COPT Defense Properties (NYSE:CDP) Releases Q3 2026 Earnings Guidance

COPT Defense Properties (NYSE:CDP) updated its third quarter 2026 earnings guidance on Monday. The company provided earnings per share guidance of 0.370-0.390 for the period, compared to the consensus estimate of 0.690. The company issued revenue guidance of -. COPT Defense Properties also updated its FY 2026 guidance to 1.390-1.430 EPS.

COPT Defense Properties Stock Performance

Shares of COPT Defense Properties stock opened at $38.16 on Wednesday. The company has a quick ratio of 2.85, a current ratio of 2.85 and a debt-to-equity ratio of 1.63. The stock’s fifty day moving average is $34.95 and its two-hundred day moving average is $32.71. COPT Defense Properties has a 52 week low of $26.91 and a 52 week high of $38.86. The company has a market capitalization of $4.33 billion, a PE ratio of 26.50 and a beta of 0.76.

COPT Defense Properties (NYSE:CDP) last issued its earnings results on Monday, July 27th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.07. The firm had revenue of $197.39 million during the quarter, compared to analyst estimates of $189.36 million. COPT Defense Properties had a net margin of 20.94% and a return on equity of 10.52%. During the same period in the previous year, the firm earned $0.34 earnings per share. 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. As a group, analysts expect that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Tuesday, June 30th. COPT Defense Properties’s dividend payout ratio is currently 92.75%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $37.00 price objective on shares of COPT Defense Properties in a research note on Thursday, June 25th. Truist Financial increased their price objective 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. Evercore restated an “outperform” rating and set a $42.00 target price on shares of COPT Defense Properties in a report on Monday. Wells Fargo & Company boosted their target price on shares of COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, JPMorgan Chase & Co. boosted 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 note on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, COPT Defense Properties has a consensus rating of “Moderate Buy” and an average price target of $35.50.

Insider Activity at COPT Defense Properties

In other news, Director Robert L. Denton sold 3,922 shares of the business’s 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 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 hyperlink. Insiders own 1.66% of the company’s stock.

COPT Defense Properties News Summary

Here are the key news stories impacting COPT Defense Properties this week:

• Positive Sentiment: Second-quarter results beat expectations. COPT Defense reported adjusted funds from operations (FFO) of $0.71 per share, up from $0.68 a year earlier and above the $0.68 consensus estimate. Revenue reached $197.4 million, exceeding expectations of approximately $189.4 million, while reported EPS of $0.40 topped the $0.33 estimate. COPT Defense Q2 Results
• Positive Sentiment: Management raised its full-year FFO outlook. The company now targets 2026 FFO of approximately $2.78 per share at the midpoint, supported by better-than-planned first-half performance, leasing activity, occupancy and investment commitments. COPT Defense Raises FFO Guidance
• Positive Sentiment: Defense-related demand remains a key growth driver. The Redstone Gateway development is expanding its demand coverage, while the company’s defense and government-focused portfolio and development pipeline provide visibility into future leasing and cash-flow growth. COPT Defense Q2 Earnings Highlights
• Positive Sentiment: Analyst support improved. BTIG analyst Tom Catherwood initiated coverage with a Buy rating, citing the FFO beat, raised guidance and defense-driven development pipeline as reasons to support a higher valuation. BTIG Initiates Buy Rating
• Neutral Sentiment: Valuation may temper further gains. CDP has increased substantially and is trading close to its 52-week high, with a P/E ratio above 26. Investors may therefore require continued earnings and FFO upgrades to justify additional upside. COPT Defense Beat Expectations and Raised Guidance

Institutional Investors Weigh In On COPT Defense Properties

A number of institutional investors and hedge funds have recently modified their holdings of the company. Los Angeles Capital Management LLC acquired a new position in COPT Defense Properties in the 4th quarter worth approximately $27,000. EverSource Wealth Advisors LLC raised its holdings in shares of COPT Defense Properties by 1,176.5% during the second 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 during the last quarter. Osaic Holdings Inc. boosted its holdings 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 purchasing an additional 1,192 shares during the last quarter. Smartleaf Asset Management LLC grew its position in COPT Defense Properties by 24.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 5,633 shares of the company’s stock worth $159,000 after purchasing an additional 1,120 shares during the period. Finally, Cibc World Markets Corp purchased a new position in shares of COPT Defense Properties during the 4th quarter valued at about $210,000.

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.