Overview
* Camden Q3 2025 core FFO beats company's guidance by $0.01 per share
* Company raises full-year 2025 core FFO guidance midpoint to $6.85 per share
* Camden disposes of properties, recognizing $85.6 mln gain
Outlook
* Camden raises 2025 Core FFO guidance midpoint to $6.85 per share
* Company maintains full-year 2025 same property NOI outlook
* Camden lowers 2025 same property revenue growth midpoint to 0.75%
Result Drivers
* CORE FFO OUTPERFORMANCE - Camden's Core FFO exceeded guidance by $0.01 per share, driven by lower borrowing costs and strategic acquisition/disposition activities
* MODEST REVENUE GROWTH - Same property revenue increased by 0.8% while expenses rose by 2.3%, affecting net operating income
* DEVELOPMENT PROGRESS - Lease-up completed at Camden Durham and construction completed at Camden Village District, with ongoing leasing at Camden Long Meadow Farms
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 EPS $1
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 14 "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 ( CPT ) is $120.00, about 15.2% above its November 5 closing price of $101.82
* The stock recently traded at 69 times the next 12-month earnings vs. a P/E of 76 three months ago
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)