COPT Defense Properties (NYSE:CDP) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of COPT Defense Properties (NYSE:CDP) have earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $35.00.

Several analysts recently weighed in on the stock. 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. Weiss Ratings upgraded shares of COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Evercore reiterated an “outperform” rating and issued a $38.00 target price on shares of COPT Defense Properties in a report on Tuesday, April 28th. Wells Fargo & Company lifted their target price on shares of COPT Defense Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $37.00 target price on shares of COPT Defense Properties in a report on Wednesday, April 29th.

COPT Defense Properties Stock Up 0.9%

Shares of NYSE CDP opened at $33.54 on Friday. The company has a 50 day simple moving average of $32.29 and a 200-day simple moving average of $31.15. The company has a market capitalization of $3.80 billion, a P/E ratio of 24.30 and a beta of 0.79. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.85 and a quick ratio of 2.85. COPT Defense Properties has a 1 year low of $26.91 and a 1 year high of $34.78.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings results on Monday, April 27th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.34). COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.The firm had revenue of $200.64 million for the quarter, compared to analyst estimates of $185.10 million. During the same quarter in the prior year, the business earned $0.65 EPS. The firm’s quarterly revenue 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. On average, equities research analysts predict that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 3.8%. The ex-dividend date is Tuesday, June 30th. COPT Defense Properties’s dividend payout ratio (DPR) is 92.75%.

Insiders Place Their Bets

In related news, Director Robert L. Denton sold 3,922 shares of COPT Defense Properties stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $32.38, for a total value of $126,994.36. Following the completion of the sale, the director owned 3,803 shares in the company, valued at approximately $123,141.14. This trade represents a 50.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.66% of the company’s stock.

Institutional Trading of COPT Defense Properties

Several institutional investors have recently added to or reduced their stakes in CDP. Vanguard Group Inc. grew its stake in shares of COPT Defense Properties by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 17,127,858 shares of the company’s stock worth $476,154,000 after acquiring an additional 128,583 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of COPT Defense Properties by 16.8% in the third quarter. Alliancebernstein L.P. now owns 8,457,373 shares of the company’s stock worth $245,771,000 after acquiring an additional 1,215,936 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of COPT Defense Properties by 8.3% in the fourth quarter. JPMorgan Chase & Co. now owns 3,862,294 shares of the company’s stock worth $107,372,000 after acquiring an additional 296,221 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of COPT Defense Properties by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 3,149,130 shares of the company’s stock worth $87,558,000 after acquiring an additional 17,049 shares in the last quarter. Finally, Channing Capital Management LLC lifted its position in shares of COPT Defense Properties by 21.0% during the 3rd quarter. Channing Capital Management LLC now owns 2,913,596 shares of the company’s stock worth $84,669,000 after purchasing an additional 506,593 shares during the last quarter.

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.