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Sentiment · FY2026 Q2
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Alexander Goldfarb | Piper Sandler | 9 (11%) |
| Jamie Feldman | Wells Fargo | 8 (0%) |
| Rich Hightower | Barclays | 8 (0%) |
| Brad Heffern | RBC Capital Markets | 7 (14%) |
| Eric Wolfe | Citigroup | 7 (14%) |
| Alex Kim | Zelman & Associates | 7 (0%) |
| John Kim | BMO Capital Markets | 7 (29%) |
| Haendel St. Juste | Mizuho Securities | 7 (29%) |
| Steve Sakwa | Evercore ISI | 6 (0%) |
| Austin Wurschmidt | KeyBanc Capital Markets | 6 (0%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Citigroup | 2 | 9 (11%) |
| Piper Sandler | 1 | 9 (11%) |
| Barclays | 1 | 8 (0%) |
| UBS | 3 |
| Wells Fargo | 1 | 8 (0%) |
| BMO Capital Markets | 1 | 7 (29%) |
| RBC Capital Markets | 1 | 7 (14%) |
| Bank of America | 2 | 7 (0%) |
Camden delivered Q1 core FFO of $1.70 per share, exceeding the midpoint of guidance by $0.04, though guidance was reaffirmed at a $6.75 midpoint as the beat was timing-related. Bad debt reached its lowest level since the onset of COVID at less than 40 basis points. April blends improved 100 basis points with green shoots emerging, and supply was down 50% from peak with completions on a clear decline path. The California sale was progressing with a single buyer in diligence.
Revenue Growth | Capital Allocation | Competitive Dynamics | Demand | Pricing | M&A | Macroeconomic | Capex Investment | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 4 | 5 | 4 | 5 | 2 | 2 | 1 | 3 |
| 2025Q1 | 6 | 5 | 2 | 5 | 5 | 2 | 2 | 2 |
| 2025Q2 | 9 | 2 | 5 | 6 | 4 | 1 | 5 | 2 |
| 2025Q3 | 6 | 5 | 7 | 5 | 4 | 2 | 3 | 1 |
| 2025Q4 | 8 | 5 | 3 | 2 | 4 | 4 | 2 | 3 |
| 2026Q1 | 4 | 5 | 6 | 2 | 5 | 3 | 1 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4 | 6 | 9 | 6 | 8 | 4 |
| Capital Allocation | 5 | 5 | 2 | 5 | 5 | 5 |
| Competitive Dynamics | 4 | 2 | 5 | 7 | 3 | 6 |
| Demand | 5 | 5 | 6 | 5 | 2 | 2 |
| Pricing | 2 | 5 | 4 | 4 | 4 | 5 |
| M&A | 2 | 2 | 1 | 2 | 4 | 3 |
| Macroeconomic | 1 | 2 | 5 | 3 | 2 | 1 |
| Capex Investment | 3 | 2 | 2 | 1 | 3 | 1 |
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $386M | -0.3% | $0.37 | -81.8% | 19.6% | 10.5% | $65M |
| FY2025 Q1 | $391M | +1.9% | $0.36 | -53.2% | 19.2% | 9.9% | $70M |
| FY2025 Q2 | $397M | +2.4% | $0.74 | +85.0% | 18.1% | 20.3% | $114M |
| FY2025 Q3 | $396M | +2.2% | $1.00 | +2684.0% | 16.1% | 27.5% | $446M |
| FY2025 Q4 | $391M | +1.2% | $1.43 | +286.5% | 20.0% | 39.9% | $196M |
| FY2026 Q1 | $391M | +0.1% | $0.40 | +11.1% | 19.2% | 10.9% | $-42M |
| FY2026 Q2 | $396M | -0.1% | $0.18 | -75.7% | 21.7% | 4.7% | $42M |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
What CPT and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“Camden is a good company. It's run by smart people, but dynamics are different, right?”
Essex comments on peer multifamily REIT Camden Property Trust marketing its portfolio for sale, praising the company while noting its more geographically dispersed strategy differs from Essex's.
“So if you look at RealPage, first of all, all of that litigation—we did come to an agreement in terms—but it is not in the rearview mirror yet.”
Camden discusses the RealPage revenue-management antitrust litigation as reaching an agreement but not fully resolved, an ongoing legal overhang for the software vendor.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
CPT Camden Property Trust | 5 | +0.1% | |
| AVB AvalonBay Communities | 6 | +3.3% | |
| ESS Essex Property Trust | 5 | +1.5% | |
| INVH Invitation Homes | 6 | +8.8% | |
| MAA Mid-America Apartment Communities | 5 | +0.8% | |
| UDR UDR, Inc. | 5 | +0.9% | |
| VMRK Vivmark Residential | 5 | +2.5% |