secwatch.observer — SEC 8-K summary
======================================

Issuer:     CAMDEN PROPERTY TRUST (CPT)
CIK:        0000906345
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0000906345-21-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camden Property Trust Q3 2021 FFO $1.36/dil share beats; raises 2021 FFO guidance midpoint to $5.37
--------------------------------------------------------------------------------

- Q3 EPS $0.29 vs $0.35 YoY; FFO $1.36 vs $1.25; AFFO $1.17 vs $1.03.
- Same-property NOI grew 5.4% YoY; occupancy 97.3% vs 95.5%.
- New lease rates up 18.3% in October (blended +16.5% in Q3).
- 2021 FFO guidance raised to $5.34-$5.40 (midpoint $5.37 from $5.27); same-property NOI growth now 4.0%-5.0%.
- Issued 1.5M shares at avg $150.28 via ATM for $220.7M; acquired Camden Central ($176.3M) and post-quarter Camden Greenville ($165.5M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906345/000090634521000038/0000906345-21-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906345/000090634521000038/cpt-20211028.htm
  HTML page:      https://secwatch.observer/filing/0000906345-21-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer