COPT Defense Properties（CDP）株式概要COPTディフェンス・プロパティーズは、S&Pミッドキャップ400の一社であり、米国の主要な防衛施設に近接した、あるいは時にはそれを含む場所での不動産の所有、運営、開発に重点を置く自主管理型REITである。 詳細CDP ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績5/6財務の健全性2/6配当金5/6報酬当社が推定した公正価値より48.6%で取引されている 過去1年間で収益は10.4%増加しました 4.04%の安定した配当金を支払う リスク分析負債は営業キャッシュフローで十分にカバーされていない すべてのリスクチェックを見るCDP Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN11.0% undervaluedAnalystConsensusTarget•1d agoRising US Defense Spending Will Expand Mission Critical Lease Demand7100Top Analyst NarrativesCOPT Defense PropertiesANAnalystConsensusTargetBased on Analyst Price TargetsRising US Defense Spending Will Expand Mission Critical Lease DemandU.S. defense and government tech upgrades are driving steady demand for highly secure office space near key military and intelligence hubs, and COPT Defense sits right in the middle of it. The big question is whether that tailwind can outweigh its heavy reliance on government budgets and a small set of tenants.View narrativeUS$35.63FV11.0% 割安 内在価値ディスカウント3.69%Revenue growth p.a.Set Fair ValueView71users have viewed this narrative0users have liked this narrative0users have commented on this narrative0users have followed this narrativeUpdated narrativeView all narrativesCOPT Defense Properties 競合他社Kilroy RealtySymbol: NYSE:KRCMarket cap: US$4.0bHighwoods PropertiesSymbol: NYSE:HIWMarket cap: US$3.0bVornado Realty TrustSymbol: NYSE:VNOMarket cap: US$6.8bEmpire State Realty TrustSymbol: NYSE:ESRTMarket cap: US$1.6b価格と性能株価の高値、安値、推移の概要COPT Defense Properties過去の株価現在の株価US$31.7252週高値US$33.3352週安値US$26.91ベータ0.821ヶ月の変化2.29%3ヶ月変化-2.76%1年変化15.09%3年間の変化34.46%5年間の変化6.48%IPOからの変化262.51%最新ニュースナラティブの更新 • Jun 02CDP: 2026 Leasing Strength And Guidance Will Support Undervalued SharesAnalysts 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.ライブニュース • Jun 02COPT Defense Properties Increases 2026 Guidance With Strong Leasing and High Tenant RetentionCOPT Defense Properties raised its 2026 guidance after reporting strong first quarter results. The company reported solid leasing activity alongside high tenant retention in its Defense/IT-focused portfolio. Portfolio occupancy and leasing rates remain at the higher end of the sector, supported by prior investments and a conservative balance sheet. The combination of higher 2026 guidance, strong leasing and high retention points to a portfolio that is currently securing demand from Defense and IT tenants while maintaining relatively tight occupancy. Investors may want to focus on how well the company can sustain sector-leading leasing metrics and balance sheet discipline if tenant requirements or government-related spending patterns change.Declared Dividend • May 18First quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.9%, which is lower than the industry average of 5.5%.お知らせ • May 16COPT Defense Properties announces Quarterly dividend, payable on July 15, 2026COPT Defense Properties announced Quarterly dividend of USD 0.3200 per share payable on July 15, 2026, ex-date on June 30, 2026 and record date on June 30, 2026.お知らせ • Apr 29+ 1 more updateCOPT Defense Properties Revises Earnings Guidance for the Full Year Ending December 31, 2026COPT Defense Properties revised earnings guidance for the full year ending December 31, 2026. Management is revising and increasing the midpoint of its full-year guidance for diluted EPS of $1.21-$1.29 to new range of $1.24-$1.30.Reported Earnings • Apr 28First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.34 (up from US$0.31 in 1Q 2025). Revenue: US$200.6m (up 6.6% from 1Q 2025). Net income: US$38.6m (up 12% from 1Q 2025). Profit margin: 19% (in line with 1Q 2025). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.最新情報をもっと見るRecent updatesナラティブの更新 • Jun 02CDP: 2026 Leasing Strength And Guidance Will Support Undervalued SharesAnalysts 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.ライブニュース • Jun 02COPT Defense Properties Increases 2026 Guidance With Strong Leasing and High Tenant RetentionCOPT Defense Properties raised its 2026 guidance after reporting strong first quarter results. The company reported solid leasing activity alongside high tenant retention in its Defense/IT-focused portfolio. Portfolio occupancy and leasing rates remain at the higher end of the sector, supported by prior investments and a conservative balance sheet. The combination of higher 2026 guidance, strong leasing and high retention points to a portfolio that is currently securing demand from Defense and IT tenants while maintaining relatively tight occupancy. Investors may want to focus on how well the company can sustain sector-leading leasing metrics and balance sheet discipline if tenant requirements or government-related spending patterns change.Declared Dividend • May 18First quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.9%, which is lower than the industry average of 5.5%.お知らせ • May 16COPT Defense Properties announces Quarterly dividend, payable on July 15, 2026COPT Defense Properties announced Quarterly dividend of USD 0.3200 per share payable on July 15, 2026, ex-date on June 30, 2026 and record date on June 30, 2026.お知らせ • Apr 29+ 1 more updateCOPT Defense Properties Revises Earnings Guidance for the Full Year Ending December 31, 2026COPT Defense Properties revised earnings guidance for the full year ending December 31, 2026. Management is revising and increasing the midpoint of its full-year guidance for diluted EPS of $1.21-$1.29 to new range of $1.24-$1.30.Reported Earnings • Apr 28First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.34 (up from US$0.31 in 1Q 2025). Revenue: US$200.6m (up 6.6% from 1Q 2025). Net income: US$38.6m (up 12% from 1Q 2025). Profit margin: 19% (in line with 1Q 2025). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.ナラティブの更新 • Apr 23CDP: 2026 Lease Retention And Dividend Path Will Guide Fairly Valued SharesAnalysts 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.ナラティブの更新 • Apr 08CDP: 2026 Lease Retention And Dividend Outlook Will Shape Potential UpsideAnalysts 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.お知らせ • Apr 01COPT Defense Properties to Report Q1, 2026 Results on Apr 27, 2026COPT Defense Properties announced that they will report Q1, 2026 results After-Market on Apr 27, 2026お知らせ • Mar 31COPT Defense Properties, Annual General Meeting, May 14, 2026COPT Defense Properties, Annual General Meeting, May 14, 2026.Upcoming Dividend • Mar 24Upcoming dividend of US$0.32 per shareEligible shareholders must have bought the stock before 31 March 2026. Payment date: 15 April 2026. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (5.8%).