Texas, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.camdenliving.com/

  • Market Cap$12.05B
  • Change (52 Weeks)48.24%
  • Low (52 Weeks)$78.04
  • Camden Property Trust (CPT) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 25.00% on Sell, and 43.75% Neutral.

    According to the market data, Camden Property Trust (CPT) stock price is $119.77 and the 52 weeks low is $78.04, which means the Camden Property Trust stock price is up 48.24% in the last 12 months.

    Camden Property Trust (CPT) Stock Price has been Trending Strongly with an ADX reading of 27.92 as per the Weekly Chart.

    A Upward trend indicates that Camden Property Trust (CPT) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that CPT Stock price might rise further, 25.00% indicating that CPT Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall CPT stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Camden Property Trust (CPT) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Camden Property Trust (CPT) is based on 23 Institutional Analyst Ratings where 47.83% are on Strong Buy, 13.04% on Moderate Buy, 39.13% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 23 Institutional Analysts, majority recommended CPT stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Camden Property Trust.

    Camden Property Trust (CPT) Stock Price Prediction By Analysts


    HighLowAverage
    $126.00$106.05$116.94
    $116.942.36% Downside
    Updated: 2021-04-22 00:00:00

    The Average Price target for CPT set by the institutional analysts is $116.94 where High Estimate is $126.00, Median $118.32000000000001 and Low $106.05.

    The average price target for CPT by Institutional Analysts is $116.94, which is 2.36% Downside from the current price. So according to the Institutional Analysts, CPT Stock might be a bit overvalued at this stage and there’s potential for downside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Camden Property Trust (CPT) Stock Forecast Based on News Sentiment


    Neutral
    Based on 1 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of CPT consisting of positive and negative, it shows that Camden Property Trust had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so CPT stock price most likey won't have any reaction to last weeks news coverage.

    Camden Property Trust (CPT) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    RBC CapitalOutperformInitiated
    ScotiaBankSector PerformDowngraded
    KeyBancSector WeightDowngraded
    BairdOutperformUpgraded
    B of A SecuritiesNeutralDowngraded
    Wells FargoOverweightInitiated
    KeyBancOverweightMaintained
    Piper SandlerOverweightMaintained
    Truist SecuritiesBuyMaintained
    Piper SandlerOverweightMaintained
    B of A SecuritiesBuyUpgraded
    StifelBuyMaintained
    CFRABuyMaintained
    Deutsche BankBuyMaintained
    BMO CapitalMarket PerformDowngraded
    CitigroupNeutralMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Evercore ISI GroupOutperformUpgraded
    BTIGNeutralDowngraded
    KeyBancOverweightMaintained
    ZelmanSellDowngraded
    CFRABuyUpgraded
    Sandler O'NeillBuyUpgraded
    Deutsche BankHoldMaintained
    ScotiaBankSector OutperformUpgraded
    Goldman SachsBuyInitiated
    CitigroupNeutralMaintained
    Bank of AmericaNeutralDowngraded
    JP MorganOverweightMaintained
    KeyBancOverweightMaintained
    Capital One FinancialOverweightUpgraded
    CitigroupNeutralMaintained
    KeyBancOverweightMaintained
    Sandler O'NeillHoldDowngraded
    KeyBancOverweightMaintained
    BarclaysOverweightUpgraded
    SunTrust Robinson HumphreyBuyUpgraded
    Janney CapitalBuyUpgraded
    BairdOutperformUpgraded
    CitigroupNeutralMaintained
    Capital One FinancialEqual-WeightInitiated
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    Bank of AmericaBuyMaintained
    UBSNeutralUpgraded
    JP MorganOverweightUpgraded
    BairdNeutralMaintained
    KeyBancOverweightMaintained
    Deutsche BankHoldMaintained
    Evercore ISI GroupIn-LineDowngraded
    BarclaysEqual-WeightMaintained
    KeyBancOverweightUpgraded
    BMO CapitalOutperformUpgraded
    Evercore ISI GroupOutperformUpgraded
    BTIG ResearchBuyUpgraded
    Goldman SachsBuyUpgraded
    BarclaysEqual-WeightDowngraded
    Mitsubishi UFJNeutralUpgraded
    KeyBancSector WeightDowngraded
    BMO CapitalMarket PerformUpgraded
    Bank of AmericaBuyUpgraded
    CitigroupNeutralMaintained
    UBSSellDowngraded
    BTIG ResearchNeutralInitiated
    BarclaysOverweightMaintained
    BairdNeutralDowngraded
    CitigroupNeutralMaintained
    MizuhoNeutralDowngraded
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    ZelmanSellDowngraded
    SunTrust Robinson HumphreyNeutralDowngraded
    Deutsche BankHoldMaintained
    CitigroupHoldDowngraded
    MizuhoBuyUpgraded
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    KeyBancOverweightUpgraded
    BB&T CapitalBuyInitiated
    Deutsche BankHoldMaintained
    BMO CapitalUnderperformDowngraded
    BarclaysOverweightMaintained
    MizuhoNeutralMaintained
    DA DavidsonBuyInitiated
    Evercore ISI GroupHoldMaintained
    Evercore ISI GroupHoldDowngraded
    Credit SuisseNeutralDowngraded
    Stifel NicolausBuyMaintained
    SunTrust Robinson HumphreyBuyInitiated
    JP MorganNeutralMaintained
    MizuhoNeutralDowngraded
    BarclaysOverweightMaintained
    Janney CapitalNeutralInitiated
    DA DavidsonBuyInitiated
    BMO CapitalOutperformInitiated
    BairdOutperformInitiated
    BairdOutperformInitiated
    Capital One FinancialEqual-WeightDowngraded
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    CitigroupBuyMaintained
    Deutsche BankHoldMaintained
    Credit SuisseNeutralInitiated
    Off Wall StreetSellInitiated
    Capital One FinancialOverweightInitiated
    MizuhoBuyInitiated
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    JP MorganNeutralMaintained
    Imperial CapitalOutperformMaintained
    Imperial CapitalOutperformMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    CitigroupNeutralMaintained
    BMO CapitalUnderperformDowngraded
    MacquarieNeutralDowngraded
    JP MorganNeutralMaintained
    KeyBancHoldDowngraded
    Deutsche BankHoldMaintained
    BMO CapitalUpgraded
    Stifel NicolausBuyUpgraded
    Imperial CapitalOutperformMaintained
    JP MorganNeutralMaintained
    Imperial CapitalOutperformMaintained

