COPT Defense Properties (NYSE:CDP) Price Target Raised to $33.00 at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. has increased its target price for COPT Defense Properties stock from $30.00 to $33.00, indicating a potential upside of 6.46% from the last closing price.
• Following suit, Evercore ISI raised their price objective for COPT Defense Properties to $36.00, with four analysts rating the stock as a Buy and two as Hold.
• The company's recent quarterly earnings showed a net margin of 19.23% and revenue of $175.60 million, with earnings per share (EPS) slightly beating analyst expectations.

COPT Defense Properties (NYSE:CDP - Get Free Report) had its target price boosted by equities research analysts at JPMorgan Chase & Co. from $30.00 to $33.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 6.73% from the company's current price.

Separately, Evercore ISI raised their price target on shares of COPT Defense Properties from $34.00 to $36.00 and gave the company an "outperform" rating in a report on Monday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $33.50.

COPT Defense Properties Stock Up 1.5%

NYSE CDP traded up $0.47 during trading on Wednesday, reaching $30.92. 801,065 shares of the company's stock traded hands, compared to its average volume of 1,057,614. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.96 and a quick ratio of 2.96. The firm has a market cap of $3.49 billion, a price-to-earnings ratio of 24.16 and a beta of 0.93. The company's 50 day simple moving average is $28.67 and its two-hundred day simple moving average is $27.66. COPT Defense Properties has a 12-month low of $23.92 and a 12-month high of $34.22.

COPT Defense Properties (NYSE:CDP - Get Free Report) last posted 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. COPT Defense Properties had a net margin of 19.23% and a return on equity of 9.38%. The business had revenue of $175.60 million for the quarter, compared to the consensus estimate of $186.55 million. During the same quarter last year, the firm posted $0.64 EPS. The company's revenue for the quarter was up 1.4% on a year-over-year basis. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. As a group, sell-side analysts forecast that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Lisa G. Trimberger sold 3,000 shares of COPT Defense Properties stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $30.52, for a total value of $91,560.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.42% of the stock is owned by company insiders.

Institutional Trading of COPT Defense Properties

A number of institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. boosted its stake in 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 in the last quarter. Squarepoint Ops LLC boosted its stake in COPT Defense Properties by 10.7% in the 2nd quarter. Squarepoint Ops LLC now owns 36,043 shares of the company's stock worth $994,000 after purchasing an additional 3,491 shares in the last quarter. State of Wyoming boosted its stake in COPT Defense Properties by 14.2% in the 2nd quarter. State of Wyoming now owns 16,041 shares of the company's stock worth $442,000 after purchasing an additional 1,993 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in COPT Defense Properties by 4.2% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 249,527 shares of the company's stock worth $6,888,000 after purchasing an additional 10,095 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in COPT Defense Properties by 263.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 15,977 shares of the company's stock worth $441,000 after purchasing an additional 11,582 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.