ナラティブの更新 • Mar 24CDP: 2026 Lease Retention And Rising Dividend Are Expected To Drive UpsideAnalysts 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.Seeking Alpha • Mar 17COPT Defense Properties: A Resilient REIT With Inflecting GrowthSummary COPT Defense Properties remains a "Buy," benefiting from its unique, defense-focused real estate niche and durable government tenant base. CDP’s portfolio is insulated from remote work and defense spending cuts, with 80% high-security assets and 94% occupancy in core defense properties. FFO growth is expected to be modest in 2026 due to higher interest costs, but Huntsville expansion and Space Command relocation position CDP for accelerated growth from 2027 onward. Shares trade at 11.7x FFO, a 15% sector discount, with a secure 4% yield and improving leverage, supporting further upside as valuation normalizes. Read the full article on Seeking Alphaナラティブの更新 • Mar 09CDP: Lease Retention And Dividend Growth Will Shape Balanced Future ReturnsThe 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.Price Target Changed • Mar 03Price target increased by 7.2% to US$35.50Up from US$33.13, the current price target is an average from 8 analysts. New target price is 10% above last closing price of US$32.16. Stock is up 20% over the past year. The company is forecast to post earnings per share of US$1.34 for next year compared to US$1.35 last year.Declared Dividend • Feb 23Fourth quarter dividend increased to US$0.32Dividend of US$0.32 is 4.9% higher than last year. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 3.8%, which is lower than the industry average of 5.5%.ナラティブの更新 • Feb 23CDP: Defense Leasing And Dividend Increases Will Support Balanced Future ReturnsAnalysts 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.お知らせ • Feb 20COPT Defense Properties Declares Quarterly Cash Dividend First Quarter Ending March 31, 2026, Payable on April 15, 2026COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.32 per common share for the first quarter ending March 31, 2026, which is payable on April 15, 2026, to shareholders of record on March 31, 2026. The first quarter dividend represents an annualized amount of $1.28 per share and is a 4.9% increase, or $0.015 per share, over the most recent quarterly dividend of $0.305.ナラティブの更新 • Feb 08CDP: Defense Leasing Pipeline And Stable REIT Conditions Will Support Premium MultipleAnalysts 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.Reported Earnings • Feb 07Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: FFO per share: US$2.8 (up from US$2.62 in FY 2024). Revenue: US$766.7m (up 1.7% from FY 2024). Funds from operations (FFO): US$313.2m (up 6.4% from FY 2024). FFO margin: 41% (up from 39% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 06COPT Defense Properties Provides Earnings Guidance for the First Quarter Ending March 31, 2026 and Year Ending December 31, 2026COPT Defense Properties provided earnings guidance for the first quarter ending March 31, 2026 and year ending December 31, 2026. For the quarter ending March 31, 2026, the Company is establishing the following guidance: EPS in the range of $0.30-$0.32. For the year, the company expects Diluted earnings per share (“EPS”) in the range of $1.21-$1.29.お知らせ • Jan 07COPT Defense Properties to Report Q4, 2025 Results on Feb 05, 2026COPT Defense Properties announced that they will report Q4, 2025 results After-Market on Feb 05, 2026ナラティブの更新 • Dec 25CDP: AI Gateway Office Demand Will Support Premium Multiple At 33Analysts 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.Upcoming Dividend • Dec 24Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (4.7%).ナラティブの更新 • Dec 11CDP: Future AI Office Demand Will Support Premium Multiple At Raised 33 Price LevelAnalysts 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.ナラティブの更新 • Nov 27CDP: Future Demand Will Reflect Stable Operations and Exposure to AI SectorsAnalysts 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.New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future.Declared Dividend • Nov 17Third quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 4.2%, which is lower than the industry average of 5.5%.お知らせ • Nov 14COPT Defense Properties Declares Fourth Quarter 2025 Common Dividend, Payable on January 15, 2026COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the fourth quarter ending December 31, 2025. The fourth quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on January 15, 2026, to shareholders of record on December 31, 2025.Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: FFO per share: US$0.7 (up from US$0.67 in 3Q 2024). Revenue: US$190.6m (flat on 3Q 2024). Funds from operations (FFO): US$80.0m (up 6.9% from 3Q 2024). FFO margin: 42% (up from 40% in 3Q 2024). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.お知らせ • Oct 31+ 1 more updateCOPT Defense Properties Revises Earnings Guidance for the Year Ending December 31, 2025COPT Defense Properties revised earnings guidance for the year ending December 31, 2025. For the year, the company now expects Diluted EPS in the range of $1.35 to $1.37 against previous range of Diluted EPS of $1.30 to $1.34.お知らせ • Oct 02COPT Defense Properties to Report Q3, 2025 Results on Oct 30, 2025COPT Defense Properties announced that they will report Q3, 2025 results After-Market on Oct 30, 2025Upcoming Dividend • Sep 23Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 16 October 2025. Trailing yield: 4.1%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (4.4%).ナラティブの更新 • Sep 18Rising US Defense Spending Will Expand Mission Critical Lease DemandA 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.Declared Dividend • Aug 18Second quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 30th September 2025 Payment date: 16th October 2025 Dividend yield will be 4.3%, which is lower than the industry average of 5.5%.お知らせ • Aug 15COPT Defense Properties Declares Dividend for the Third Quarter Ending September 30, 2025, Payable on October 16, 2025COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the third quarter ending September 30, 2025. The third quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on October 16, 2025, to shareholders of record on September 30, 2025.Reported Earnings • Jul 29Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.34 (up from US$0.31 in 2Q 2024). Revenue: US$189.9m (up 1.4% from 2Q 2024). Net income: US$38.3m (up 9.6% from 2Q 2024). Profit margin: 20% (up from 19% in 2Q 2024). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.1%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Jul 29+ 1 more updateCOPT Defense Properties Revises Earnings Guidance for the Year Ending December 31, 2025COPT Defense Properties revised earnings guidance for the year ending December 31, 2025. For the year, the company now expects Diluted EPS in the range of $1.30 to $1.34 against previous range of Diluted EPS of $1.28 to $1.34.お知らせ • Jul 02COPT Defense Properties to Report Q2, 2025 Results on Jul 28, 2025COPT Defense Properties announced that they will report Q2, 2025 results After-Market on Jul 28, 2025お知らせ • Jun 30COPT Defense Properties(NYSE:CDP) dropped from Russell 2000 Dynamic IndexCOPT Defense Properties(NYSE:CDP) dropped from Russell 2000 Dynamic IndexUpcoming Dividend • Jun 23Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 16 July 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (4.7%).Declared Dividend • May 23First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 30th June 2025 Payment date: 16th July 2025 Dividend yield will be 4.5%, which is lower than the industry average of 5.5%.