Home News Recent Fundamentals: Camden Property Trust (NYSE: CPT)

Recent Fundamentals: Camden Property Trust (NYSE: CPT)

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Camden Property Trust is part of the REITs industry and trades as part of the real estate sector. The company CEO is Richard J. Campo. Camden Property Trust a Texas real estate investment trust engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.

Previous Intraday Trading Performance:

The CPT stock showed a previous change of -0.96% with an open at 103.40 and a close of 102.55. It reached an intraday high of 103.44 and a low of 101.31.

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Liquidity:

The stock has a market cap of $9.9b with 96.7m shares outstanding, of which the float is 95.2m shares. Trading volume reached 427,090 shares compared to its average volume of 411,103 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Camden Property Trust shares returned 0.13% and in the past 30 trading days it returned 3.51%. Over three months, it changed 4.65%. In one year it has changed 16.88% and within that year its 52-week high was 105.29 and its 52-week low was 83.67. CPT stock is 22.56% above its 52 Week Low.

Our calculations show a 200 day moving average of 94.62 and a 50 day moving average of 101.25. Currently CPT stock is trading 8.38% above its 200 day moving average.

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Earnings:

The last annual fiscal EPS for the company was reported at 1.62 that ended on 31st of December 2018, which according to the previous close, that is a PE of 63.30. Based on 10 analyst estimates, the consensus EPS for the next quarter is 1.22. The TTM EPS is 4.77, which comes to a TTM PE of 21.50. Historically, the PE high was 63.30 and the PE low was 8.70. If the stock reached its PE low, that would represent a price of 41.50, which is a decrease of -59.53%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): 0.40
4thQtr of 2018 (Reported on 01/31/2019): 0.41
3rdQtr of 2018 (Reported on 10/25/2018): 0.40
2ndQtr of 2018 (Reported on 08/02/2018): 0.40
1stQtr of 2018 (Reported on 05/03/2018): 0.41

The dividend per share is currently 3.20, which is a dividend yield of 3.12%.

Base on our calculations, the intrinsic value per share is 98.40, which means it may be overvalued by -4.21%.

Indicators to Watch:

Short-interest was 960,725, which was 0.99% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.84. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.47.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 4.54%, return on assets is 2.60%, profit margin is 16.58%, price-to-sales is 10.29 and price-to-book is 2.74.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 0  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 1  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.