COPT Defense Properties (NYSE:CDP) Receives $35.38 Consensus PT from Analysts

COPT Defense Properties (NYSE:CDP) has been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $35.3750.

A number of research firms have recently issued reports on CDP. Cantor Fitzgerald reissued an “overweight” rating and issued a $37.00 target price on shares of COPT Defense Properties in a report on Thursday, June 25th. Wells Fargo & Company increased their price target on COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. JPMorgan Chase & Co. lifted their price objective on shares of COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Evercore reissued an “outperform” rating and issued a $41.00 price objective on shares of COPT Defense Properties in a research note on Monday, July 6th. Finally, Weiss Ratings upgraded shares of COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st.

Insider Activity

In related news, Director Robert L. Denton sold 3,922 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $32.38, for a total transaction of $126,994.36. Following the completion of the transaction, the director directly owned 3,803 shares of the company’s stock, valued at $123,141.14. This represents a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.66% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On COPT Defense Properties

A number of institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its position in COPT Defense Properties by 16.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,424 shares of the company’s stock worth $74,000 after purchasing an additional 339 shares during the period. California State Teachers Retirement System lifted its holdings in shares of COPT Defense Properties by 0.4% in the 2nd quarter. California State Teachers Retirement System now owns 104,190 shares of the company’s stock valued at $2,874,000 after buying an additional 457 shares during the period. GAMMA Investing LLC lifted its holdings in shares of COPT Defense Properties by 20.9% in the 2nd quarter. GAMMA Investing LLC now owns 2,880 shares of the company’s stock valued at $105,000 after buying an additional 498 shares during the period. State of Michigan Retirement System lifted its holdings in shares of COPT Defense Properties by 1.9% in the 1st quarter. State of Michigan Retirement System now owns 27,213 shares of the company’s stock valued at $833,000 after buying an additional 500 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of COPT Defense Properties by 2.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,780 shares of the company’s stock valued at $588,000 after buying an additional 513 shares in the last quarter.

COPT Defense Properties Stock Performance

NYSE CDP opened at $37.61 on Tuesday. The firm has a market cap of $4.26 billion, a P/E ratio of 27.25 and a beta of 0.76. COPT Defense Properties has a 52-week low of $26.91 and a 52-week high of $38.06. The business’s 50-day moving average price is $33.99 and its 200 day moving average price is $32.16. The company has a quick ratio of 2.85, a current ratio of 2.85 and a debt-to-equity ratio of 1.63.

COPT Defense Properties (NYSE:CDP) last posted its quarterly earnings data on Monday, April 27th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.34). COPT Defense Properties had a net margin of 20.10% and a return on equity of 10.02%. The company had revenue of $200.64 million for the quarter, compared to analysts’ expectations of $185.10 million. During the same period in the prior year, the company earned $0.65 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. COPT Defense Properties has set its FY 2026 guidance at 2.730-2.790 EPS and its Q2 2026 guidance at 0.680-0.700 EPS. On average, equities research analysts expect that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Tuesday, June 30th. COPT Defense Properties’s payout ratio is 92.75%.

About COPT Defense Properties

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.