COPT Defense Properties (CDP)
| Market Cap | 3.85B +16.5% |
| Revenue (ttm) | 788.06M +4.9% |
| Net Income | 163.51M +13.8% |
| EPS | 1.44 +12.9% |
| Shares Out | 115.34M |
| PE Ratio | 23.27 |
| Forward PE | 22.86 |
| Dividend | $1.28 (3.83%) |
| Ex-Dividend Date | Sep 30, 2026 |
| Volume | 1,120,394 |
| Open | 34.03 |
| Previous Close | 33.96 |
| Day's Range | 33.30 - 34.08 |
| 52-Week Range | 27.06 - 38.90 |
| Beta | 0.78 |
| Analysts | Buy |
| Price Target | 40.38 (+20.9%) |
| Est. Earnings | Oct 29, 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 June 30, 2026, the Company’s Defense/IT Por... [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 $40.38, which is an increase of 20.90% from the latest price.
News
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...
Adstra Named Launch Partner for Databricks CustomerLake, Bringing Identity Resolution to the Heart of the Agentic CDP Era
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Databricks Data + AI Summit — Adstra , a leading identity resolution and data solutions provider, today announced its role as a launch partner for Databrick...
COPT Defense Properties price target raised to $34 from $33 at Truist
Truist raised the firm’s price target on COPT Defense Properties (CDP) to $34 from $33 and keeps a Hold rating on the shares. The firm notes that the stock screens…
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.