The real estate investment trust reaffirmed its full-year 2026 guidance of $6.75 core FFO per share amid portfolio shifts.
Camden Property Trust set a midpoint of $1.69 core funds from operations per share for Q3 2026, up from prior expectations. The company cited strategic sales of California properties and reinvestment in Sunbelt markets as key drivers for the revised outlook.
The REIT maintained its full-year 2026 core FFO guidance at $6.75 per share, unchanged from previous forecasts. Q2 2026 results reflected ongoing portfolio optimization efforts, including asset reallocation to higher-growth regions.
Management emphasized the focus on improving market concentration in Sunbelt areas, aligning with long-term growth strategies for the multifamily sector.