COPT Defense Properties (CDP) To Go Ex-Dividend on September 30th

COPT Defense Properties (NYSE:CDP) declared a quarterly dividend on Thursday, August 13th. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.32 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, September 30th.

COPT Defense Properties has raised its dividend payment by an average of 0.0%per year over the last three years.

COPT Defense Properties Trading Down 0.8%

NYSE CDP opened at $36.97 on Friday. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 1.64. The firm has a market cap of $4.19 billion, a PE ratio of 25.67 and a beta of 0.76. The company has a 50 day moving average price of $36.32 and a 200 day moving average price of $33.34. COPT Defense Properties has a 52 week low of $27.06 and a 52 week high of $38.90.

COPT Defense Properties (NYSE:CDP) last posted its earnings results on Monday, July 27th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.07. COPT Defense Properties had a net margin of 20.94% and a return on equity of 10.48%. The company had revenue of $197.39 million during the quarter, compared to analysts’ expectations of $189.36 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. COPT Defense Properties has set its FY 2026 guidance at 1.390-1.430 EPS and its Q3 2026 guidance at 0.370-0.390 EPS. As a group, sell-side analysts forecast that COPT Defense Properties will post 2.78 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on COPT Defense Properties from $33.00 to $34.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. Evercore reiterated an “outperform” rating and issued a $42.00 price target on shares of COPT Defense Properties in a research note on Monday, July 27th. Wells Fargo & Company raised 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. Truist Financial boosted their price target on COPT Defense Properties from $33.00 to $34.00 and gave the stock a “hold” rating in a research note on Monday, June 8th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of COPT Defense Properties in a report on Friday, July 17th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $36.25.

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.