Want to see CDP full AI Analyst Report?
CDP Stock Chart & Stats
$32.49
-$0.14(-0.47%)
At close: 4:00 PM EST
$32.49
-$0.14(-0.47%)
Day’s Range― - ―
52-Week Range$26.91 - $38.06
Previous CloseN/A
Volume87.85K
Average Volume (3M)928.35K
Market Cap
$8.25B
Enterprise Value$6.33B
Total Cash (Recent Filing)$28.58M
Total Debt (Recent Filing)$2.59B
Price to Earnings (P/E)26.5
Beta0.30
Next Earnings
Jul 27, 2026EPS Estimate
0.33Next Dividend Ex-DateN/A
Dividend Yield4.3%
Share Statistics
EPS (TTM)1.38
Shares Outstanding113,376,884
10 Day Avg. Volume965,862
30 Day Avg. Volume928,354
Financial Highlights & Ratios
PEG Ratio2.11
Price to Book (P/B)2.06
Price to Sales (P/S)4.09
P/FCF Ratio12.33
Enterprise Value/Market Cap0.77
Enterprise Value/Revenue8.15
Enterprise Value/Gross Profit25.55
Enterprise Value/Ebitda15.06
Forecast
1Y Price Target
$36.50Price Target Upside12.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)1.33
Revenue Forecast (FY)$763.99M
Bulls Say, Bears Say
Bulls Say
Margin & Cash GenerationCDP’s high TTM net margin (~20%) and EBITDA margin above 50%, combined with solid free cash flow generation, indicate durable operating economics. This cash conversion supports reinvestment, dividends and development funding, providing multi‑quarter resilience versus cyclical rent swings.
Consistent FFO Growth & High OccupancyTwenty‑three straight quarters of YoY FFO growth and portfolio occupancy near 94.4% (defense IT 95.6%) show steady demand from government and defense tenants. High retention and rent spreads reduce vacancy risk and support recurring cash flows and long‑term lease stability.
Pre-leased Development PipelineA development pipeline exceeding 1.0M sq ft with 73% pre‑leased and over $500M committed materially de‑risks future NOI growth. Pre‑leasing and staged commitments mean new supply is aligned to secured demand, converting invested capital into predictable income over multiple quarters.
Bears Say
Elevated LeverageDebt materially exceeds equity (debt-to-equity ~1.71), constraining financial flexibility. In a higher‑rate environment this leverage increases interest expense sensitivity, limits opportunistic M&A or development capacity and raises refinancing risk over a multi‑quarter horizon.
Higher Financing CostsRefinancing a maturity with higher‑coupon debt produced an estimated ~$0.09 annual FFO headwind. That step‑up in interest expense directly reduces distributable cash and mutes near‑term growth, making incremental development returns more sensitive to financing cost moves.
Defense Budget Timing RiskCDP’s demand is tied to defense appropriations that are not yet funded and typically have a 12–18 month lag to lease awards. This creates structural timing uncertainty for leasing, development ramp and cash flow realization across multiple quarters despite favorable long‑term defense budgets.
COPT Defense Properties News
CDP FAQ
What was Copt Defense Properties’s price range in the past 12 months?
Copt Defense Properties lowest stock price was $26.91 and its highest was $38.06 in the past 12 months.
What is Copt Defense Properties’s market cap?
Copt Defense Properties’s market cap is $8.25B.
When is Copt Defense Properties’s upcoming earnings report date?
Copt Defense Properties’s upcoming earnings report date is Jul 27, 2026 which is in 12 days.
How were Copt Defense Properties’s earnings last quarter?
Copt Defense Properties released its earnings results on Apr 27, 2026. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.331 by $0.009.
Is Copt Defense Properties overvalued?
According to Wall Street analysts Copt Defense Properties’s price is currently Undervalued.
Does Copt Defense Properties pay dividends?
Copt Defense Properties pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 4.3%. See more information on Copt Defense Properties dividends here
What is Copt Defense Properties’s EPS estimate?
Copt Defense Properties’s EPS estimate is 0.33.
How many shares outstanding does Copt Defense Properties have?
Copt Defense Properties has 113,376,884 shares outstanding.
What happened to Copt Defense Properties’s price movement after its last earnings report?
Copt Defense Properties reported an EPS of $0.34 in its last earnings report, beating expectations of $0.331. Following the earnings report the stock price went down -0.712%.
Which hedge fund is a major shareholder of Copt Defense Properties?
Currently, no hedge funds are holding shares in CDP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
COPT Defense Properties Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$36.50 (12.34% Upside)
$36.50 (12.34% Upside)
Blogger Sentiment
Bullish
CDP Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 412.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.20%
12-Months-Change
Fundamentals
Return on Equity
10.35%
Trailing 12-Months
Asset Growth
4.91%
Trailing 12-Months
Company Description
Copt Defense Properties
COPT is a Real Estate Investment Trust (REIT) that focuses on the ownership, management, leasing, development, and strategic acquisition of office and data center assets. The majority of its portfolio is dedicated to serving the United States Government and its contractors, particularly those engaged in national security, defense, and information technology (IT) operations, which the company identifies as growing, resilient, and high-priority missions. Furthermore, COPT maintains a collection of Class-A office properties located in select urban submarkets across the greater Washington, DC/Baltimore metropolitan area, distinguished by strong market characteristics. As of June 30, 2023, 90% of COPT's core portfolio's annual rental income originated from its Defense/IT locations, while the remaining 10% came from its Regional Office properties. On the same date, COPT's core portfolio, including 24 properties held via unconsolidated joint ventures, comprised 192 properties spanning 22.9 million square feet and maintained a 95% occupancy rate.
CDP Stock 12 Month Forecast
Average Price Target
$36.50
▲(12.34% Upside)
Technical Analysis
Cousins Properties
―
Douglas Emmett
―
Highwoods Properties
―
Kilroy Realty
―
SL Green Realty
―
Ownership Overview
0.29% Insiders
29.58% Mutual Funds
0.14% Other Institutional Investors
36.55% Public Companies and
Individual Investors