Real Estate
COPT Defense Properties Common Shares of Beneficial Interest(CDP)
Live Price
Offline$33.25
-2.09% today
1Y Change
+19.60%
Window
Jun 25, 2025 β Jun 17, 2026
- Market Cap
- $3.51B
- Revenue Growth
- +1.4%
- EPS Growth
- +9.8%
- Dividend Yield
- 4.0%
Coverage: 246 bars Β· Jun 25, 2025 β Jun 17, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
COPT Defense Properties Common Shares of Beneficial Interest (CDP) is a Real Estate stock with a market cap of $3.51B and listed on NYSE. The stock last traded around $33.25 and up 19.6% across the available one-year price window (Jun 25, 2025 β Jun 17, 2026). Baseline metrics include revenue growth of +1.4%, EPS growth of +9.8%, a dividend yield of 4.0%. What stands out right now is revenue +1.4%, EPS +9.8%, free cash flow -15.3% with operating margin 30.1% and ROIC 5.2%. The dividend matters to the case here, with a current yield around 4.0%. Valuation sits in the middle of the pack at P/E 22.4 and price/sales 4.5. Stock Foundry combines CDP price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
+1.4% vs +11.4% peer median
Operating Margin
Below sector median
+30.1% vs +59.6% peer median
P/E
Above sector median
22.4 vs 19.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 27, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +1.4% and EPS at +9.8%, with operating margin around 30.1%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 4.0%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -0.1% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS Ξ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 27, 2026 | β | -0.7% | -5.2% | +0.2% |
2026 Feb 5, 2026 | +112.1% | +1.4% | -0.7% | +0.2% |
2025 Oct 30, 2025 | +1.5% | +3.1% | +5.7% | +12.5% |
Benchmark Edge
CDP vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
CDP
β
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
CDP Max Drawdown
-11.64%
Trailing 1Y
SPY Max Drawdown
β
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for CDP and SPY.
Company Overview
COPT Defense Properties Common Shares of Beneficial Interest
NYSE
COPT Defense Properties is a real estate investment trust (REIT) that specializes in owning, operating, and developing mission-critical office buildings and data centers, primarily serving the U.S. government and major defense contractors. Headquartered in Columbia, Maryland, the companyβs portfolio consists mainly of properties located in proximity to key U.S. defense installations in the suburbs of the Washington, D.C. metropolitan area. As of December 31, 2024, COPT Defense Properties owned 164 office buildings totaling 16.5 million square feet and 31 single-tenant data centers encompassing 5.9 million square feet. The firmβs tenants are heavily weighted toward entities engaged in national security, including government agencies such as the General Services Administration and major industry names like Amazon, General Dynamics, and Northrop Grumman. COPT Defense Properties plays a critical role in supporting defense, cybersecurity, and secure data operations, making it a significant infrastructure partner for sectors with heightened security and operational requirements within the U.S. defense ecosystem.
- Leadership
- Mr. Stephen E. Budorick
- Employees
- 430
- Street Address
- 6711 Columbia Gateway Drive, Suite 300
- Mailing
- Columbia, MD, 21046-2383
- Region
- Columbia, MD, United States
- Last Updated
- May 7, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 22.4
- EV/EBITDA
- 14.7
- Price/Sales
- 4.5
- Price/Book
- 2.2
Growth
- Revenue
- +1.4%
- EPS
- +9.8%
- Free Cash Flow
- -15.3%
Profitability
- Gross Margin
- 31.9%
- Operating Margin
- 30.1%
- Net Margin
- 20.1%
- ROE
- 10.3%
- ROIC
- 5.2%
Balance Sheet
- Debt/Equity
- 1.65
- Current Ratio
- β
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.