COPT Defense Properties (NYSE:CDP) Announces Quarterly Earnings Results

by · The Markets Daily

COPT Defense Properties (NYSE:CDP – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.02, Briefing.com reports. The business had revenue of $197.36 million during the quarter, compared to analysts’ expectations of $188.79 million. COPT Defense Properties had a return on equity of 9.71% and a net margin of 19.99%.The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the firm posted $0.65 EPS. COPT Defense Properties updated its FY 2026 guidance to 2.710-2.790 EPS and its Q1 2026 guidance to 0.670-0.690 EPS.

COPT Defense Properties Price Performance

CDP traded down $0.13 during trading on Friday, hitting $31.87. 563,578 shares of the stock traded hands, compared to its average volume of 1,289,180. The business has a 50 day moving average price of $29.50 and a 200 day moving average price of $29.05. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 23.96 and a beta of 0.86. COPT Defense Properties has a twelve month low of $23.92 and a twelve month high of $32.67. The company has a debt-to-equity ratio of 1.57, a current ratio of 2.34 and a quick ratio of 2.34.

COPT Defense Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Wednesday, December 31st. COPT Defense Properties’s dividend payout ratio (DPR) is 91.73%.

Institutional Trading of COPT Defense Properties

Several institutional investors and hedge funds have recently modified their holdings of CDP. EverSource Wealth Advisors LLC lifted its holdings in shares of COPT Defense Properties by 1,176.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock worth $46,000 after acquiring an additional 1,553 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of COPT Defense Properties by 59.6% during the second quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock worth $88,000 after buying an additional 1,192 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of COPT Defense Properties in the 3rd quarter valued at $212,000. Quadrant Capital Group LLC acquired a new stake in shares of COPT Defense Properties during the 3rd quarter valued at $217,000. Finally, CIBC Bancorp USA Inc. bought a new stake in COPT Defense Properties during the 3rd quarter worth $353,000.

Analysts Set New Price Targets

Several research analysts have weighed in on CDP shares. Evercore ISI reiterated an “outperform” rating on shares of COPT Defense Properties in a research report on Friday. New Street Research set a $33.00 price target on shares of COPT Defense Properties in a research report on Monday, October 13th. Wells Fargo & Company lifted their price objective on shares of COPT Defense Properties from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Weiss Ratings restated a “buy (b-)” rating on shares of COPT Defense Properties in a research report on Wednesday, January 21st. Finally, Truist Financial raised their target price on shares of COPT Defense Properties from $30.00 to $31.00 and gave the stock a “hold” rating in a report on Monday, December 15th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.00.

Read Our Latest Report on CDP

COPT Defense Properties News Roundup

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

  • Positive Sentiment: Q4 results beat expectations — COPT reported $0.70 FFO/earnings per share vs. consensus ~$0.68 and revenue of $197.4M vs. ~$188.8M, with revenue up ~7.6% year‑over‑year. This demonstrates operational momentum and a clean quarter. COPT Defense (CDP) Tops Q4 FFO and Revenue Estimates
  • Positive Sentiment: Company set clear 2026 guidance — COPT established FY‑2026 guidance with diluted EPS of $1.21–$1.29 and Nareit FFOPS of $2.71–$2.79, signaling management expects continued FFO growth next year. Higher FFOPS guidance is especially relevant for REIT valuation. COPT Defense Establishes 2026 Guidance
  • Positive Sentiment: Large new full‑building lease — COPT executed a ~148,000 sq ft, ~11‑year lease with a top‑10 U.S. defense contractor at 400 National Business Parkway, boosting the development pipeline to ~86% leased and supporting future cash flow visibility. COPT Defense Executes Full Building Lease
  • Positive Sentiment: Strong full‑year 2025 results and financing activity — Management highlighted outperformance in FFO, leasing progress and closed financings that prefund development, supporting near‑term growth plans. COPT Defense Reports Strong Full Year 2025 Results
  • Neutral Sentiment: Q1 2026 guidance roughly in line with consensus — The company provided first‑quarter guidance that tracks analyst expectations (Q1 guidance range provided), so the quarter itself is not a surprise to the street. See the guidance release above for details. COPT Defense Establishes 2026 Guidance
  • Negative Sentiment: Stock trimmed gains despite positives — Possible reasons include investor confusion over EPS vs. FFO metrics, profit‑taking after a recent run toward the 52‑week high, lower-than-average trading volume, and balance‑sheet/leverage concerns (debt/equity ~1.57). These factors can mute a positive operational beat and keep the share price under pressure. No article link

About COPT Defense Properties

(Get Free Report)

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.

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