COPT Defense Properties (CDP)

NYSE: CDP · IEX Real-Time Price · USD
26.68
-0.07 (-0.26%)
At close: Jul 19, 2024, 4:00 PM
26.77
+0.09 (0.34%)
After-hours: Jul 20, 2024, 12:58 PM EDT
-0.26%
Market Cap 3.01B
Revenue (ttm) 710.75M
Net Income (ttm) -119.64M
Shares Out 112.64M
EPS (ttm) -1.09
PE Ratio n/a
Forward PE 28.33
Dividend $1.18 (4.42%)
Ex-Dividend Date Jun 28, 2024
Volume 376,984
Open 26.86
Previous Close 26.75
Day's Range 26.55 - 26.87
52-Week Range 22.20 - 27.50
Beta 1.00
Analysts Buy
Price Target 27.17 (+1.84%)
Earnings Date Jul 29, 2024

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]

Industry REIT - Office
Sector Real Estate
Founded 1988
Employees 410
Stock Exchange NYSE
Ticker Symbol CDP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CDP stock is "Buy." The 12-month stock price forecast is $27.17, which is an increase of 1.84% from the latest price.

Price Target
$27.17
(1.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

18 days ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

5 months ago - Business Wire

COPT Defense Increases Quarterly Dividend by 3.5%

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...

5 months ago - Business Wire

COPT Defense Establishes 2024 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, 2024: 2024 Guidance. Dilut...

5 months ago - Business Wire

COPT Defense Reports Full Year 2023 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, 2023. Management Comment...

5 months ago - Business Wire

COPT Defense Announces Tax Treatment of 2023 Distributions

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced the 2023 tax treatment of its common share distributions as described below. Shareholder...

6 months ago - Business Wire

COPT Defense Exceeds Development Leasing Guidance and Vacancy Leasing Target in 2023

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) executed a long-term lease with a Fortune 100 company for a 225,000 square foot, build-to-suit dev...

6 months ago - Business Wire

COPT Defense Provides Conference Call Details to Discuss 4Q and YE 2023 Results and Management's 2024 Outlook

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 fourth qua...

6 months ago - Business Wire

Robert Denton Elected as Chairman of the Board of Trustees

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its Board of Trustees elected Robert L. Denton, Sr. to serve as Chairman of the Boa...

7 months ago - Business Wire

COPT Defense Appoints Britt A. Snider as Chief Operating Officer

COLUMBIA, M.D.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announces the appointment of Britt A. Snider as Executive Vice President and Chief Operating Offi...

8 months ago - Business Wire

COPT Defense Declares Fourth Quarter 2023 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 $0.285 per com...

9 months ago - Business Wire

COPT Defense Reports Third Quarter 2023 Results

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the third quarter ended September 30, 2023. Management Comments Stephen E. B...

9 months ago - Business Wire

COPT Defense Provides Conference Call Details to Discuss 3Q 2023 Results along with Investor Day Materials

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...

10 months ago - Business Wire

COPT to Present at the BofA Securities 2023 Global Real Estate Conference

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its President and CEO, Stephen E. Budorick, will provide an overview of the Compa...

11 months ago - Business Wire

Corporate Office Properties Trust Announces Pricing of $300 Million of Exchangeable Senior Notes

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its operating partnership, Corporate Office Properties, L.P. (the “Operatin...

11 months ago - Business Wire

Corporate Office Properties Trust Announces Proposed Private Placement of $300 Million of Exchangeable Senior Notes

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its operating partnership, Corporate Office Properties, L.P. (the “Operatin...

11 months ago - Business Wire

Corporate Office Properties Trust Rebrands to COPT Defense Properties

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) today announced that the Company is changing its name to COPT Defense Properties (“COPT Defense”...

11 months ago - Business Wire

COPT Declares Third Quarter 2023 Common Dividend

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.285 per c...

1 year ago - Business Wire

COPT Reports Second Quarter 2023 Results

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced results for the second quarter ended June 30, 2023. Management Comments Stephen E. Bud...

1 year ago - Business Wire