COPT Defense Properties (NYSE:CDP) Receives $37.38 Consensus Price Target from Brokerages

COPT Defense Properties (NYSE:CDP) has received an average rating of “Moderate Buy” from the eight analysts that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $37.3750.

Several research analysts have weighed in on CDP shares. Citigroup increased their price target on shares of COPT Defense Properties from $34.00 to $40.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Truist Financial upped their target price on COPT Defense Properties from $34.00 to $38.00 and gave the company a “hold” rating in a research report on Monday, August 24th. Wells Fargo & Company increased their target price on COPT Defense Properties from $36.00 to $41.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 1st. JPMorgan Chase & Co. lifted their price target on COPT Defense Properties from $33.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $37.00 price target on shares of COPT Defense Properties in a research note on Thursday, June 25th.

COPT Defense Properties Trading Up 0.8%

CDP stock opened at $35.43 on Wednesday. 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 fifty day moving average price of $36.98 and a two-hundred day moving average price of $33.97. COPT Defense Properties has a one year low of $27.06 and a one year high of $38.90. The stock has a market cap of $4.02 billion, a price-to-earnings ratio of 24.60 and a beta of 0.76.

COPT Defense Properties (NYSE:CDP) last posted its earnings results on Monday, July 27th. The company reported $0.40 earnings per share (EPS) for the quarter, topping 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 quarter last 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. Equities analysts anticipate that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.32 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $1.28 annualized dividend and a dividend yield of 3.6%. COPT Defense Properties’s dividend payout ratio is 88.89%.

Institutional Trading of COPT Defense Properties

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of COPT Defense Properties by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 17,127,858 shares of the company’s stock worth $476,154,000 after purchasing an additional 128,583 shares in the last quarter. Alliancebernstein L.P. boosted its stake in shares of COPT Defense Properties by 5.9% in the second quarter. Alliancebernstein L.P. now owns 7,241,437 shares of the company’s stock valued at $199,719,000 after buying an additional 406,617 shares during the period. California State Teachers Retirement System boosted its stake in shares of COPT Defense Properties by 3,438.6% in the second quarter. California State Teachers Retirement System now owns 4,855,991 shares of the company’s stock valued at $176,710,000 after buying an additional 4,718,763 shares during the period. JPMorgan Chase & Co. grew its position in COPT Defense Properties by 8.3% during the fourth quarter. JPMorgan Chase & Co. now owns 3,862,294 shares of the company’s stock worth $107,372,000 after buying an additional 296,221 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in COPT Defense Properties by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 3,149,130 shares of the company’s stock worth $87,558,000 after buying an additional 17,049 shares in 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.