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CDP Stock Chart & Stats
$37.55
$0.55(1.47%)
At close: 4:00 PM EDT
$37.55
$0.55(1.47%)
Day’s Range― - ―
52-Week Range$27.06 - $38.90
Previous CloseN/A
Volume771.21K
Average Volume (3M)793.41K
Market Cap
$7.64B
Enterprise Value$6.91K
Total Cash (Recent Filing)$24.16M
Total Debt (Recent Filing)$2.67B
Price to Earnings (P/E)23.4
Beta0.28
Next Earnings
Oct 22, 2026EPS Estimate
0.35Next Dividend Ex-DateN/A
Dividend Yield3.69%
Share Statistics
EPS (TTM)1.45
Shares Outstanding113,410,460
10 Day Avg. Volume958,312
30 Day Avg. Volume793,409
Financial Highlights & Ratios
PEG Ratio2.11
Price to Book (P/B)2.06
Price to Sales (P/S)4.09
P/FCF Ratio12.33
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$39.33Price Target Upside4.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)1.42
Revenue Forecast (FY)$766.94M
Bulls Say, Bears Say
Bulls Say
Defense Spending TailwindHigher government defense and technology spending can support durable demand for CDP’s secure, mission-critical properties. Because its portfolio serves agencies and defense contractors near key installations, expanded budgets may reinforce occupancy, leasing activity, and development opportunities over multiple quarters.
Strong Leasing And RetentionHigh leased and occupied levels, combined with strong tenant retention, demonstrate durable demand for CDP’s specialized locations and reduce near-term vacancy exposure. Stable renewals support recurring contractual rent, while occupancy strength provides a foundation for cash NOI growth and operating consistency.
Raised Guidance And Development PipelineRaised FFO guidance alongside a sizable leasing and development pipeline indicates improving operating visibility and continued avenues for growth. The preleased pipeline can convert specialized development investment into future recurring rent, while higher guidance signals management confidence in execution.
Bears Say
Elevated LeverageElevated leverage leaves CDP more exposed to refinancing conditions and interest-rate sensitivity, which matters materially for an office-focused REIT. Higher debt also limits financial flexibility, potentially constraining acquisitions, development spending, or the ability to absorb operating setbacks.
Financing Cost And Note DilutionHigher refinancing costs directly reduce funds available for distribution or reinvestment, while exchangeable-note dilution can weigh on per-share earnings. These pressures may persist beyond one quarter and make future growth more dependent on operating gains and disciplined capital allocation.
Speculative Development Lease-Up RiskStarting buildings without preleases exposes CDP to uncertain lease-up timing and the possibility that capital remains unproductive longer than expected. Although management cites demand, delayed stabilization could pressure occupancy, development returns, and cash-flow efficiency over the next several quarters.
COPT Defense Properties News
CDP FAQ
What was COPT Defense Properties’s price range in the past 12 months?
COPT Defense Properties lowest stock price was $27.05 and its highest was $38.90 in the past 12 months.
What is COPT Defense Properties’s market cap?
COPT Defense Properties’s market cap is $7.64B.
When is COPT Defense Properties’s upcoming earnings report date?
COPT Defense Properties’s upcoming earnings report date is Oct 22, 2026 which is in 25 days.
How were COPT Defense Properties’s earnings last quarter?
COPT Defense Properties released its earnings results on Jul 27, 2026. The company reported $0.4 earnings per share for the quarter, beating the consensus estimate of $0.329 by $0.071.
Is COPT Defense Properties overvalued?
According to Wall Street analysts COPT Defense Properties’s price is currently Undervalued.
Does COPT Defense Properties pay dividends?
COPT Defense Properties pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 3.69%. See more information on COPT Defense Properties dividends here
What is COPT Defense Properties’s EPS estimate?
COPT Defense Properties’s EPS estimate is 0.35.
How many shares outstanding does COPT Defense Properties have?
COPT Defense Properties has 113,410,460 shares outstanding.
What happened to COPT Defense Properties’s price movement after its last earnings report?
COPT Defense Properties reported an EPS of $0.4 in its last earnings report, beating expectations of $0.329. Following the earnings report the stock price went down -0.078%.
Which hedge fund is a major shareholder of COPT Defense Properties?
Currently, no hedge funds are holding shares in CDP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
COPT Defense Properties Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$39.33 (4.75% Upside)
$39.33 (4.75% Upside)
Blogger Sentiment
Bullish
CDP Sentiment 60%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 145.1K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.53%
12-Months-Change
Fundamentals
Return on Equity
3.69%
Trailing 12-Months
Asset Growth
5.33%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
COPT Defense Properties
COPT is a Real Estate Investment Trust (REIT) that focuses on the ownership, management, leasing, development, and strategic acquisition of office and data center assets. The majority of its portfolio is dedicated to serving the United States Government and its contractors, particularly those engaged in national security, defense, and information technology (IT) operations, which the company identifies as growing, resilient, and high-priority missions. Furthermore, COPT maintains a collection of Class-A office properties located in select urban submarkets across the greater Washington, DC/Baltimore metropolitan area, distinguished by strong market characteristics. As of June 30, 2023, 90% of COPT's core portfolio's annual rental income originated from its Defense/IT locations, while the remaining 10% came from its Regional Office properties. On the same date, COPT's core portfolio, including 24 properties held via unconsolidated joint ventures, comprised 192 properties spanning 22.9 million square feet and maintained a 95% occupancy rate.
CDP Company Deck
CDP Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly positive: management reported outperformance in Q2 (FFO above midpoint), raised full-year guidance across multiple metrics, demonstrated strong leasing, high occupancy, robust tenant retention, and a growing prelease/development pipeline—supported by large anticipated increases in defense spending (FY2027 $1.1T base). Challenges disclosed were largely timing, modest near-term moderation in growth due to known move-outs and nonrecurring 2025 items, some financing cost/dilution pressure from exchangeable notes and refinancing, speculative inventory starts without preleases, and localized constraints (e.g., power for data centers). Overall, the positives (raised guidance, strong leasing/occupancy, pipeline acceleration, budget tailwinds) materially outweigh the disclosed headwinds.View all CDP earnings summariesCDP Stock 12 Month Forecast
Average Price Target
$39.33
▲(4.75% Upside)
Technical Analysis
BXP
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Piedmont Office
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Easterly Government Properties
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Ownership Overview
0.29% Insiders
29.57% Mutual Funds
17.42% Other Institutional Investors
17.56% Public Companies and
Individual Investors