NYSE:CDP

COPT Defense Properties (CDP) Stock Price, News & Analysis

$24.59
+0.08 (+0.33%)
(As of 05/3/2024 ET)
Today's Range
$24.52
$25.18
50-Day Range
$22.24
$24.72
52-Week Range
$21.76
$26.80
Volume
702,945 shs
Average Volume
991,924 shs
Market Capitalization
$2.77 billion
P/E Ratio
N/A
Dividend Yield
4.80%
Price Target
$27.00

COPT Defense Properties MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
9.8% Upside
$27.00 Price Target
Short Interest
Healthy
3.00% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.61mentions of COPT Defense Properties in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.15%
From $2.54 to $2.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.74 out of 5 stars

Finance Sector

4701st out of 5,270 stocks

Real Estate Investment Trusts Industry

967th out of 1,086 stocks

CDP stock logo

About COPT Defense Properties Stock (NYSE: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 Portfolio of 190 properties, including 24 owned through unconsolidated joint ventures, encompassed 21.7 million square feet and was 97.2% leased.

CDP Stock Price History

CDP Stock News Headlines

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
COPT Defense: Q1 Earnings Snapshot
COPT Defense Reports First Quarter 2024 Results
COPT Defense Properties: Slow And Steady Growth
CDP Sep 2024 30.000 call
CDP Apr 2024 22.500 put
COPT Defense Increases Quarterly Dividend by 3.5%
See More Headlines
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Company Calendar

Ex-Dividend for 4/17 Dividend
3/27/2024
Dividend Payable
4/17/2024
Today
5/04/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
410
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.00
High Stock Price Target
$28.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+9.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$-73,470,000.00
Pretax Margin
-16.93%

Debt

Sales & Book Value

Annual Sales
$684.98 million
Cash Flow
$0.74 per share
Book Value
$13.55 per share

Miscellaneous

Free Float
111,447,000
Market Cap
$2.77 billion
Optionable
Optionable
Beta
0.92
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Key Executives

  • Mr. Stephen E. Budorick (Age 64)
    President, CEO & Trustee
    Comp: $2.22M
  • Mr. Anthony Mifsud (Age 60)
    Executive VP & CFO
    Comp: $1.21M
  • Mr. Britt A. Snider
    Executive VP & COO
  • Mr. Matthew T. Myers (Age 40)
    Senior VP, Chief Accounting Officer & Controller
  • Mr. Venkat Kommineni C.F.A.
    Vice President of Investor Relations
  • Mr. David L. Finch
    VP, General Counsel & Secretary
  • Ms. Sarah Blackwell Rowland
    Director of Human Resources
  • Mr. Dean A. Lopez
    Senior Vice President of Development & Construction
  • Mr. Frank W. Ziegler
    Senior Vice President of New Business & Development Government Services
  • Mr. William S. Barroll
    Managing SVP of Asset Management & Chief Business Officer

CDP Stock Analysis - Frequently Asked Questions

Should I buy or sell COPT Defense Properties stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for COPT Defense Properties in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CDP shares.
View CDP analyst ratings
or view top-rated stocks.

What is COPT Defense Properties' stock price target for 2024?

7 equities research analysts have issued 12 month target prices for COPT Defense Properties' shares. Their CDP share price targets range from $25.00 to $28.00. On average, they anticipate the company's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts price targets for CDP
or view top-rated stocks among Wall Street analysts.

How have CDP shares performed in 2024?

COPT Defense Properties' stock was trading at $25.63 at the beginning of 2024. Since then, CDP shares have decreased by 4.1% and is now trading at $24.59.
View the best growth stocks for 2024 here
.

Are investors shorting COPT Defense Properties?

COPT Defense Properties saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 3,520,000 shares, a decrease of 7.1% from the March 15th total of 3,790,000 shares. Based on an average trading volume of 941,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.1% of the shares of the stock are sold short.
View COPT Defense Properties' Short Interest
.

When is COPT Defense Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our CDP earnings forecast
.

How often does COPT Defense Properties pay dividends? What is the dividend yield for COPT Defense Properties?

COPT Defense Properties declared a quarterly dividend on Thursday, February 22nd. Investors of record on Friday, March 29th will be paid a dividend of $0.295 per share on Wednesday, April 17th. This represents a $1.18 annualized dividend and a dividend yield of 4.80%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of $0.29.
Read our dividend analysis for CDP
.

Is COPT Defense Properties a good dividend stock?

COPT Defense Properties (NYSE:CDP) pays an annual dividend of $1.18 per share and currently has a dividend yield of 4.81%. CDP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CDP.

What ETFs hold COPT Defense Properties' stock?

ETFs with the largest weight of COPT Defense Properties (NYSE:CDP) stock in their portfolio include VanEck Office and Commercial REIT ETF (DESK) and JPMorgan Realty Income ETF (JPRE).U.S. Diversified Real Estate ETF (PPTY).

What guidance has COPT Defense Properties issued on next quarter's earnings?

COPT Defense Properties issued an update on its FY 2024 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of 2.510-2.570 for the period, compared to the consensus EPS estimate of 2.510. The company issued revenue guidance of -.

Who are COPT Defense Properties' major shareholders?

COPT Defense Properties' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Deroy & Devereaux Private Investment Counsel Inc. (0.78%), Leeward Investments LLC MA (0.49%), Retirement Systems of Alabama (0.45%), Principal Financial Group Inc. (0.38%), Nordea Investment Management AB (0.37%) and Raymond James & Associates (0.18%). Insiders that own company stock include Lisa G Trimberger and Steven D Kesler.
View institutional ownership trends
.

How do I buy shares of COPT Defense Properties?

Shares of CDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CDP) was last updated on 5/4/2024 by MarketBeat.com Staff

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