Investor Presentation May 2025 Camden Leander – Leander, TX Why Camden? We're Positioned for Excellence *2Q25 data through 5/29/25. 2 The Right Product in the Right Markets Balance Sheet Strength and Liquidity Consistent Earnings and Dividend Growth Proven Record of Capital Recycling and Value Creation Innovation, Technology, and Talent = Operational Excellence Camden Main and Jamboree – Irvine, CA Table of Contents | | 2025 Highlights/Recent Updates | 4 | | --- | --- | --- | | | Company Overview | 5-12 | | ...

随着特朗普的关税政策让企业陷入冻结式观望模式，历经2023和2024年两次虚惊的美国经济，这次可能 真的要面对考验。 6月7日，有"新美联储通讯社"之称的华尔街日报记者Nick Timiraos发表文章称，尽管美国经济在2023年 和2024年成功避开了多次衰退警报，但目前正步入另一个令人不安的夏季。虽然5月份美国新增13.9万 就业岗位，失业率在过去一年中一直保持在4%至4.2%的稳定区间，但经济表面之下已出现裂痕。 最令人担忧的是，企业纷纷警告，不断变化的贸易政策正干扰其未来规划能力，导致招聘和投资冻结。 这种政策不确定性发生在就业增长放缓、房地产市场降温的背景下。与去年相比，美联储也因担忧新的 通胀风险而更加不愿降息。 消费者债务拖欠率已经持续上升一年，这引发了担忧：低收入借款人财务状况的恶化可能导致消费支出 更明显的放缓。据房地产经纪公司Redfin数据显示，美国市场现在的卖家比买家多出近50万，这是自 2013年该公司开始统计以来最大的差距。Redfin经济学家Chen Zhao预测，今年房价可能下跌1%。 文章指出，劳动力市场脆弱平衡、消费者支出变化和金融市场冲击——这个三大因素可能会以令人猝不 ...

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MAA, CPT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. A Bu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents For the transition period from ______________ to _______________ Commission file number: 1-12110 CAMDEN PROPERTY TRUST (Exact Name of Registrant as Specified in Its Charte ...

Camden Property Trust (CPT) Q1 2025 Earnings Call May 02, 2025 11:00 AM ET Company Participants Kim Callahan - SVP of IRRic Campo - Chairman and CEOKeith Oden - Executive Vice Chairman of the BoardAlex Jessett - President & CFOEric Wolfe - DirectorBrad Heffern - DirectorSteve Sakwa - Senior Managing DirectorHaendel St. Juste - Managing DirectorJohn Kim - Managing Director - US Real EstateRichard Hightower - Managing DirectorJana Galan - DirectorAlexander Kim - Equity Research Associate Conference Call Parti ...

Financial Data and Key Metrics Changes - Camden Property Trust reported core funds from operations (FFO) for Q1 2025 of $189.8 million, or $1.72 per share, which was $0.04 ahead of the midpoint of prior guidance [17] - The company increased the midpoint of its full-year core FFO guidance by $0.03 per share from $6.75 to $6.78, primarily due to lower projected interest expenses [19] - The annualized net turnover rate for Q1 2025 was 31%, one of the lowest in the company's history, indicating strong resident retention [12] Business Line Data and Key Metrics Changes - Same property revenue growth in the top five markets ranged from 1.3% to 4.5%, compared to an overall portfolio growth of 0.8% [10] - Effective new leases were down 3.1%, while renewals were up 3.3%, resulting in a blended rate of negative 0.1% for the quarter [10] - Camden's customer sentiment score reached 91.1, the highest since measurement began in 2014, reflecting strong resident satisfaction [12] Market Data and Key Metrics Changes - New supply in Camden's markets has peaked, with apartment absorption remaining strong; new starts are at a 13-year low, down 80% in Austin and 65-80% in several other markets [6] - The Sunbelt markets are 50% to 60% less expensive for residents compared to high-cost coastal markets, contributing to job and population growth [7] - Occupancy for Q1 averaged 95.4%, showing slight improvement from 95.3% in Q4 2024, with expectations for stability throughout the year [11] Company Strategy and Development Direction - Camden is focused on expanding its presence in high-demand markets like Nashville and Austin, with plans for acquisitions and developments in these areas [14][83] - The company aims to maintain a geographically diverse portfolio to weather economic uncertainties, emphasizing the importance of the Sunbelt region for growth [7] - Camden is actively marketing older, capital-intensive assets for sale while pursuing new acquisitions to enhance its portfolio [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the current economic uncertainty but expressed confidence in the company's strong position and operational performance [22] - The company is cautious about guidance changes due to market volatility but remains optimistic about future performance as supply-demand dynamics improve [30] - Management noted that while Nashville and Austin face challenges, they are expected to recover quickly once market conditions improve [31] Other Important Information - Camden completed two acquisitions totaling $199 million and commenced construction on a new development community with an estimated cost of $184 million [14] - The company entered into a $600 million commercial paper program to supplement its existing line of credit, allowing for lower interest rates [16] - Camden's development pipeline is being rebuilt, with a focus on disciplined underwriting amid rising construction costs [88] Q&A Session Summary Question: Maintaining same store guidance amid macro uncertainty - Management indicated that the current uncertainty has influenced their cautious approach to guidance changes, but they feel confident about the business's performance [22] Question: Stabilization of deliveries in Sunbelt markets - Nashville and Austin are expected to remain challenged, but improvements are anticipated in the latter half of 2025 as supply decreases [29] Question: Impact of oil prices on Houston market - Management believes that lower oil prices will not significantly affect Houston's market due to the consolidation and efficiency of the energy sector [110] Question: Projections for A and B assets in Sunbelt markets - Class A urban assets are currently performing slightly better than Class B suburban assets, reflecting changing supply-demand dynamics [68] Question: Insights on bad debt levels - Bad debt improved to 60 basis points, nearing the normalized level of 50 basis points, with significant improvements in previously problematic markets [95]

Camden Property Trust (CPT) reported first-quarter 2025 core funds from operations (FFO) per share of $1.72, beating the Zacks Consensus Estimate of $1.68. The figure improved 1.2% year over year.The quarterly results reflect higher same-property revenues and same-property net operating income (NOI) and improved occupancy. CPT issued guidance for the second quarter and raised its full-year 2025 core FFO per share range.Property revenues in the quarter came in at $390.6 million, outpacing the Zacks Consensus ...

Camden Long Meadow Farms – Richmond, TX Investor Presentation March 2025 Why Camden? We're Positioned for Excellence Balance Sheet Strength and Liquidity Proven Record of Capital Recycling and Value Creation 2 The Right Product in the Right Markets Consistent Earnings and Dividend Growth Innovation, Technology, and Talent = Operational Excellence Camden Main and Jamboree – Irvine, CA Table of Contents | Company Overview | 4-9 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | -- ...

For the quarter ended March 2025, Camden (CPT) reported revenue of $390.57 million, up 1.9% over the same period last year. EPS came in at $1.72, compared to $0.77 in the year-ago quarter.The reported revenue represents a surprise of +0.66% over the Zacks Consensus Estimate of $388.01 million. With the consensus EPS estimate being $1.68, the EPS surprise was +2.38%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...