COPT Defense Properties Gestion
Gestion contrôle des critères 4/4
Le PDG COPT Defense Properties est Steve Budorick, nommé en May2016, a un mandat de 10.17 ans. La rémunération annuelle totale est $ 7.58M, composée du salaire de 10.5% et des bonus 89.5%, y compris les actions et options de la société. détient directement 0.14% des actions de la société, d'une valeur de $ 5.98M. La durée moyenne de mandat de l'équipe de direction et du conseil d'administration est respectivement 10.8 ans et 9.5 ans.
Informations clés
Steve Budorick
Directeur général
US$7.6m
Rémunération totale
| Pourcentage du salaire du PDG | 10.54% |
| Durée du mandat du directeur général | 10.2yrs |
| Propriété du PDG | 0.1% |
| Durée moyenne d'occupation des postes de direction | 10.8yrs |
| Durée moyenne du mandat des membres du conseil d'administration | 9.5yrs |
Mises à jour récentes de la gestion
Recent updates
Mise à jour du récit • Jun 16
CDP: 2026 Leasing And Guidance Strength Will Support Fairly Valued Shares
The analyst fair value estimate for COPT Defense Properties has been adjusted from $35.63 to $36.00, reflecting recent price target increases to $34 from multiple firms and analyst views on its financial leverage, FFO PEG ratios, and premium pricing to net asset value. Analyst Commentary Recent Street research on COPT Defense Properties points to gradual, measured adjustments in expectations rather than sweeping calls, with several firms now aligning around a US$34 price target.Seeking Alpha • Jun 06
COPT Defense Properties: Unique Property Niche Makes Shares A Gem
Summary COPT Defense Properties remains a 'buy' due to its unique defense-focused portfolio, stable government demand, and strong tenant retention. CDP's 4% dividend is highly secure, with a 46% FFO payout ratio and ample retained cash flow to fund organic growth and development projects. Recent financials show 6% FFO growth, 95.6% defense portfolio occupancy, and 5.4% same-property NOI growth, underscoring operational strength. I expect 3-4% long-term revenue growth, 4-5% FFO growth, and a 10-11% total return, driven by differentiated assets and stable cash flows. Read the full article on Seeking AlphaMise à jour du récit • Jun 02
CDP: 2026 Leasing Strength And Guidance Will Support Undervalued Shares
Analysts have nudged their fair value estimate for COPT Defense Properties slightly higher, with the target moving from $35.38 to $35.63, citing recent upward revisions to Street price targets from firms that have raised their views by about $1 per share. Analyst Commentary Recent research updates around COPT Defense Properties have been measured rather than aggressive, with price targets moving higher by about $1 per share and one major firm, JPMorgan, now setting a target of $34.Mise à jour du récit • Apr 23
CDP: 2026 Lease Retention And Dividend Path Will Guide Fairly Valued Shares
Analysts have revised the COPT Defense Properties price target slightly lower, from about $35.50 to roughly $35.38, reflecting updated views on lease retention risk and modestly revised assumptions for the discount rate, profit margin, and forward P/E. Analyst Commentary Recent Street research on COPT Defense Properties points to a mixed setup, with some analysts slightly more constructive on valuation and others focused on execution risk around future lease rollovers.Mise à jour du récit • Apr 08
CDP: 2026 Lease Retention And Dividend Outlook Will Shape Potential Upside
Analysts raised their price target on COPT Defense Properties by $2 to $33, citing recent Street research that emphasizes the importance of considering 2026 lease expirations when assessing the REIT. Analyst Commentary Recent Street research around the new US$33 price target focuses heavily on how COPT Defense Properties handles 2026 lease expirations and what that could mean for valuation and execution over the next few years.Mise à jour du récit • Mar 24
CDP: 2026 Lease Retention And Rising Dividend Are Expected To Drive Upside