    Camden Property Trust (CPT) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.333
    The average consensus EPS for CPT is $0.333 with a high estimate of $0.389 and Low of $0.235 for the period 2021-06-30 and based on 9 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.35$0.26262020-09-30


    The latest average Earning Per Share Estimate for Camden Property Trust is $0.33, which is lower than CPT's last EPS, $0.35. This means that Analysts are expecting Camden Property Trust to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Camden Property Trust.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.35$0.26262020-09-30
    $0.17$0.2651252020-06-30
    $0.43$0.46123672020-03-31
    $0.57$0.383800000000000032019-12-31
    $0.44$0.448732900000000052019-09-30
    $0.43$0.458832900000000042019-06-30
    $0.4$0.424199999999999972019-03-31
    $0.41$0.44552112018-12-31
    $0.4$0.419149999999999972018-09-30
    $0.4$0.46291332018-06-30
    $0.41$0.4570252018-03-31
    $0.91$0.50211142017-12-31
    $0.38$0.424199999999999972017-09-30
    $0.43$0.46026712017-06-30
    $0.39$0.416624999999999972017-03-31
    $0.45$0.395162499999999972016-12-31
    $3.21$0.56055000000000012016-09-30
    $0.79$0.73296712016-06-30
    $0.46$0.4917692016-03-31
    $0.67$0.5254022015-12-31
    $0.41$0.4499552015-09-30
    $0.4$0.42503832015-06-30
    $0.38$0.4765182015-03-31
    $0.36$0.43097712014-12-31
    $0.43$0.44442014-09-30
    $0.41$0.4671252014-06-30
    $0.45$0.4620752014-03-31
    $1.46$0.489852013-12-31
    $0.8$0.4560152013-09-30
    $0.81$0.439352013-06-30
    $0.72$0.40789862013-03-31
    $1.6$0.41237292012-12-31
    $0.32$0.297952012-09-30
    $0.26$0.30165672012-06-30
    $0.22$0.25105572012-03-31
    $0.28$0.244422011-12-31
    $0.16$0.181365700000000022011-09-30
    $-0.23$-0.239874999999999982011-06-30
    $0.06$0.062622011-03-31
    $0.11$0.0826182010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).