Camden Property Trust (CPT, Financial) is set to release its Q2 2024 earnings on Aug 1, 2024. The consensus estimate for Q2 2024 revenue is $385.15 million, and the earnings are expected to come in at $0.39 per share. The full year 2024's revenue is expected to be $1.55 billion and the earnings are expected to be $1.93 per share. More detailed estimate data can be found here.
Camden Property Trust (CPT, Financial) Estimate Trends
Over the past 90 days, revenue estimates for Camden Property Trust (CPT) for the full year 2024 have declined from $1.56 billion to $1.55 billion and for 2025 have increased from $1.57 billion to $1.58 billion. Earnings estimates have increased from $1.55 per share to $1.93 per share for the full year 2024 and have declined from $1.59 per share to $1.56 per share for 2025.
Camden Property Trust (CPT, Financial) Reported History
In the previous quarter of March 31, 2024, Camden Property Trust's (CPT) actual revenue was $383.14 million, which missed analysts' revenue expectations of $385.07 million by -0.5%. Camden Property Trust's (CPT) actual earnings were $0.77 per share, which beat analysts' earnings expectations of $0.40 per share by 90.59%. After releasing the results, Camden Property Trust (CPT) was up by 4.53% in one day.
Camden Property Trust (CPT, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 18 analysts, the average target price for Camden Property Trust (CPT) is $109.11 with a high estimate of $122 and a low estimate of $90. The average target implies a downside of -2.22% from the current price of $111.59.
Based on GuruFocus estimates, the estimated GF Value for Camden Property Trust (CPT, Financial) in one year is $137.57, suggesting an upside of 23.28% from the current price of $111.59.
Based on the consensus recommendation from 22 brokerage firms, Camden Property Trust's (CPT, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