Analysts have nudged their price targets for COPT Defense Properties higher, with recent moves to $33 and above grounded in expectations that management can effectively address 2026 lease expirations and maintain occupancy. Analyst Commentary Recent research notes on COPT Defense Properties focus heavily on how 2026 lease expirations and tenant retention could influence valuation over the next couple of years.Mise à jour du récit • Mar 09
CDP: Lease Retention And Dividend Growth Will Shape Balanced Future Returns
The analyst price target for COPT Defense Properties has been nudged higher by $0.38 to $35.50, as analysts factor in updated assumptions around revenue growth, profit margins, discount rate and future P/E, following recent Street research price target increases from firms such as Truist, Citi and Cantor Fitzgerald. Analyst Commentary Recent Street research has centered on how lease retention, revenue growth assumptions and valuation inputs may shape the outlook for COPT Defense Properties, with several firms adjusting their price targets in response.Mise à jour du récit • Feb 23
CDP: Defense Leasing And Dividend Increases Will Support Balanced Future Returns
Analysts have raised their price target on COPT Defense Properties by $1.75 to $35.13, citing updated assumptions for slightly higher revenue growth and a modestly lower discount rate, partly offset by adjusted profit margin and P/E expectations. Analyst Commentary Recent research has generally taken a constructive view on COPT Defense Properties, with multiple price target increases clustered around the low to mid US$30s.Mise à jour du récit • Feb 08
CDP: Defense Leasing Pipeline And Stable REIT Conditions Will Support Premium Multiple
Analysts have nudged their fair value estimate for COPT Defense Properties up slightly to $33.38 from $33.25, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E, alongside recent Street research citing generally healthy REIT operating conditions. Analyst Commentary Recent Street research reflects a generally constructive tone on COPT Defense Properties, with the fair value adjustment and updated price targets grounded in current REIT operating conditions and the latest earnings season readthroughs.Mise à jour du récit • Dec 25
CDP: AI Gateway Office Demand Will Support Premium Multiple At 33
Analysts have modestly lifted their price target on COPT Defense Properties to $33.00, citing resilient REIT sector fundamentals, slightly faster projected revenue growth, marginally better profit margins, and supportive demand trends tied to artificial intelligence driven office markets. Analyst Commentary Recent research updates reflect a broadly constructive stance on COPT Defense Properties, with price targets nudged higher alongside reaffirmed positive ratings.Mise à jour du récit • Dec 11
CDP: Future AI Office Demand Will Support Premium Multiple At Raised 33 Price Level
Analysts have lifted their price target on COPT Defense Properties to $33.00 from a prior range of $30.00 to $32.00, citing resilient REIT operating trends and growing enthusiasm for AI driven demand in key office markets as support for maintaining a premium valuation multiple. Analyst Commentary Recent Street research on COPT Defense Properties reflects a generally constructive view on the company’s fundamentals and outlook, with multiple firms aligning around a $33 price target while differing somewhat on risk and execution assumptions.Mise à jour du récit • Nov 27
CDP: Future Demand Will Reflect Stable Operations and Exposure to AI Sectors
Analysts have increased their price target for COPT Defense Properties from $32.57 to $33.25, citing stable operating conditions and favorable exposure to growth sectors such as artificial intelligence and prime office markets. Analyst Commentary Recent analyst updates reflect both confidence in COPT Defense Properties' positioning and a measured view of its near-term challenges.Mise à jour du récit • Sep 18
Rising US Defense Spending Will Expand Mission Critical Lease Demand
A modest uptick in both the analyst price target and discount rate for COPT Defense Properties—despite an essentially unchanged future P/E—suggests a slightly more optimistic outlook with increased required returns, raising the fair value estimate to $32.57. What's in the News Raised full-year 2025 diluted EPS guidance to $1.30–$1.34 from $1.28–$1.34.
