---
schema_version: "secwatch.filing_event.v1"
accession: "0000906345-24-000004"
form_type: "8-K"
ticker: "CPT"
cik: "0000906345"
company_name: "CAMDEN PROPERTY TRUST"
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T12:29:46.371379+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Camden Property Trust Q4 EPS $2.03 beats guidance $0.39 on $176M gain; issues 2024 guidance, declares $1.03 dividend

## Summary
- Q4 EPS $2.03 vs guidance $0.39, driven by $176.4M gain on sale of Costa Mesa, CA community (714 homes for ~$232M).
- Core FFO $1.73 ($6.82 full year), in line with guidance. Same-property NOI flat in Q4, +4.3% in 2023; blended lease rates -0.6% in Q4, -0.3% in Jan'24.
- Issued $500M 5.85% notes due 2026 in Q4; post-quarter issued $400M 4.9% notes due 2034 and repaid $300M term loan and $250M 4.36% notes.
- 2024 guidance: Core FFO $6.59–6.89 (mid $6.74); same-property NOI growth 0.0% midpoint. Q1 dividend $1.03/share payable Apr 17.

## SEC filing metadata
- accession: 0000906345-24-000004
- form_type: 8-K
- ticker: CPT
- cik: 0000906345
- company_name: CAMDEN PROPERTY TRUST
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906345/000090634524000004/0000906345-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906345/000090634524000004/cpt-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000906345-24-000004
- JSON: https://secwatch.observer/filing/0000906345-24-000004.json
- Plain text: https://secwatch.observer/filing/0000906345-24-000004.txt

## Key facts
- Earnings Releases
  CAMDEN PROPERTY TRUST reported the three and twelve months ended December 31, 2023 results: EPS EPS $2.03 $0.42 $3.70 $6.04. Guidance initiated.
  - Period: the three and twelve months ended December 31, 2023
  - EPS: EPS $2.03 $0.42 $3.70 $6.04
  - Guidance: initiated
  - Result: reported results
  source text: Three Months Ended Twelve Months Ended December 31, December 31, Per Diluted Share 2023 2022 2023 2022 EPS $2.03 $0.42 $3.70 $6.04 FFO $1.72 $1.74 $6.78 $6.59 Core FFO $1.73 $1.74 $6.82 $6.52 Core AFFO $1.44 $1.48 $5.94 $5.69 Three Months Ended 4Q23 Guidance 4Q23 Guidance Per Diluted Share December 31, 2023 Midpoint Variance EPS $2.03 $0.39 $1.64 FFO $1.72 $1.72 $0.00 Core FFO $1.73 $1.72 $0.01 Quarterly Growth Sequential Growth Year-To-Date Growth Same Property Results 4Q23 vs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/906345/000090634524000004/0000906345-24-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.