CDP

COPT Defense Properties

Add to Watchlist

Advanced Chart

28.070

-0.31(-1.092%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

28.400

Open

28.390

VWAP

28.06

Vol

556.32K

Mkt Cap

3.17B

Low

27.860

Amount

15.61M

EV/EBITDA(TTM)

26.00

Total Shares

112.88M

5.66B

EV/OCF(TTM)

17.06

P/S(TTM)

4.29

COPT Defense Properties is a fully integrated and self-managed real estate investment trust (REIT). It is focused on owning, operating, and developing properties in locations proximate to, or sometimes containing, key United States Government (USG) defense installations and missions (referred to as its Defense/IT Portfolio). Its tenants include the USG and their defense contractors, who are engaged in priority national security activities, and who require mission-critical and high-security property enhancements. Its Defense/IT Portfolio includes approximately 195 operating properties totaling 22.4 million square feet comprising 16.5 million square feet in 164 office properties and 5.9 million square feet in 31 single-tenant data center shells; four properties under development (two office properties and two data center shells) that total 606,000 square feet upon completion, and approximately 1,020 acres of land controlled that could be developed into 11.0 million square feet.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

186.55M

-0.42%

190.76M

+0.81%

193.19M

+5.32%

Estimates Revision

The market is revising Downward the revenue expectations for COPT Defense Properties (CDP) for FY2025, with the revenue forecasts being adjusted by -0.24% over the past three months. During the same period, the stock price has changed by 5.92%.

Revenue Estimates for FY2025

Revise Downward

-0.24%

In Past 3 Month

Stock Price

Go Up

+5.92%

In Past 3 Month

5 Analyst Rating

9.73% Upside

Wall Street analysts forecast CDP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CDP is 30.80 USD with a low forecast of 30.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

2 Hold

0 Sell

Moderate Buy

9.73% Upside

Current: 28.070

Low

30.00

Averages

30.80

High

34.00

9.73% Upside

Current: 28.070

Low

30.00

Averages

30.80

High

34.00

Truist

Hold

maintain

$29 -> $30

2025-06-09

Reason

Truist

Price Target

$29 -> $30

2025-06-09

maintain

Hold

Reason

Truist raised the firm's price target on COPT Defense Properties to $30 from $29 and keeps a Hold rating on the shares. The firm is modeling 91.9% consolidated occupancy at year-end 2025, versus 92.3% at Q1, and a low-single-digit positive GAAP rent spread. The analyst raised COPT's 2025 funds from operations estimate by 1c to match the midpoint of management's guidance.

Jefferies

Peter Abramowitz

Strong Buy

Initiates

$31

2025-03-17

Reason

Jefferies

Peter Abramowitz

Price Target

$31

2025-03-17

Initiates

Strong Buy

Reason

Jefferies

Peter Abramowitz

Strong Buy

Maintains

$37 → $35

2025-01-02

Reason

Jefferies

Peter Abramowitz

Price Target

$37 → $35

2025-01-02

Maintains

Strong Buy

Reason

Truist Securities

Michael Lewis

Hold

Maintains

$31 → $33

2024-12-04

Reason

Truist Securities

Michael Lewis

Price Target

$31 → $33

2024-12-04

Maintains

Hold

Reason

BTIG

Thomas Catherwood

Strong Buy

Maintains

$33 → $38

2024-11-27

Reason

BTIG

Thomas Catherwood

Price Target

$33 → $38

2024-11-27

Maintains

Strong Buy

Reason

Meeting to be held in New York on December 3 hosted by BTIG.

Evercore ISI Group

Steve Sakwa

Buy

Maintains

$33 → $36

2024-10-30

Reason

Evercore ISI Group

Steve Sakwa

Price Target

$33 → $36

2024-10-30

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for COPT Defense Properties (CDP.N) is 21.50, compared to its 5-year average forward P/E of 17.03. For a more detailed relative valuation and DCF analysis to assess COPT Defense Properties 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

17.03

Current PE

21.50

Overvalued PE

49.02

Undervalued PE

-14.96

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

15.01

Current EV/EBITDA

14.02

Overvalued EV/EBITDA

16.12

Undervalued EV/EBITDA

13.91

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

4.21

Current PS

4.13

Overvalued PS

4.63

Undervalued PS

3.78