COPT Defense Properties
COPT Defense Properties
Your view on CDP
Overview
What the company does, where it operates, and who runs it.
About COPT Defense Properties
- Industry
- REIT - Office
- Sector
- Real Estate
- CEO
- Stephen E. Budorick
- Headquarters
- 6711 Columbia Gateway Drive, Columbia, MD, US
- Industry
- REIT - Office
- Sector
- Real Estate
- CEO
- Stephen E. Budorick
- Headquarters
- 6711 Columbia Gateway Drive, Columbia, MD, US
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.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for COPT Defense Properties, and the rating behind it. CDP last traded at $35.43, 24.3× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for COPT Defense Properties. Starting points for COPT Defense Properties: P/E 24.3, EPS $1.45, beta 0.78 — an REIT - Office name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for COPT Defense Properties. COPT Defense Properties paid $1.25 per share over the last year — a 3.5% yield at the current $35.43 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for COPT Defense Properties. Trailing twelve-month EPS for COPT Defense Properties stands at $1.45. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for COPT Defense Properties. COPT Defense Properties has reported as a listed company since 1991. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
COPT Defense Properties valued side by side against its closest peers. COPT Defense Properties is measured against REIT - Office peers within the Real Estate sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold COPT Defense Properties, and how their positions are changing. At a $4.02B market value, institutional positions materially move COPT Defense Properties's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by COPT Defense Properties executives and directors. Shares of COPT Defense Properties have traded between $23.92 and $33.49 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming COPT Defense Properties. COPT Defense Properties is a $4.02B Real Estate company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming COPT Defense Properties. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for COPT Defense Properties. Coverage tracks COPT Defense Properties within REIT - Office (Real Estate). Press releases and market coverage, newest first.