お知らせ • May 21COPT Defense Declares Dividend for the Second Quarter Ending June 30, 2025, Payable on July 16, 2025COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the second quarter ending June 30, 2025. The second quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on July 16, 2025, to shareholders of record on June 30, 2025.Reported Earnings • Apr 29First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: FFO per share: US$0.7 (up from US$0.64 in 1Q 2024). Revenue: US$188.2m (down 2.6% from 1Q 2024). Funds from operations (FFO): US$74.3m (up 4.2% from 1Q 2024). FFO margin: 40% (up from 37% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Apr 29COPT Defense Properties Provides Earnings Guidance for the Second Quarter Ending June 30, 2025 and Revises Earnings Guidance for the Year Ending December 31, 2025COPT Defense Properties provided earnings guidance for the second quarter ending June 30, 2025 and revised earnings guidance for the year ending December 31, 2025. For the quarter, the company expected diluted EPS of $0.31 to $0.33. For the year, the company is narrowing its full-year guidance for diluted EPS $1.27 to $1.35 to new ranges of $1.28 to $1.34.お知らせ • Apr 04COPT Defense Properties to Report Q1, 2025 Results on Apr 28, 2025COPT Defense Properties announced that they will report Q1, 2025 results After-Market on Apr 28, 2025お知らせ • Apr 03COPT Defense Properties, Annual General Meeting, May 20, 2025COPT Defense Properties, Annual General Meeting, May 20, 2025.Upcoming Dividend • Mar 24Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 16 April 2025. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (5.1%).新しいナラティブ • Mar 18Expected 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. Declared Dividend • Feb 25Fourth quarter dividend increased to US$0.30Dividend of US$0.30 is 3.4% higher than last year. Ex-date: 31st March 2025 Payment date: 16th April 2025 Dividend yield will be 4.4%, which is lower than the industry average of 5.5%.お知らせ • Feb 21COPT Defense Properties Declares Dividend for the First Quarter Ending March 31, 2025, Payable on April 16, 2025COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the first quarter ending March 31, 2025. This represents an increase of 3.4%, or $0.01 per share, over the most recent quarterly dividend of $0.295. The first quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on April 16, 2025, to shareholders of record on March 31, 2025.Seeking Alpha • Feb 13COPT Defense: High Rates And DOGE Uncertainty Limit UpsideSummary 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 AlphaReported Earnings • Feb 07Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: FFO per share: US$2.6 (up from US$2.45 in FY 2023). Revenue: US$753.7m (up 10% from FY 2023). Funds from operations (FFO): US$294.4m (up 6.9% from FY 2023). FFO margin: 39% (down from 40% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Feb 07Copt Defense Properties Provides Earnings Guidance for the First Quarter and Full Year 2025COPT Defense Properties provides earnings guidance for the first quarter and full year 2025. For the quarter, the company expects earnings per share in the range of $0.31-$0.33. For the full year, the company expects Diluted earnings per share in the range of $1.27-$1.35.お知らせ • Jan 09COPT Defense Properties to Report Q4, 2024 Results on Feb 06, 2025COPT Defense Properties announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 06, 2025Upcoming Dividend • Dec 24Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 15 January 2025. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.6%).Declared Dividend • Nov 18Third quarter dividend of US$0.29 announcedShareholders will receive a dividend of US$0.29. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 3.9%, which is lower than the industry average of 5.5%.お知らせ • Nov 15COPT Defense Properties Declares Dividend for the Fourth Quarter Ending December 31, 2024, Payable on January 15, 2025COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the fourth quarter ending December 31, 2024. The fourth quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on January 15, 2025, to shareholders of record on December 31, 2024.Price Target Changed • Nov 12Price target increased by 8.1% to US$35.14Up from US$32.50, the current price target is an average from 7 analysts. New target price is 11% above last closing price of US$31.75. Stock is up 29% over the past year. The company is forecast to post earnings per share of US$1.25 next year compared to a net loss per share of US$0.67 last year.New Risk • Nov 06New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$291k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Significant insider selling over the past 3 months (US$291k sold).Recent Insider Transactions • Nov 06President recently sold US$291k worth of stockOn the 4th of November, Stephen Budorick sold around 9k shares on-market at roughly US$32.38 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months.Reported Earnings • Oct 29Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: US$0.32 (up from US$1.94 loss in 3Q 2023). Revenue: US$189.2m (up 12% from 3Q 2023). Net income: US$36.1m (up US$253.3m from 3Q 2023). Profit margin: 19% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.8%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Oct 29COPT Defense Properties Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2024COPT Defense Properties provided earnings guidance for the fourth quarter ending December 31, 2024. For the quarter, the company expects diluted EPS in the range of $0.31 to $0.33.Seeking Alpha • Oct 23COPT Defense Properties Is Just Getting StartedSummary 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 Alphaお知らせ • Oct 04COPT Defense Properties to Report Q3, 2024 Results on Oct 28, 2024COPT Defense Properties announced that they will report Q3, 2024 results After-Market on Oct 28, 2024Upcoming Dividend • Sep 23Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 17 October 2024. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (4.5%).Price Target Changed • Aug 23Price target increased by 7.0% to US$30.50Up from US$28.50, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$29.12. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.24 next year compared to a net loss per share of US$0.67 last year.Declared Dividend • Aug 12Second quarter dividend of US$0.29 announcedShareholders will receive a dividend of US$0.29. Ex-date: 30th September 2024 Payment date: 17th October 2024 Dividend yield will be 4.1%, which is lower than the industry average of 5.5%.お知らせ • Aug 09COPT Defense Properties Declares Common Stock Dividend for the Third Quarter Ending September 30, 2024, Payable on October 17, 2024COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the third quarter ending September 30, 2024. The third quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on October 17, 2024, to shareholders of record on September 30, 2024.お知らせ • Jul 31+ 1 more updateCopt Defense Properties Provides Earnings Guidance for the Third Quarter Ending September 30, 2024COPT Defense Properties provided earnings guidance for the third quarter ending September 30, 2024. For the quarter, the company expects Diluted EPS in the range of $0.30-$0.32.Reported Earnings • Jul 30Second quarter 2024 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2024 results: EPS: US$0.31 (up from US$0.27 in 2Q 2023). Revenue: US$187.3m (up 11% from 2Q 2023). Net income: US$35.2m (up 17% from 2Q 2023). Profit margin: 19% (up from 18% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.