Camden Property Trust Q4 EPS rises

Overview

• Real estate firm's Q4 EPS rose significantly yr/yr

• Company completed lease-up at Camden Long Meadow Farms in Richmond, TX

• Company repurchased 2.1 mln shares, authorized new $600 mln buyback program

Outlook

• Camden expects Q1 2026 EPS between $0.22 and $0.26

• Company projects full-year 2026 EPS between $0.40 and $0.70

• Camden forecasts 2026 same property NOI growth between -2.50% and 1.50%

Result Drivers

• REVENUE GROWTH - Property revenues increased by 0.5% compared to the previous year, driven by stable occupancy and rental income

• DEVELOPMENT ACTIVITY - Lease-up completed at Camden Long Meadow Farms and ongoing leasing at Camden Village District contributed to results

• ACQUISITIONS AND DISPOSITIONS - Acquisition of Camden Lake Buena Vista and sale of properties in Houston and Phoenix impacted financial results

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 15 "hold" and 2 "sell" or "strong sell"

• The average consensus recommendation for the residential reits peer group is "buy."

• Wall Street's median 12-month price target for Camden Property Trust is $115.00, about 5.8% above its February 4 closing price of $108.71

• The stock recently traded at 93 times the next 12-month earnings vs. a P/E of 64 three months ago

Press Release: ID:nBw7L727Za

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