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

Shares of COPT Defense Properties (NYSE:CDP) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $34.50.

CDP has been the subject of several analyst reports. Truist Financial boosted their target price on shares of COPT Defense Properties from $31.00 to $33.00 and gave the company a “hold” rating in a research note on Tuesday, March 3rd. Evercore reiterated an “outperform” rating and issued a $38.00 target price on shares of COPT Defense Properties in a research note on Tuesday, April 28th. Weiss Ratings upgraded shares of COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. JPMorgan Chase & Co. boosted their target price on shares of COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Finally, Citigroup boosted their target price on shares of COPT Defense Properties from $29.00 to $34.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th.

COPT Defense Properties Stock Performance

Shares of NYSE CDP opened at $32.05 on Monday. The company has a current ratio of 2.85, a quick ratio of 2.85 and a debt-to-equity ratio of 1.63. COPT Defense Properties has a 12 month low of $26.91 and a 12 month high of $33.33. The company has a 50 day simple moving average of $31.74 and a two-hundred day simple moving average of $30.82. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of 23.22 and a beta of 0.79.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings data on Monday, April 27th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.34). COPT Defense Properties had a net margin of 20.10% and a return on equity of 10.02%. The business had revenue of $200.64 million for the quarter, compared to analyst estimates of $185.10 million. During the same quarter in the previous year, the firm posted $0.65 earnings per share. The business’s revenue was up 6.8% on a year-over-year basis. COPT Defense Properties has set its FY 2026 guidance at 2.730-2.790 EPS and its Q2 2026 guidance at 0.680-0.700 EPS. As a group, analysts predict that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Tuesday, June 30th. COPT Defense Properties’s payout ratio is currently 92.75%.

Insider Activity

In related news, Director Robert L. Denton sold 3,922 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $32.38, for a total value of $126,994.36. Following the completion of the transaction, the director directly owned 3,803 shares in the company, valued at $123,141.14. The trade was a 50.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.66% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On COPT Defense Properties

A number of large investors have recently added to or reduced their stakes in CDP. Los Angeles Capital Management LLC acquired a new position in COPT Defense Properties during the fourth quarter worth $27,000. EverSource Wealth Advisors LLC raised its position in COPT Defense Properties by 1,176.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock worth $46,000 after acquiring an additional 1,553 shares during the period. Optima Capital LLC acquired a new position in COPT Defense Properties during the fourth quarter worth $63,000. 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 worth $88,000 after acquiring an additional 2,346 shares during the period. Finally, Osaic Holdings Inc. raised its position in COPT Defense Properties by 59.6% during the second quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock worth $88,000 after acquiring an additional 1,192 shares during the period.

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.