Analysts Set COPT Defense Properties (NYSE:CDP) PT at $33.88

COPT Defense Properties (NYSE:CDP) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, 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 1 year price target among brokers that have issued ratings on the stock in the last year is $33.8750.

A number of brokerages have issued reports on CDP. Weiss Ratings restated a “buy (b-)” rating on shares of COPT Defense Properties in a report on Wednesday, January 21st. Jefferies Financial Group boosted their target price on COPT Defense Properties from $33.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Wells Fargo & Company boosted their price objective on COPT Defense Properties from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Evercore reissued an “outperform” rating on shares of COPT Defense Properties in a research report on Friday, February 6th. Finally, Citigroup lifted their price target on COPT Defense Properties from $29.00 to $34.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th.

Insiders Place Their Bets

In other COPT Defense Properties news, Director Philip L. Hawkins sold 5,536 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $32.71, for a total transaction of $181,082.56. Following the sale, the director directly owned 15,188 shares of the company’s stock, valued at $496,799.48. The trade was a 26.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On COPT Defense Properties

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Los Angeles Capital Management LLC bought a new position in shares of COPT Defense Properties in the 4th quarter valued at about $27,000. Financial Consulate Inc. bought a new stake in COPT Defense Properties in the third quarter valued at approximately $39,000. EverSource Wealth Advisors LLC lifted its position in shares of COPT Defense Properties by 1,176.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock valued at $46,000 after buying an additional 1,553 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of COPT Defense Properties by 31.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,973 shares of the company’s stock worth $57,000 after acquiring an additional 469 shares during the period. Finally, Optima Capital LLC acquired a new position in shares of COPT Defense Properties during the 4th quarter worth approximately $63,000.

COPT Defense Properties Trading Down 0.2%

Shares of NYSE CDP opened at $31.65 on Wednesday. COPT Defense Properties has a fifty-two week low of $23.92 and a fifty-two week high of $32.82. The firm has a market capitalization of $3.58 billion, a P/E ratio of 23.44 and a beta of 0.86. The company has a debt-to-equity ratio of 1.77, a current ratio of 3.95 and a quick ratio of 3.95. The company’s 50 day simple moving average is $31.12 and its 200 day simple moving average is $29.80.

COPT Defense Properties (NYSE:CDP) last issued its earnings results on Thursday, February 5th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. COPT Defense Properties had a net margin of 19.94% and a return on equity of 9.82%. The company had revenue of $197.36 million during the quarter, compared to analysts’ expectations of $188.79 million. During the same quarter in the previous year, the company posted $0.65 EPS. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. COPT Defense Properties has set its FY 2026 guidance at 2.710-2.790 EPS and its Q1 2026 guidance at 0.670-0.690 EPS. On average, analysts predict that COPT Defense Properties will post 2.67 EPS for the current year.

COPT Defense Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from COPT Defense Properties’s previous quarterly dividend of $0.31. The ex-dividend date is Tuesday, March 31st. COPT Defense Properties’s dividend payout ratio is 90.37%.

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.