Quarterly ResultJul 31, 2026, 12:33 PM
Camden Property Q2 EPS $0.18, down from $0.74; Net Income $18.8M
AI Summary
Camden Property Trust reported a significant decline in Q2 2026 net income attributable to common shareholders to $18.8 million, down from $80.7 million in Q2 2025, with basic EPS falling to $0.18 from $0.74. For the six months ended June 30, 2026, net income was $61.2 million, down from $119.5 million year-over-year. The company repurchased $433.0 million in common shares and renewed its ATM program for up to $500 million.
Key Highlights
- Q2 2026 net income attributable to common shareholders was $18.8 million, down from $80.7 million in Q2 2025.
- Basic EPS for Q2 2026 was $0.18, a decrease from $0.74 in Q2 2025.
- Six-month net income attributable to common shareholders was $61.2 million, down from $119.5 million.
- Property revenues for Q2 2026 were $392.9 million, a slight decrease from $396.5 million.
- Total assets increased to $9.46 billion as of June 30, 2026, from $9.04 billion at year-end 2025.
- Repurchased $433.0 million of common shares during the six months ended June 30, 2026.
- Renewed at-the-market (ATM) share offering program for up to $500 million.
- Declared cash distributions of $2.12 per common share for the six months.
Price Impact
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