COPT Defense Properties (NYSE:CDP) Stock Has Consensus Price Target of $37.38

COPT Defense Properties (NYSE:CDP) has been assigned an average rating of “Moderate Buy” from the eight research firms that are presently covering the company, MarketBeat.com reports. Three 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 brokerages that have issued a report on the stock in the last year is $37.38.

Several analysts have commented on CDP shares. Wells Fargo & Company upped their target price on shares of COPT Defense Properties from $36.00 to $41.00 and gave the company an “overweight” rating in a research report on Tuesday, September 1st. Citigroup boosted 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. Evercore reiterated an “outperform” rating and issued a $42.00 price objective on shares of COPT Defense Properties in a research report on Monday, July 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of COPT Defense Properties in a research note on Friday, July 17th. Finally, Truist Financial upped their price target on shares of COPT Defense Properties from $34.00 to $38.00 and gave the company a “hold” rating in a report on Monday, August 24th.

Hedge Funds Weigh In On COPT Defense Properties

Large investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of COPT Defense Properties during the fourth quarter worth about $39,685,000. Rockefeller Capital Management L.P. grew its holdings in shares of COPT Defense Properties by 15,030.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 477,073 shares of the company’s stock worth $13,263,000 after buying an additional 473,920 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in COPT Defense Properties in the 2nd quarter valued at approximately $8,008,000. Easterly Investment Partners LLC lifted its stake in COPT Defense Properties by 154.2% in the 4th quarter. Easterly Investment Partners LLC now owns 299,934 shares of the company’s stock valued at $8,338,000 after acquiring an additional 181,935 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in COPT Defense Properties by 81.3% in the 1st quarter. Renaissance Technologies LLC now owns 253,900 shares of the company’s stock valued at $7,769,000 after acquiring an additional 113,819 shares in the last quarter.

COPT Defense Properties Stock Performance

CDP stock opened at $34.33 on Friday. The stock has a market capitalization of $3.89 billion, a PE ratio of 23.84 and a beta of 0.76. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.89 and a quick ratio of 2.89. The company has a 50 day moving average price of $36.22 and a 200 day moving average price of $34.21. COPT Defense Properties has a fifty-two week low of $27.06 and a fifty-two week high of $38.90.

COPT Defense Properties (NYSE:CDP) last released its 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 company had revenue of $197.39 million during the quarter, compared to analysts’ expectations of $189.36 million. COPT Defense Properties had a return on equity of 10.48% and a net margin of 20.94%.During the same period last 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. Analysts forecast that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Dividend Announcement

The business 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 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, September 30th. COPT Defense Properties’s payout ratio is currently 88.89%.

COPT Defense Properties Company Profile

COPT Defense Properties (NYSE: CDP) is a real estate investment trust that owns, develops, manages and operates office and specialized data center properties in the United States. The company focuses on facilities designed to support national security, defense and information technology organizations, including government agencies, defense contractors and related businesses.

Its portfolio is concentrated in the Greater Washington, DC, region and nearby markets, including Northern Virginia and suburban Maryland.