COPT Defense Properties (CDP) to Issue Quarterly Dividend of $0.32 on April 15th

COPT Defense Properties (NYSE:CDP) declared a quarterly dividend on Thursday, February 19th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.32 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Tuesday, March 31st. This is a 4.9% increase from COPT Defense Properties’s previous quarterly dividend of $0.31.

COPT Defense Properties has raised its dividend by an average of 0.0%annually over the last three years.

COPT Defense Properties Trading Down 2.2%

Shares of COPT Defense Properties stock opened at $30.63 on Friday. 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 stock’s 50 day simple moving average is $31.54 and its 200-day simple moving average is $29.93. The stock has a market cap of $3.47 billion, a P/E ratio of 22.69 and a beta of 0.86. COPT Defense Properties has a 1-year low of $23.92 and a 1-year high of $32.82.

COPT Defense Properties (NYSE:CDP) last posted its quarterly 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 return on equity of 9.82% and a net margin of 19.94%.The firm had revenue of $197.36 million during the quarter, compared to analysts’ expectations of $188.79 million. During the same quarter last year, the firm earned $0.65 earnings per share. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. 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. Analysts predict that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CDP. Truist Financial upped their target price on COPT Defense Properties from $31.00 to $33.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. Weiss Ratings reissued a “buy (b-)” rating on shares of COPT Defense Properties in a research report on Wednesday, January 21st. Evercore reissued an “outperform” rating on shares of COPT Defense Properties in a report on Friday, February 6th. Citigroup raised their price objective on shares of COPT Defense Properties from $29.00 to $34.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Finally, Jefferies Financial Group lifted their target price on shares of COPT Defense Properties from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $33.88.

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.