COPT Defense Properties (CDP)
| Market Cap | 3.66B +18.9% |
| Revenue (ttm) | 780.55M +4.3% |
| Net Income | 155.53M +10.7% |
| EPS | 1.37 +10.1% |
| Shares Out | 115.30M |
| PE Ratio | 23.15 |
| Forward PE | 23.57 |
| Dividend | $1.28 (4.05%) |
| Ex-Dividend Date | Jun 30, 2026 |
| Volume | 1,322,595 |
| Open | 32.16 |
| Previous Close | 31.64 |
| Day's Range | 31.49 - 32.16 |
| 52-Week Range | 26.91 - 33.33 |
| Beta | 0.81 |
| Analysts | Buy |
| Price Target | 35.63 (+12.33%) |
| 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 8 analysts, the average rating for CDP stock is "Buy." The 12-month stock price target is $35.63, which is an increase of 12.33% from the latest price.
News
COPT Defense Properties Transcript: Nareit REITweek: 2026 Investor Conference
A highly specialized REIT focused on secure, mission-critical defense assets reported strong leasing, high tenant retention, and robust development activity, driven by record defense budgets and demand for secure facilities. Data centers and quantum computing initiatives are expanding, with financial performance supported by stable internal and external growth.
COPT Defense Properties Slides: FY 2026
COPT Defense Properties has posted slides in relation to its FY 2026 quarterly earnings report, which was published on June 2, 2026.
COPT Defense to Present at Nareit's REITweek: 2026 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 Properties price target raised to $34 from $33 at JPMorgan
JPMorgan analyst Anthony Paolone raised the firm’s price target on COPT Defense Properties (CDP) to $34 from $33 and keeps a Neutral rating on the shares.
COPT Defense Declares Second 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 Transcript: AGM 2026
The meeting covered trustee elections, executive compensation, and auditor ratification, with all proposals passing by majority vote. No shareholder questions were submitted during the session.
COPT Defense Properties Slides: FY 2026
COPT Defense Properties has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 14, 2026.
COPT Defense Properties Slides: Conference Presentation
COPT Defense Properties has posted slides in relation to its latest quarterly earnings report, which was published on May 4, 2026.
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 Earnings release: Q1 2026
COPT Defense Properties released its Q1 2026 earnings on April 28, 2026, summarizing the period's financial results.
COPT Defense Properties Slides: Q1 2026
COPT Defense Properties has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 28, 2026.
COPT Defense Properties Quarterly report: Q1 2026
COPT Defense Properties has published its Q1 2026 quarterly earnings report on April 28, 2026.
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 Proxy statement: Proxy filing
COPT Defense Properties filed a proxy statement on March 30, 2026, providing details for shareholder voting and corporate governance matters.
COPT Defense Properties Proxy statement: Proxy filing
COPT Defense Properties filed a proxy statement on March 30, 2026, providing details for shareholder voting and corporate governance matters.
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 Properties Slides: FY 2026
COPT Defense Properties has posted slides in relation to its FY 2026 quarterly earnings report, which was published on March 17, 2026.
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 Properties Slides: FY 2026
COPT Defense Properties has posted slides in relation to its FY 2026 quarterly earnings report, which was published on March 2, 2026.