COPT Defense Properties (CDP)

NYSE: CDP · Real-Time Price · USD
30.66
+0.09 (0.29%)
Sep 12, 2025, 4:00 PM EDT - Market closed
0.29%
Market Cap3.53B
Revenue (ttm)751.46M
Net Income (ttm)143.72M
Shares Out 115.11M
EPS (ttm)1.27
PE Ratio24.10
Forward PE23.29
Dividend$1.22 (3.98%)
Ex-Dividend DateSep 30, 2025
Volume576,723
Open30.58
Previous Close30.57
Day's Range30.38 - 30.74
52-Week Range23.92 - 34.22
Beta0.95
AnalystsStrong Buy
Price Target33.60 (+9.59%)
Earnings DateOct 27, 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 March 31, 2025, the Company’s Defense/ IT Por... [Read more]

Industry REIT - Office
Founded 1988
Employees 427
Stock Exchange NYSE
Ticker Symbol CDP
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for CDP stock is "Strong Buy." The 12-month stock price target is $33.6, which is an increase of 9.59% from the latest price.

Price Target
$33.6
(9.59% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

COPT Defense Properties (CDP) Presents At BofA Securities 2025 Global Real Estate Conference (Transcript)

COPT Defense Properties (NYSE:CDP) BofA Securities 2025 Global Real Estate Conference September 11, 2025 11:05 AM EDT Company Participants Stephen E. Budorick - President, CEO & Trustee Conference Ca...

3 days ago - Seeking Alpha

COPT Defense to Present at the BofA Securities 2025 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...

5 days ago - Business Wire

COPT Defense Declares Third 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...

4 weeks ago - Business Wire

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...

6 weeks ago - Seeking Alpha

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.

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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...

Other symbols: EGP
2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

Other symbols: AHRCMCTCOLDDHCDOCFRFSP
3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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.

6 months ago - Benzinga

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 ...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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 ...

7 months ago - Seeking Alpha

REITs Lead On Earnings Uplift

US equity markets posted a mixed performance this week, while benchmark interest rates rebounded from two-month lows, as investors saw grounds for Fed hawkishness across a critical slate of employment...

Other symbols: AVBBDNCPTCUZDEADOCEGP
7 months ago - Seeking Alpha

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 ...

7 months ago - Seeking Alpha

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...

7 months ago - Business Wire