23.63

3.41% +0.78

COPT Defense Properties (CDP)

Overview News Price History Option Chain Discussions Forecast Dividend History

COPT Defense Properties stock is currently priced at $23.63, with a 24-hour trading volume of 1.81M. It has seen a +3.41% increased in the last 24 hours and a -0.04% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $22.77 pivot point. If it approaches the $23.39 resistance level, significant changes may occur.

Previous Close:

$22.85

Open:

$23.08

24h Volume:

1.81M

Market Cap:

$2.66B

Revenue:

$684.98M

Net Income/Loss:

$-73.47M

P/E Ratio:

EPS:

Net Cash Flow:

$255.77M

1W Performance:

+3.78%

1M Performance:

-0.04%

6M Performance:

+0.68%

1Y Performance:

+0.00%

1D Range:

$22.73

$23.88

52W Range:

$22.20

$26.33

COPT Defense Properties Stock (CDP) Company Profile

Name

COPT Defense Properties

Sector

Real Estate (265)

Industry

REIT - Office (9)

Phone

443 285 5400

Address

6711 Columbia Gateway Drive, Suite 300, Columbia

Employee

395

Twitter

Next Earnings Date

2024-05-09

Latest SEC Filings

CDP's Discussions on Twitter

COPT Defense Properties Stock (CDP) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Feb-12-24	Upgrade	Evercore ISI	In-line → Outperform
Dec-18-23	Downgrade	JP Morgan	Overweight → Neutral
Oct-03-23	Initiated	Wedbush	Outperform
Sep-14-22	Downgrade	Truist	Buy → Hold
Jun-23-22	Downgrade	Evercore ISI	Outperform → In-line
Jan-13-22	Downgrade	KeyBanc Capital Markets	Sector Weight → Underweight
Jan-10-22	Downgrade	Jefferies	Buy → Hold
Mar-15-21	Upgrade	Truist	Hold → Buy
Jan-11-21	Upgrade	Mizuho	Neutral → Buy
Dec-15-20	Upgrade	Citigroup	Neutral → Buy
Dec-10-20	Upgrade	Wells Fargo	Equal Weight → Overweight
Oct-27-20	Upgrade	Raymond James	Mkt Perform → Outperform
Aug-13-20	Downgrade	Robert W. Baird	Outperform → Neutral
Jul-09-20	Upgrade	KeyBanc Capital Markets	Underweight → Sector Weight
Jul-02-20	Upgrade	JP Morgan	Neutral → Overweight
Apr-06-20	Upgrade	BofA/Merrill	Neutral → Buy
Feb-04-20	Resumed	Mizuho	Neutral
Feb-03-20	Upgrade	CapitalOne	Equal Weight → Overweight
Oct-08-19	Downgrade	JP Morgan	Overweight → Neutral
Apr-23-19	Downgrade	KeyBanc Capital Markets	Sector Weight → Underweight
Jan-09-19	Upgrade	Robert W. Baird	Neutral → Outperform
Jan-04-19	Upgrade	Stifel	Sell → Hold
Dec-19-18	Upgrade	JP Morgan	Neutral → Overweight

View All

COPT Defense Properties Stock (CDP) Latest News

COPT Defense (CDP) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

COPT Defense Properties Stock (CDP) Financials Data

COPT Defense Properties (CDP) Revenue 2024

CDP reported a revenue (TTM) of $684.98 million for the quarter ending December 31, 2023, a -7.31% decline year-over-year.

COPT Defense Properties (CDP) Net Income 2024

CDP net income (TTM) was -$73.47 million for the quarter ending December 31, 2023, a -142.46% decrease year-over-year.

COPT Defense Properties (CDP) Cash Flow 2024

CDP recorded a free cash flow (TTM) of $255.77 million for the quarter ending December 31, 2023, a +11.47% increase year-over-year.

COPT Defense Properties (CDP) Earnings per Share 2024

CDP earnings per share (TTM) was -$0.6701 for the quarter ending December 31, 2023, a -143.80% decline year-over-year.

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what the Company believes are growing, durable, priority missions (“Defense/IT Locations”). The Company also owns a portfolio of office properties located in select urban submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of June 30, 2023, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 24 properties owned through unconsolidated joint ventures, COPT's core portfolio of 192 properties encompassed 22.9 million square feet and was 95% leased.