COPT Defense Properties (NYSE:CDP) Hits New 52-Week High – Time to Buy?

COPT Defense Properties (NYSE:CDP)’s share price reached a new 52-week high on Friday . The stock traded as high as $38.10 and last traded at $37.98, with a volume of 99633 shares changing hands. The stock had previously closed at $37.48.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CDP shares. Truist Financial raised their price objective on shares of COPT Defense Properties from $33.00 to $34.00 and gave the stock a “hold” rating in a research report on Monday, June 8th. Wells Fargo & Company increased their target price on 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 set a $37.00 price target on shares of COPT Defense Properties in a report on Thursday, June 25th. Evercore restated an “outperform” rating and issued a $41.00 price target on shares of COPT Defense Properties in a research note on Monday, July 6th. Finally, JPMorgan Chase & Co. upped 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. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, COPT Defense Properties currently has an average rating of “Moderate Buy” and a consensus target price of $35.38.

COPT Defense Properties Stock Up 1.5%

The company has a current ratio of 2.85, a quick ratio of 2.85 and a debt-to-equity ratio of 1.63. The firm’s 50 day simple moving average is $34.57 and its two-hundred day simple moving average is $32.49. The firm has a market cap of $4.32 billion, a price-to-earnings ratio of 27.58 and a beta of 0.76.

COPT Defense Properties (NYSE:CDP) last announced its earnings results on Monday, April 27th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.34). COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.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 company earned $0.65 EPS. The business’s revenue for the quarter 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. On average, equities analysts forecast that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Tuesday, June 30th. 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 firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total transaction of $126,994.36. Following the transaction, the director owned 3,803 shares in the company, valued at $123,141.14. This trade represents a 50.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.66% of the stock is currently owned by company insiders.

Institutional Trading of COPT Defense Properties

Several large investors have recently modified their holdings of CDP. Los Angeles Capital Management LLC bought a new position in shares of COPT Defense Properties in the fourth quarter worth $27,000. EverSource Wealth Advisors LLC lifted 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 purchasing an additional 1,553 shares during the period. Optima Capital LLC acquired a new stake in COPT Defense Properties during the fourth quarter worth about $63,000. GAMMA Investing LLC grew its stake in COPT Defense Properties by 20.9% during the second quarter. GAMMA Investing LLC now owns 2,880 shares of the company’s stock worth $105,000 after buying an additional 498 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in COPT Defense Properties by 283.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock valued at $88,000 after buying an additional 2,346 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.