COPT Defense Properties (NYSE:CDP) Price Target Raised to $34.00 at Jefferies Financial Group

COPT Defense Properties (NYSE:CDP) had its price target boosted by research analysts at Jefferies Financial Group from $33.00 to $34.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 12.25% from the company’s current price.

A number of other equities analysts also recently weighed in on CDP. Evercore ISI lowered their target price on shares of COPT Defense Properties from $35.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of COPT Defense Properties in a research report on Wednesday, January 21st. New Street Research set a $33.00 target price on COPT Defense Properties in a research report on Monday, October 13th. Truist Financial raised their target price on COPT Defense Properties from $30.00 to $31.00 and gave the stock a “hold” rating in a research note on Monday, December 15th. Finally, Cantor Fitzgerald set a $33.00 price target on COPT Defense Properties in a research note on Monday, January 5th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $33.00.

COPT Defense Properties Trading Down 0.3%

Shares of CDP stock traded down $0.08 on Tuesday, hitting $30.29. The company had a trading volume of 455,614 shares, compared to its average volume of 1,181,031. COPT Defense Properties has a twelve month low of $23.92 and a twelve month high of $31.24. The company has a debt-to-equity ratio of 1.57, a quick ratio of 2.34 and a current ratio of 2.34. The firm has a market cap of $3.43 billion, a P/E ratio of 22.78 and a beta of 0.86. The stock’s 50-day moving average is $29.41 and its two-hundred day moving average is $28.92.

COPT Defense Properties (NYSE:CDP) last announced its earnings results on Thursday, October 30th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.68 by $0.01. COPT Defense Properties had a return on equity of 9.71% and a net margin of 19.99%.The business had revenue of $188.80 million for the quarter, compared to analysts’ expectations of $187.63 million. During the same period in the prior year, the business posted $0.65 earnings per share. The firm’s revenue was down .2% on a year-over-year basis. COPT Defense Properties has set its FY 2025 guidance at 2.690-2.710 EPS and its Q4 2025 guidance at 0.670-0.690 EPS. On average, equities research analysts anticipate that COPT Defense Properties will post 2.67 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Financial Consulate Inc. bought a new stake in shares of COPT Defense Properties during the third quarter worth about $39,000. GAMMA Investing LLC increased its holdings in COPT Defense Properties by 59.5% during the 2nd quarter. GAMMA Investing LLC now owns 1,504 shares of the company’s stock worth $41,000 after purchasing an additional 561 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in COPT Defense Properties by 1,176.5% during the 2nd 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 in the last quarter. Optima Capital LLC purchased a new stake in shares of COPT Defense Properties in the fourth quarter worth approximately $63,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of 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 purchasing an additional 1,192 shares in the last quarter.

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.