COPT Defense Properties (CDP)
Market Cap | 3.08B |
Revenue (ttm) | 753.66M |
Net Income (ttm) | 138.93M |
Shares Out | 114.59M |
EPS (ttm) | 1.23 |
PE Ratio | 21.79 |
Forward PE | 19.97 |
Dividend | $1.18 (4.40%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 77,638 |
Open | 26.86 |
Previous Close | 26.73 |
Day's Range | 26.73 - 27.06 |
52-Week Range | 22.20 - 34.22 |
Beta | 1.01 |
Analysts | Buy |
Price Target | 33.14 (+23.34%) |
Earnings Date | Feb 6, 2025 |
About CDP
COPT Defense, 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 (“USG”) 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 September 30, 2024, the Company’s Defense/IT P... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for CDP stock is "Buy." The 12-month stock price forecast is $33.14, which is an increase of 23.34% from the latest price.
News
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COPT Defense Increases Quarterly Dividend by 3.4%
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...
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Sparkfly Expands to Over 18,000 Locations, Posts 30% Growth in 2024
ATLANTA--(BUSINESS WIRE)--Sparkfly, an award-winning retail technology solutions company, today announced significant growth and performance achievements for 2024. The company posted a 30 percent reve...
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COPT Defense: High Rates And DOGE Uncertainty Limit Upside
COPT Defense Properties offers a unique defense real estate portfolio with high occupancy and a 4.2% dividend yield but faces growth headwinds from rising interest rates. CDP's specialized properties ...
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COPT Defense Properties (CDP) Q4 2024 Earnings Call Transcript
COPT Defense Properties (NYSE:CDP) Q4 2024 Earnings Conference Call February 7, 2025 12:00 PM ET Company Participants Venkat Kommineni - Vice President, Investor Relations Steve Budorick - President ...
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COPT Defense Establishes 2025 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, 2025: 2025 Guidance Dilute...
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COPT Defense Reports Strong Full Year 2024 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, 2024. Management Comment...
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COPT Defense Announces Tax Treatment of 2024 Distributions
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced the 2024 tax treatment of its common share distributions as described below. Shareholder...
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Become A 'Mission Critical' AI Landlord And Sleep Well At Night
Data center REITs have become the largest property sector, driven by AI demand and digital technology proliferation, making them core positions in market cap weighted ETFs. Digital Realty and Equinix ...
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COPT Defense Provides Conference Call Details to Discuss 4Q and YE 2024 Results and Management's 2025 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...
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Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...
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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
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COPT Defense Declares Fourth Quarter 2024 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 $0.295 per com...
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COPT Defense Properties (CDP) Q3 2024 Earnings Call Transcript
COPT Defense Properties (NYSE:CDP) Q3 2024 Earnings Conference Call October 29, 2024 12:00 PM ET Company Participants Venkat Kommineni - VP, IR Steve Budorick - President and CEO Britt Snider - EVP a...
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COPT Defense Reports Strong Third Quarter 2024 Results
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the third quarter ended September 30, 2024. Management Comments Stephen E. B...
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COPT Defense Acquires Land for Data Center Shell Development near Des Moines, IA and an 80,000 Square Foot Building in San Antonio, TX
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) acquired a 365-acre land parcel near Des Moines, Iowa in late September for $32 million to expand ...
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COPT Defense Properties Is Just Getting Started
COPT Defense Properties offers stable cash flow and growth potential due to its focus on specialized Defense/IT properties leased to U.S. government agencies and contractors. CDP has shown strong oper...
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COPT Defense Provides Conference Call Details to Discuss 3Q 2024 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 third quar...
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COPT Defense to Present at the BofA Securities 2024 Global Real Estate Conference
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its President and CEO, Stephen E. Budorick, will provide an overview of the Company...
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COPT Defense Declares Third Quarter 2024 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 $0.295 per com...
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COPT Defense Properties (CDP) Q2 2024 Earnings Call Transcript
COPT Defense Properties (NYSE:CDP) Q2 2024 Earnings Conference Call July 30, 2024 12:00 PM ET Company Participants Venkat Kommineni - Vice President, Investor Relations Steve Budorick - President & C...
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COPT Defense Reports Strong Second Quarter 2024 Results
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the second quarter ended June 30, 2024. Management Comments Stephen E. Budor...
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COPT Defense Provides Conference Call Details to Discuss 2Q 2024 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 second qua...
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COPT Defense Properties: Not Your Average Office REIT
COPT Defense Properties is a resilient office REIT with a focus on defense and IT tenants, leading to stable cash flows and high retention rates. The company benefits from long-term growth in defense ...
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COPT Defense to Present at Nareit's REITweek: 2024 Investor Conference
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company a...