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

Company Overview

COPT Defense Properties (NYSE: CDP) is a real estate investment trust organized to own, lease and manage healthcare and life science facilities serving the United States federal government, with a particular focus on Department of Defense and Veterans Affairs tenants. The company was formed in 2016 through a spin-off from Corporate Office Properties Trust, enabling it to concentrate exclusively on medical office buildings and specialized research facilities situated on or near military and federal research campuses.

The company’s portfolio comprises purpose-built, Class A medical office and outpatient specialty clinics, as well as life science laboratories. These assets are typically located adjacent to major defense installations, federal laboratories and veterans’ medical centers, supporting long-term, triple-net leases with government agencies and affiliated contractors. By focusing on properties that require specialized design and infrastructure, CDP seeks to deliver stable rental income backed by creditworthy tenants.

COPT Defense Properties’ holdings span key government and defense hubs across the United States, including markets in the Mid-Atlantic, Northeast and West Coast. Properties in Maryland, Virginia, Massachusetts, California and Colorado benefit from proximity to prominent military bases, federal research institutions and Veterans Affairs medical centers. This geographic diversification within mission-critical real estate markets positions the company to capitalize on ongoing demand for secure, specialized facilities.

The trust is externally managed by the leadership team of Corporate Office Properties Trust, leveraging decades of experience in government-focused real estate development and asset management. Headquartered in Columbia, Maryland, COPT Defense Properties combines a disciplined acquisition strategy with targeted, build-to-suit development capabilities to support the evolving facility needs of its federal tenants while seeking to provide investors with reliable, long-term cash flows.

Key Stats

• Today's Range: $30.37 to $30.77
• 50-Day Range: $27.24 to $30.65
• 52-Week Range: $23.92 to $34.22
• Volume: 1.00 million shs
• Average Volume: 981,013 shs
• Market Capitalization: $3.46 billion
• P/E Ratio: 23.94
• Dividend Yield: 3.98%
• Price Target: $33.60
• Consensus Rating: Moderate Buy

COPT Defense Properties Stock Analysis - MarketRank™

COPT Defense Properties scored higher than 43% of companies evaluated by MarketBeat, and ranked 736th out of 925 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

COPT Defense Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Upside/Downside

The consensus price target for COPT Defense Properties is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

COPT Defense Properties has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 0.75%

Earnings Growth

Earnings for COPT Defense Properties are expected to grow by 0.75% in the coming year, from $2.67 to $2.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of COPT Defense Properties is 23.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 277.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of COPT Defense Properties is 23.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 232.30.

Price to Book Value per Share Ratio

COPT Defense Properties has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.13% of the float of COPT Defense Properties has been sold short.

Short Interest Ratio / Days to Cover

COPT Defense Properties has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in COPT Defense Properties has recently increased by 0.65%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

COPT Defense Properties is a leading dividend payer. It pays a dividend yield of 4.01%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

COPT Defense Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of COPT Defense Properties is 95.31%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, COPT Defense Properties will have a dividend payout ratio of 45.35% next year. This indicates that COPT Defense Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.13% of the float of COPT Defense Properties has been sold short.

Short Interest Ratio / Days to Cover

COPT Defense Properties has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in COPT Defense Properties has recently increased by 0.65%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.74

News Sentiment

COPT Defense Properties has a news sentiment score of 1.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.96 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for COPT Defense Properties this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for CDP on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, COPT Defense Properties insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.42% of the stock of COPT Defense Properties is held by insiders.

CDP Stock Analysis - Frequently Asked Questions

How have CDP shares performed this year?

COPT Defense Properties' stock was trading at $30.95 at the beginning of 2025. Since then, CDP stock has decreased by 1.0% and is now trading at $30.6450.

How were COPT Defense Properties' earnings last quarter?

COPT Defense Properties (NYSE:CDP) posted its earnings results on Monday, July, 28th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.01. The company's revenue was up 1.4% on a year-over-year basis.
Read the conference call transcript.

Who are COPT Defense Properties' major shareholders?

COPT Defense Properties' top institutional shareholders include Alliancebernstein L.P. (6.41%), State Street Corp (5.74%), Westwood Holdings Group Inc. (3.21%) and Westwood Holdings Group Inc. (3.21%). Insiders that own company stock include Steven D Kesler, Lisa G Trimberger, Britt A Snider and Robert L Denton.
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.

What other stocks do shareholders of COPT Defense Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that COPT Defense Properties investors own include The RMR Group (RMR), Waste Connections (WCN), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AU Optronics (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Record date for 7/16 Dividend: 6/30/2025
• Ex-Dividend for 7/16 Dividend: 6/30/2025
• Dividend Payable: 7/16/2025
• Last Earnings: 7/28/2025
• Today: 9/06/2025
• Record date for 10/16 Dividend: 9/30/2025
• Ex-Dividend for 10/16 Dividend: 9/30/2025
• Dividend Payable: 10/16/2025
• Next Earnings (Estimated): 10/27/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Trading
• Current Symbol: NYSE:CDP
• CIK: 860546
• Web: www.copt.com
• Phone: 443-285-5400
• Fax: 443-285-7650
• Employees: 400
• Year Founded: N/A

Price Target and Rating

• Average Price Target for COPT Defense Properties: $33.60
• High Price Target: $38.00
• Low Price Target: $30.00
• Potential Upside/Downside: +9.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.28
• Trailing P/E Ratio: 23.94
• Forward P/E Ratio: 11.48
• P/E Growth: N/A
• Net Income: $138.93 million
• Net Margins: 19.23%
• Pretax Margin: 19.98%
• Return on Equity: 9.38%
• Return on Assets: 3.39%

Debt

• Debt-to-Equity Ratio: 1.58
• Current Ratio: 2.96
• Quick Ratio: 2.96

Sales & Book Value

• Annual Sales: $753.27 million
• Price / Sales: 4.59
• Cash Flow: $2.70 per share
• Price / Cash Flow: 11.36
• Book Value: $13.64 per share
• Price / Book: 2.25

Miscellaneous

• Outstanding Shares: 112,930,000
• Free Float: 111,324,000
• Market Cap: $3.46 billion
• Optionable: Optionable
• Beta: 0.93