Camden Property Trust (CPT) Q2 FY26 earnings call

Camden Property Trust successfully executed a major strategic rebalancing in Q2 FY26, divesting its California portfolio and reinvesting proceeds into Sunbelt acquisitions and share repurchases. The company reaffirmed its full-year FFO guidance, citing better-than-expected operating performance and expense control. Management highlighted emerging "green shoots" in leasing trends, with sequential improvements in blended lease rates and positive new lease activity, signaling a potential inflection point for revenue growth in the coming quarters.