COPT Defense Properties

CDP • REIT - Office

$35.16

— 0.00 (0.00%)

EarningsLatest report: Jun 30, 2026

FAVORABLE PROFILEAttractiveConfidence: 70%

Quantitative profile — not an investment recommendation.

Quantitative profile — not an investment recommendation.Methodology

Analysis thesis: Strong business quality with supportive growth and cash-flow evidence. Valuation still matters, but the historical ratio profile is favorable.

Market Cap

$3.99B

Growth

12.1%

Cash Flow

5/5

Trend

Stable

Evidence

Stable or improving margins · 19.9%Positive free cash flow · 2.25Consistent free cash flow · 5/5Reasonable earnings multiple · 20.54Healthy liquidity · 1.64

Financial data as of: Jun 30, 2026, 12:00 AM UTCLast earnings update: Jun 30, 2026, 12:00 AM UTCLast profile update: Aug 5, 2026, 2:27 PM UTC

Company Snapshot

Key valuation, quality, financial strength, momentum and analyst data.

Price$35.16

Change0.00%

Shares Out113.58M

Market Cap$3.99B

Enterprise Value$6.61B

52W Range27.06 - 38.90

Beta0.79

P/E24.34

P/S5.09

P/B2.61

P/FCF11.59

EV/Sales8.43

Price$35.16

Change0.00%

Shares Out113.58M

Market Cap$3.99B

Enterprise Value$6.61B

52W Range27.06 - 38.90

Beta0.79

P/E24.34

P/S5.09

P/B2.61

P/FCF11.59

EV/Sales8.43

EV/EBITDA15.74

EV/FCF19.19

Earnings Yield4.11%

FCF Yield8.63%

Dividend Yield2.61%

Gross Margin15.43%

Oper. Margin30.16%

Profit Margin19.94%

Debt/Eq1.86

Current Ratio1.64

Quick Ratio1.64

Revenue 5Y12.07%

Target$40.33

Target Upside14.70%

Target Median$41.00

Target Range38.00 - 42.00

Volume713.11K

Avg Volume1.03M

EPS Surprise0.36

Investment DNA

How strong this company looks for long-term investors

out of 100

Business Quality

Margins, moat, returns

90/100

Financial Strength

Debt, cash, stability

58/100

Growth Potential

Revenue and expansion

57/100

Price Attractiveness

Cheap or expensive today

75/100

Why this score▼

Stable or improving margins · 19.9%Positive free cash flow · 2.25Consistent free cash flow · 5/5Reasonable earnings multiple · 20.54Healthy liquidity · 1.64

