COPT Defense Properties (NYSE:CDP) Given New $37.00 Price Target at Cantor Fitzgerald

COPT Defense Properties (NYSE:CDP) had its price target boosted by Cantor Fitzgerald from $33.00 to $37.00 in a research report released on Monday, MarketBeat reports. Cantor Fitzgerald currently has an overweight rating on the stock.

A number of other brokerages have also recently weighed in on CDP. Wells Fargo & Company increased their price target on COPT Defense Properties from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Weiss Ratings restated a “buy (b-)” rating on shares of COPT Defense Properties in a research note on Wednesday, January 21st. New Street Research set a $33.00 target price on COPT Defense Properties in a research note on Monday, October 13th. Truist Financial boosted their price target on shares of COPT Defense Properties from $30.00 to $31.00 and gave the company a “hold” rating in a report on Monday, December 15th. Finally, Evercore reaffirmed an “outperform” rating on shares of COPT Defense Properties in a report on Friday. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, COPT Defense Properties presently has an average rating of “Moderate Buy” and a consensus target price of $33.57.

COPT Defense Properties Trading Down 1.8%

NYSE CDP opened at $31.86 on Monday. The stock has a market cap of $3.61 billion, a P/E ratio of 23.60 and a beta of 0.86. The company’s fifty day simple moving average is $29.56 and its 200-day simple moving average is $29.12. The company has a current ratio of 3.95, a quick ratio of 2.34 and a debt-to-equity ratio of 1.77. COPT Defense Properties has a 52 week low of $23.92 and a 52 week high of $32.67.

COPT Defense Properties (NYSE:CDP) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The firm had revenue of $197.36 million during the quarter, compared to the consensus estimate of $188.79 million. COPT Defense Properties had a return on equity of 9.82% and a net margin of 19.94%.COPT Defense Properties’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.65 earnings per share. COPT Defense Properties has set its FY 2026 guidance at 2.710-2.790 EPS and its Q1 2026 guidance at 0.670-0.690 EPS. Equities research analysts predict that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

COPT Defense Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.305 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $1.22 annualized dividend and a yield of 3.8%. COPT Defense Properties’s payout ratio is 90.37%.

Institutional Trading of COPT Defense Properties

A number of hedge funds and other institutional investors have recently made changes to their positions in CDP. Nordea Investment Management AB grew its holdings in shares of COPT Defense Properties by 4.6% during the third quarter. Nordea Investment Management AB now owns 393,117 shares of the company’s stock valued at $11,361,000 after buying an additional 17,418 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in COPT Defense Properties in the 3rd quarter worth about $1,203,000. Allianz Asset Management GmbH boosted its position in COPT Defense Properties by 31.9% during the 3rd quarter. Allianz Asset Management GmbH now owns 461,797 shares of the company’s stock worth $13,420,000 after acquiring an additional 111,696 shares during the period. Fort Washington Investment Advisors Inc. OH boosted its position in COPT Defense Properties by 38.8% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,001,514 shares of the company’s stock worth $29,104,000 after acquiring an additional 279,790 shares during the period. Finally, New York State Common Retirement Fund grew its stake in COPT Defense Properties by 22.4% during the 3rd quarter. New York State Common Retirement Fund now owns 653,172 shares of the company’s stock valued at $18,981,000 after acquiring an additional 119,533 shares in the last quarter.

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.