COPT Defense Properties (CDP)
Market Cap | 2.76B |
Revenue (ttm) | 684.98M |
Net Income (ttm) | -73.47M |
Shares Out | 112.55M |
EPS (ttm) | -0.67 |
PE Ratio | n/a |
Forward PE | 20.01 |
Dividend | $1.18 (4.81%) |
Ex-Dividend Date | Mar 27, 2024 |
Volume | 712,961 |
Open | 24.27 |
Previous Close | 23.97 |
Day's Range | 23.98 - 24.52 |
52-Week Range | 21.76 - 26.80 |
Beta | 0.95 |
Analysts | Buy |
Price Target | 27.00 (+10.16%) |
Earnings Date | Apr 25, 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for CDP stock is "Buy." The 12-month stock price forecast is $27.0, which is an increase of 10.16% from the latest price.
News
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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”...
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...
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...
COPT Provides Conference Call Details to Discuss 2Q 2023 Results
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announces the release date and conference call details in which management will discuss second q...
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COPT to Present at Nareit's REITweek: 2023 Investor Conference
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company...