COPT Defense Properties (NYSE:CDP – Get Free Report) updated its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.370-0.390 for the period, compared to the consensus earnings per share estimate of 0.690. The company issued revenue guidance of -. COPT Defense Properties also updated its FY 2026 guidance to 1.390-1.430 EPS.
Analysts Set New Price Targets
CDP has been the subject of several research analyst reports. Wells Fargo & Company increased their target price on shares of COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Cantor Fitzgerald reissued an “overweight” rating and issued a $37.00 price target on shares of COPT Defense Properties in a research note on Thursday, June 25th. JPMorgan Chase & Co. upped their price objective on shares of COPT Defense Properties from $33.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. Truist Financial lifted their target price on shares of COPT Defense Properties from $33.00 to $34.00 and gave the company a “hold” rating in a report on Monday, June 8th. Finally, Evercore restated an “outperform” rating and set a $42.00 price target on shares of COPT Defense Properties in a research note on Monday. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $35.50.
Get Our Latest Research Report on COPT Defense Properties
COPT Defense Properties Stock Up 0.6%
COPT Defense Properties (NYSE:CDP – Get Free Report) last issued its earnings results on Monday, July 27th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.38. COPT Defense Properties had a net margin of 20.10% and a return on equity of 10.02%. 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. On average, sell-side analysts anticipate that COPT Defense Properties will post 2.78 earnings per share for the current fiscal year.
COPT Defense Properties Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.3%. COPT Defense Properties’s payout ratio is 92.75%.
Insider Buying and Selling
In other COPT Defense Properties news, Director Robert L. Denton sold 3,922 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total value of $126,994.36. Following the completion of the sale, the director owned 3,803 shares in the company, valued at approximately $123,141.14. The trade was a 50.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.66% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in CDP. Los Angeles Capital Management LLC purchased a new position in COPT Defense Properties during the fourth quarter worth about $27,000. EverSource Wealth Advisors LLC increased its position in COPT Defense Properties by 1,176.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock worth $46,000 after purchasing an additional 1,553 shares during the period. Osaic Holdings Inc. increased its position in COPT Defense Properties by 59.6% during the 2nd quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock worth $88,000 after purchasing an additional 1,192 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of COPT Defense Properties by 24.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 5,633 shares of the company’s stock worth $159,000 after buying an additional 1,120 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new position in shares of COPT Defense Properties during the 3rd quarter worth approximately $212,000.
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.
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