COPT Defense Properties (NYSE:CDP) Receives Consensus Rating of “Moderate Buy” from Analysts

COPT Defense Properties (NYSE:CDP) has been given an average rating of “Moderate Buy” by the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Three 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 brokers that have issued ratings on the stock in the last year is $35.00.

CDP has been the subject of several research analyst reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $37.00 price objective on shares of COPT Defense Properties in a report on Thursday. Weiss Ratings raised COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. boosted 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. Wells Fargo & Company boosted their price objective on COPT Defense Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Finally, Evercore reissued an “outperform” rating and issued a $38.00 price objective on shares of COPT Defense Properties in a report on Tuesday, April 28th.

Insiders Place Their Bets

In related news, Director Robert L. Denton sold 3,922 shares of the business’s stock in a transaction dated 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 directly owned 3,803 shares of the company’s stock, valued at $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 is available through this link. 1.66% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On COPT Defense Properties

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Los Angeles Capital Management LLC acquired a new position in COPT Defense Properties in the fourth quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its stake in COPT Defense Properties by 1,176.5% in the second 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 period. Optima Capital LLC acquired a new position in COPT Defense Properties in the fourth quarter valued at approximately $63,000. Caitong International Asset Management Co. Ltd boosted its stake in COPT Defense Properties by 283.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock valued at $88,000 after acquiring an additional 2,346 shares during the period. Finally, Osaic Holdings Inc. boosted its stake in COPT Defense Properties by 59.6% in the second quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock valued at $88,000 after acquiring an additional 1,192 shares during the period.

COPT Defense Properties Stock Up 0.6%

Shares of NYSE CDP opened at $35.17 on Friday. COPT Defense Properties has a 1 year low of $26.91 and a 1 year high of $35.23. The firm has a market cap of $3.99 billion, a price-to-earnings ratio of 25.48 and a beta of 0.79. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.85 and a current ratio of 2.85. The stock’s 50-day simple moving average is $32.52 and its 200-day simple moving average is $31.31.

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). The business had revenue of $200.64 million for the quarter, compared to analysts’ expectations of $185.10 million. COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.The firm’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 earnings per share. 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, equities 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 disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, June 30th. COPT Defense Properties’s payout ratio is currently 92.75%.

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.