Should I buy or sell COPT Defense Properties stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for COPT Defense Properties in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CDP shares. View CDP analyst ratings or view top-rated stocks .

What is COPT Defense Properties' stock price target for 2024?

2 equities research analysts have issued twelve-month price objectives for COPT Defense Properties' stock. Their CDP share price targets range from $26.00 to $27.00. On average, they anticipate the company's share price to reach $26.67 in the next year. This suggests a possible upside of 10.0% from the stock's current price. View analysts price targets for CDP or view top-rated stocks among Wall Street analysts .

How have CDP shares performed in 2023?

COPT Defense Properties' stock was trading at $25.27 at the start of the year. Since then, CDP shares have decreased by 4.0% and is now trading at $24.25. View the best growth stocks for 2023 here .

When is COPT Defense Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024. View our CDP earnings forecast .

How often does COPT Defense Properties pay dividends? What is the dividend yield for COPT Defense Properties?

COPT Defense Properties announced a quarterly dividend on Thursday, November 9th. Shareholders of record on Friday, December 29th will be given a dividend of $0.285 per share on Thursday, January 18th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend is Thursday, December 28th. Read our dividend analysis for CDP .

Is COPT Defense Properties a good dividend stock?

COPT Defense Properties (NYSE:CDP) pays an annual dividend of $1.14 per share and currently has a dividend yield of 4.70%. CDP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CDP .

What guidance has COPT Defense Properties issued on next quarter's earnings?

COPT Defense Properties issued an update on its fourth quarter 2023 earnings guidance on Thursday, October, 26th. The company provided earnings per share guidance of $0.60-$0.62 for the period, compared to the consensus estimate of $0.60. The company issued revenue guidance of -.

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$24.25

+0.07 (+0.29%)

(As of 11/28/2023 ET)

Compare

Today's Range: $23.81
▼
$24.35
50-Day Range: $22.80
▼
$25.27
52-Week Range: $21.59
▼
$28.69

Volume: 572,161 shs
Average Volume: 742,646 shs
Market Capitalization: $2.73 billion

P/E Ratio: N/A
Dividend Yield: 4.70%
Price Target: $26.67

COPT Defense Properties MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 10.0% Upside
$26.67 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 3.75%
From $2.40 to $2.49 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.44 out of 5 stars

Finance Sector

831st out of 867 stocks

Real Estate Investment Trusts Industry

174th out of 181 stocks

1.5

Analyst's Opinion

Consensus Rating
COPT Defense Properties has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $26.67, COPT Defense Properties has a forecasted upside of 10.0% from its current price of $24.25.
Amount of Analyst Coverage
COPT Defense Properties has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CDP.

2.5

Dividend Strength

Dividend Leadership
COPT Defense Properties is a leading dividend payer. It pays a dividend yield of 4.70%, 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 Sustainability
Based on earnings estimates, COPT Defense Properties will have a dividend payout ratio of 45.78% next year. This indicates that COPT Defense Properties will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CDP.

3.3

News and Social Media Coverage

News Sentiment
COPT Defense Properties has a news sentiment score of 0.87. 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 0.76 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for COPT Defense Properties this week, compared to 0 articles on an average week.
Search Interest
6 people have searched for CDP on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.
MarketBeat Follows
Only 75 people have added COPT Defense Properties to their MarketBeat watchlist in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

0.0

Company Ownership

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 0.87% of the stock of COPT Defense Properties is held by insiders.

0.6

Earnings and Valuation

Earnings Growth
Earnings for COPT Defense Properties are expected to grow by 3.75% in the coming year, from $2.40 to $2.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of COPT Defense Properties is -46.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of COPT Defense Properties is -46.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
COPT Defense Properties has a PEG Ratio of 2.90. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
COPT Defense Properties has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About COPT Defense Properties Stock (NYSE:CDP)

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (IT) related activities servicing what the Company believes are growing, durable, priority missions (Defense/IT Locations). The Company also owns a portfolio of office properties located in select urban submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (Regional Office Properties). As of June 30, 2023, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 24 properties owned through unconsolidated joint ventures, COPT's core portfolio of 192 properties encompassed 22.9 million square feet and was 95% leased.

