COPT Defense Properties (CDP)

NYSE: CDP · Real-Time Price · USD
31.97
-0.42 (-1.30%)
Feb 12, 2026, 12:26 PM EST - Market open
Market Cap3.68B +7.3%
Revenue (ttm)766.73M +1.7%
Net Income152.32M +9.6%
EPS1.34 +9.3%
Shares Out 115.08M
PE Ratio23.87
Forward PE23.91
Dividend$1.22 (3.81%)
Ex-Dividend DateDec 31, 2025
Volume338,400
Open32.67
Previous Close32.39
Day's Range31.94 - 32.78
52-Week Range23.92 - 32.78
Beta0.88
AnalystsBuy
Price Target33.38 (+4.41%)
Earnings DateFeb 5, 2026

About CDP

COPT Defense Properties is 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 September 31, 2025, the Company’s Defense... [Read more]

Industry REIT - Office
Founded 1988
Employees 427
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 $152.32 million, an increase of 10.04%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for CDP stock is "Buy." The 12-month stock price target is $33.38, which is an increase of 4.41% from the latest price.

Price Target
$33.38
(4.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days ago - Seeking Alpha

COPT Defense Properties (CDP) Q4 2025 Earnings Call Transcript

COPT Defense Properties (CDP) Q4 2025 Earnings Call Transcript

5 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...

6 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...

6 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...

6 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...

14 days 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
21 days 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 ...

24 days 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....

27 days 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...

4 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. ...

4 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...

5 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...

5 weeks 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...

5 weeks 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, ...

5 weeks 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
5 weeks 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

2 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 & ...

3 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...

3 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...

3 months ago - Business Wire

COPT Defense Properties: Shutdown Creates An Opportunity (Rating Upgrade)

COPT Defense Properties is upgraded to 'buy' due to its unique, mission-critical defense property portfolio and attractive 9.3% FFO yield. CDP is insulated from remote work and government shutdown ris...

4 months ago - Seeking Alpha

COPT Defense Provides Conference Call Details to Discuss 3Q 2025 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...

4 months ago - Business Wire

Echoes Of Earlier Easing

U.S. equity markets snapped a four-week winning streak, while benchmark interest rates rose as investors parsed a surprisingly strong slate of economic data, including a two-year high for GDP growth. ...

Other symbols: BBREBDNBNLBXPCIOCSRCTO
4 months ago - Seeking Alpha