COPT Defense Properties (CDP)
Market Cap | 3.13B |
Revenue (ttm) | 751.46M |
Net Income (ttm) | 143.78M |
Shares Out | 115.12M |
EPS (ttm) | 1.27 |
PE Ratio | 21.39 |
Forward PE | 20.67 |
Dividend | $1.22 (4.48%) |
Ex-Dividend Date | Jun 30, 2025 |
Volume | 643,737 |
Open | 27.39 |
Previous Close | 27.28 |
Day's Range | 26.91 - 27.44 |
52-Week Range | 23.92 - 34.22 |
Beta | 0.89 |
Analysts | Buy |
Price Target | 33.50 (+23.14%) |
Earnings Date | Jul 28, 2025 |
About ML
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 March 31, 2025, the Company’s Defense/ IT Por... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for CDP stock is "Buy." The 12-month stock price target is $33.5, which is an increase of 23.14% from the latest price.
News

COPT Defense Properties: An Opportunity To Own The Current Momentum For Defense Spending
For my initial rating of COPT Defense Properties, I am calling it a buy, agreeing with today's consensus from analysts and Wall St. The REIT stands out for its active development pipeline, high tenant...

COPT Defense Properties (CDP) Q2 2025 Earnings Call Transcript
COPT Defense Properties (NYSE:CDP) Q2 2025 Earnings Conference Call July 29, 2025 12:00 PM ET Company Participants Anthony Mifsud - Executive VP & CFO Britt A. Snider - Executive VP & COO Stephen E.

COPT Defense Reports Second Quarter 2025 Results
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the second quarter ended June 30, 2025. Management Comments Stephen E. Budor...

Lessons Learned From My Development Days: 2 Shovel-Ready REIT Picks
My experience as a developer taught me to value risk mitigation, strong contracts, and conservative balance sheets in real estate investing. EastGroup Properties, Inc. stands out for its Sunbelt focus...

COPT Defense Provides Conference Call Details to Discuss 2Q 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 second qua...

U.S. REIT Same-Store Net Operating Income Growth Slips In Q1
US equity REITs reported a marginal decline in the median growth rate of their same-store NOI in Q1 as the commercial real estate market continues to face macroeconomic challenges. Among all US equity...

COPT Defense to Present at Nareit's REITweek: 2025 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...

COPT Defense Declares Second 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...

COPT Defense Properties: Undervalued With Solid Growth Prospects
COPT Defense Properties offers a defensive investment with a 4.6% dividend yield, supported by mission-critical Defense/IT assets and minimal exposure to at-risk GSA tenants. Solid operating results i...

COPT Defense Properties (CDP) Q1 2025 Earnings Call Transcript
COPT Defense Properties (NYSE:CDP) Q1 2025 Results Conference Call April 28, 2025 12:00 PM ET Company Participants Venkat Kommineni - Vice President, Investor Relations Steve Budorick - President and...

COPT Defense Reports First Quarter 2025 Results
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the first quarter ended March 31, 2025. Management Comments Stephen E. Budor...

COPT Defense Executes Two Investment Leases in Redstone Gateway Totaling 55,000 SF, Bringing Total Portfolio Year-to-Date Investment Leasing to 103,000 SF
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) has executed two investment leases in Redstone Gateway totaling 55,000 square feet, bringing the t...

COPT Defense Provides Conference Call Details to Discuss 1Q 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 first quar...

COPT Defense Properties Faces Risks: Analyst Sees Uncertainty In Leasing Process Amid Budget Cut Risks
JP Morgan analyst Anthony Paolone maintained the Neutral rating on COPT Defense Properties CDP, lowering the price forecast to $29 from $31.

COPT Defense Executes 48,000 SF Lease with a Top 10 U.S. Defense Contractor at Franklin Center in Columbia Gateway
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) has executed a 10-year lease with a top 10 U.S. Defense Contractor for 48,100 square feet at 6841 ...

COPT Defense to Present at Citi's 2025 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...

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...

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...

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 ...

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 ...

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...

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...

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...

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 ...