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

Shares of COPT Defense Properties (NYSE:CDP) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $35.3750.

CDP has been the topic of several recent analyst reports. Weiss Ratings raised COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Evercore reissued an “outperform” rating and set a $41.00 price objective on shares of COPT Defense Properties in a report on Monday, July 6th. 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 research report on Friday, May 15th. Truist Financial raised their target price on shares of COPT Defense Properties from $33.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, June 8th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $37.00 target price on shares of COPT Defense Properties in a research report on Thursday, June 25th.

Insider Activity

In other news, Director Robert L. Denton sold 3,922 shares of COPT Defense Properties stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $32.38, for a total transaction of $126,994.36. Following the completion of the sale, the director directly owned 3,803 shares of the company’s stock, valued at approximately $123,141.14. The trade was a 50.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.66% of the company’s stock.

Hedge Funds Weigh In On COPT Defense Properties

A number of hedge funds and other institutional investors have recently modified their holdings of CDP. Easterly Investment Partners LLC increased its position in COPT Defense Properties by 154.2% during the fourth quarter. Easterly Investment Partners LLC now owns 299,934 shares of the company’s stock valued at $8,338,000 after acquiring an additional 181,935 shares during the last quarter. UBS Group AG boosted its position in COPT Defense Properties by 229.6% in the fourth quarter. UBS Group AG now owns 457,210 shares of the company’s stock worth $12,710,000 after purchasing an additional 318,493 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in COPT Defense Properties in the first quarter worth about $1,004,000. Tudor Investment Corp ET AL grew its stake in shares of COPT Defense Properties by 110.4% during the 3rd quarter. Tudor Investment Corp ET AL now owns 190,999 shares of the company’s stock valued at $5,550,000 after purchasing an additional 100,224 shares during the period. Finally, Hsbc Holdings PLC grew its stake in shares of COPT Defense Properties by 25.2% during the 4th quarter. Hsbc Holdings PLC now owns 196,540 shares of the company’s stock valued at $5,466,000 after purchasing an additional 39,524 shares during the period.

COPT Defense Properties Price Performance

Shares of NYSE:CDP opened at $37.58 on Tuesday. The company has a 50 day moving average of $34.11 and a 200 day moving average of $32.20. 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 stock has a market cap of $4.26 billion, a P/E ratio of 27.23 and a beta of 0.76. COPT Defense Properties has a 12 month low of $26.91 and a 12 month high of $38.06.

COPT Defense Properties (NYSE:CDP) last posted its earnings results on Monday, April 27th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $200.64 million during the quarter, compared to analysts’ expectations of $185.10 million. During the same quarter in the prior year, the company earned $0.65 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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, sell-side analysts forecast that COPT Defense Properties will post 2.78 EPS for the current fiscal year.

COPT Defense Properties Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 3.4%. COPT Defense Properties’s dividend payout ratio (DPR) is 92.75%.

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.