COPT Defense Properties (CDP)
| Market Cap | 3.63B +20.8% |
| Revenue (ttm) | 780.55M +4.3% |
| Net Income | 155.53M +10.7% |
| EPS | 1.37 +10.1% |
| Shares Out | 115.30M |
| PE Ratio | 23.13 |
| Forward PE | 23.50 |
| Dividend | $1.28 (4.05%) |
| Ex-Dividend Date | Mar 31, 2026 |
| Volume | 298,551 |
| Open | 31.54 |
| Previous Close | 31.69 |
| Day's Range | 31.36 - 31.71 |
| 52-Week Range | 26.43 - 33.29 |
| Beta | 0.82 |
| Analysts | Buy |
| Price Target | 34.57 (+9.71%) |
| Earnings Date | Apr 27, 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 March 31, 2026, the Company’s Defense/IT Po... [Read more]
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 StatementsAnalyst Summary
According to 7 analysts, the average rating for CDP stock is "Buy." The 12-month stock price target is $34.57, which is an increase of 9.71% from the latest price.
News
COPT Defense Properties Earnings Call Transcript: Q1 2026
FFO per share grew 6.2% year-over-year, with strong leasing, high occupancy, and a 4.9% dividend increase. Moody’s upgraded the credit rating to Baa2, and guidance was raised for FFO, NOI, retention, and investment. Defense budget growth supports a positive outlook.
COPT Defense Properties price target raised to $38 from $37 at Evercore ISI
Evercore ISI analyst Steve Sakwa raised the firm’s price target on COPT Defense Properties (CDP) to $38 from $37 and keeps an Outperform rating on the shares. Published first on…
COPT Defense Properties reports Q1 AFFO 69c, consensus 68c
Reports Q1 revenue $200.64M, consensus $196.19M. Stephen E. Budorick, COPT Defense’s President & Chief Executive Officer, commented, “We achieved solid results in the first quarter and our performance...
COPT Defense Properties sees Q2 FFO 68c-70c
16:22 EDT COPT Defense Properties (CDP) sees Q2 FFO 68c-70c
COPT Defense Reports First Quarter 2026 Results
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the first quarter ended March 31, 2026. Management Comments Stephen E. Budor...
COPT Defense Provides Conference Call Details to Discuss Q1 2026 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 Transcript: JPMorgan Industrials Conference 2026
A specialized REIT focused on mission-critical defense properties maintains high occupancy and near-perfect government tenant retention, with strong barriers to entry and robust growth prospects tied to major defense initiatives like Golden Dome and Space Command. Financial discipline, stable cash flows, and bipartisan defense support underpin recent credit upgrades and ongoing expansion plans.
COPT Defense to Present at J.P. Morgan's 2026 Industrials 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 Properties price target raised to $33 from $31 at Truist
Truist analyst Michael Lewis raised the firm’s price target on COPT Defense Properties (CDP) to $33 from $31 and keeps a Hold rating on the shares. The REIT’s performance for…
COPT Defense Properties Transcript: Citi’s Miami Global Property CEO Conference 2026
A specialized REIT focused on high-security, mission-critical properties for U.S. defense, with over 90% of revenue from Defense/IT assets. Accelerated leasing is driven by the Golden Dome program, while development remains build-to-suit and self-funded. Dividend growth aligns with taxable income projections.
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...
COPT Defense Properties raises quarterly dividend 4.9% to 32c per share
COPT Defense Properties (CDP) announced that its Board of Trustees declared a regular quarterly dividend of $0.32 per common share for the first quarter ending March 31, 2026, which is…
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...
COPT Defense Properties price target raised to $34 from $29 at Citi
Citi raised the firm’s price target on COPT Defense Properties (CDP) to $34 from $29 and keeps a Neutral rating on the shares.
COPT Defense Properties price target raised to $37 from $33 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on COPT Defense Properties (CDP) to $37 from $33 and keeps an Overweight rating on the shares. COPT Defense reported strong results, with…
COPT Defense Properties Earnings Call Transcript: Q4 2025
FFO per share grew 5.8% in 2025, exceeding guidance, with strong leasing and occupancy gains. 2026 guidance projects continued growth despite higher financing costs, supported by robust development and a record U.S. defense budget.
COPT Defense Properties price target raised to $36 from $34 at Evercore ISI
Evercore ISI analyst Steve Sakwa raised the firm’s price target on COPT Defense Properties (CDP) to $36 from $34 and keeps an Outperform rating on the shares following guidance that…
COPT Defense Properties announces building lease with top 10 defense contractor
COPT Defense Properties (CDP) announced that it executed a 148,000 square foot lease with a top 10 U.S. Defense contractor at 400 National Business Parkway for a lease term of…
COPT Defense Properties reports Q4 FFO 70c, consensus 68c
Reports Q4 revenue $197.36M, consensus $185.3M. Stephen E. Budorick, COPT Defense’s President & Chief Executive Officer, commented, “We achieved excellent results in 2025, evidenced by our outperforma...
COPT Defense Properties sees Q1 FFO 67c-69c, consensus 67c
16:22 EST COPT Defense Properties (CDP) sees Q1 FFO 67c-69c, consensus 67c
COPT Defense Properties sees FY26 FFO $2.71-$2.79, consensus $2.73
16:23 EST COPT Defense Properties (CDP) sees FY26 FFO $2.71-$2.79, consensus $2.73
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...
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...
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...
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...