secwatch.observer — SEC 8-K summary
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Issuer:     CAMDEN PROPERTY TRUST (CPT)
CIK:        0000906345
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001628280-26-028942
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camden Q1 Core FFO $1.70 beats guidance; reported FFO $1.15 on $53M litigation charge
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- Q1 Core FFO $1.70 vs midpoint guidance $1.66; reported FFO $1.15 includes $0.48 litigation charge.
- Same property NOI fell 0.7% YoY; occupancy 95.1% vs 95.4% a year ago.
- Agreed to settle revenue management class action for $53M; charge recorded in Q1, excluded from Core FFO.
- Repurchased 2.63M shares for $278.8M in Q1; YTD total $422.9M; $297.8M remaining under program.
- 2026 FFO guidance lowered to $6.10 midpoint from $6.61; Core FFO unchanged at $6.75.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906345/000162828026028942/0001628280-26-028942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906345/000162828026028942/cpt-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-028942

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