COPT Defense Properties

NYSE:CDP 주식 리포트

시가총액: US$4.3b

COPT Defense Properties 경영진

경영진 기준 점검 4/4

COPT Defense Properties CEO는 Steve Budorick, May2016 에 임명되었습니다 의 임기는 10.17 년입니다. 총 연간 보상은 $7.58M, 10.5% 급여 및 89.5% 보너스(회사 주식 및 옵션 포함)로 구성됩니다. 는 $5.91M 가치에 해당하는 회사 주식의 0.14% 직접 소유합니다. 경영진과 이사회의 평균 재임 기간은 10.8 년과 9.5 년입니다.

핵심 정보

Steve Budorick

최고경영자

US$7.6m

총 보수

CEO 급여 비율10.54%
CEO 재임 기간10.2yrs
CEO 지분 보유율0.1%
경영진 평균 재임 기간10.8yrs
이사회 평균 재임 기간9.5yrs

최근 경영진 업데이트

Recent updates

내러티브 업데이트 Jun 16

CDP: 2026 Leasing And Guidance Strength Will Support Fairly Valued Shares

The analyst fair value estimate for COPT Defense Properties has been adjusted from $35.63 to $36.00, reflecting recent price target increases to $34 from multiple firms and analyst views on its financial leverage, FFO PEG ratios, and premium pricing to net asset value. Analyst Commentary Recent Street research on COPT Defense Properties points to gradual, measured adjustments in expectations rather than sweeping calls, with several firms now aligning around a US$34 price target.
Seeking Alpha Jun 06

COPT Defense Properties: Unique Property Niche Makes Shares A Gem

Summary COPT Defense Properties remains a 'buy' due to its unique defense-focused portfolio, stable government demand, and strong tenant retention. CDP's 4% dividend is highly secure, with a 46% FFO payout ratio and ample retained cash flow to fund organic growth and development projects. Recent financials show 6% FFO growth, 95.6% defense portfolio occupancy, and 5.4% same-property NOI growth, underscoring operational strength. I expect 3-4% long-term revenue growth, 4-5% FFO growth, and a 10-11% total return, driven by differentiated assets and stable cash flows. Read the full article on Seeking Alpha
내러티브 업데이트 Jun 02

CDP: 2026 Leasing Strength And Guidance Will Support Undervalued Shares

Analysts have nudged their fair value estimate for COPT Defense Properties slightly higher, with the target moving from $35.38 to $35.63, citing recent upward revisions to Street price targets from firms that have raised their views by about $1 per share. Analyst Commentary Recent research updates around COPT Defense Properties have been measured rather than aggressive, with price targets moving higher by about $1 per share and one major firm, JPMorgan, now setting a target of $34.
내러티브 업데이트 Apr 23

CDP: 2026 Lease Retention And Dividend Path Will Guide Fairly Valued Shares

Analysts have revised the COPT Defense Properties price target slightly lower, from about $35.50 to roughly $35.38, reflecting updated views on lease retention risk and modestly revised assumptions for the discount rate, profit margin, and forward P/E. Analyst Commentary Recent Street research on COPT Defense Properties points to a mixed setup, with some analysts slightly more constructive on valuation and others focused on execution risk around future lease rollovers.
내러티브 업데이트 Apr 08

CDP: 2026 Lease Retention And Dividend Outlook Will Shape Potential Upside

Analysts raised their price target on COPT Defense Properties by $2 to $33, citing recent Street research that emphasizes the importance of considering 2026 lease expirations when assessing the REIT. Analyst Commentary Recent Street research around the new US$33 price target focuses heavily on how COPT Defense Properties handles 2026 lease expirations and what that could mean for valuation and execution over the next few years.
내러티브 업데이트 Mar 24

CDP: 2026 Lease Retention And Rising Dividend Are Expected To Drive Upside

Analysts have nudged their price targets for COPT Defense Properties higher, with recent moves to $33 and above grounded in expectations that management can effectively address 2026 lease expirations and maintain occupancy. Analyst Commentary Recent research notes on COPT Defense Properties focus heavily on how 2026 lease expirations and tenant retention could influence valuation over the next couple of years.
내러티브 업데이트 Mar 09

CDP: Lease Retention And Dividend Growth Will Shape Balanced Future Returns

The analyst price target for COPT Defense Properties has been nudged higher by $0.38 to $35.50, as analysts factor in updated assumptions around revenue growth, profit margins, discount rate and future P/E, following recent Street research price target increases from firms such as Truist, Citi and Cantor Fitzgerald. Analyst Commentary Recent Street research has centered on how lease retention, revenue growth assumptions and valuation inputs may shape the outlook for COPT Defense Properties, with several firms adjusting their price targets in response.
내러티브 업데이트 Feb 23

CDP: Defense Leasing And Dividend Increases Will Support Balanced Future Returns

Analysts have raised their price target on COPT Defense Properties by $1.75 to $35.13, citing updated assumptions for slightly higher revenue growth and a modestly lower discount rate, partly offset by adjusted profit margin and P/E expectations. Analyst Commentary Recent research has generally taken a constructive view on COPT Defense Properties, with multiple price target increases clustered around the low to mid US$30s.
내러티브 업데이트 Feb 08

