COPT Defense Properties (CDP)

NYSE: CDP · Real-Time Price · USD
31.35
+0.77 (2.52%)
Apr 2, 2026, 4:00 PM EDT - Market closed
Market Cap3.60B +18.1%
Revenue (ttm)766.73M +1.7%
Net Income151.69M +9.6%
EPS1.34 +9.3%
Shares Out 114.89M
PE Ratio23.39
Forward PE23.26
Dividend$1.22 (3.89%)
Ex-Dividend DateMar 31, 2026
Volume1,093,264
Open30.53
Previous Close30.58
Day's Range30.35 - 31.43
52-Week Range23.92 - 32.82
Beta0.88
AnalystsBuy
Price Target34.00 (+8.45%)
Earnings DateApr 27, 2026

About CDP

COPT Defense Properties, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government defense installations and missions (referred to as its Defense/IT Portfolio). The Company’s tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of December 31, 2025, the Company’s Defense/IT... [Read more]

Industry REIT - Office
Founded 1988
Employees 430
Stock Exchange NYSE
Ticker Symbol CDP
Full Company Profile

Financial Performance

In 2025, COPT Defense Properties's revenue was $766.73 million, an increase of 1.73% compared to the previous year's $753.66 million. Earnings were $151.69 million, an increase of 9.59%.

Financial Statements

Analyst Summary

According to 7 analysts, the average rating for CDP stock is "Buy." The 12-month stock price target is $34.0, which is an increase of 8.45% from the latest price.

Price Target
$34.0
(8.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

COPT Defense Provides Conference Call Details to Discuss Q1 2026 Results

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss first quar...

3 days ago - Business Wire

COPT Defense Properties (CDP) Presents at JPMorgan Industrials Conference 2026 Transcript

COPT Defense Properties (CDP) Presents at JPMorgan Industrials Conference 2026 Transcript

17 days ago - Seeking Alpha

COPT Defense Properties: A Resilient REIT With Inflecting Growth

COPT Defense Properties remains a "Buy," benefiting from its unique, defense-focused real estate niche and durable government tenant base. CDP's portfolio is insulated from remote work and defense spe...

17 days ago - Seeking Alpha

COPT Defense to Present at J.P. Morgan's 2026 Industrials Conference

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its President & CEO, Stephen E. Budorick, will provide an overview of the Company a...

25 days ago - Business Wire

COPT Defense Properties (CDP) Presents at Citi's Miami Global Property CEO Conference 2026 Transcript

COPT Defense Properties (CDP) Presents at Citi's Miami Global Property CEO Conference 2026 Transcript

4 weeks ago - Seeking Alpha

COPT Defense to Present at Citi's 2026 Global Property CEO Conference

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its President & CEO, Stephen E. Budorick, will provide an overview of the Company a...

5 weeks ago - Business Wire

COPT Defense Increases Quarterly Dividend by 4.9%

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.32 per comm...

6 weeks ago - Business Wire

36 U.S. REITs Expected To Raise Dividends In Q1 2026

Thirty-six publicly traded US real estate investment trusts are projected to increase dividend payouts in the first quarter, according to S&P Global Market Intelligence forecasts. The remaining 100 pu...

7 weeks ago - Seeking Alpha

COPT Defense Properties (CDP) Q4 2025 Earnings Call Transcript

COPT Defense Properties (CDP) Q4 2025 Earnings Call Transcript

2 months ago - Seeking Alpha

COPT Defense Establishes 2026 Guidance

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) is establishing the following guidance for the year ending December 31, 2026: 2026 Guidance Dilute...

2 months ago - Business Wire

COPT Defense Reports Strong Full Year 2025 Results

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the fourth quarter and full year ended December 31, 2025. Management Comment...

2 months ago - Business Wire

COPT Defense Executes Full Building Lease with Top 10 U.S. Defense Contractor at 400 National Business Parkway

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) executed a 148,000 square foot lease with a top 10 U.S. Defense contractor at 400 National Busines...

2 months ago - Business Wire

COPT Defense Announces Tax Treatment of 2025 Distributions

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced the 2025 tax treatment of its common share distributions as described below. Shareholder...

2 months ago - Business Wire

Top 10 Dividend Stocks For Uncertain Times

Stocks entered 2026 on a positive note before a global sell-off wiped out gains, driven by tariff tensions, a Greenland tug-of-war, and Japan's bond crisis. In this uncertain environment, dividends ca...

Other symbols: BMYDRHHSTLNCMRKPINEPSX
2 months ago - Seeking Alpha

Powell Under Pressure

U.S. equity markets posted mixed performance this past week as investors weighed a resilient slate of economic data against renewed tensions between the White House and the Fed. Investor reaction was ...

2 months ago - Seeking Alpha

COPT Defense Executes 236,000 Square Foot Build-to-Suit Lease in its Maryland Portfolio

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) executed a build-to-suit lease in January 2026 with a Defense/IT tenant in its Maryland portfolio....

2 months ago - Business Wire

COPT Defense Mourns the Death of Former Chief Executive Officer and Trustee, Roger A. Waesche, Jr.

COLUMBIA, Md.--(BUSINESS WIRE)--It is with great sadness that COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announces the passing of its former CEO and Trustee, Roger A. Waesch...

2 months ago - Business Wire

COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) executed a build-to-suit lease in December 2025 with a Fortune 100 Company in San Antonio, Texas. ...

3 months ago - Business Wire

COPT Defense Completes 557,000 Square Feet of Vacancy Leasing in 2025, Exceeds Revised Target

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) completed 557,000 square feet of vacancy leasing in 2025, with a weighted-average lease term of ro...

3 months ago - Business Wire

COPT Defense Provides Conference Call Details to Discuss 4Q and YE 2025 Results and Management's 2026 Outlook

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss fourth qua...

3 months ago - Business Wire

COPT Defense Executes 110,000 Square Foot Build-to-Suit Lease at the University of Maryland's Discovery District

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) executed a build-to-suit lease in December 2025 with the University of Maryland's (UMD) Applied Re...

3 months ago - Business Wire

COPT Defense Properties: An AI Power Play Hiding In An Office REIT's Clothing

COPT Defense Properties is rated a buy, offering a unique blend of AI-driven data center upside and stable, monopolistic defense property cash flows. CDP's regulatory moat, high-security tenant base, ...

3 months ago - Seeking Alpha

Goldman Sachs Small Cap Value Fund Q3 2025 Portfolio Update

The Goldman Sachs Small Cap Value Fund – Institutional Shares underperformed its benchmark, the Russell 2000 Value Index (net), during the quarter. Stock selection in Financials and Real Estate contri...

Other symbols: BVCDECOLBHIWNMRKSLDE
3 months ago - Seeking Alpha

COPT Defense Properties (NYSE: CDP), President & CEO Steve Budorick Interviewed by Advisor Access

COPT Defense Properties: A Unique Specialty Real Estate Franchise Supporting National Defense COPT Defense Properties: A Unique Specialty Real Estate Franchise Supporting National Defense

4 months ago - GlobeNewsWire

Winners And Losers Of REIT Earnings Season

Over 200 U.S. REITs and homebuilders have reported third-quarter earnings results over the past five weeks, providing critical information on the state of the commercial and residential real estate in...

5 months ago - Seeking Alpha