COPT Defense Properties (NYSE:CDP) Receives Average Recommendation of “Moderate Buy” from Analysts

COPT Defense Properties (NYSE:CDP) has received a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $35.3750.

A number of research firms recently issued reports on CDP. Evercore restated an “outperform” rating and set a $41.00 price target on shares of COPT Defense Properties in a research note on Monday, July 6th. Wells Fargo & Company boosted their price objective on COPT Defense Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Weiss Ratings raised COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Cantor Fitzgerald restated an “overweight” rating and set a $37.00 target price on shares of COPT Defense Properties in a research report on Thursday, June 25th. Finally, Truist Financial lifted their target price on shares of COPT Defense Properties from $33.00 to $34.00 and gave the company a “hold” rating in a report on Monday, June 8th.

Insider Transactions at COPT Defense Properties

In other COPT Defense Properties news, Director Robert L. Denton sold 3,922 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $32.38, for a total transaction of $126,994.36. Following the transaction, the director directly owned 3,803 shares of the company’s stock, valued at approximately $123,141.14. This trade represents a 50.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.66% of the company’s stock.

Institutional Investors Weigh In On COPT Defense Properties

Institutional investors and hedge funds have recently made changes to their positions in the business. Fiduciary Financial Group LLC acquired a new stake in shares of COPT Defense Properties during the second quarter worth about $215,000. Handelsbanken Fonder AB increased its position in COPT Defense Properties by 26.2% in the 2nd quarter. Handelsbanken Fonder AB now owns 46,681 shares of the company’s stock valued at $1,699,000 after acquiring an additional 9,700 shares during the period. GAMMA Investing LLC increased its position in 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 acquiring an additional 498 shares during the period. Edgestream Partners L.P. purchased a new stake in COPT Defense Properties during the 1st quarter valued at approximately $1,831,000. Finally, Arkadios Wealth Advisors raised its stake in COPT Defense Properties by 8.1% during the 1st quarter. Arkadios Wealth Advisors now owns 15,261 shares of the company’s stock valued at $467,000 after acquiring an additional 1,146 shares during the last quarter.

COPT Defense Properties Stock Performance

Shares of CDP stock opened at $36.49 on Tuesday. The stock’s 50-day moving average is $33.66 and its two-hundred day moving average is $31.97. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of 26.44 and a beta of 0.76. COPT Defense Properties has a 1 year low of $26.91 and a 1 year high of $38.06. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.85 and a current ratio of 2.85.

COPT Defense Properties (NYSE:CDP) last posted its earnings results on Monday, April 27th. The company reported $0.34 earnings per share 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 firm had revenue of $200.64 million during the quarter, compared to analysts’ expectations of $185.10 million. During the same period in the previous year, the firm posted $0.65 earnings per share. The firm’s revenue for the quarter 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. Analysts predict that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.32 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.28 dividend on an annualized basis and a yield of 3.5%. COPT Defense Properties’s dividend payout ratio is currently 92.75%.

COPT Defense Properties Company Profile

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.