COPT Defense Properties (CDP)
Market Cap | 3.57B |
Revenue (ttm) | 749.50M |
Net Income (ttm) | 136.97M |
Shares Out | 114.61M |
EPS (ttm) | 1.21 |
PE Ratio | 25.77 |
Forward PE | 23.79 |
Dividend | $1.18 (3.79%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 872,501 |
Open | 30.61 |
Previous Close | 30.66 |
Day's Range | 30.10 - 31.45 |
52-Week Range | 22.20 - 34.22 |
Beta | 1.00 |
Analysts | Buy |
Price Target | 32.14 (+3.31%) |
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 December 31, 2023, the Company’s Defense/IT Po... [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 $32.14, which is an increase of 3.31% from the latest price.
News
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...
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
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
3 'Mission Critical' REITs
Many investors make the mistake of buying unsteady stocks or overpriced steady stocks, similar to the tulip mania bubble in the 1600s. American Tower is a cell tower REIT that plays a critical role in...
COPT Defense Declares Second 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...
COPT Defense Properties (CDP) Q1 2024 Earnings Call Transcript
COPT Defense Properties (NYSE:CDP) Q1 2024 Earnings Conference Call April 26, 2024 12:00 PM ET Company Participants Venkat Kommineni - VP of IR Stephen Budorick - President & CEO Britt Snider - COO A...
COPT Defense Acquires 202,000 Square Foot Building in Columbia, MD
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced the acquisition of a 202,000 square foot Class A building, located in Columbia Gateway a...
COPT Defense Reports First Quarter 2024 Results
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the first quarter ended March 31, 2024. Management Comments Stephen E. Budor...
Cured by Innovaccer Launches AI-Powered Healthcare Experience Platform (HXP) to Fuel Holistic Consumer Experience
SAN FRANCISCO--(BUSINESS WIRE)--Cured by Innovaccer Inc., announces the launch of the Healthcare Experience Platform (HXP)—a comprehensive solution powered by AI to ignite patient engagement and reven...
COPT Defense Properties: Slow And Steady Growth
COPT Defense Properties owns specialized defense properties with high renewal rates and rent roll-ups, positioning the company for 4%-5% growth. The company benefits from the stability of government a...
COPT Defense Provides Conference Call Details to Discuss 1Q 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 first quar...
COPT Defense to Present at Citi's 2024 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...