Nouveau récit • Mar 18
Expected Defense Budget Increase Will Spur Demand For SCIF Leases
Increased defense spending and demand for specialized spaces could drive revenue growth through higher occupancy and new leases.Seeking Alpha • Feb 13
COPT Defense: High Rates And DOGE Uncertainty Limit Upside
Summary COPT Defense Properties offers a unique defense real estate portfolio with high occupancy and a 4.2% dividend yield but faces growth headwinds from rising interest rates. CDP's specialized properties near key government facilities have strong demand, but uncertainties in defense spending and higher refinancing costs could limit future growth. It is unclear how much DOGE will seek to cut defense department headcount and spending, though Senate Republicans will likely limit cuts. Given current valuation and potential headwinds, CDP is a "hold"; I recommend waiting for shares to approach 10x FFO before buying. Read the full article on Seeking AlphaSeeking Alpha • Oct 23
COPT Defense Properties Is Just Getting Started
Summary COPT Defense Properties offers stable cash flow and growth potential due to its focus on specialized Defense/IT properties leased to U.S. government agencies and contractors. CDP has shown strong operating performance with robust same-property NOI growth and has robust guidance, supported by a well-occupied portfolio and solid balance sheet. Despite significant stock appreciation, CDP still offers value at a forward P/FFO of 12.6, with further upside potential from high tenant demand and development projects. Read the full article on Seeking AlphaSeeking Alpha • Jun 22
COPT Defense Properties: Not Your Average Office REIT
Summary COPT Defense Properties is a resilient office REIT with a focus on defense and IT tenants, leading to stable cash flows and high retention rates. The company benefits from long-term growth in defense spending, with a track record of meeting or exceeding guidance and a strong development pipeline. COPT trades at a premium to peers due to its high-quality tenants, steady growth, and lower leverage, making it a 'buy' for investors seeking reliable dividends. Read the full article on Seeking AlphaSeeking Alpha • Apr 10
COPT Defense Properties: Slow And Steady Growth
Summary COPT Defense Properties owns specialized defense properties with high renewal rates and rent roll-ups, positioning the company for 4%-5% growth. The company benefits from the stability of government and defense-related tenants, with reliable rent payments and high renewal rates. COPT funds its developments without issuing equity and has a clean balance sheet, improving its stability and growth potential. Read the full article on Seeking AlphaSeeking Alpha • Jan 30
COPT Defense Properties: A Solid Buy For Its Government Rent Checks
Summary COPT Defense Properties offers good value and income opportunity for long-term investors with its stable cash flow and solid dividend growth potential. CDP's focus on government-leased office properties in the defense sector provides stability in its tenant base. The company's development pipeline and undervaluation offer potential for above-market returns. Read the full article on Seeking AlphaAnalyse de la rémunération des PDG
| Date | Rémunération totale | Salaire | Bénéfices de l'entreprise |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$156m |
| Dec 31 2025 | US$8m | US$799k | US$152m |
| Sep 30 2025 | n/a | n/a | US$150m |
| Jun 30 2025 | n/a | n/a | US$144m |
| Mar 31 2025 | n/a | n/a | US$141m |
| Dec 31 2024 | US$8m | US$785k | US$138m |
| Sep 30 2024 | n/a | n/a | US$137m |
| Jun 30 2024 | n/a | n/a | -US$116m |
| Mar 31 2024 | n/a | n/a | -US$121m |
| Dec 31 2023 | US$6m | US$775k | -US$75m |
| Sep 30 2023 | n/a | n/a | -US$58m |
| Jun 30 2023 | n/a | n/a | US$190m |
| Mar 31 2023 | n/a | n/a | US$192m |
| Dec 31 2022 | US$6m | US$774k | US$143m |
| Sep 30 2022 | n/a | n/a | US$105m |
| Jun 30 2022 | n/a | n/a | US$101m |
| Mar 31 2022 | n/a | n/a | US$110m |
| Dec 31 2021 | US$6m | US$750k | US$73m |
| Sep 30 2021 | n/a | n/a | US$140m |
| Jun 30 2021 | n/a | n/a | US$81m |
| Mar 31 2021 | n/a | n/a | US$63m |
| Dec 31 2020 | US$5m | US$752k | US$95m |
| Sep 30 2020 | n/a | n/a | US$58m |
| Jun 30 2020 | n/a | n/a | US$111m |
| Mar 31 2020 | n/a | n/a | US$194m |
| Dec 31 2019 | US$4m | US$698k | US$186m |
Rémunération vs marché: La rémunération totale de Steve ($USD 7.58M ) est dans la moyenne des entreprises de taille similaire sur le marché US ($USD 6.92M ).