Analyst view

Analyst sentiment and price target

CDP

Analyst sentiment

Based on 21 analyst votes · 2026-09-05

79/100

Bullish

Hold

Bearish

Price Target

2026-08-05

Low

$34.00

Mean

$37.67

Median

$37.00

High

$42.00

Company Overview

IPO: 12/31/1991

Industry: REIT - Office

P/B i: 2.61

Debt / Equity i: 1.86

Operating Margin: 30.16%

Net Margin: 19.94%

ROE i: -

ROIC: -

Financial Health

Score12 / 20

Debt / Equity: 1.86

Current Ratio: 1.64

Quick Ratio: 1.64

Status: Good

Insider Transactions

Recent executive and insider activity

DENTON ROBERT L

Transaction: 07/29/2026

SELL

Change

Price

$37.63

Filing

07/30/2026

Type

SELL

DENTON ROBERT L

Transaction: 06/26/2026

SELL

Change

Price

$34.17

Filing

06/26/2026

Type

SELL

PICKETT C TAYLOR

Transaction: 05/29/2026

SELL

Change

-31,798

Price

$32.25

Filing

06/02/2026

Type

SELL

Insider	Type	Change	Price	Transaction	Filing
DENTON ROBERT L	SELL	0	$37.63	07/29/2026	07/30/2026
DENTON ROBERT L	SELL	0	$34.17	06/26/2026	06/26/2026
PICKETT C TAYLOR	SELL	-31,798	$32.25	05/29/2026	06/02/2026
DENTON ROBERT L	SELL	-3,922	$32.38	05/26/2026	05/28/2026
HAWKINS PHILIP L	BUY	+7,448	Not reported	05/14/2026	05/18/2026
DENTON ROBERT L	BUY	+3,803	Not reported	05/14/2026	05/18/2026
PICKETT C TAYLOR	BUY	+7,511	Not reported	05/14/2026	05/18/2026
Owens Raymond Lee	BUY	+3,803	Not reported	05/14/2026	05/18/2026
Long Letitia A	BUY	+3,803	Not reported	05/14/2026	05/18/2026
Trimberger Lisa G	BUY	+3,803	Not reported	05/14/2026	05/18/2026
Miller Essye B.	BUY	+3,803	Not reported	05/14/2026	05/18/2026
DENTON ROBERT L	SELL	0	$31.34	05/13/2026	05/14/2026
DENTON ROBERT L	SELL	0	$32.22	04/29/2026	04/30/2026
DENTON ROBERT L	SELL	-2,000	$32.02	03/03/2026	03/04/2026
Myers Matthew T	SELL	-300	$31.78	03/01/2026	03/03/2026
Mifsud Anthony	BUY	+8,149	Not reported	03/01/2026	03/03/2026
Mifsud Anthony	BUY	+8,149	Not reported	03/01/2026	03/03/2026
Snider Britt A.	BUY	+11,203	Not reported	03/01/2026	03/03/2026
Snider Britt A.	BUY	+3,734	Not reported	03/01/2026	03/03/2026
BUDORICK STEPHEN E	BUY	+61,114	Not reported	03/01/2026	03/03/2026

About the Company

COPT Defense Properties

COPT is a Real Estate Investment Trust (REIT) that focuses on the ownership, management, leasing, development, and strategic acquisition of office and data center assets. The majority of its portfolio is dedicated to serving the United States Government and its contractors, particularly those engaged in national security, defense, and information technology (IT) operations, which the company identifies as growing, resilient, and high-priority missions. Furthermore, COPT maintains a collection of Class-A office properties located in select urban submarkets across the greater Washington, DC/Baltimore metropolitan area, distinguished by strong market characteristics. As of June 30, 2023, 90% of COPT's core portfolio's annual rental income originated from its Defense/IT locations, while the remaining 10% came from its Regional Office properties. On the same date, COPT's core portfolio, including 24 properties held via unconsolidated joint ventures, comprised 192 properties spanning 22.9 million square feet and maintained a 95% occupancy rate.

Source - link

Peers

ABR BXMT GRP-UN HIW OUT PSA RYN VNO

Size reflects market cap · color matches the chart line

1Y peer performance

Top performers + selected company

Latest news

COPT Defense Properties: Mission-Critical Growth At A Reasonable Price

COPT Defense Properties (CDP) remains a solid 'Buy' for value and income investors, supported by mission-critical Defense/IT assets and robust tenant retention. CDP delivered 24 consecutive quarters of YoY FFO/share growth, with Q2 2026 FFO/share up 4.4% and same-property cash NOI rising 7.4%. Redstone Gateway development is a primary growth engine, nearly fully leased, and benefits from long-term U.S. defense spending tailwinds.

Seeking Alpha

COPT Defense Declares Third Quarter 2026 Common Dividend

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.32 per common share for the third quarter ending September 30, 2026. The third quarter 2026 dividend represents an annualized amount of $1.28 per share and is payable on October 15, 2026, to shareholders of record on September 30, 2026. In addition, the Company announced the publishing of its twelfth annual C.

Business Wire

COPT Defense Properties (NYSE:CDP) vs. Empire State Realty Trust (NYSE:ESRT) Head to Head Comparison

Empire State Realty Trust (NYSE: ESRT - Get Free Report) and COPT Defense Properties (NYSE: CDP - Get Free Report) are both real estate companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, risk, earnings, valuation and institutional ownership. Institutional and Insider Ownership

Defense World

Why COPT Defense (CDP) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does COPT Defense (CDP) have what it takes?

Zacks Investment Research

Edgestream Partners L.P. Invests $1.83 Million in COPT Defense Properties $CDP

Edgestream Partners L.P. bought a new stake in COPT Defense Properties (NYSE: CDP) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 59,826 shares of the company's stock, valued at approximately $1,831,000. Edgestream Partners L.P. owned approximately 0.05% of

Defense World

Earnings Surprises

Period	Estimate	Actual	Surprise
2026-04-27	0.3307	0.69	0.3593
2026-02-05	0.33	0.7	0.37
2025-10-30	0.68	0.69	0.01
2025-07-28	0.67	0.68	0.01
2025-04-28	0.65	0.65	0
2025-02-06	0.32	0.65	0.33
2024-10-28	0.64	0.65	0.01
2024-07-29	0.64	0.64	0
2024-04-25	0.6	0.62	0.02
2024-02-08	0.61	0.62	0.01
2023-10-26	0.6	0.6	0
2023-07-28	0.27	0.27	0