Camden Property Trust reports stable FFO and sells California portfolio for $1.625 billion
Filed with the SEC on · Summarized by InvestorsBot
Camden Property Trust reported second-quarter 2026 diluted EPS of $0.18, FFO of $1.68 per share and Core FFO of $1.68, compared with $0.74, $1.67 and $1.70, respectively, in the year-earlier quarter; results exceeded the company’s guidance midpoint. On July 29, Camden sold 11 California communities totaling 3,620 homes for approximately $1.625 billion, plans to use about $900 million to repay revolving credit and commercial paper balances, and raised its 2026 FFO midpoint to $6.12 per share while maintaining Core FFO guidance at $6.75.