COPT Defense Properties
CDP
NYSE·Real Estate·REIT - Office·Mkt cap $4.0B
$35.16
▼ -0.40%
P/E
24.25
Mkt Cap
$4.0B
52-Wk Range
$27.06–$38.90
52-Week Range
$27.06 - $38.90
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 15.3% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Strategic geographic focus on defense and national security hubs with durable, mission-critical demand
- Long-term government tenant relationships and contracts providing stable, predictable cash flows
- High occupancy rates (95%) and strong fundamentals in resilient Defense/IT real estate markets
- Expertise in data center and specialized office properties serving growing IT and cybersecurity missions
Bear Case
1 risk
- Low volatility (beta 0.8).
Growth
Stable outlook
Increasing U.S. Government spending on defense modernization and cybersecurity infrastructure
Value
Undervalued - trading well below Office REITs peers
Momentum
Strong
+6.9% over 3m
Quality
Stable
Strong fundamentals
Dividend
Solid
3.56% yield
Smart-money signal
Who's buying CDP right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 29, 2026
JUL 27, 2026
Reported EPS of $0.40 vs $0.33 consensus (+21.6% surprise). Revenue of $188.8M vs $189.4M expected (-0.3%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+21.6%
Revenue trend · last 8Q
—
+2%
-3%
+1%
-0%
+8%
+7%
+4%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$189.2M
$183.4M
$187.9M
$189.9M
$188.8M
$197.4M
$200.6M
$197.4M
Margins · last 8Q
Gross
—
Operating
94.1%
Profit
23.5%
Wall Street consensus
4 analysts · 75% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
75%
Hold
25%
Sell
0%
Median Price Target
—
Latest: Wells Fargo · Sep 1, 2026
vs Industry
How CDP stacks vs REIT - Office
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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