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CDP Stock Chart & Stats
$38.03
$0.55(1.47%)
At close: 4:00 PM EDT
$38.03
$0.55(1.47%)
Day’s Range― - ―
52-Week Range$27.06 - $38.90
Previous CloseN/A
Volume771.21K
Average Volume (3M)928.35K
Market Cap
$8.58B
Enterprise Value$6.91K
Total Cash (Recent Filing)$24.16M
Total Debt (Recent Filing)$2.67B
Price to Earnings (P/E)26.2
Beta0.31
Next Earnings
Oct 22, 2026EPS Estimate
0.35Next Dividend Ex-DateN/A
Dividend Yield3.29%
Share Statistics
EPS (TTM)1.45
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$37.83Price Target Upside-0.52% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)1.36
Revenue Forecast (FY)$766.06M
Bulls Say, Bears Say
Bulls Say
High Leasing And OccupancySustained high portfolio lease and occupancy rates indicate durable rental revenue and lower vacancy risk for a mission-critical landlord. Long-term leases to government and defense contractors support predictable cash flow and FFO, enhancing stability for distributions and reinvestment over the medium term.
Disciplined Development With Funding CapacityAn active development program targeting ~8.5% initial cash yields and stated capacity to self-fund ~ $300M a year supports durable NOI growth without excessive equity dilution. High initial yields and internal funding ability improve long-term cash generation and strategic control of supply for defense demand corridors.
Defense Budget TailwindMaterial and multi-year increases in defense and related spending underpin structural demand for secure, mission-critical facilities. This macro tailwind improves tenant credit visibility, supports renewal activity and pricing power, and helps maintain occupancy and rental growth over a multi-year horizon.
Bears Say
Elevated LeverageConsistently elevated debt-to-equity increases refinancing and interest-rate sensitivity for an office-focused REIT. In a higher-rate environment this constrains financial flexibility, raises cost of capital for growth, and heightens downside risk to FFO and dividend coverage if occupancy or rents weaken.
Free Cash Flow VolatilityA recent TTM decline in free cash flow and material year-to-year swings in operating cash flow reduce the reliability of internally generated funding. For a REIT that funds development and dividends from cash flow, this increases dependence on external capital and elevates execution and distribution risk over the medium term.
Speculative Inventory And Data-center ConstraintsStarting sizable speculative buildings and unresolved power constraints at a data-center site introduce execution and timing risk. Unleased inventory delays NOI contribution and can pressure occupancy metrics, while infrastructure limits extend leasing timelines for data-center opportunities, reducing near-term cash returns.
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 $27.05 and its highest was $38.90 in the past 12 months.
What is COPT Defense Properties’s market cap?
COPT Defense Properties’s market cap is $8.58B.
When is COPT Defense Properties’s upcoming earnings report date?
COPT Defense Properties’s upcoming earnings report date is Oct 22, 2026 which is in 75 days.
How were COPT Defense Properties’s earnings last quarter?
COPT Defense Properties released its earnings results on Jul 27, 2026. The company reported $0.4 earnings per share for the quarter, beating the consensus estimate of $0.329 by $0.071.
Is COPT Defense Properties overvalued?
According to Wall Street analysts COPT Defense Properties’s price is currently Overvalued.
Does COPT Defense Properties pay dividends?
COPT Defense Properties pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 3.29%. See more information on COPT Defense Properties dividends here
What is COPT Defense Properties’s EPS estimate?
COPT Defense Properties’s EPS estimate is 0.35.
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 $0.4 in its last earnings report, beating expectations of $0.329. Following the earnings report the stock price went down -0.078%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$37.83 (-0.52% Downside)
$37.83 (-0.52% Downside)
Blogger Sentiment
Bullish
CDP Sentiment 75%
Sector Average ―
Sector Average ―
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
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.20%
12-Months-Change
Fundamentals
Return on Equity
3.29%
Trailing 12-Months
Asset Growth
5.33%
Trailing 12-Months
Company Description
COPT Defense Properties
COPT Defense Properties (CDP) is a U.S. real estate investment trust (REIT) focused on owning, operating, and developing office and data-center-adjacent real estate that supports U.S. national security and defense-related missions. The company’s portfolio is concentrated in select U.S. defense and government demand corridors and is designed to serve government agencies, government contractors, and related tenants that require secure, mission-critical locations and infrastructure.
CDP Company Deck
CDP Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly positive: management reported outperformance in Q2 (FFO above midpoint), raised full-year guidance across multiple metrics, demonstrated strong leasing, high occupancy, robust tenant retention, and a growing prelease/development pipeline—supported by large anticipated increases in defense spending (FY2027 $1.1T base). Challenges disclosed were largely timing, modest near-term moderation in growth due to known move-outs and nonrecurring 2025 items, some financing cost/dilution pressure from exchangeable notes and refinancing, speculative inventory starts without preleases, and localized constraints (e.g., power for data centers). Overall, the positives (raised guidance, strong leasing/occupancy, pipeline acceleration, budget tailwinds) materially outweigh the disclosed headwinds.View all CDP earnings summariesCDP Stock 12 Month Forecast
Average Price Target
$37.83
▼(-0.52% Downside)
Technical Analysis
Cousins Properties
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Douglas Emmett
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Highwoods Properties
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Kilroy Realty
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SL Green Realty
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Ownership Overview
0.29% Insiders
29.58% Mutual Funds
5.26% Other Institutional Investors
30.90% Public Companies and
Individual Investors