Rémunération et revenus: La rémunération de Steve a été cohérente avec les performances de l'entreprise au cours de l'année écoulée.
PDG
Steve Budorick (66 yo)
10.2yrs
Titularisation
US$7,582,340
Compensation
Mr. Stephen E. Budorick, also known as Steve, has been the Chief Executive Officer, President and Director of COPT Defense Properties (formerly known as Corporate Office Properties Trust) since May 12, 201...
Équipe de direction
| Nom | Position | Titularisation | Compensation | Propriété |
|---|---|---|---|---|
| President | 10.2yrs | US$7.58m | 0.14% $ 6.0m | |
| Executive VP & CFO | 11.4yrs | US$3.04m | 0.060% $ 2.6m | |
| Executive VP & COO | 2.6yrs | US$2.57m | 0.013% $ 551.6k | |
| Senior VP | 3.4yrs | pas de données | 0.0097% $ 427.5k | |
| Vice President of Investor Relations | no data | pas de données | pas de données | |
| VP, General Counsel & Secretary | 15.5yrs | pas de données | pas de données | |
| Director of Human Resources | no data | pas de données | pas de données | |
| Senior Vice President of Development & Construction | no data | pas de données | pas de données | |
| Senior Vice President of New Business & Development Government Services | 20.4yrs | pas de données | pas de données | |
| Managing SVP of Asset Management & Chief Business Officer | no data | pas de données | pas de données | |
| Senior Manager of Investor Relations | no data | pas de données | pas de données |
10.8yrs
Durée moyenne de l'emploi
55.5yo
Âge moyen
Gestion expérimentée: L'équipe dirigeante de CDP est chevronnée et expérimentée (10.8 années d'ancienneté moyenne).
Membres du conseil d'administration
| Nom | Position | Titularisation | Compensation | Propriété |
|---|---|---|---|---|
| President | 10.2yrs | US$7.58m | 0.14% $ 6.0m | |
| Independent Trustee | 12.7yrs | US$217.54k | 0.036% $ 1.6m | |
| Independent Trustee | 12.5yrs | US$215.48k | 0.013% $ 590.2k | |
| Independent Chairman of the Board | 27.2yrs | US$283.74k | 0.0034% $ 147.8k | |
| Independent Trustee | 5.3yrs | US$199.74k | 0.00080% $ 35.1k | |
| Independent Trustee | 5.8yrs | US$218.74k | 0.0024% $ 105.2k | |
| Independent Trustee | 8.8yrs | US$221.24k | 0.021% $ 935.7k | |
| Independent Trustee | 3.8yrs | US$203.74k | 0.010% $ 456.5k |
9.5yrs
Durée moyenne de l'emploi
66.5yo
Âge moyen
Conseil d'administration expérimenté: Les membres du conseil d'administration de CDP sont considérés comme expérimentés (ancienneté moyenne 9.5 ans).
Analyse de l'entreprise et données financières
| Données | Dernière mise à jour (heure UTC) |
|---|---|
| Analyse de l'entreprise | 2026/07/27 22:07 |
| Cours de l'action en fin de journée | 2026/07/27 00:00 |
| Les revenus | 2026/03/31 |
| Revenus annuels | 2025/12/31 |
Sources de données
Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.
| Paquet | Données | Cadre temporel | Exemple de source américaine * |
|---|---|---|---|
| Finances de l'entreprise | 10 ans |
| |
| Estimations consensuelles des analystes | +3 ans |
|
|
| Prix du marché | 30 ans |
| |
| Propriété | 10 ans |
| |
| Gestion | 10 ans |
| |
| Principaux développements | 10 ans |
|
* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.
Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.
Modèle d'analyse et flocon de neige
Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github ; nous proposons également des guides sur la façon d’utiliser nos rapports et des tutoriels sur YouTube.
Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.
Indicateurs de l'industrie et du secteur
Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.
Sources des analystes
COPT Defense Properties est couverte par 25 analystes. 4 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.
| Analyste | Institution |
|---|---|
| David Rodgers | Baird |
| Jing Xian Tan Bonnel | BofA Global Research |
| William Catherwood | BTIG |