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COPT Defense Properties Stock Price

NYSE:CDP Community·US$4.0b Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 3 Fair Values set on narratives written by author

CDP Share Price Performance

US$34.54
5.94 (20.77%)
US$35.63
Fair Value
US$34.54
5.94 (20.77%)
3.0% undervalued intrinsic discount
US$35.63
Fair Value
Price US$34.54
AnalystConsensusTarget US$35.63

CDP Community Narratives

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Fair Value US$35.63 3.0% undervalued intrinsic discount

Rising US Defense Spending Will Expand Mission Critical Lease Demand

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US$35.63
3.0% undervalued intrinsic discount
Revenue
3.69% p.a.
Profit Margin
19.83%
Future PE
29.11x
Price in 2029
US$44.31

Trending Discussion

Updated Narratives

CDP logo

CDP: 2026 Leasing Strength And Guidance Will Support Undervalued Shares

Fair Value: US$35.63 3.0% undervalued intrinsic discount
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Snowflake Analysis

Solid track record established dividend payer.

2 Risks
3 Rewards

COPT Defense Properties Key Details

US$780.5m

Revenue

US$329.1m

Cost of Revenue

US$451.4m

Gross Profit

US$295.9m

Other Expenses

US$155.5m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
1.38
57.83%
19.93%
160.0%
View Full Analysis

About CDP

Founded
1988
Employees
430
CEO
Stephen Budorick
WebsiteView website
www.copt.com

COPT Defense Properties, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government defense installations and missions (referred to as its Defense/IT Portfolio). The Company’s tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of March 31, 2026, the Company’s Defense/IT Portfolio of 201 properties, including 24 owned through unconsolidated joint ventures, encompassed 23.2 million square feet and was 96.4% leased. COPT Defense Properties was incorporated in 1988 and is based in Columbia, United States.

Recent CDP News & Updates

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
Narrative Update 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.

Recent updates

No updates