COPT Defense Properties (NYSE:CDP) Given Average Rating of “Moderate Buy” by Brokerages

Shares of COPT Defense Properties (NYSE:CDP) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $37.3750.

A number of brokerages have issued reports on CDP. JPMorgan Chase & Co. lifted their price objective on COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a report on Friday, May 15th. Weiss Ratings restated a “buy (b)” rating on shares of COPT Defense Properties in a research report on Friday, July 17th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $37.00 price objective on shares of COPT Defense Properties in a report on Thursday, June 25th. Wells Fargo & Company increased 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. Finally, Truist Financial lifted their target price on COPT Defense Properties from $34.00 to $38.00 and gave the company a “hold” rating in a research note on Monday, August 24th.

COPT Defense Properties Stock Down 0.1%

Shares of CDP stock opened at $35.12 on Wednesday. The stock has a market cap of $3.98 billion, a P/E ratio of 24.39 and a beta of 0.76. COPT Defense Properties has a one year low of $27.06 and a one year high of $38.90. The stock has a fifty day moving average price of $37.03 and a 200 day moving average price of $33.92. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.89 and a quick ratio of 2.89.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings results 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 analyst estimates 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 previous year, the firm 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 predict that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Announces Dividend

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

Institutional Investors Weigh In On COPT Defense Properties

A number of institutional investors and hedge funds have recently modified their holdings of the business. Los Angeles Capital Management LLC bought a new position in shares of COPT Defense Properties in the 4th quarter worth $27,000. EverSource Wealth Advisors LLC increased its stake in shares of COPT Defense Properties by 1,176.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock valued at $46,000 after acquiring an additional 1,553 shares during the last quarter. Nykredit A S bought a new stake in shares of COPT Defense Properties in the 2nd quarter valued at about $76,000. GAMMA Investing LLC raised its position in shares of COPT Defense Properties by 20.9% in the 2nd quarter. GAMMA Investing LLC now owns 2,880 shares of the company’s stock valued at $105,000 after acquiring an additional 498 shares during the period. Finally, Caitong International Asset Management Co. Ltd boosted its stake in COPT Defense Properties by 283.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock worth $88,000 after acquiring an additional 2,346 shares during the last quarter.

About COPT Defense Properties

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.