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

COPT Defense Properties (NYSE:CDP) has been given a consensus recommendation of “Moderate Buy” by the eight research firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $33.5714.

Several equities analysts have commented on CDP shares. Evercore ISI lowered their price target on COPT Defense Properties from $36.00 to $35.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Cantor Fitzgerald began coverage on shares of COPT Defense Properties in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $35.00 target price on the stock. JPMorgan Chase & Co. boosted their target price on shares of COPT Defense Properties from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of COPT Defense Properties in a research report on Wednesday.

Insider Activity

In other news, Director Lisa G. Trimberger sold 4,896 shares of the business’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $30.72, for a total transaction of $150,405.12. Following the transaction, the director owned 20,287 shares in the company, valued at approximately $623,216.64. The trade was a 19.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On COPT Defense Properties

Large investors have recently added to or reduced their stakes in the company. Nissay Asset Management Corp Japan ADV grew its holdings in shares of COPT Defense Properties by 2.4% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 16,997 shares of the company’s stock worth $464,000 after purchasing an additional 397 shares in the last quarter. California State Teachers Retirement System lifted its position in COPT Defense Properties by 0.4% in the second quarter. California State Teachers Retirement System now owns 104,190 shares of the company’s stock worth $2,874,000 after purchasing an additional 457 shares during the period. GAMMA Investing LLC boosted its stake in COPT Defense Properties by 31.2% during the third quarter. GAMMA Investing LLC now owns 1,973 shares of the company’s stock worth $57,000 after buying an additional 469 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in COPT Defense Properties by 4.8% in the 2nd quarter. Arkadios Wealth Advisors now owns 12,132 shares of the company’s stock valued at $335,000 after buying an additional 557 shares during the period. Finally, Exchange Traded Concepts LLC raised its stake in shares of COPT Defense Properties by 2.0% in the 2nd quarter. Exchange Traded Concepts LLC now owns 30,266 shares of the company’s stock valued at $835,000 after buying an additional 580 shares in the last quarter.

COPT Defense Properties Price Performance

NYSE CDP opened at $27.65 on Friday. COPT Defense Properties has a fifty-two week low of $23.92 and a fifty-two week high of $34.22. The stock’s 50-day moving average is $29.05 and its two-hundred day moving average is $27.90. The firm has a market cap of $3.12 billion, a P/E ratio of 21.60 and a beta of 0.94. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.96 and a quick ratio of 2.96.

COPT Defense Properties (NYSE:CDP) last issued its quarterly earnings data on Monday, July 28th. The company reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. COPT Defense Properties had a return on equity of 9.38% and a net margin of 19.23%.The business had revenue of $175.60 million for the quarter, compared to analyst estimates of $186.55 million. During the same quarter in the prior year, the firm posted $0.64 EPS. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. On average, analysts anticipate that COPT Defense Properties will post 2.67 earnings per share for the current fiscal year.

COPT Defense Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be issued a $0.305 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.22 dividend on an annualized basis and a yield of 4.4%. COPT Defense Properties’s dividend payout ratio is 95.31%.

About COPT Defense Properties

COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.