Camden Property Trust which can be found using ticker (CPT) have now 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 154 and 102 suggesting an average Analsyt target price of $126.50. Now with the previous closing price of $106.27 this would imply there is now a potential upside of 19.0%. Also worth taking note is the 50 day moving average now sits at $105.75 and the 200 moving average now moves to $116.48. The company has a market capitalization of 11.50B. The current share price for the company is: 105.87 USD
The potential market cap would be $13,692,743,850 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 18.67, revenue per share of 13.9 and a 1.93% return on assets.
Camden Property Trust is a real estate investment trust (REIT). The Company and its subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owns interests in and operates approximately 178 multifamily properties consisting of 60,652 apartment homes across the United States. The Company has six properties under construction, which consist of approximately 1,950 apartment homes. In addition, it owns other land holdings for the development of multifamily apartment communities. The Company’s properties consist of mid-rise buildings or two- and three-story buildings in a landscaped setting, as well as high-rise buildings, and provide residents with a variety of amenities common to multifamily rental properties. Its properties are located in Arizona, California, Colorado, Florida, Georgia, North Carolina, Washington District of Columbia (DC) Metro and Texas, among others.