お知らせ • Jul 04COPT Defense Properties to Report Q2, 2024 Results on Jul 29, 2024COPT Defense Properties announced that they will report Q2, 2024 results After-Market on Jul 29, 2024Seeking Alpha • Jun 22COPT Defense Properties: Not Your Average Office REITSummary 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 AlphaUpcoming Dividend • Jun 21Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 28 June 2024. Payment date: 17 July 2024. Trailing yield: 4.9%. Within top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.7%).Declared Dividend • May 13First quarter dividend of US$0.29 announcedShareholders will receive a dividend of US$0.29. Ex-date: 28th June 2024 Payment date: 17th July 2024 Dividend yield will be 4.7%, which is lower than the industry average of 5.5%.お知らせ • May 11COPT Defense Properties Declares Common Stock Dividend for the Second Quarter Ending June 30, 2024, Payable on July 17, 2024COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the second quarter ending June 30, 2024. The second quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on July 17, 2024, to shareholders of record on June 28, 2024.お知らせ • Apr 27+ 1 more updateCOPT Defense Properties Provides Earnings Guidance for the Second Quarter Ending June 30, 2024COPT Defense Properties provided earnings guidance for the second quarter ending June 30, 2024. For the quarter, the company expects Diluted EPS to be in the range of $0.29 to $0.31.Reported Earnings • Apr 27First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2024 results: FFO per share: US$0.6 (up from US$0.60 in 1Q 2023). Revenue: US$193.3m (up 16% from 1Q 2023). Funds from operations (FFO): US$71.4m (up 5.5% from 1Q 2023). FFO margin: 37% (down from 40% in 1Q 2023). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Seeking Alpha • Apr 10COPT Defense Properties: Slow And Steady GrowthSummary 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 Alphaお知らせ • Apr 04COPT Defense Properties to Report Q1, 2024 Results on Apr 25, 2024COPT Defense Properties announced that they will report Q1, 2024 results After-Market on Apr 25, 2024Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Trustee Essye Miller was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 29COPT Defense Properties, Annual General Meeting, May 09, 2024COPT Defense Properties, Annual General Meeting, May 09, 2024, at 09:30 Eastern Daylight.Upcoming Dividend • Mar 20Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 17 April 2024. Trailing yield: 4.8%. Within top quartile of American dividend payers (4.7%). Lower than average of industry peers (5.4%).Declared Dividend • Feb 26Fourth quarter dividend increased to US$0.29Dividend of US$0.29 is 3.5% higher than last year. Ex-date: 27th March 2024 Payment date: 17th April 2024 Dividend yield will be 4.8%, which is lower than the industry average of 5.5%.お知らせ • Feb 23COPT Defense Properties Declares Regular Dividend for the First Quarter Ending March 31, 2024, Payable on April 17, 2024COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the first quarter ending March 31, 2024. This represents an increase of 3.5%, or $0.01 per share, over the most recent quarterly dividend of $0.285. The first quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on April 17, 2024, to shareholders of record on March 29, 2024.Reported Earnings • Feb 10Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: FFO per share: US$2.5 (up from US$2.39 in FY 2022). Revenue: US$685.0m (down 7.5% from FY 2022). Funds from operations (FFO): US$275.3m (up 2.7% from FY 2022). FFO margin: 40% (up from 36% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Feb 09COPT Defense Properties Provides Earnings Guidance for the First Quarter Ending March 31, 2024 and Full Year Ending December 31, 2024COPT Defense Properties provided earnings guidance for the first quarter ending March 31, 2024 and full year ending December 31, 2024. For the quarter, the company expects EPS in the range of $0.26 - $0.28.For the year 2024, the company expects EPS in the range of $1.15 - $1.23.Seeking Alpha • Jan 30COPT Defense Properties: A Solid Buy For Its Government Rent ChecksSummary 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 Alphaお知らせ • Jan 10COPT Defense Properties to Report Q4, 2023 Results on Feb 08, 2024COPT Defense Properties announced that they will report Q4, 2023 results After-Market on Feb 08, 2024Upcoming Dividend • Dec 22Upcoming dividend of US$0.28 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 18 January 2024. Trailing yield: 4.5%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (5.2%).お知らせ • Nov 15COPT Defense Appoints Britt A. Snider as Executive Vice President and Chief Operating Officer, Effective December 1, 2023COPT Defense Properties announced the appointment of Britt A. Snider as Executive Vice President and Chief Operating Officer, effective December 1, 2023. Mr. Snider is an established commercial real estate executive with nearly 20 years of experience in development, asset management, property management and leasing, corporate operations, and corporate strategy. Prior to joining COPT Defense, he served as Principal of Redbrick LMD, a diversified real estate investment and development company based in Washington, D.C., where he was a member of the senior leadership team overseeing the company’s development, asset management and leasing activities. Prior to Redbrick, Mr. Snider served as Senior Vice President at was Development, a real estate investment and development company based in Chestnut Hill, Massachusetts, where he led the company’s mixed-use development initiatives outside of the Boston Seaport. Between 2006 and 2019, Mr. Snider served as Executive Vice President, Head of Commercial Asset Management and Principal, Development at JBG Smith, a mixed-use investment and development real estate investment trust, where he oversaw the company’s office portfolio and development activities. Previous to JBG, Mr. Snider worked in the Real Estate Investment Banking Group at Friedman Billings Ramsey. In his new capacity, Mr. Snider will manage the overall operations of the Company including asset management and leasing, property management, government services, and commercial development. His responsibilities will also include developing and executing strategies to expand the Company’s investment opportunities, predominantly regarding new development at existing Defense/IT Properties. Mr. Snider received his B.A., Cum Laude, from Amherst College and his M.B.A. from the University of North Carolina’s Kenan-Flagler Business School.お知らせ • Nov 10Copt Defense Declares Fourth Quarter 2023 Common Dividend Ending December 31, 2023, Payable on January 18, 2024COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.285 per common share for the fourth quarter ending December 31, 2023. The fourth quarter 2023 dividend represents an annualized amount of $1.14 per share and is payable on January 18, 2024, to shareholders of record on December 29, 2023.お知らせ • Oct 29COPT Defense Properties Revises Earnings Guidance for the Year Ending December 31, 2023COPT Defense Properties revised earnings guidance for the year ending December 31, 2023. For the year, the company expects revised Diluted LPS to be in the range of $0.71 to $0.69 compared to previously expected Diluted EPS to be in the range of $1.49 to $1.53.