CDP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CDP Stock News Headlines

November 25, 2023 | americanbankingnews.com

COPT Defense Properties (NYSE:CDP) Shares Up 1.3%

October 27, 2023 | seekingalpha.com

COPT Defense Properties (CDP) Q3 2023 Earnings Conference Call Transcript

November 29, 2023 | Autonomix (Ad)

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October 27, 2023 | seekingalpha.com

COPT Defense Properties 2023 Q3 - Results - Earnings Call Presentation

October 13, 2023 | seekingalpha.com

COPT Defense Properties: Sleep Better With This Undervalued Dividend

See More Headlines

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Company Calendar

Ex-Dividend for 10/16 Dividend: 9/28/2023
Dividend Payable: 10/16/2023
Today: 11/28/2023
Ex-Dividend for 1/18 Dividend: 12/28/2023
Fiscal Year End: 12/31/2023
Dividend Payable: 1/18/2024
Next Earnings (Estimated): 2/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:CDP
CUSIP: N/A
CIK: 860546
Web: www.copt.com
Phone: 443-285-5400
Fax: 443-285-7650
Employees: 395
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $26.67
High Stock Price Target: $27.00
Low Stock Price Target: $26.00
Potential Upside/Downside: +10.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.52)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 10.10
P/E Growth: 2.9
Net Income: $173.03 million
Net Margins: -8.32%
Pretax Margin: -8.32%
Return on Equity: -3.34%
Return on Assets: -1.34%

Debt

Debt-to-Equity Ratio: 1.58
Current Ratio: 3.50
Quick Ratio: 3.50

Sales & Book Value

Annual Sales: $739.03 million
Price / Sales: 3.69
Cash Flow: $2.59 per share
Price / Cash Flow: 9.35
Book Value: $15.31 per share
Price / Book: 1.58

Miscellaneous

Outstanding Shares: 112,550,000
Free Float: 111,567,000
Market Cap: $2.73 billion
Optionable: Optionable
Beta: 1.01

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Key Executives

Mr. Stephen E. Budorick (Age 63)
President, CEO & Trustee
Comp: $1.96M
Mr. Anthony Mifsud (Age 59)
Executive VP & CFO
Comp: $1.08M
Mr. Matthew T. Myers (Age 39)
Senior VP, Chief Accounting Officer & Controller
Mr. Venkat Kommineni C.F.A.
Vice President of Investor Relations
Mr. David L. Finch
VP, General Counsel & Secretary
Ms. Sarah Blackwell Rowland
Director of Human Resources
Mr. Dean A. Lopez
Senior Vice President of Development & Construction
Mr. Frank W. Ziegler
Senior Vice President of New Business & Development Government Services
Mr. William S. Barroll
Managing SVP of Asset Management & Chief Business Officer
Mr. George Ruo
Managing SVP of Operations & Government Services

Key Competitors

View All Competitors

CDP Stock Analysis - Frequently Asked Questions

Should I buy or sell COPT Defense Properties stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for COPT Defense Properties in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CDP shares.
View CDP analyst ratings or view top-rated stocks.
What is COPT Defense Properties' stock price target for 2024?: 2 equities research analysts have issued twelve-month price objectives for COPT Defense Properties' stock. Their CDP share price targets range from $26.00 to $27.00. On average, they anticipate the company's share price to reach $26.67 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for CDP or view top-rated stocks among Wall Street analysts.
How have CDP shares performed in 2023?: COPT Defense Properties' stock was trading at $25.27 at the start of the year. Since then, CDP shares have decreased by 4.0% and is now trading at $24.25.
View the best growth stocks for 2023 here.
When is COPT Defense Properties' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our CDP earnings forecast.

How often does COPT Defense Properties pay dividends? What is the dividend yield for COPT Defense Properties?: COPT Defense Properties announced a quarterly dividend on Thursday, November 9th. Shareholders of record on Friday, December 29th will be given a dividend of $0.285 per share on Thursday, January 18th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend is Thursday, December 28th.
Read our dividend analysis for CDP.
Is COPT Defense Properties a good dividend stock?: COPT Defense Properties (NYSE:CDP) pays an annual dividend of $1.14 per share and currently has a dividend yield of 4.70%. CDP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CDP.
What guidance has COPT Defense Properties issued on next quarter's earnings?: COPT Defense Properties issued an update on its fourth quarter 2023 earnings guidance on Thursday, October, 26th. The company provided earnings per share guidance of $0.60-$0.62 for the period, compared to the consensus estimate of $0.60. The company issued revenue guidance of -.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CDP) was last updated on 11/29/2023 by MarketBeat.com Staff

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

COPT Defense Properties MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About COPT Defense Properties Stock (NYSE:CDP)

CDP Stock Price History

CDP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CDP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™