Camden Property TrustNYSE: CPT
Real Estate · Multi-Family Residential REITs
$104.33
-0.66%
Vol: 1.3M
Research Digest
Friday, May 1, 2026
Camden Property Q1 beats FFO estimates; antitrust settlement $53M
Camden announced Q1 FFO of $1.70 beating consensus of $1.67. Company provided EPS guidance of $6.60-$6.90 for FY 2026. Leadership promotions: Alexander Jessett to CEO, Laurie Baker to President/COO. Settled antitrust lawsuit for $53M over RealPage rent-fixing allegations. Ranked #13 in FORTUNE 100 Best Companies for 19 consecutive years. Q1 earnings surprise: 321.79% EPS beat.
Previous Market Intelligence
13 daysApr 30Camden Property Trust scheduled to report Q1 earnings today; $53M RealPage settlement reachedMixed▶
Camden Property Trust will release Q1 2026 earnings today (April 30) after-hours with May 1 conference call. Company settled RealPage rent-fixing allegations for $53M across two installments (~mid-May first payment). New CEO Alex Jessett (promoted from CFO) is leading 172-property, 59,000-unit REIT. Morgan Stanley cut price target to $119 from $123. Camden registered $500M at-the-market share offering; stock closed April 27 at $101.60. Analysts expect 3.5% FFO decline but maintain positive long-term outlook.
Apr 16Camden Property Trust settles RealPage antitrust lawsuit for $53 million; major leadership transitionMixed▶
Camden Property Trust agreed to pay $53 million to settle antitrust claims related to RealPage revenue management software used to coordinate rent increases, with the settlement including no admission of fault or liability. Concurrently, the company announced a significant leadership reorganization effective March 24, 2026: Richard J. Campo moved to Executive Chairman, Alexander J. Jessett became CEO (the first new CEO since the company went public in 1993), Laurie A. Baker became President and COO, and Benjamin D. Fraker became CFO. The company priced a $600 million senior unsecured notes offering at 4.900% coupon.
Apr 15Camden Property Trust agreed to $53 million settlement in RealPage rent-collusion antitrust case.Mixed▶
On April 7, Camden Property Trust announced binding term sheet to settle class action litigation alleging rent-collusion through RealPage revenue management software, with $53 million settlement fund. Company will record as non-operating expense with no material impact on liquidity or dividend. Dividend increased slightly to $1.06 per share. Q1 earnings release April 30.
Apr 14Camden Property Trust settles RealPage rent-collusion lawsuit for $53 million with Q1 earnings scheduled for April 30.Neutral▶
Camden Property Trust agreed to settle rent-collusion antitrust litigation through RealPage software for $53 million (payable in two $26.5 million installments). Settlement subject to court approval expected by May 7, 2026. CPT does not expect material impact on liquidity or dividend policy. Declared Q1 2026 dividend of $1.06 per share. Stock up 35% year-to-date.
Apr 13Camden Property Trust settles RealPage antitrust lawsuit for $53M; leadership changes announced.Neutral▶
Camden Property Trust agreed to settle RealPage rental software antitrust litigation for $53 million aggregate payment on April 7, 2026. Settlement not expected to materially impact 2026 Core FFO. Company promoted Alexander J. Jessett to CEO. Q1 earnings release scheduled April 30.
Apr 10Camden Property Trust agrees to $53 million antitrust settlement; Q1 earnings release for April 30.Mixed▶
Camden Property Trust announced a binding term sheet to settle class action antitrust litigation related to RealPage revenue management software for $53 million total. The company confirmed the settlement will not affect 2026 core FFO or FFO guidance and will not materially impact liquidity or dividend policy. Q1 2026 results will be released on April 30. Analyst consensus: 7 Buy, 18 Hold, 3 Sell.
Apr 9Camden Property Trust executes major leadership transition with Jessett as CEO and Baker as COO amid strong FFO performance.Positive▶
Camden Property Trust (CPT) elevated Alexander J. Jessett to Chief Executive Officer and Board member, promoted Laurie A. Baker to President and COO, and named Benjamin D. Fraker as CFO in late March 2026 succession plan. Richard J. Campo (Co-Founder) becomes Executive Chairman, and D. Keith Oden continues as Executive Vice Chairman. Company reported strong Q4 earnings exceeding FFO expectations with significant share buyback plan. Recent debt offering of $600M senior unsecured notes priced at 4.900% coupon due 2036. Q1 2026 cash dividend of $1.06 (ex-date March 31, 2026). Analyst consensus "Moderate Buy" with concerns on revenue forecasts and valuation. CPT owns and operates 172 properties with 58,759 apartment homes across the United States. Stock performance reflects positive earnings but caution on multifamily sector growth outlook. Company benefits from strong balance sheet and dividend support despite valuation concerns.
Apr 8Camden Property Trust promotes new CEO, COO, CFO as part of internal succession planning.Positive▶
Camden promoted Alexander J. Jessett to CEO and Board Manager (April 6, 2026), Laurie A. Baker to President/COO, Benjamin D. Fraker to EVP/CFO effective March 27, 2026. Internally sourced executives with 20+ years tenure ensure culture and operational continuity. Richard J. Campo (Co-Founder) became Executive Chairman; D. Keith Oden continues as Executive Vice Chairman. Camden ranked 13th on Fortune's 100 Best Companies for 19th consecutive year. $600M senior unsecured notes offering at 4.90% coupon. Consensus "Buy" (18 analysts) with $117.71 target, 9.62% upside.
Apr 7No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Apr 6Camden leadership transition complete; $600M debt offering priced.Positive▶
Camden executed leadership transition: Alexander Jessett promoted to CEO, Laurie Baker to President/COO, Benjamin Fraker to EVP/CFO, Richard Campo to Executive Chair. Priced $600M senior unsecured notes due 2036 at 4.900% coupon. Q1 2026 earnings April 30. Buy consensus PT $117.71.
Apr 3No significant overnight updatesNeutral▶
No material news in the last 48 hours. Q1 2026 earnings to be released April 30 with conference call May 1. Analyst consensus shows Buy rating with $117.71 price target.
Apr 2Camden Property Trust executes major leadership transition with new CEO, COO, and CFO while announcing $600 million debt offering and California portfolio exit.Neutral▶
Alexander J. Jessett promoted to CEO; Laurie A. Baker to President and COO; Benjamin D. Fraker to CFO. Richard J. Campo and D. Keith Oden transition to Executive Chairman and Executive Vice Chairman. CPT announced exit of entire 11-property California portfolio (>$1.5B sale) citing regulatory frustration and high costs. Priced $600 million senior unsecured notes at 4.9% coupon due 2036.
Apr 1Camden Property Trust executed major leadership transition; exiting entire California portfolio for $1.5B+.Negative▶
Alex Jessett promoted to CEO with co-founder Ric Campo becoming executive chair—first CEO change since 1993 IPO. Camden divesting entire 11-property California apartment portfolio (~3,600 units) citing regulatory frustration. Stock down 20% over past year.
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.