お知らせ • Oct 28COPT Defense Properties Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2023COPT Defense Properties provided earnings guidance for the fourth quarter Ending December 31, 2023. Diluted EPS of from $0.27 to $0.29.Reported Earnings • Oct 28Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: FFO per share: US$0.6 (up from US$0.59 in 3Q 2022). Revenue: US$168.5m (down 7.8% from 3Q 2022). Funds from operations (FFO): US$68.5m (up 3.2% from 3Q 2022). FFO margin: 41% (up from 36% in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.株主還元CDPUS Office REITsUS 市場7D-2.0%1.7%1.2%1Y15.1%-9.8%27.0%株主還元を見る業界別リターン: CDP過去 1 年間で-9.8 % の収益を上げたUS Office REITs業界を上回りました。リターン対市場: CDPは、過去 1 年間で27 % のリターンを上げたUS市場を下回りました。価格変動Is CDP's price volatile compared to industry and market?CDP volatilityCDP Average Weekly Movement2.3%Office REITs Industry Average Movement4.4%Market Average Movement7.2%10% most volatile stocks in US Market16.9%10% least volatile stocks in US Market3.0%安定した株価: CDP 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: CDPの 週次ボラティリティ ( 2% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1988430Steve Budorickwww.copt.comS&Pミッドキャップ400のCOPTディフェンス・プロパティーズは、米国政府の重要な防衛施設や任務に近接した、あるいは時にはそれを含む場所での不動産の所有、運営、開発に重点を置く自主管理型REITです（ディフェンス/ITポートフォリオと呼ばれます）。当社のテナントには、主に国家安全保障上の優先的活動に従事し、一般的にミッションクリティカルで高度なセキュリティの強化を必要とする米国政府およびその防衛請負業者が含まれる。2026年3月31日現在、当社の防衛/ITポートフォリオは、非連結ジョイントベンチャーを通じて所有する24物件を含む201物件で、2,320万平方フィートに及び、96.4％が賃貸されている。COPT ディフェンス・プロパティーズは1988年に設立され、米国コロンビアに本社を置いている。もっと見るCOPT Defense Properties 基礎のまとめCOPT Defense Properties の収益と売上を時価総額と比較するとどうか。CDP 基礎統計学時価総額US$3.65b収益（TTM）US$155.53m売上高(TTM)US$780.55m23.0xPER（株価収益率4.6xP/SレシオCDP は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CDP 損益計算書（TTM）収益US$780.55m売上原価US$329.13m売上総利益US$451.41mその他の費用US$295.88m収益US$155.53m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.38グロス・マージン57.83%純利益率19.93%有利子負債／自己資本比率160.0%CDP の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.0%現在の配当利回り43%配当性向CDP 配当は確実ですか？CDP 配当履歴とベンチマークを見るCDP 、いつまでに購入すれば配当金を受け取れますか？COPT Defense Properties 配当日配当落ち日Jun 30 2026配当支払日Jul 15 2026配当落ちまでの日数26 days配当支払日までの日数41 daysCDP 配当は確実ですか？CDP 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/02 20:08終値2026/06/02 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋COPT Defense Properties 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関David RodgersBairdJing Xian Tan BonnelBofA Global ResearchWilliam CatherwoodBTIG22 その他のアナリストを表示
ナラティブの更新 • Jun 02CDP: 2026 Leasing Strength And Guidance Will Support Undervalued SharesAnalysts 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.
ライブニュース • Jun 02COPT Defense Properties Increases 2026 Guidance With Strong Leasing and High Tenant RetentionCOPT Defense Properties raised its 2026 guidance after reporting strong first quarter results. The company reported solid leasing activity alongside high tenant retention in its Defense/IT-focused portfolio. Portfolio occupancy and leasing rates remain at the higher end of the sector, supported by prior investments and a conservative balance sheet. The combination of higher 2026 guidance, strong leasing and high retention points to a portfolio that is currently securing demand from Defense and IT tenants while maintaining relatively tight occupancy. Investors may want to focus on how well the company can sustain sector-leading leasing metrics and balance sheet discipline if tenant requirements or government-related spending patterns change.
Declared Dividend • May 18First quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.9%, which is lower than the industry average of 5.5%.
お知らせ • May 16COPT Defense Properties announces Quarterly dividend, payable on July 15, 2026COPT Defense Properties announced Quarterly dividend of USD 0.3200 per share payable on July 15, 2026, ex-date on June 30, 2026 and record date on June 30, 2026.
お知らせ • Apr 29+ 1 more updateCOPT Defense Properties Revises Earnings Guidance for the Full Year Ending December 31, 2026COPT Defense Properties revised earnings guidance for the full year ending December 31, 2026. Management is revising and increasing the midpoint of its full-year guidance for diluted EPS of $1.21-$1.29 to new range of $1.24-$1.30.
Reported Earnings • Apr 28First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.34 (up from US$0.31 in 1Q 2025). Revenue: US$200.6m (up 6.6% from 1Q 2025). Net income: US$38.6m (up 12% from 1Q 2025). Profit margin: 19% (in line with 1Q 2025). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
ナラティブの更新 • Jun 02CDP: 2026 Leasing Strength And Guidance Will Support Undervalued SharesAnalysts 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.
ライブニュース • Jun 02COPT Defense Properties Increases 2026 Guidance With Strong Leasing and High Tenant RetentionCOPT Defense Properties raised its 2026 guidance after reporting strong first quarter results. The company reported solid leasing activity alongside high tenant retention in its Defense/IT-focused portfolio. Portfolio occupancy and leasing rates remain at the higher end of the sector, supported by prior investments and a conservative balance sheet. The combination of higher 2026 guidance, strong leasing and high retention points to a portfolio that is currently securing demand from Defense and IT tenants while maintaining relatively tight occupancy. Investors may want to focus on how well the company can sustain sector-leading leasing metrics and balance sheet discipline if tenant requirements or government-related spending patterns change.
Declared Dividend • May 18First quarter dividend of US$0.32 announcedShareholders will receive a dividend of US$0.32. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.9%, which is lower than the industry average of 5.5%.
お知らせ • May 16COPT Defense Properties announces Quarterly dividend, payable on July 15, 2026COPT Defense Properties announced Quarterly dividend of USD 0.3200 per share payable on July 15, 2026, ex-date on June 30, 2026 and record date on June 30, 2026.
お知らせ • Apr 29+ 1 more updateCOPT Defense Properties Revises Earnings Guidance for the Full Year Ending December 31, 2026COPT Defense Properties revised earnings guidance for the full year ending December 31, 2026. Management is revising and increasing the midpoint of its full-year guidance for diluted EPS of $1.21-$1.29 to new range of $1.24-$1.30.
Reported Earnings • Apr 28First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.34 (up from US$0.31 in 1Q 2025). Revenue: US$200.6m (up 6.6% from 1Q 2025). Net income: US$38.6m (up 12% from 1Q 2025). Profit margin: 19% (in line with 1Q 2025). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
ナラティブの更新 • Apr 23CDP: 2026 Lease Retention And Dividend Path Will Guide Fairly Valued SharesAnalysts 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.
ナラティブの更新 • Apr 08CDP: 2026 Lease Retention And Dividend Outlook Will Shape Potential UpsideAnalysts 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.
お知らせ • Apr 01COPT Defense Properties to Report Q1, 2026 Results on Apr 27, 2026COPT Defense Properties announced that they will report Q1, 2026 results After-Market on Apr 27, 2026
お知らせ • Mar 31COPT Defense Properties, Annual General Meeting, May 14, 2026COPT Defense Properties, Annual General Meeting, May 14, 2026.
Upcoming Dividend • Mar 24Upcoming dividend of US$0.32 per shareEligible shareholders must have bought the stock before 31 March 2026. Payment date: 15 April 2026. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (5.8%).
