News articles about Camden Property Trust (NYSE:CPT) have trended positive on Thursday, according to Accern Sentiment. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Camden Property Trust earned a news impact score of 0.30 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 47.1139273964417 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s rankings:
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Camden Property Trust to Post Q3 2018 Earnings of $1.19 Per Share, DA Davidson Forecasts (CPT) (americanbankingnews.com) Camden Property Trust Forecasted to Earn FY2019 Earnings of $4.99 Per Share (CPT) (americanbankingnews.com) Camden Property Trust’s (CPT) CEO Ric Campo on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) Edited Transcript of CPT earnings conference call or presentation 4-May-18 3:00pm GMT (finance.yahoo.com) Camden: 1Q Earnings Snapshot (finance.yahoo.com)
Several research firms have commented on CPT. BTIG Research increased their price target on shares of Camden Property Trust to $93.00 and gave the company a “buy” rating in a research report on Thursday, March 15th. Zacks Investment Research raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, March 20th. TheStreet lowered shares of Camden Property Trust from a “b” rating to a “c+” rating in a research report on Thursday, January 18th. Sandler O’Neill set a $97.00 price target on shares of Camden Property Trust and gave the company a “buy” rating in a research report on Tuesday, February 6th. Finally, BMO Capital Markets set a $94.00 price target on shares of Camden Property Trust and gave the company a “buy” rating in a research report on Monday, February 12th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $90.64.
Shares of Camden Property Trust traded up $0.89, hitting $88.04, during mid-day trading on Thursday, according to Marketbeat.com. 25,768 shares of the company traded hands, compared to its average volume of 529,260. Camden Property Trust has a 1-year low of $87.04 and a 1-year high of $88.12. The company has a quick ratio of 2.24, a current ratio of 0.92 and a debt-to-equity ratio of 0.64. The company has a market cap of $8.05 billion, a P/E ratio of 19.43, a price-to-earnings-growth ratio of 2.99 and a beta of 0.35.
Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, May 3rd. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.72). Camden Property Trust had a net margin of 22.03% and a return on equity of 5.97%. The company had revenue of $230.70 million for the quarter, compared to analyst estimates of $230.71 million. During the same quarter last year, the company earned $1.09 EPS. The business’s revenue was up 5.1% compared to the same quarter last year. research analysts anticipate that Camden Property Trust will post 4.74 EPS for the current fiscal year.
About Camden Property Trust
Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 156 properties containing 53,391 apartment homes across the United States.