COPT Defense Properties (CDP)
| Market Cap | 3.86B +18.5% |
| Revenue (ttm) | 806.62M +7.2% |
| Net Income | 169.47M +13.5% |
| EPS | 1.48 +12.0% |
| Shares Out | 115.34M |
| PE Ratio | 22.64 |
| Forward PE | 22.34 |
| Dividend | $1.28 (3.82%) |
| Ex-Dividend Date | Sep 30, 2026 |
| Volume | 1,090,859 |
| Open | 33.16 |
| Previous Close | 32.87 |
| Day's Range | 33.01 - 33.56 |
| 52-Week Range | 27.06 - 38.90 |
| Beta | 0.80 |
| Analysts | Buy |
| Price Target | 39.13 (+16.84%) |
| Earnings Date | Oct 29, 2026 |
About CDP
COPT Defense Properties 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 30, 2026, the Company’s Defense/IT Portfolio of 202 propertie... [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 8 analysts, the average rating for CDP stock is "Buy." The 12-month stock price target is $39.13, which is an increase of 16.84% from the latest price.
News
COPT Defense Properties price target lowered to $36 from $40 at Citi
Citi lowered the firm’s price target on COPT Defense Properties (CDP) to $36 from $40 and keeps a Neutral rating on the shares.
COPT Defense Properties Earnings Call Transcript: Q3 2026
Q3 FFO per share beat guidance, with strong leasing and higher 2026 guidance. Defense/IT occupancy remained high, while interest costs and rising rates remain key financial headwinds.
COPT Defense Properties Earnings release: Q3 2026
COPT Defense Properties released its Q3 2026 earnings on October 30, 2026, summarizing the period's financial results.
COPT Defense Properties Slides: Q3 2026
COPT Defense Properties has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 30, 2026.
COPT Defense Properties Quarterly report: Q3 2026
COPT Defense Properties has published its Q3 2026 quarterly earnings report on October 30, 2026.
COPT Defense Properties price target lowered to $40 from $41 at Evercore ISI
Evercore ISI lowered the firm’s price target on COPT Defense Properties (CDP) to $40 from $41 and keeps an Outperform rating on the shares.
COPT Defense Properties reports Q3 AFFO 71c, consensus 69c
Reports Q3 revenue $208.76M, consensus $195.75M. Stephen E. Budorick, COPT Defense’s President & Chief Executive Officer, commented, “Our track record of outperformance continued in the third quarter,...
COPT Defense Properties sees Q4 EPS 68c-70c
16:20 EDT COPT Defense Properties (CDP) sees Q4 EPS 68c-70c
COPT Defense Reports Third Quarter 2026 Results
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the third quarter ended September 30, 2026. Management Comments Stephen E. B...
COPT Defense Provides Conference Call Details to Discuss 3Q 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 third quar...
COPT Defense Properties price target lowered to $41 from $43 at Evercore ISI
Evercore ISI lowered the firm’s price target on COPT Defense Properties (CDP) to $41 from $43 and keeps an Outperform rating on the shares. Adjustments to REIT valuations “reflect a…
COPT Defense Provides an Update on Leasing Activity and Capital Commitments to New Investments
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) provided an update on vacancy leasing, investment leasing, and capital commitments to new investme...
COPT Defense Properties price target raised to $41 from $36 at Wells Fargo
Wells Fargo raised the firm’s price target on COPT Defense Properties (CDP) to $41 from $36 and keeps an Overweight rating on the shares. The firm believes REITs will continue…
COPT Defense Properties price target raised to $38 from $34 at Truist
Truist analyst Michael Lewis raised the firm’s price target on COPT Defense Properties (CDP) to $38 from $34 and keeps a Hold rating on the shares. The firm is lowering…
COPT Defense Declares Third Quarter 2026 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 $0.32 per comm...
COPT Defense Properties price target raised to $40 from $34 at Citi
Citi raised the firm’s price target on COPT Defense Properties (CDP) to $40 from $34 and keeps a Neutral rating on the shares.
COPT Defense Properties Earnings Call Transcript: Q2 2026
FFO per share grew 4.4% year-over-year to $0.71, exceeding guidance, with strong leasing and tenant retention driving raised annual guidance for FFO, NOI, and capital commitments. Defense sector demand and bipartisan budget support underpin robust growth and development activity.
COPT Defense Properties Earnings release: Q2 2026
COPT Defense Properties released its Q2 2026 earnings on July 28, 2026, summarizing the period's financial results.
COPT Defense Properties Slides: Q2 2026
COPT Defense Properties has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 28, 2026.
COPT Defense Properties Quarterly report: Q2 2026
COPT Defense Properties has published its Q2 2026 quarterly earnings report on July 28, 2026.
COPT Defense Properties reports Q2 adjusted FFO 71c, consensus 68c
Reports Q2 revenue $197.392M, consensus $195.42M. Stephen Budorick, COPT Defense’s President & Chief Executive Officer, commented, “Our performance during the first half of the year exceeded our plan ...
COPT Defense Reports Second Quarter 2026 Results
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the second quarter ended June 30, 2026. Management Comments Stephen E. Budor...
COPT Defense Properties price target raised to $42 from $41 at Evercore ISI
Evercore ISI raised the firm’s price target on COPT Defense Properties (CDP) to $42 from $41 and keeps an Outperform rating on the shares.
COPT Defense Properties price target raised to $41 from $39 at Evercore ISI
Evercore ISI raised the firm’s price target on COPT Defense Properties (CDP) to $41 from $39 and keeps an Outperform rating on the shares. The office REIT sector saw a…
COPT Defense Provides Conference Call Details to Discuss 2Q 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 second qua...