COPT Defense Properties (NYSE:CDP) Stock Now Rated “Moderate Buy” by Wall Street Analysts

COPT Defense Properties (NYSE:CDP – Get Free Report) has received an average recommendation of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $37.38.

A number of analysts have recently weighed in on the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $37.00 price target on shares of COPT Defense Properties in a research report on Thursday, June 25th. Wells Fargo & Company boosted their price objective on COPT Defense Properties from $36.00 to $41.00 and gave the company an “overweight” rating in a research report on Tuesday, September 1st. Truist Financial upped their price objective on COPT Defense Properties from $34.00 to $38.00 and gave the stock a “hold” rating in a research note on Monday, August 24th. Citigroup increased their target price on COPT Defense Properties from $34.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Finally, Evercore reiterated an “outperform” rating and issued a $42.00 target price on shares of COPT Defense Properties in a research note on Monday, July 27th.

Read Our Latest Stock Analysis on COPT Defense Properties

COPT Defense Properties Trading Up 0.9%

CDP opened at $33.57 on Friday. The firm has a market capitalization of $3.81 billion, a P/E ratio of 23.31 and a beta of 0.77. The firm’s 50 day moving average is $35.97 and its 200-day moving average is $34.23. COPT Defense Properties has a 52-week low of $27.06 and a 52-week high of $38.90. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 1.64.

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 for the quarter, beating analysts’ consensus estimates 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 net margin of 20.94% and a return on equity of 10.48%. During the same period in the prior year, the company posted $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 expect that COPT Defense Properties will post 2.78 EPS for the current fiscal year.

COPT Defense Properties Announces Dividend

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 issued a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.28 annualized dividend and a yield of 3.8%. COPT Defense Properties’s dividend payout ratio is presently 88.89%.

Institutional Trading of COPT Defense Properties

Institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC acquired a new stake in shares of COPT Defense Properties during the second quarter valued at approximately $29,000. Versant Capital Management Inc raised its stake in COPT Defense Properties by 38.8% during the 3rd quarter. Versant Capital Management Inc now owns 1,159 shares of the company’s stock valued at $39,000 after purchasing an additional 324 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of COPT Defense Properties by 16.3% in the first 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 period. Nykredit A S purchased a new position in shares of COPT Defense Properties during the second quarter valued at $76,000. Finally, Caitong International Asset Management Co. Ltd raised its position in COPT Defense Properties by 283.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock valued at $88,000 after buying an additional 2,346 shares during the period.

About COPT Defense Properties

(Get Free Report)

COPT Defense Properties (NYSE: CDP) is a real estate investment trust that owns, operates and develops properties serving the U.S. government, defense contractors and information technology companies. The company’s portfolio includes office buildings, data center facilities and other specialized properties designed to support mission-critical operations.

The company primarily serves demand centers in the Greater Washington, DC, and Northern Virginia markets, as well as select locations in Maryland and other areas with significant concentrations of defense and government-related activity.

Further Reading

Analyst Recommendations for COPT Defense Properties (NYSE:CDP)

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