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    C

    COPT Defense Properties (CDP)

    Official site

    REAL ESTATE • REIT - OFFICE • NYSE

    $33.22
    +0.00 (+0.00%)

    Market Cap: $3.85B

    Last updated: Oct 16, 2026 at 1:54 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    67%(26/39)
    Avg Surprise
    +7.37%
    Streak
    5 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.35
    Range$0.35 - $0.35
    1 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.33+6.1%
    60d ago$0.33+6.1%
    30d ago$0.33+6.1%
    7d ago$0.33+6.1%
    Current$0.35
    Revenue Consensus
    $194M
    Range$190M - $198M
    2 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.46
    Range$0.43 - $0.48
    3 analysts
    Revenue Consensus
    $196M
    Range$178M - $215M
    4 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.46---
    Sep 26EST
    		-$0.35---
    Jun 26
    Reported Jul 27
    		$0.71$0.68+4.41%Beat+108.8%
    Mar 26
    Reported Apr 27
    		$0.34$0.32+6.25%Beat+9.7%
    Dec 25
    Reported Feb 5
    		$0.33$0.33+0.00%Beat+3.1%
    Sep 25
    Reported Oct 30
    		$0.35$0.35+0.00%Beat+6.1%
    Jun 25
    Reported Jul 28
    		$0.34$0.34+0.00%Beat-67.0%
    Mar 25
    Reported Apr 28
    		$0.31$0.33-6.06%Miss+3.3%
    Dec 24
    Reported Feb 6
    		$0.32$0.34-5.88%Miss+6.7%
    Sep 24
    Reported Oct 28
    		$0.33$0.32+3.13%Beat+0.0%
    Jun 24
    Reported Jul 29
    		$1.03$0.30+243.33%Beat+267.9%
    Mar 24
    Reported Apr 25
    		$0.30$0.28+7.14%Beat-57.1%
    Dec 23
    Reported Feb 8
    		$0.30$0.29+3.45%Beat+7.1%
    Sep 23
    Reported Oct 26
    		$0.33$0.27+22.22%Beat+13.8%
    Jun 23
    Reported Jul 28
    		$0.28$0.25+12.00%Beat-3.4%
    Mar 23
    Reported Apr 27
    		$0.70$0.40+75.00%Beat+159.3%
    Dec 22
    Reported Feb 9
    		$0.28$0.30-6.67%Miss+7.7%
    Sep 22
    Reported Oct 27
    		$0.29$0.25+16.00%Beat+16.0%
    Jun 22
    Reported Jul 28
    		$0.29$0.30-3.33%Miss+16.0%
    Mar 22
    Reported Apr 28
    		$0.27$0.27+0.00%Beat+12.5%
    Dec 21
    Reported Feb 10
    		$0.26$0.25+4.00%Beat+18.2%
    Sep 21
    Reported Oct 28
    		$0.25$0.26-3.85%Miss+186.2%
    Jun 21
    Reported Jul 29
    		$0.25$0.22+13.64%Beat+13.6%
    Mar 21
    Reported Apr 29
    		$0.24$0.23+4.35%Beat+4.3%
    Dec 20
    Reported Feb 4
    		$0.22N/A-60.00%Miss+10.0%
    Sep 20
    Reported Oct 29
    		$-0.29$-0.17-70.59%Miss-252.6%
    Jun 20
    Reported Jul 30
    		$0.22$0.19+15.79%Beat+10.0%
    Mar 20
    Reported Apr 30
    		$0.23$0.19+21.05%Beat+21.1%
    Dec 19
    Reported Feb 6
    		$0.20$0.17+17.65%Beat+25.0%
    Sep 19
    Reported Oct 28
    		$0.19$0.18+5.56%Beat+5.6%
    Jun 19
    Reported Jul 29
    		$0.20$0.18+11.11%Beat+5.3%
    Mar 19
    Reported Jun 29
    		$0.19$0.18+5.56%Beat+11.8%
    Dec 18
    Reported Mar 30
    		$0.16$0.19-15.79%Miss-15.8%
    Sep 18
    Reported Oct 25
    		$0.18$0.20-10.00%Miss-10.0%
    Jun 18
    Reported Jul 26
    		$0.19$0.19+0.00%Beat+90.0%
    Mar 18
    Reported Jun 29
    		$0.17$0.10+70.00%Beat+21.4%
    Dec 17
    Reported Mar 30
    		$0.19$0.28-32.14%Miss-24.0%
    Sep 17
    Reported Oct 26
    		$0.20$0.24-16.67%Miss-
    Jun 17
    Reported Jul 27
    		$0.10$0.18-44.44%Miss-
    Mar 17
    Reported Jun 29
    		$0.14$0.16-12.50%Miss-
    Dec 16
    Reported Mar 30
    		$0.25$0.22+13.64%Beat-

