COPT Defense Properties (CDP) - What Are Analysts Thinking About This Stock?

Key Points

• Analysts are moderately bullish on COPT Defense Properties, with five buy ratings and three holds among eight brokers. The average 12-month price target is $38, versus a recent share price of $33.08.
• The company exceeded quarterly expectations, reporting $0.40 in EPS versus a $0.33 consensus estimate and revenue of $197.39 million versus $189.36 million expected.
• COPT Defense Properties pays a quarterly dividend of $0.32, or $1.28 annually, representing a 3.9% yield; its stock has traded between $27.06 and $38.90 over the past year.

COPT Defense Properties (NYSE:CDP - Get Free Report) has received an average rating of "Moderate Buy" from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $38.00.

A number of equities research analysts have recently commented on the stock. Evercore reaffirmed an "outperform" rating and issued a $42.00 target price on shares of COPT Defense Properties in a report on Monday, July 27th. Citigroup increased their target price on shares of COPT Defense Properties from $34.00 to $40.00 and gave the stock a "neutral" rating in a research note on Thursday, July 30th. Truist Financial raised their price target on COPT Defense Properties from $34.00 to $38.00 and gave the stock a "hold" rating in a report on Monday, August 24th. Cantor Fitzgerald restated an "overweight" rating and issued a $37.00 price target on shares of COPT Defense Properties in a research report on Thursday, June 25th. Finally, Wells Fargo & Company upped their price objective on COPT Defense Properties from $36.00 to $41.00 and gave the company an "overweight" rating in a research note on Tuesday, September 1st.

COPT Defense Properties Stock Performance

Shares of COPT Defense Properties stock opened at $33.08 on Thursday. The firm's fifty day simple moving average is $34.88 and its 200-day simple moving average is $34.44. The stock has a market capitalization of $3.75 billion, a price-to-earnings ratio of 22.97 and a beta of 0.77. COPT Defense Properties has a 12 month low of $27.06 and a 12 month high of $38.90. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.89 and a quick ratio of 2.89.

COPT Defense Properties (NYSE:CDP - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.07. COPT Defense Properties had a net margin of 20.94% and a return on equity of 10.48%. The firm had revenue of $197.39 million during the quarter, compared to analysts' expectations of $189.36 million. During the same quarter in the prior year, the business earned $0.34 EPS. COPT Defense Properties has set its FY 2026 guidance at 1.390-1.430 EPS and its Q3 2026 guidance at 0.370-0.390 EPS. As a group, equities analysts forecast that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Wednesday, September 30th. COPT Defense Properties's dividend payout ratio (DPR) is 88.89%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of COPT Defense Properties during the second quarter worth approximately $29,000. Versant Capital Management Inc lifted its holdings in shares of COPT Defense Properties by 38.8% during the third quarter. Versant Capital Management Inc now owns 1,159 shares of the company's stock worth $39,000 after purchasing an additional 324 shares during the period. Nisa Investment Advisors LLC purchased a new position in COPT Defense Properties in the 3rd quarter valued at $68,000. EverSource Wealth Advisors LLC grew its position in COPT Defense Properties by 16.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,424 shares of the company's stock valued at $74,000 after buying an additional 339 shares during the last quarter. Finally, Nykredit A S purchased a new position in COPT Defense Properties in the 2nd quarter valued at $76,000.

About COPT Defense Properties

COPT Defense Properties is a real estate investment trust that owns, develops, manages and leases properties designed to support the U.S. government, defense and information technology sectors. Its portfolio includes office buildings, data centers, specialized facilities and other mission-critical properties leased primarily to government agencies, defense contractors and technology companies.

The company's properties are concentrated in key defense and national security markets, including Northern Virginia, suburban Maryland and the broader Washington, DC, region.

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