Brokerages Set COPT Defense Properties (NYSE:CDP) Target Price at $36.25

Shares of COPT Defense Properties (NYSE:CDP) have received an average rating of “Moderate Buy” from the eight brokerages that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $36.25.

CDP has been the subject of several analyst reports. Citigroup increased their price target on shares of COPT Defense Properties from $34.00 to $40.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Evercore reiterated an “outperform” rating and set a $42.00 price objective on shares of COPT Defense Properties in a research note on Monday, July 27th. Cantor Fitzgerald restated an “overweight” rating and issued a $37.00 target price on shares of COPT Defense Properties in a research note on Thursday, June 25th. Wells Fargo & Company upped their price target on COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of COPT Defense Properties in a report on Friday, July 17th.

COPT Defense Properties Stock Down 1.8%

NYSE:CDP opened at $36.46 on Friday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.89 and a current ratio of 2.89. The firm has a market cap of $4.13 billion, a P/E ratio of 25.32 and a beta of 0.76. COPT Defense Properties has a fifty-two week low of $27.06 and a fifty-two week high of $38.90. The firm has a 50-day simple moving average of $35.93 and a two-hundred day simple moving average of $33.18.

COPT Defense Properties (NYSE:CDP) last issued its quarterly earnings data on Monday, July 27th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.07. COPT Defense Properties had a net margin of 20.94% and a return on equity of 10.48%. The firm had revenue of $197.39 million for the quarter, compared to analysts’ expectations of $189.36 million. During the same quarter in the prior year, the business earned $0.34 EPS. COPT Defense Properties has set its FY 2026 guidance at 1.390-1.430 EPS and its Q3 2026 guidance at 0.370-0.390 EPS. Analysts predict that COPT Defense Properties will post 2.78 earnings per share for the current fiscal year.

COPT Defense Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Tuesday, June 30th. COPT Defense Properties’s dividend payout ratio (DPR) is currently 88.89%.

Insider Transactions at COPT Defense Properties

In other COPT Defense Properties news, Director Robert L. Denton sold 3,922 shares of COPT Defense Properties stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total value of $126,994.36. Following the sale, the director owned 3,803 shares in the company, valued at $123,141.14. The trade was a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.66% of the stock is currently owned by company insiders.

Institutional Trading of COPT Defense Properties

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Los Angeles Capital Management LLC acquired a new position in COPT Defense Properties in the fourth quarter valued at about $27,000. EverSource Wealth Advisors LLC raised its stake in shares of COPT Defense Properties by 1,176.5% in the 2nd 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 purchased a new stake in shares of COPT Defense Properties in the 4th quarter valued at approximately $63,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of COPT Defense Properties by 283.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock worth $88,000 after acquiring an additional 2,346 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of COPT Defense Properties by 59.6% in the 2nd quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock worth $88,000 after acquiring an additional 1,192 shares during the last quarter.

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.