Camden Property Trust (CPT) Research

Forward Estimates

EPS Estimates

Current Qtr

$0.25

$0.19$0.33

vs $0.31-18.9%

4 analysts

Next Qtr

$0.17

$0.14$0.21

vs $0.21-22.6%

3 analysts

Current Yr

$0.99

$0.72$1.26

vs $1.28-22.6%

2 analysts

Next Yr

$1.22

$0.78$1.76

vs $0.99+23.4%

4 analysts

Revenue Estimates

Current Qtr

$393.91M

$383.13M$405.62M

vs $396.51M-0.6%

13 analysts

Next Qtr

$388.44M

$370.00M$408.88M

vs $395.68M-1.8%

13 analysts

Current Yr

$1.56B

$1.52B$1.62B

vs $1.57B-0.7%

15 analysts

Next Yr

$1.60B

$1.52B$1.69B

vs $1.56B+2.4%

15 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for CPT on EDGAR.

CPT filing events and research context
Filed	Item	Context
Feb 12, 2026	business	Camden Property Trust is a Texas-based real estate investment trust focused on the ownership, development, and management of multifamily apartment communities. As of December 31, 2025, the company’s portfolio comprises 175 properties totaling 59,921 apartment homes, with an additional 1,162 units currently under construction. CPT pursues earnings growth through a strategy of capital recycling, selectively disposing of assets to redeploy capital into core markets characterized by strong job growth and high quality of life. Operational efficiency is driven by internal property management focusing on rent optimization, occupancy levels, and an average lease term of 14 months. The company faces competition from other multifamily properties, single-family homes, condominiums, and short-term rental providers. To maintain liquidity and financial flexibility, CPT utilizes a combination of operational cash flows, unsecured revolving credit, commercial paper, and at-the-market equity offerings. As a qualified REIT, the company avoids federal income tax provided it continues to meet specific Internal Revenue Code requirements.
Feb 12, 2026	mda	CPT specializes in multifamily apartment communities across high-growth U.S. markets, with significant concentrations in Houston, the D.C. Metro area, and Dallas/Fort Worth. For the year ended December 31, 2025, net income attributable to common shareholders rose to $384.5 million, driven primarily by $260.9 million in gains from five property dispositions in Texas and Arizona and reduced land impairment charges. Same-store property NOI increased 0.3%, while total property NOI grew 2.2% to $1.007 billion. The company expanded its portfolio through the $422.9 million acquisition of four properties in Texas, Tennessee, and Florida. Development activity includes three projects totaling 1,162 homes, though the company recorded a $12.9 million impairment on two undeveloped land parcels. Liquidity is supported by a $1.2 billion unsecured revolving credit facility and a $600 million commercial paper program, which had $590 million outstanding at a 3.84% weighted average interest rate. CPT is actively returning capital, repurchasing $270.7 million in shares during 2025 and authorizing a new $600 million repurchase plan in February 2026. Primary financial risks include rising interest rates, potential rent control legislation, and the impact of new multifamily supply on absorption rates.
Feb 12, 2026	risk_factors	CPT is exposed to significant financial risk through $3.9 billion in outstanding debt, much of which relies on variable-rate instruments including commercial paper and revolving credit facilities. Rising interest rates threaten to increase borrowing costs, reduce real estate valuations, and lower share prices. The company’s reliance on multifamily apartment rentals is compounded by short average lease terms of 14 months, making revenue highly sensitive to market rent volatility, apartment oversupply, and the implementation of rent control laws. CPT faces substantial operational risks from its development pipeline, with projected 2026 construction costs of $135 million to $155 million for three projects, alongside additional recurring capital expenditures. These activities are vulnerable to labor shortages, material cost inflation, and zoning delays. Furthermore, CPT must adhere to strict REIT requirements, including distributing 90% of adjusted taxable income, to avoid adverse tax consequences. Other material risks include cybersecurity vulnerabilities stemming from generative AI and third-party vendors, potential land impairments following charges recorded in 2025, and liabilities from its general contracting subsidiary. Catastrophic weather and regional economic downturns further threaten property values and cash flow stability.

Filed

Item

Context

Feb 12, 2026

business

Camden Property Trust is a Texas-based real estate investment trust focused on the ownership, development, and management of multifamily apartment communities. As of December 31, 2025, the company’s portfolio comprises 175 properties totaling 59,921 apartment homes, with an additional 1,162 units currently under construction. CPT pursues earnings growth through a strategy of capital recycling, selectively disposing of assets to redeploy capital into core markets characterized by strong job growth and high quality of life. Operational efficiency is driven by internal property management focusing on rent optimization, occupancy levels, and an average lease term of 14 months. The company faces competition from other multifamily properties, single-family homes, condominiums, and short-term rental providers. To maintain liquidity and financial flexibility, CPT utilizes a combination of operational cash flows, unsecured revolving credit, commercial paper, and at-the-market equity offerings. As a qualified REIT, the company avoids federal income tax provided it continues to meet specific Internal Revenue Code requirements.

Feb 12, 2026

mda

CPT specializes in multifamily apartment communities across high-growth U.S. markets, with significant concentrations in Houston, the D.C. Metro area, and Dallas/Fort Worth. For the year ended December 31, 2025, net income attributable to common shareholders rose to $384.5 million, driven primarily by $260.9 million in gains from five property dispositions in Texas and Arizona and reduced land impairment charges. Same-store property NOI increased 0.3%, while total property NOI grew 2.2% to $1.007 billion. The company expanded its portfolio through the $422.9 million acquisition of four properties in Texas, Tennessee, and Florida. Development activity includes three projects totaling 1,162 homes, though the company recorded a $12.9 million impairment on two undeveloped land parcels. Liquidity is supported by a $1.2 billion unsecured revolving credit facility and a $600 million commercial paper program, which had $590 million outstanding at a 3.84% weighted average interest rate. CPT is actively returning capital, repurchasing $270.7 million in shares during 2025 and authorizing a new $600 million repurchase plan in February 2026. Primary financial risks include rising interest rates, potential rent control legislation, and the impact of new multifamily supply on absorption rates.

Feb 12, 2026

risk_factors

CPT is exposed to significant financial risk through $3.9 billion in outstanding debt, much of which relies on variable-rate instruments including commercial paper and revolving credit facilities. Rising interest rates threaten to increase borrowing costs, reduce real estate valuations, and lower share prices. The company’s reliance on multifamily apartment rentals is compounded by short average lease terms of 14 months, making revenue highly sensitive to market rent volatility, apartment oversupply, and the implementation of rent control laws. CPT faces substantial operational risks from its development pipeline, with projected 2026 construction costs of $135 million to $155 million for three projects, alongside additional recurring capital expenditures. These activities are vulnerable to labor shortages, material cost inflation, and zoning delays. Furthermore, CPT must adhere to strict REIT requirements, including distributing 90% of adjusted taxable income, to avoid adverse tax consequences. Other material risks include cybersecurity vulnerabilities stemming from generative AI and third-party vendors, potential land impairments following charges recorded in 2025, and liabilities from its general contracting subsidiary. Catastrophic weather and regional economic downturns further threaten property values and cash flow stability.

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CPT filing events and research context

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