    Dividends

    Dividend Metrics

    Forward Yield3.85%
    Forward Annual Dividend$1.28
    Payout Ratio40.18%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+3.51%
    5Y CAGR+2.09%
    CDP dividend history and ex-dividend datesRun CDP in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio19.20EV/EBITDA14.40x
    Price/FCF47.31xFCF Yield2.11%
    Profitability
    Profit Margin20.80%Operating Margin32.20%
    ROE10.80%ROIC6.34%
    Financial Health
    Debt/Equity1.70xInterest Coverage2.80x
    Current Ratio1.19xQuick Ratio1.19x
    Trading Statistics
    Beta0.79Avg Volume989.62K
    52-Week High$38.5452-Week Low$26.01

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$33.45
    SMA 20$33.57
    SMA 50$34.96
    SMA 200$32.92
    EMA 10$33.45
    EMA 20$33.72
    EMA 50$34.44
    EMA 200$33.08

    MACD

    Line: -0.43Signal: -0.49Hist: 0.07

    ADX

    ADX: 41.5+DI: 10.0-DI: 22.3

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down60.0
    PSAR$35.09

    Bollinger Bands

    Upper Band$34.14
    Lower Band$33.00
    %B Position341%(Upper)
    Band Width0.19

    RSI (14-Day)

    Neutral
    36.6

    Momentum Oscillators

    Stoch %K31.4
    Stoch %D37.7
    Williams %R-75.6
    ROC (10d)-0.2%
    Momentum-0.05
    CCI (20d)-92.2
    MFI (14d)39.1

    Volatility Measures

    ATR (14d)$0.67(2.0%)
    StdDev (20d)0.29
    Hist Vol13.0%(Low)

    Volume Flow

    VWAP$33.32
    OBV17.2M
    AD Line-609.4M
    CMF (20d)-0.624

    Volume Metrics

    Avg Vol (20d)1.0M
    Vol Ratio0.6x
    VWMA (20d)$33.61

    Pivot Points

    R3$34.02
    R2$33.83
    R1$33.52
    Pivot Point$33.33
    S1$33.02
    S2$32.83
    S3$32.52

    Advanced Oscillators

    TSI-25.66
    Ultimate Osc41.4
    KST-48.14

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$197.39M$200.64M$197.36M$188.79M$189.91M$187.86M$183.43M$189.22M$187.34M$193.27M$178.30M$169.88M
    Cost of Revenue$72.59M$81.44M$74.62M$70.36M$66.92M$72.04M$66.96M$68.88M$63.41M$66.75M$118.48M$0
    Gross Profit$124.81M$119.20M$122.74M$118.44M$123.00M$115.82M$116.47M$120.34M$123.93M$126.52M$178.30M$169.88M
    Operating Expenses$61.58M$60.30M$64.41M$57.59M$63.36M$60.92M$62.18M$65.85M$69.81M$76.11M$129.81M$374.27M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$13.26M$12.65M$11.74M$12.03M$11.91M$12.16M$11.84M$11.42M$12.03M$11.75M$11.35M$10.58M
    Operating Income$63.23M$58.90M$58.34M$60.84M$59.64M$54.90M$54.29M$54.49M$54.13M$50.41M$48.49M$-204,389,000
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$24.44M$24.00M$24.39M$20.89M$20.94M$20.50M$20.39M$20.38M$20.62M$20.77M$20.38M$17.80M
    Income Before Tax$48.20M$38.86M$39.25M$42.54M$39.93M$35.96M$36.23M$37.44M$36.40M$33.77M$35.18M$-220,987,000
    Income Tax Expense$34,000$124,000$115,000$612,000$117,000$103,000$-24,000$130,000$14,000$168,000$121,000$152,000
    Net Income$48.56M$40.14M$39.40M$43.74M$40.17M$36.23M$36.47M$37.40M$36.41M$33.67M$34.82M$-221,207,000
    EBITDA$117.27M$108.00M$108.43M$106.22M$102.62M$98.08M$97.74M$98.44M$97.44M$95.19M$93.17M$-162,236,000
    EBIT$72.64M$62.85M$63.64M$63.44M$60.87M$56.46M$56.62M$57.82M$57.01M$54.54M$54.13M$-201,860,000
    * Some calculated fields are derived from available data when not provided by source

