earnings
confidence high
sentiment positive
materiality 0.75
Camden Q4 FFO $1.74; 2023 guidance midpoint $6.85; dividend $1.00
CAMDEN PROPERTY TRUST
2022-FY EPS reported
$6.04
revenue$5,188,000
- Q4 2022 diluted FFO $1.74 vs $1.51 YoY; full-year FFO $6.59 vs $5.39.
- Same-property NOI rose 10.9% QoQ and 14.6% YoY; Q4 occupancy 95.8%.
- 2023 FFO guidance $6.70-$7.00 per diluted share; midpoint $6.85.
- Board declared Q1 dividend of $1.00/share, payable April 17 to holders of record March 31.
- Liquidity ~$1.2B; $306.7M remaining to fund development pipeline of 1,950 homes.