COPT Defense Properties (NYSE:CDP) Receives $37.38 Average PT from Analysts

Shares of COPT Defense Properties (NYSE:CDP) have been given an average rating of “Moderate Buy” by the eight research firms that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $37.3750.

A number of brokerages have recently commented on CDP. Evercore reaffirmed an “outperform” rating and issued a $42.00 target price on shares of COPT Defense Properties in a report on Monday, July 27th. Truist Financial boosted their price target on COPT Defense Properties from $34.00 to $38.00 and gave the company a “hold” rating in a research report on Monday, August 24th. Wells Fargo & Company upped their price objective on COPT Defense Properties from $36.00 to $41.00 and gave the company an “overweight” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of COPT Defense Properties in a research report on Friday, July 17th. Finally, Citigroup lifted their target price on COPT Defense Properties from $34.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th.

Hedge Funds Weigh In On COPT Defense Properties

Several institutional investors have recently bought and sold shares of CDP. Royal Bank of Canada lifted its stake in shares of COPT Defense Properties by 12.1% in the 1st quarter. Royal Bank of Canada now owns 104,602 shares of the company’s stock worth $2,853,000 after acquiring an additional 11,316 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of COPT Defense Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 67,030 shares of the company’s stock worth $1,828,000 after acquiring an additional 2,931 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in COPT Defense Properties by 5.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 834,042 shares of the company’s stock worth $22,744,000 after purchasing an additional 39,683 shares in the last quarter. Jane Street Group LLC raised its holdings in COPT Defense Properties by 152.4% during the first quarter. Jane Street Group LLC now owns 214,122 shares of the company’s stock worth $5,839,000 after purchasing an additional 129,303 shares in the last quarter. Finally, Invesco Ltd. lifted its position in COPT Defense Properties by 11.8% in the second quarter. Invesco Ltd. now owns 758,513 shares of the company’s stock valued at $20,920,000 after purchasing an additional 80,153 shares during the period.

COPT Defense Properties Price Performance

CDP stock opened at $35.12 on Wednesday. The company has a current ratio of 2.89, a quick ratio of 2.89 and a debt-to-equity ratio of 1.64. The company has a market capitalization of $3.98 billion, a P/E ratio of 24.39 and a beta of 0.76. The business has a 50 day simple moving average of $37.03 and a 200-day simple moving average of $33.90. COPT Defense Properties has a twelve month low of $27.06 and a twelve month high of $38.90.

COPT Defense Properties (NYSE:CDP) last released its quarterly earnings results on Monday, July 27th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.33 by $0.07. The firm had revenue of $197.39 million during the quarter, compared to the consensus estimate of $189.36 million. COPT Defense Properties had a net margin of 20.94% and a return on equity of 10.48%. During the same quarter in the prior year, the firm earned $0.34 EPS. 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, equities analysts anticipate that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Wednesday, September 30th. COPT Defense Properties’s dividend payout ratio (DPR) is 88.89%.

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.