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    News

    COPT Defense Properties $CDP Shares Newly Bought by Fort Washington Investment Advisors Inc. OH

    Fort Washington Investment Advisors Inc. OH recently acquired 839,223 shares of COPT Defense Properties (NYSE:CDP) valued at approximately $28 million...

    MarketBeat•10/16/26•Bullish

    Wells Fargo reiterates USD 41.00 target for COPT Defense Properties stock

    Wells Fargo has reiterated a Buy rating and a USD 41.00 price target for COPT Defense Properties (CDP). The company is scheduled to release its third-quarter 2026 earnings on October 30, 2026. As of October 15, 2026...

    ad-hoc-news.de•10/15/26•Bullish

    COPT Defense Properties (CDP) Stock Forecasts

    Argus has lowered its target price for COPT Defense Properties (CDP) to $35.00. CDP is a REIT specializing in properties near U.S. Government defense installations. The current stock price is $33.48.

    Yahoo! Finance Canada•10/11/26•Somewhat-Bearish

    State Street raises stake in COPT Defense Properties stock

    State Street has increased its stake in COPT Defense Properties, adding 34,561 shares to reach 6.06% ownership during the second quarter. The real estate company completed 408,000 square feet of vacancy leasing by...

    AD HOC NEWS•10/8/26•Bullish

    Is COPT Defense Properties (CDP) Undervalued Following Its Recent Share Price Pullback?

    COPT Defense Properties (CDP) has experienced a recent share price pullback, yet its long-term performance remains strong...

    Simply Wall Street•10/8/26•Bullish

    CDP Valuation and Fair Value

    P/E
    19.2x
    Forward P/E
    38.2x
    EV/EBITDA
    14.4x
    P/FCF
    47.3x
    PEG
    1.0x
    P/B
    2.5x
    See GNG's fair value

    CDP Profitability: Margins, ROIC and FCF

    Gross margin
    61.9%
    Operating margin
    32.2%
    Net margin
    20.8%
    ROIC
    6.3%
    ROE
    10.8%
    FCF margin
    10.2%
    FCF yield
    2.1%

    CDP Competitors

    CompanyTicker
    Apple Hospitality REIT IncAPLE
    Broadstone Net Lease IncBNL
    Americold Realty TrustCOLD
    St Joe CompanyJOE
    Kilroy Realty CorpKRC
    LXP Industrial TrustLXP
    Tanger Factory Outlet Centers IncSKT
    Independence Realty Trust IncIRT

    Sector: Real Estate

    CDP Analyst Ratings

    Consensus
    Buy
    Analysts
    8
    Strong Buy
    0
    Buy
    5
    Hold
    3
    Sell
    0
    Strong Sell
    0

    CDP Bull Case vs Bear Case

    Bull case

    • CDP has a 20.8% net profit margin.
    • 62.5% of CDP's analyst ratings are Buy or Strong Buy.

    Bear case

    • CDP beat EPS estimates in 37.5% of its last 8 reported quarters.

    CDP Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    0.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.35
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    CDP Dividend

    Forward yield
    3.9%
    Payout ratio
    40.2%
    3Y DPS growth
    3.5%
    5Y DPS growth
    2.1%
    Pay months
    Jan, Apr, Jul, Oct
    CDP dividend history

    Frequently Asked Questions About CDP

    What is CDP's current dividend yield?

    COPT Defense Properties (CDP) has a forward dividend yield of 3.85%.

    Does CDP pay dividends?

    Yes, COPT Defense Properties pays dividends with a forward dividend yield of 3.85%.

    What is CDP's P/E ratio?

    COPT Defense Properties has a price-to-earnings (P/E) ratio of 19.20.

    What is CDP's market cap?

    COPT Defense Properties (CDP) has a market capitalization of $3.85B with a current stock price of $33.22.

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    Sector: Real Estate

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