secwatch.observer — SEC 8-K summary
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Issuer:     CAMDEN PROPERTY TRUST (CPT)
CIK:        0000906345
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001628280-26-005842
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camden Q4 EPS $1.44 beats $0.35 guidance; $600M buyback authorized; dividend raised to $1.06
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- Q4 2025 EPS $1.44 vs. guidance midpoint $0.35; Core FFO $1.76 vs. $1.73; includes $0.12 land impairments.
- Same property NOI flat YoY; occupancy 95.2%; blended lease rates -1.6% (new -5.3%, renewal +2.8%).
- Acquired Orlando community for $85.2M; sold two communities for $201M ($128M gain); marketing 11 CA communities for sale.
- Repurchased 2.1M shares in Q4 ($220.6M); new $600M buyback authorized; Q1 dividend $1.06 (previous $1.00).
- 2026 Core FFO guidance midpoint $6.75; same property NOI (0.5%) midpoint; Q1 2026 Core FFO midpoint $1.66.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906345/000162828026005842/0001628280-26-005842-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906345/000162828026005842/cpt-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-005842

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