ナラティブの更新 • Mar 24CDP: 2026 Lease Retention And Rising Dividend Are Expected To Drive UpsideAnalysts 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.
Seeking Alpha • Mar 17COPT Defense Properties: A Resilient REIT With Inflecting GrowthSummary COPT Defense Properties remains a "Buy," benefiting from its unique, defense-focused real estate niche and durable government tenant base. CDP’s portfolio is insulated from remote work and defense spending cuts, with 80% high-security assets and 94% occupancy in core defense properties. FFO growth is expected to be modest in 2026 due to higher interest costs, but Huntsville expansion and Space Command relocation position CDP for accelerated growth from 2027 onward. Shares trade at 11.7x FFO, a 15% sector discount, with a secure 4% yield and improving leverage, supporting further upside as valuation normalizes. Read the full article on Seeking Alpha
ナラティブの更新 • Mar 09CDP: Lease Retention And Dividend Growth Will Shape Balanced Future ReturnsThe 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.
Price Target Changed • Mar 03Price target increased by 7.2% to US$35.50Up from US$33.13, the current price target is an average from 8 analysts. New target price is 10% above last closing price of US$32.16. Stock is up 20% over the past year. The company is forecast to post earnings per share of US$1.34 for next year compared to US$1.35 last year.
Declared Dividend • Feb 23Fourth quarter dividend increased to US$0.32Dividend of US$0.32 is 4.9% higher than last year. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 3.8%, which is lower than the industry average of 5.5%.
ナラティブの更新 • Feb 23CDP: Defense Leasing And Dividend Increases Will Support Balanced Future ReturnsAnalysts 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.
お知らせ • Feb 20COPT Defense Properties Declares Quarterly Cash Dividend First Quarter Ending March 31, 2026, Payable on April 15, 2026COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.32 per common share for the first quarter ending March 31, 2026, which is payable on April 15, 2026, to shareholders of record on March 31, 2026. The first quarter dividend represents an annualized amount of $1.28 per share and is a 4.9% increase, or $0.015 per share, over the most recent quarterly dividend of $0.305.
ナラティブの更新 • Feb 08CDP: Defense Leasing Pipeline And Stable REIT Conditions Will Support Premium MultipleAnalysts 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.
Reported Earnings • Feb 07Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: FFO per share: US$2.8 (up from US$2.62 in FY 2024). Revenue: US$766.7m (up 1.7% from FY 2024). Funds from operations (FFO): US$313.2m (up 6.4% from FY 2024). FFO margin: 41% (up from 39% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 06COPT Defense Properties Provides Earnings Guidance for the First Quarter Ending March 31, 2026 and Year Ending December 31, 2026COPT Defense Properties provided earnings guidance for the first quarter ending March 31, 2026 and year ending December 31, 2026. For the quarter ending March 31, 2026, the Company is establishing the following guidance: EPS in the range of $0.30-$0.32. For the year, the company expects Diluted earnings per share (“EPS”) in the range of $1.21-$1.29.
お知らせ • Jan 07COPT Defense Properties to Report Q4, 2025 Results on Feb 05, 2026COPT Defense Properties announced that they will report Q4, 2025 results After-Market on Feb 05, 2026
ナラティブの更新 • Dec 25CDP: AI Gateway Office Demand Will Support Premium Multiple At 33Analysts 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.
Upcoming Dividend • Dec 24Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (4.7%).
ナラティブの更新 • Dec 11CDP: Future AI Office Demand Will Support Premium Multiple At Raised 33 Price LevelAnalysts 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.
ナラティブの更新 • Nov 27CDP: Future Demand Will Reflect Stable Operations and Exposure to AI SectorsAnalysts 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.
New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future.
Declared Dividend • Nov 17Third quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 4.2%, which is lower than the industry average of 5.5%.
お知らせ • Nov 14COPT Defense Properties Declares Fourth Quarter 2025 Common Dividend, Payable on January 15, 2026COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the fourth quarter ending December 31, 2025. The fourth quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on January 15, 2026, to shareholders of record on December 31, 2025.
Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: FFO per share: US$0.7 (up from US$0.67 in 3Q 2024). Revenue: US$190.6m (flat on 3Q 2024). Funds from operations (FFO): US$80.0m (up 6.9% from 3Q 2024). FFO margin: 42% (up from 40% in 3Q 2024). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Oct 31+ 1 more updateCOPT Defense Properties Revises Earnings Guidance for the Year Ending December 31, 2025COPT Defense Properties revised earnings guidance for the year ending December 31, 2025. For the year, the company now expects Diluted EPS in the range of $1.35 to $1.37 against previous range of Diluted EPS of $1.30 to $1.34.
お知らせ • Oct 02COPT Defense Properties to Report Q3, 2025 Results on Oct 30, 2025COPT Defense Properties announced that they will report Q3, 2025 results After-Market on Oct 30, 2025
Upcoming Dividend • Sep 23Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 16 October 2025. Trailing yield: 4.1%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (4.4%).
ナラティブの更新 • Sep 18Rising US Defense Spending Will Expand Mission Critical Lease DemandA 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.
Declared Dividend • Aug 18Second quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 30th September 2025 Payment date: 16th October 2025 Dividend yield will be 4.3%, which is lower than the industry average of 5.5%.
お知らせ • Aug 15COPT Defense Properties Declares Dividend for the Third Quarter Ending September 30, 2025, Payable on October 16, 2025COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the third quarter ending September 30, 2025. The third quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on October 16, 2025, to shareholders of record on September 30, 2025.
Reported Earnings • Jul 29Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.34 (up from US$0.31 in 2Q 2024). Revenue: US$189.9m (up 1.4% from 2Q 2024). Net income: US$38.3m (up 9.6% from 2Q 2024). Profit margin: 20% (up from 19% in 2Q 2024). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.1%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Jul 29+ 1 more updateCOPT Defense Properties Revises Earnings Guidance for the Year Ending December 31, 2025COPT Defense Properties revised earnings guidance for the year ending December 31, 2025. For the year, the company now expects Diluted EPS in the range of $1.30 to $1.34 against previous range of Diluted EPS of $1.28 to $1.34.
お知らせ • Jul 02COPT Defense Properties to Report Q2, 2025 Results on Jul 28, 2025COPT Defense Properties announced that they will report Q2, 2025 results After-Market on Jul 28, 2025
お知らせ • Jun 30COPT Defense Properties(NYSE:CDP) dropped from Russell 2000 Dynamic IndexCOPT Defense Properties(NYSE:CDP) dropped from Russell 2000 Dynamic Index
Upcoming Dividend • Jun 23Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 16 July 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (4.7%).