CDP: Defense Leasing Pipeline And Stable REIT Conditions Will Support Premium Multiple

Analysts have nudged their fair value estimate for COPT Defense Properties up slightly to $33.38 from $33.25, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E, alongside recent Street research citing generally healthy REIT operating conditions. Analyst Commentary Recent Street research reflects a generally constructive tone on COPT Defense Properties, with the fair value adjustment and updated price targets grounded in current REIT operating conditions and the latest earnings season readthroughs.
내러티브 업데이트 Dec 25

CDP: AI Gateway Office Demand Will Support Premium Multiple At 33

Analysts have modestly lifted their price target on COPT Defense Properties to $33.00, citing resilient REIT sector fundamentals, slightly faster projected revenue growth, marginally better profit margins, and supportive demand trends tied to artificial intelligence driven office markets. Analyst Commentary Recent research updates reflect a broadly constructive stance on COPT Defense Properties, with price targets nudged higher alongside reaffirmed positive ratings.
내러티브 업데이트 Dec 11

CDP: Future AI Office Demand Will Support Premium Multiple At Raised 33 Price Level

Analysts have lifted their price target on COPT Defense Properties to $33.00 from a prior range of $30.00 to $32.00, citing resilient REIT operating trends and growing enthusiasm for AI driven demand in key office markets as support for maintaining a premium valuation multiple. Analyst Commentary Recent Street research on COPT Defense Properties reflects a generally constructive view on the company’s fundamentals and outlook, with multiple firms aligning around a $33 price target while differing somewhat on risk and execution assumptions.
내러티브 업데이트 Nov 27

CDP: Future Demand Will Reflect Stable Operations and Exposure to AI Sectors

Analysts have increased their price target for COPT Defense Properties from $32.57 to $33.25, citing stable operating conditions and favorable exposure to growth sectors such as artificial intelligence and prime office markets. Analyst Commentary Recent analyst updates reflect both confidence in COPT Defense Properties' positioning and a measured view of its near-term challenges.
내러티브 업데이트 Sep 18

Rising US Defense Spending Will Expand Mission Critical Lease Demand

A modest uptick in both the analyst price target and discount rate for COPT Defense Properties—despite an essentially unchanged future P/E—suggests a slightly more optimistic outlook with increased required returns, raising the fair value estimate to $32.57. What's in the News Raised full-year 2025 diluted EPS guidance to $1.30–$1.34 from $1.28–$1.34.
User avatar
새로운 내러티브 Mar 18

Expected Defense Budget Increase Will Spur Demand For SCIF Leases

Increased defense spending and demand for specialized spaces could drive revenue growth through higher occupancy and new leases.
Seeking Alpha Feb 13

COPT Defense: High Rates And DOGE Uncertainty Limit Upside

Summary COPT Defense Properties offers a unique defense real estate portfolio with high occupancy and a 4.2% dividend yield but faces growth headwinds from rising interest rates. CDP's specialized properties near key government facilities have strong demand, but uncertainties in defense spending and higher refinancing costs could limit future growth. It is unclear how much DOGE will seek to cut defense department headcount and spending, though Senate Republicans will likely limit cuts. Given current valuation and potential headwinds, CDP is a "hold"; I recommend waiting for shares to approach 10x FFO before buying. Read the full article on Seeking Alpha
Seeking Alpha Oct 23

COPT Defense Properties Is Just Getting Started

Summary COPT Defense Properties offers stable cash flow and growth potential due to its focus on specialized Defense/IT properties leased to U.S. government agencies and contractors. CDP has shown strong operating performance with robust same-property NOI growth and has robust guidance, supported by a well-occupied portfolio and solid balance sheet. Despite significant stock appreciation, CDP still offers value at a forward P/FFO of 12.6, with further upside potential from high tenant demand and development projects. Read the full article on Seeking Alpha
Seeking Alpha Jun 22

COPT Defense Properties: Not Your Average Office REIT

Summary COPT Defense Properties is a resilient office REIT with a focus on defense and IT tenants, leading to stable cash flows and high retention rates. The company benefits from long-term growth in defense spending, with a track record of meeting or exceeding guidance and a strong development pipeline. COPT trades at a premium to peers due to its high-quality tenants, steady growth, and lower leverage, making it a 'buy' for investors seeking reliable dividends. Read the full article on Seeking Alpha
Seeking Alpha Apr 10

COPT Defense Properties: Slow And Steady Growth

Summary COPT Defense Properties owns specialized defense properties with high renewal rates and rent roll-ups, positioning the company for 4%-5% growth. The company benefits from the stability of government and defense-related tenants, with reliable rent payments and high renewal rates. COPT funds its developments without issuing equity and has a clean balance sheet, improving its stability and growth potential. Read the full article on Seeking Alpha
Seeking Alpha Jan 30

