Evercore ISI Issues Positive Forecast for COPT Defense Properties (NYSE:CDP) Stock Price

Key Points

• Evercore ISI raised its price target for COPT Defense Properties (NYSE:CDP) from $34.00 to $36.00, indicating a potential upside of 17.38% from the current price, while maintaining an "outperform" rating.
• Wells Fargo decreased its price objective for the stock from $36.00 to $30.00, setting an "overweight" rating, amidst mixed performance ratings from other analysts.
• COPT Defense Properties reported a quarterly EPS of $0.68, exceeding estimates, and has provided Q3 2025 guidance of 0.660-0.680 EPS.

COPT Defense Properties (NYSE:CDP - Get Free Report) had its price target increased by research analysts at Evercore ISI from $34.00 to $36.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an "outperform" rating on the stock. Evercore ISI's price objective would suggest a potential upside of 17.38% from the company's current price.

Separately, Wells Fargo & Company decreased their price objective on shares of COPT Defense Properties from $36.00 to $30.00 and set an "overweight" rating on the stock in a research report on Monday, May 19th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, COPT Defense Properties presently has an average rating of "Moderate Buy" and an average target price of $33.60.

COPT Defense Properties Stock Up 0.3%

Shares of NYSE:CDP opened at $30.67 on Monday. The company has a market capitalization of $3.46 billion, a PE ratio of 23.95 and a beta of 0.93. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.58. COPT Defense Properties has a twelve month low of $23.92 and a twelve month high of $34.22. The firm has a 50 day simple moving average of $28.48 and a 200-day simple moving average of $27.57.

COPT Defense Properties (NYSE:CDP - Get Free Report) last announced its earnings results on Monday, July 28th. The company reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.01. The business had revenue of $175.60 million for the quarter, compared to analysts' expectations of $186.55 million. COPT Defense Properties had a net margin of 19.23% and a return on equity of 9.38%. The company's quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 EPS. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. On average, equities analysts predict that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

Institutional Investors Weigh In On COPT Defense Properties

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. increased its position in shares of COPT Defense Properties by 59.6% in the 2nd quarter. Osaic Holdings Inc. now owns 3,193 shares of the company's stock worth $88,000 after purchasing an additional 1,192 shares during the last quarter. Squarepoint Ops LLC lifted its stake in COPT Defense Properties by 10.7% in the second quarter. Squarepoint Ops LLC now owns 36,043 shares of the company's stock valued at $994,000 after buying an additional 3,491 shares during the last quarter. State of Wyoming lifted its stake in COPT Defense Properties by 14.2% in the second quarter. State of Wyoming now owns 16,041 shares of the company's stock valued at $442,000 after buying an additional 1,993 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its stake in COPT Defense Properties by 4.2% in the second quarter. CANADA LIFE ASSURANCE Co now owns 249,527 shares of the company's stock valued at $6,888,000 after buying an additional 10,095 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in COPT Defense Properties by 263.5% in the second quarter. Tower Research Capital LLC TRC now owns 15,977 shares of the company's stock valued at $441,000 after buying an additional 11,582 shares during 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.

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