COPT Defense Properties (NYSE:CDP) Sets New 52-Week High Following Analyst Upgrade

Posted by Geri Gentry on Aug 1st, 2026

COPT Defense Properties (NYSE:CDP – Get Free Report)’s share price reached a new 52-week high on Thursday after Citigroup raised their price target on the stock from $34.00 to $40.00. Citigroup currently has a neutral rating on the stock. COPT Defense Properties traded as high as $38.90 and last traded at $38.0430, with a volume of 1356064 shares. The stock had previously closed at $38.24.

A number of other research analysts also recently issued reports on the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $37.00 price target on shares of COPT Defense Properties in a report on Thursday, June 25th. JPMorgan Chase & Co. upped their price objective 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 reaffirmed an “outperform” rating and set a $42.00 price objective on shares of COPT Defense Properties in a research report on Monday. Truist Financial lifted their target price on COPT Defense Properties from $33.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, June 8th. Finally, Wells Fargo & Company boosted their target price on shares of COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $36.25.

View Our Latest Stock Report on COPT Defense Properties

Insiders Place Their Bets

In other COPT Defense Properties news, Director Robert L. Denton sold 3,922 shares of COPT Defense Properties stock in a transaction 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 transaction, the director directly owned 3,803 shares of the company’s stock, valued at approximately $123,141.14. The trade was a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.66% of the stock is currently owned by company insiders.

Institutional Trading of COPT Defense Properties

Several hedge funds and other institutional investors have recently made changes to their positions in CDP. EverSource Wealth Advisors LLC grew its stake in COPT Defense Properties by 16.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,424 shares of the company’s stock worth $74,000 after buying an additional 339 shares during the last quarter. California State Teachers Retirement System increased its position in COPT Defense Properties by 0.4% during the 2nd quarter. California State Teachers Retirement System now owns 104,190 shares of the company’s stock valued at $2,874,000 after buying an additional 457 shares in the last quarter. GAMMA Investing LLC raised its stake in COPT Defense Properties by 20.9% in the second quarter. GAMMA Investing LLC now owns 2,880 shares of the company’s stock valued at $105,000 after buying an additional 498 shares during the last quarter. State of Michigan Retirement System raised its stake in COPT Defense Properties by 1.9% in the first quarter. State of Michigan Retirement System now owns 27,213 shares of the company’s stock valued at $833,000 after buying an additional 500 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in COPT Defense Properties by 2.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,780 shares of the company’s stock worth $588,000 after acquiring an additional 513 shares in the last quarter.

COPT Defense Properties Stock Performance

The firm has a market cap of $4.30 billion, a price-to-earnings ratio of 26.36 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 2.85. The firm has a fifty day simple moving average of $35.31 and a two-hundred day simple moving average of $32.86.

COPT Defense Properties (NYSE:CDP – Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.07. The firm had revenue of $197.39 million for 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 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. On average, analysts expect that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, June 30th. COPT Defense Properties’s payout ratio is currently 88.89%.

About COPT Defense Properties

(Get Free Report)

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.