Declared Dividend • May 23First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 30th June 2025 Payment date: 16th July 2025 Dividend yield will be 4.5%, which is lower than the industry average of 5.5%.
お知らせ • May 21COPT Defense Declares Dividend for the Second Quarter Ending June 30, 2025, Payable on July 16, 2025COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the second quarter ending June 30, 2025. The second quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on July 16, 2025, to shareholders of record on June 30, 2025.
Reported Earnings • Apr 29First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: FFO per share: US$0.7 (up from US$0.64 in 1Q 2024). Revenue: US$188.2m (down 2.6% from 1Q 2024). Funds from operations (FFO): US$74.3m (up 4.2% from 1Q 2024). FFO margin: 40% (up from 37% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 29COPT Defense Properties Provides Earnings Guidance for the Second Quarter Ending June 30, 2025 and Revises Earnings Guidance for the Year Ending December 31, 2025COPT Defense Properties provided earnings guidance for the second quarter ending June 30, 2025 and revised earnings guidance for the year ending December 31, 2025. For the quarter, the company expected diluted EPS of $0.31 to $0.33. For the year, the company is narrowing its full-year guidance for diluted EPS $1.27 to $1.35 to new ranges of $1.28 to $1.34.
お知らせ • Apr 04COPT Defense Properties to Report Q1, 2025 Results on Apr 28, 2025COPT Defense Properties announced that they will report Q1, 2025 results After-Market on Apr 28, 2025
お知らせ • Apr 03COPT Defense Properties, Annual General Meeting, May 20, 2025COPT Defense Properties, Annual General Meeting, May 20, 2025.
Upcoming Dividend • Mar 24Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 16 April 2025. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (5.1%).
新しいナラティブ • Mar 18Expected 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.
Declared Dividend • Feb 25Fourth quarter dividend increased to US$0.30Dividend of US$0.30 is 3.4% higher than last year. Ex-date: 31st March 2025 Payment date: 16th April 2025 Dividend yield will be 4.4%, which is lower than the industry average of 5.5%.
お知らせ • Feb 21COPT Defense Properties Declares Dividend for the First Quarter Ending March 31, 2025, Payable on April 16, 2025COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the first quarter ending March 31, 2025. This represents an increase of 3.4%, or $0.01 per share, over the most recent quarterly dividend of $0.295. The first quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on April 16, 2025, to shareholders of record on March 31, 2025.
Seeking Alpha • Feb 13COPT Defense: High Rates And DOGE Uncertainty Limit UpsideSummary 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 Alpha
Reported Earnings • Feb 07Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: FFO per share: US$2.6 (up from US$2.45 in FY 2023). Revenue: US$753.7m (up 10% from FY 2023). Funds from operations (FFO): US$294.4m (up 6.9% from FY 2023). FFO margin: 39% (down from 40% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Feb 07Copt Defense Properties Provides Earnings Guidance for the First Quarter and Full Year 2025COPT Defense Properties provides earnings guidance for the first quarter and full year 2025. For the quarter, the company expects earnings per share in the range of $0.31-$0.33. For the full year, the company expects Diluted earnings per share in the range of $1.27-$1.35.
お知らせ • Jan 09COPT Defense Properties to Report Q4, 2024 Results on Feb 06, 2025COPT Defense Properties announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 06, 2025
Upcoming Dividend • Dec 24Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 15 January 2025. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.6%).
Declared Dividend • Nov 18Third quarter dividend of US$0.29 announcedShareholders will receive a dividend of US$0.29. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 3.9%, which is lower than the industry average of 5.5%.
お知らせ • Nov 15COPT Defense Properties Declares Dividend for the Fourth Quarter Ending December 31, 2024, Payable on January 15, 2025COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the fourth quarter ending December 31, 2024. The fourth quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on January 15, 2025, to shareholders of record on December 31, 2024.
Price Target Changed • Nov 12Price target increased by 8.1% to US$35.14Up from US$32.50, the current price target is an average from 7 analysts. New target price is 11% above last closing price of US$31.75. Stock is up 29% over the past year. The company is forecast to post earnings per share of US$1.25 next year compared to a net loss per share of US$0.67 last year.
New Risk • Nov 06New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$291k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Significant insider selling over the past 3 months (US$291k sold).
Recent Insider Transactions • Nov 06President recently sold US$291k worth of stockOn the 4th of November, Stephen Budorick sold around 9k shares on-market at roughly US$32.38 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months.
Reported Earnings • Oct 29Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: US$0.32 (up from US$1.94 loss in 3Q 2023). Revenue: US$189.2m (up 12% from 3Q 2023). Net income: US$36.1m (up US$253.3m from 3Q 2023). Profit margin: 19% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.8%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Oct 29COPT Defense Properties Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2024COPT Defense Properties provided earnings guidance for the fourth quarter ending December 31, 2024. For the quarter, the company expects diluted EPS in the range of $0.31 to $0.33.
Seeking Alpha • Oct 23COPT Defense Properties Is Just Getting StartedSummary 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 Alpha
お知らせ • Oct 04COPT Defense Properties to Report Q3, 2024 Results on Oct 28, 2024COPT Defense Properties announced that they will report Q3, 2024 results After-Market on Oct 28, 2024
Upcoming Dividend • Sep 23Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 17 October 2024. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (4.5%).
Price Target Changed • Aug 23Price target increased by 7.0% to US$30.50Up from US$28.50, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$29.12. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$1.24 next year compared to a net loss per share of US$0.67 last year.
Declared Dividend • Aug 12Second quarter dividend of US$0.29 announcedShareholders will receive a dividend of US$0.29. Ex-date: 30th September 2024 Payment date: 17th October 2024 Dividend yield will be 4.1%, which is lower than the industry average of 5.5%.
お知らせ • Aug 09COPT Defense Properties Declares Common Stock Dividend for the Third Quarter Ending September 30, 2024, Payable on October 17, 2024COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the third quarter ending September 30, 2024. The third quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on October 17, 2024, to shareholders of record on September 30, 2024.
お知らせ • Jul 31+ 1 more updateCopt Defense Properties Provides Earnings Guidance for the Third Quarter Ending September 30, 2024COPT Defense Properties provided earnings guidance for the third quarter ending September 30, 2024. For the quarter, the company expects Diluted EPS in the range of $0.30-$0.32.
Reported Earnings • Jul 30Second quarter 2024 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2024 results: EPS: US$0.31 (up from US$0.27 in 2Q 2023). Revenue: US$187.3m (up 11% from 2Q 2023). Net income: US$35.2m (up 17% from 2Q 2023). Profit margin: 19% (up from 18% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 04COPT Defense Properties to Report Q2, 2024 Results on Jul 29, 2024COPT Defense Properties announced that they will report Q2, 2024 results After-Market on Jul 29, 2024
Seeking Alpha • Jun 22COPT Defense Properties: Not Your Average Office REITSummary 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 Alpha
Upcoming Dividend • Jun 21Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 28 June 2024. Payment date: 17 July 2024. Trailing yield: 4.9%. Within top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.7%).
