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StockVS

NYSE · REIT - Office · USD

COPT Defense Properties (CDP) Stock Analysis

COPT Defense Properties (CDP) is a REIT - Office stock listed on NYSE and quoted in US Dollar.

CDP

$35.16

−$0.14 (−0.40%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CDP Key Statistics

As of Sep 4, 2026
Trading
Open
$34.97
Previous Close
$35.30
Day's Range
34.79–35.67
52-Week Range
27.06–38.90
Volume
537.10K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.78
Valuation
Market Cap
$4.07B
P/E Ratio
24.42
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
24.08
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.02
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.17
EPS (ttm)Profit attributable to each share over the last twelve months.
1.44
Financials (FY)
Revenue (FY)
$763.92M+1.41%
Net Income (FY)
$152.32M+9.64%
Profit marginThe share of revenue left as profit after all costs and taxes.
20.84%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
113.41M
1-Year Return
+20.40%
Dividend and dates
Dividend
$1.28+3.63%
Ex-Dividend Date
September 30, 2026
Earnings Date
October 29, 2026estimated
Avg Volume
954.34K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

CDP Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+28.92%
2025−6.17%
2024+26.17%
2023+3.65%
2022−3.26%
2021+11.61%
2020−7.07%
2019+45.28%
2018−24.78%
2017−3.24%
2016 (partial year)+7.52%

As of September 4, 2026.

CDP Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$763.92M$152.32M19.9%
2024$753.27M$138.93M18.4%
2023$684.98M−$73.47M−10.7%
2022$739.03M$173.03M23.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$763.92M$278.21M$230.37M$152.32M19.9%
2024$753.27M$260.36M$213.32M$138.93M18.4%
2023$684.98M$231.23M$188.46M−$73.47M−10.7%
2022$739.03M$220.41M$181.42M$173.03M23.4%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

CDP Dividend History

$1.22+3.4% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.642—
2025$1.224+3.4%
2024$1.184+3.5%
2023$1.144+3.6%
YearDividends per sharePaymentsChange
2026 (partial year)$0.642—
2025$1.224+3.4%
2024$1.184+3.5%
2023$1.144+3.6%
2022$1.104+0.0%
2021$1.104+0.0%
2020$1.104+0.0%
2019$1.104+0.0%
2018$1.104+0.0%
2017$1.104+100.0%
2016$0.552—

Most recent payment: $0.32 per share, ex-dividend June 30, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

CDP Valuation vs REIT - Office Median

Median of 22 stocks
MetricCDPREIT - Office medianvs median
P/E24.4240.2339% below
P/S ratio5.173.1962% above
Profit margin20.84%−16.72%37.6 pts above

Medians across 22 REIT - Office stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 14 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

COPT Defense Properties (CDP) is capitalised at $4.07B on the latest close. It is classified in the REIT - Office industry, within the Real Estate sector. The company reports 430 employees.

CDP last closed at $35.16 on September 4, 2026. That is −$0.14 (−0.40%) against the previous close. Over the past 52 weeks the price has ranged from $27.06 to $38.90. The latest close sits 29.93% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $763.92M. Against the prior fiscal year total of $753.27M, that is a change of +1.41%. Net income for the same year was $152.32M. That is +9.64% against the prior fiscal year. Profit margin runs at 20.84%. That is 37.6 percentage points above the REIT - Office median of −16.72%. Earnings per share on a trailing basis come to 1.44.

Across the 4 fiscal years on file, revenue moves from $739.03M in 2022 to $763.92M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 24.42. That is 39.3% below the REIT - Office median of 40.23. On forward earnings the ratio is 24.08. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.02. Measured against sales, the shares trade at 5.17 times revenue. On price-to-sales that is 62.02% above the REIT - Office median of 3.19. The medians here are taken across 22 REIT - Office companies that report the metric.

The trailing one-year price return is +20.40%. Across 10 years the annualized return works out at +6.35%. The reported beta is 0.78. Daily returns over the trailing 10 years annualize to a volatility of 26.37%.

Growth & Income

The trailing dividend yield is 3.63%. That is 0.9 percentage points below the REIT - Office median yield of 4.5%. The indicated annual rate is $1.28 a share. The ex-dividend date on file is September 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.64 a share. The year before, 2025, totalled $1.22 a share.

The strongest complete calendar year on file is 2019 at +45.28%; the weakest is 2018 at −24.78%. Of the 9 complete calendar years on file, 4 finished higher. So far in 2026 the price is +28.92%.

Peer Comparison

COPT Defense Properties (CDP) operates in the REIT - Office industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
COPT Defense Properties CDP $4.07B 24.4
BXP, Inc. BXP $12.24B 36.6
Alexandria Real Estate Equities, Inc. ARE $9.06B —
Vornado Realty Trust VNO $7.25B 1219.7

The REIT - Office industry average P/E ratio is 40.2x. COPT Defense Properties trades at a P/E of 24.4.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About COPT Defense Properties

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 June 30, 2026, the Company's Defense/IT Portfolio of 202 properties, including 24 owned through unconsolidated joint ventures, encompassed 23.3 million square feet and was 96.4% leased. COPT Defense Properties was incorporated in 1988 and is based in Columbia, United States.

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