COPT Defense Properties

CDP

US22002T1088

Commercial REITs

Real-time Estimate Cboe BZX Other stock markets 12:02:55 2024-05-06 pm EDT			5-day change	1st Jan Change
24.68 ^USD	+0.37%		+3.39%	-3.55%

Apr. 29	Wedbush Adjusts COPT Defense Properties' Price Target to $28 From $27, Keeps Outperform Rating	MT
Apr. 26	Transcript : COPT Defense Properties, Q1 2024 Earnings Call, Apr 26, 2024

COPT Defense Properties Revises Earnings Guidance for the Year Ending December 31, 2024

April 25, 2024 at 04:16 pm EDT

COPT Defense Properties revised earnings guidance for the year ending December 31, 2024. For the year, the company expects revised diluted EPS to be in the range of 1.19 to $1.25 compared to previously expected diluted EPS to be in the range of $1.15 to $1.23.

Latest news about COPT Defense Properties

Wedbush Adjusts COPT Defense Properties' Price Target to $28 From $27, Keeps Outperform Rating	Apr. 29	MT
Transcript : COPT Defense Properties, Q1 2024 Earnings Call, Apr 26, 2024	Apr. 26
Earnings Flash (CDP) COPT DEFENSE PROPERTIES Posts Q1 Revenue $193.3M	Apr. 25	MT
COPT Defense Properties Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
COPT Defense Properties Acquires 202,000 Square Foot Building in Columbia, MD	Apr. 25	CI
COPT Defense Properties Provides Earnings Guidance for the Second Quarter Ending June 30, 2024	Apr. 25	CI
COPT Defense Properties Revises Earnings Guidance for the Year Ending December 31, 2024	Apr. 25	CI
COPT Defense Properties acquired 202,000 square foot Class A building, located in Columbia, Maryland for $15 million.	Apr. 24	CI
Citigroup Downgrades COPT Defense Properties to Neutral From Buy, Adjusts Price Target to $25 From $29	Mar. 22	MT
Transcript : COPT Defense Properties Presents at Citi's 2024 Global Property CEO Conference, Mar-04-2024 11:40 AM	Mar. 04
COPT Defense Properties Lifts Dividend to $0.295 per Share From $0.285, Payable April 17 to Holders as of March 29	Feb. 23	MT
COPT Defense Properties Declares Regular Dividend for the First Quarter Ending March 31, 2024, Payable on April 17, 2024	Feb. 22	CI
Jefferies Upgrades COPT Defense Properties to Buy From Hold, Raises Price Target to $28 From $26	Feb. 21	MT
Evercore ISI Upgrades COPT Defense Properties to Outperform From In Line, Adjusts PT to $28 From $27	Feb. 12	MT
Transcript : COPT Defense Properties, Q4 2023 Earnings Call, Feb 09, 2024	Feb. 09
COPT Defense Properties Q4 Adjusted Funds From Operations, Revenue Rise; Issues Q1, Full-Year 2024 Guidance	Feb. 09	MT
COPT Defense Properties Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 08	CI
COPT Defense Properties Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 08	CI
Earnings Flash (CDP) COPT DEFENSE PROPERTIES Posts Q4 Revenue $179.7M	Feb. 08	MT
COPT Defense Properties Provides Earnings Guidance for the First Quarter Ending March 31, 2024 and Full Year Ending December 31, 2024	Feb. 08	CI
COPT Defense Properties Says Exceeds 2023 Development Leasing Guidance	Jan. 11	MT
COPT Defense Properties Board Names Robert Denton Sr. as Chair	Jan. 05	MT
Truist Securities Adjusts Price Target on COPT Defense Properties to $27 From $28, Maintains Hold Rating	Dec. 21	MT
COPT Defense Appoints Britt A. Snider as Executive Vice President and Chief Operating Officer, Effective December 1, 2023	Nov. 13	CI
BofA Securities Adjusts Price Target on COPT Defense Properties to $30 From $35, Maintains Buy Rating	Nov. 13	MT

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Company Profile

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 segment consists of approximately 193 properties, including 24 owned through unconsolidated joint ventures, encompassed 22.0 million square feet. Its Defense/IT Portfolio sub-segments includes Fort George G. Meade and the Baltimore/Washington Corridor; Northern Virginia Defense/IT Locations; Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy; Redstone Arsenal in Huntsville, Alabama, and data center shells in Northern Virginia.

Sector

Commercial REITs

Calendar

2024-05-09 - Annual General Meeting

Related indices

Russell 2000

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Ratings for COPT Defense Properties

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

24.59 USD

Average target price

28.3 USD

Spread / Average Target

+15.09%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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Sector Office REITs

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