Declared Dividend • May 13First quarter dividend of US$0.29 announcedShareholders will receive a dividend of US$0.29. Ex-date: 28th June 2024 Payment date: 17th July 2024 Dividend yield will be 4.7%, which is lower than the industry average of 5.5%.
お知らせ • May 11COPT Defense Properties Declares Common Stock Dividend for the Second Quarter Ending June 30, 2024, Payable on July 17, 2024COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the second quarter ending June 30, 2024. The second quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on July 17, 2024, to shareholders of record on June 28, 2024.
お知らせ • Apr 27+ 1 more updateCOPT Defense Properties Provides Earnings Guidance for the Second Quarter Ending June 30, 2024COPT Defense Properties provided earnings guidance for the second quarter ending June 30, 2024. For the quarter, the company expects Diluted EPS to be in the range of $0.29 to $0.31.
Reported Earnings • Apr 27First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2024 results: FFO per share: US$0.6 (up from US$0.60 in 1Q 2023). Revenue: US$193.3m (up 16% from 1Q 2023). Funds from operations (FFO): US$71.4m (up 5.5% from 1Q 2023). FFO margin: 37% (down from 40% in 1Q 2023). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Seeking Alpha • Apr 10COPT Defense Properties: Slow And Steady GrowthSummary 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 Alpha
お知らせ • Apr 04COPT Defense Properties to Report Q1, 2024 Results on Apr 25, 2024COPT Defense Properties announced that they will report Q1, 2024 results After-Market on Apr 25, 2024
Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Trustee Essye Miller was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 29COPT Defense Properties, Annual General Meeting, May 09, 2024COPT Defense Properties, Annual General Meeting, May 09, 2024, at 09:30 Eastern Daylight.
Upcoming Dividend • Mar 20Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 17 April 2024. Trailing yield: 4.8%. Within top quartile of American dividend payers (4.7%). Lower than average of industry peers (5.4%).
Declared Dividend • Feb 26Fourth quarter dividend increased to US$0.29Dividend of US$0.29 is 3.5% higher than last year. Ex-date: 27th March 2024 Payment date: 17th April 2024 Dividend yield will be 4.8%, which is lower than the industry average of 5.5%.
お知らせ • Feb 23COPT Defense Properties Declares Regular Dividend for the First Quarter Ending March 31, 2024, Payable on April 17, 2024COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the first quarter ending March 31, 2024. This represents an increase of 3.5%, or $0.01 per share, over the most recent quarterly dividend of $0.285. The first quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on April 17, 2024, to shareholders of record on March 29, 2024.
Reported Earnings • Feb 10Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: FFO per share: US$2.5 (up from US$2.39 in FY 2022). Revenue: US$685.0m (down 7.5% from FY 2022). Funds from operations (FFO): US$275.3m (up 2.7% from FY 2022). FFO margin: 40% (up from 36% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 09COPT Defense Properties Provides Earnings Guidance for the First Quarter Ending March 31, 2024 and Full Year Ending December 31, 2024COPT Defense Properties provided earnings guidance for the first quarter ending March 31, 2024 and full year ending December 31, 2024. For the quarter, the company expects EPS in the range of $0.26 - $0.28.For the year 2024, the company expects EPS in the range of $1.15 - $1.23.
Seeking Alpha • Jan 30COPT Defense Properties: A Solid Buy For Its Government Rent ChecksSummary 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 Alpha
お知らせ • Jan 10COPT Defense Properties to Report Q4, 2023 Results on Feb 08, 2024COPT Defense Properties announced that they will report Q4, 2023 results After-Market on Feb 08, 2024
Upcoming Dividend • Dec 22Upcoming dividend of US$0.28 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 18 January 2024. Trailing yield: 4.5%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (5.2%).
お知らせ • Nov 15COPT Defense Appoints Britt A. Snider as Executive Vice President and Chief Operating Officer, Effective December 1, 2023COPT Defense Properties announced the appointment of Britt A. Snider as Executive Vice President and Chief Operating Officer, effective December 1, 2023. Mr. Snider is an established commercial real estate executive with nearly 20 years of experience in development, asset management, property management and leasing, corporate operations, and corporate strategy. Prior to joining COPT Defense, he served as Principal of Redbrick LMD, a diversified real estate investment and development company based in Washington, D.C., where he was a member of the senior leadership team overseeing the company’s development, asset management and leasing activities. Prior to Redbrick, Mr. Snider served as Senior Vice President at was Development, a real estate investment and development company based in Chestnut Hill, Massachusetts, where he led the company’s mixed-use development initiatives outside of the Boston Seaport. Between 2006 and 2019, Mr. Snider served as Executive Vice President, Head of Commercial Asset Management and Principal, Development at JBG Smith, a mixed-use investment and development real estate investment trust, where he oversaw the company’s office portfolio and development activities. Previous to JBG, Mr. Snider worked in the Real Estate Investment Banking Group at Friedman Billings Ramsey. In his new capacity, Mr. Snider will manage the overall operations of the Company including asset management and leasing, property management, government services, and commercial development. His responsibilities will also include developing and executing strategies to expand the Company’s investment opportunities, predominantly regarding new development at existing Defense/IT Properties. Mr. Snider received his B.A., Cum Laude, from Amherst College and his M.B.A. from the University of North Carolina’s Kenan-Flagler Business School.
お知らせ • Nov 10Copt Defense Declares Fourth Quarter 2023 Common Dividend Ending December 31, 2023, Payable on January 18, 2024COPT Defense Properties announced that its Board of Trustees declared a regular quarterly dividend of $0.285 per common share for the fourth quarter ending December 31, 2023. The fourth quarter 2023 dividend represents an annualized amount of $1.14 per share and is payable on January 18, 2024, to shareholders of record on December 29, 2023.
お知らせ • Oct 29COPT Defense Properties Revises Earnings Guidance for the Year Ending December 31, 2023COPT Defense Properties revised earnings guidance for the year ending December 31, 2023. For the year, the company expects revised Diluted LPS to be in the range of $0.71 to $0.69 compared to previously expected Diluted EPS to be in the range of $1.49 to $1.53.
お知らせ • Oct 28COPT Defense Properties Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2023COPT Defense Properties provided earnings guidance for the fourth quarter Ending December 31, 2023. Diluted EPS of from $0.27 to $0.29.
Reported Earnings • Oct 28Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: FFO per share: US$0.6 (up from US$0.59 in 3Q 2022). Revenue: US$168.5m (down 7.8% from 3Q 2022). Funds from operations (FFO): US$68.5m (up 3.2% from 3Q 2022). FFO margin: 41% (up from 36% in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