COPT Defense Properties: A Solid Buy For Its Government Rent Checks

Summary COPT Defense Properties offers good value and income opportunity for long-term investors with its stable cash flow and solid dividend growth potential. CDP's focus on government-leased office properties in the defense sector provides stability in its tenant base. The company's development pipeline and undervaluation offer potential for above-market returns. Read the full article on Seeking Alpha

CEO 보수 분석

Steve Budorick의 보수는 COPT Defense Properties의 수익에 비해 어떻게 변했나요?
날짜총 보수급여회사 수익
Mar 31 2026n/an/a

US$156m

Dec 31 2025US$8mUS$799k

US$152m

Sep 30 2025n/an/a

US$150m

Jun 30 2025n/an/a

US$144m

Mar 31 2025n/an/a

US$141m

Dec 31 2024US$8mUS$785k

US$138m

Sep 30 2024n/an/a

US$137m

Jun 30 2024n/an/a

-US$116m

Mar 31 2024n/an/a

-US$121m

Dec 31 2023US$6mUS$775k

-US$75m

Sep 30 2023n/an/a

-US$58m

Jun 30 2023n/an/a

US$190m

Mar 31 2023n/an/a

US$192m

Dec 31 2022US$6mUS$774k

US$143m

Sep 30 2022n/an/a

US$105m

Jun 30 2022n/an/a

US$101m

Mar 31 2022n/an/a

US$110m

Dec 31 2021US$6mUS$750k

US$73m

Sep 30 2021n/an/a

US$140m

Jun 30 2021n/an/a

US$81m

Mar 31 2021n/an/a

US$63m

Dec 31 2020US$5mUS$752k

US$95m

Sep 30 2020n/an/a

US$58m

Jun 30 2020n/an/a

US$111m

Mar 31 2020n/an/a

US$194m

Dec 31 2019US$4mUS$698k

US$186m

보상 대 시장: Steve의 총 보수(USD7.58M)는 US 시장에서 비슷한 규모 기업의 평균(USD6.91M) 수준입니다.

보상과 수익: Steve의 보상은 지난 1년 동안 회사 실적과 일치했습니다.


CEO

Steve Budorick (66 yo)

10.2yrs
재임 기간
US$7,582,340
보수

Mr. Stephen E. Budorick, also known as Steve, has been the Chief Executive Officer, President and Director of COPT Defense Properties (formerly known as Corporate Office Properties Trust) since May 12, 201...


리더십 팀

이름직위재임 기간보수지분
Stephen Budorick
President10.2yrsUS$7.58m0.14%
$ 5.9m
Anthony Mifsud
Executive VP & CFO11.4yrsUS$3.04m0.060%
$ 2.6m
Britt Snider
Executive VP & COO2.6yrsUS$2.57m0.013%
$ 545.2k
Matthew Myers
Senior VP3.4yrs데이터 없음0.0097%
$ 422.6k
Venkat Kommineni
Vice President of Investor Relationsno data데이터 없음데이터 없음
David Finch
VP, General Counsel & Secretary15.5yrs데이터 없음데이터 없음
Sarah Rowland
Director of Human Resourcesno data데이터 없음데이터 없음
Dean Lopez
Senior Vice President of Development & Constructionno data데이터 없음데이터 없음
Frank Ziegler
Senior Vice President of New Business & Development Government Services20.4yrs데이터 없음데이터 없음
William Barroll
Managing SVP of Asset Management & Chief Business Officerno data데이터 없음데이터 없음
Michelle Layne
Senior Manager of Investor Relationsno data데이터 없음데이터 없음
10.8yrs
평균 재임 기간
55.5yo
평균 나이

경험이 풍부한 관리: CDP의 경영진은 노련하고 경험이 풍부합니다(평균 재임 10.8 년).


이사회 구성원

이름직위재임 기간보수지분
Stephen Budorick
President10.2yrsUS$7.58m0.14%
$ 5.9m
C. Pickett
Independent Trustee12.7yrsUS$217.54k0.036%
$ 1.5m
Philip Hawkins
Independent Trustee12.5yrsUS$215.48k0.013%
$ 583.4k
Robert Denton
Independent Chairman of the Board27.2yrsUS$283.74k0.0034%
$ 146.1k
Raymond Owens
Independent Trustee5.3yrsUS$199.74k0.00080%
$ 34.7k
Letitia Long
Independent Trustee5.8yrsUS$218.74k0.0024%
$ 104.0k
Lisa Trimberger
Independent Trustee8.8yrsUS$221.24k0.021%
$ 924.9k
Essye Miller
Independent Trustee3.8yrsUS$203.74k0.010%
$ 451.2k
9.5yrs
평균 재임 기간
66.5yo
평균 나이

경험이 풍부한 이사회: CDP의 이사회경험이 있음으로 간주됩니다(평균 재임 9.5 년).


기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/07/19 09:56
종가2026/07/17 00:00
수익2026/03/31
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

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산업 및 섹터 지표

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분석가 소스

COPT Defense Properties는 25명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
David RodgersBaird
Jing Xian Tan BonnelBofA Global Research
William CatherwoodBTIG