secwatch.observer — SEC 8-K summary
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Issuer:     CAMDEN PROPERTY TRUST (CPT)
CIK:        0000906345
Form:       8-K
Filed at:   2026-07-30T20:26:21+00:00
Accession:  0001628280-26-051083
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camden Q2 EPS $0.18 (down from $0.74); sells CA portfolio for $1.625B; updates 2026 guidance
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- Q2 EPS $0.18 vs $0.74 YoY; Core FFO $1.68 vs $1.70; same property NOI (ex-CA) down 1.4%.
- Sold 11 California communities for $1.625B on July 29; $0.9B used to pay down credit facility and commercial paper.
- Acquired 2,061 apartment homes for $645.4M in Q2 and early Q3; also bought two land parcels for $45M.
- Entered binding term sheet to settle revenue management software class action for $53M; settlement excluded from Core FFO.
- 2026 EPS guidance raised to $9.93 midpoint (from $9.27) due to CA sale gain; Core FFO guidance unchanged at $6.75.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906345/000162828026051083/0001628280-26-051083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906345/000162828026051083/cpt-20260730.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-051083

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