COPT Defense Properties (NYSE:CDP) Releases FY 2025 Earnings Guidance

Key Points

• COPT Defense Properties has issued FY 2025 earnings guidance of $2.650-$2.690 EPS, slightly above the consensus estimate of $2.663.
• Wells Fargo lowered its price target for COPT Defense Properties from $36.00 to $30.00 while maintaining an "overweight" rating on the stock.
• The company declared a quarterly dividend of $0.305 per share, with a yield of 4.37% and a high dividend payout ratio of 97.60%.

COPT Defense Properties (NYSE:CDP - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.650-2.690 for the period, compared to the consensus earnings per share estimate of 2.663. The company issued revenue guidance of -. COPT Defense Properties also updated its Q3 2025 guidance to 0.660-0.680 EPS.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company decreased their price target on shares of COPT Defense Properties from $36.00 to $30.00 and set an "overweight" rating on the stock in a report on Monday, May 19th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, COPT Defense Properties presently has an average rating of "Moderate Buy" and a consensus target price of $33.14.

COPT Defense Properties Stock Performance

Shares of NYSE CDP traded down $0.09 during midday trading on Monday, reaching $27.94. The company had a trading volume of 1,002,643 shares, compared to its average volume of 691,763. The company has a current ratio of 3.21, a quick ratio of 3.21 and a debt-to-equity ratio of 1.57. The business's 50-day simple moving average is $28.00 and its 200 day simple moving average is $27.56. COPT Defense Properties has a 1 year low of $23.92 and a 1 year high of $34.22. The stock has a market cap of $3.15 billion, a P/E ratio of 22.35 and a beta of 0.87.

COPT Defense Properties (NYSE:CDP - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The company reported $0.68 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.01. COPT Defense Properties had a net margin of 18.86% and a return on equity of 9.19%. The firm's revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.64 EPS. On average, analysts forecast that COPT Defense Properties will post 2.67 earnings per share for the current fiscal year.

COPT Defense Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 16th. Investors of record on Monday, June 30th were paid a dividend of $0.305 per share. The ex-dividend date was Monday, June 30th. This represents a $1.22 annualized dividend and a yield of 4.37%. COPT Defense Properties's dividend payout ratio is currently 97.60%.

Insider Buying and Selling at COPT Defense Properties

In other COPT Defense Properties news, Director Robert L. Denton sold 4,398 shares of COPT Defense Properties stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $26.70, for a total transaction of $117,426.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.42% of the stock is currently owned by insiders.

Institutional Investors Weigh In On COPT Defense Properties

Several institutional investors have recently bought and sold shares of CDP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in COPT Defense Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 67,030 shares of the company's stock worth $1,828,000 after buying an additional 2,931 shares during the period. Royal Bank of Canada lifted its position in shares of COPT Defense Properties by 12.1% during the first quarter. Royal Bank of Canada now owns 104,602 shares of the company's stock worth $2,853,000 after purchasing an additional 11,316 shares in the last quarter. Jane Street Group LLC raised its holdings in COPT Defense Properties by 152.4% in the first quarter. Jane Street Group LLC now owns 214,122 shares of the company's stock valued at $5,839,000 after acquiring an additional 129,303 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in COPT Defense Properties by 5.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 834,042 shares of the company's stock valued at $22,744,000 after acquiring an additional 39,683 shares in the last quarter.

About COPT Defense Properties

COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.