COPT Defense Properties (CDP)

NYSE: CDP · Real-Time Price · USD
32.48
+0.32 (1.00%)
Mar 4, 2026, 1:49 PM EST - Market open
Market Cap3.73B +21.4%
Revenue (ttm)766.73M +1.7%
Net Income151.69M +9.6%
EPS1.34 +9.3%
Shares Out 114.89M
PE Ratio23.99
Forward PE24.03
Dividend$1.22 (3.79%)
Ex-Dividend DateMar 31, 2026
Volume299,167
Open32.25
Previous Close32.16
Day's Range31.76 - 32.47
52-Week Range23.92 - 32.82
Beta0.88
AnalystsBuy
Price Target33.63 (+3.54%)
Earnings DateFeb 5, 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 8 analysts, the average rating for CDP stock is "Buy." The 12-month stock price target is $33.63, which is an increase of 3.54% from the latest price.

Price Target
$33.63
(3.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

1 day 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...

6 days 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...

12 days 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...

22 days ago - Seeking Alpha

COPT Defense Properties (CDP) Q4 2025 Earnings Call Transcript

COPT Defense Properties (CDP) Q4 2025 Earnings Call Transcript

25 days 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...

26 days 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...

26 days 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...

26 days 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...

4 weeks 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
5 weeks 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 ...

6 weeks 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....

6 weeks 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...

7 weeks 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. ...

7 weeks 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...

7 weeks 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...

2 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...

2 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, ...

2 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
2 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

3 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...

3 months ago - Seeking Alpha

COPT Defense Declares Fourth Quarter 2025 Common Dividend

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 $0.305 per com...

3 months ago - Business Wire

COPT Defense Properties (CDP) Q3 2025 Earnings Call Transcript

COPT Defense Properties ( CDP) Q3 2025 Earnings Call October 31, 2025 12:00 PM EDT Company Participants Venkat Kommineni - Vice President of Investor Relations Stephen E. Budorick - President, CEO & ...

4 months ago - Seeking Alpha

COPT Defense Reports Third Quarter 2025 Results

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the third quarter ended September 30, 2025. Management Comments Stephen E. B...

4 months ago - Business Wire

COPT Defense Acquires 142,000 Square Foot Building in Chantilly, VA

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced the acquisition of Stonegate I, a 142,000 square foot Class A office building at 15050 C...

4 months ago - Business Wire