COPT Defense Properties (NYSE:CDP) Posts Earnings Results, Beats Expectations By $0.33 EPS

COPT Defense Properties (NYSE:CDP) posted its quarterly earnings data on Thursday. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.32 by $0.33, Zacks reports. COPT Defense Properties had a net margin of 18.34% and a return on equity of 8.99%. COPT Defense Properties updated its FY 2025 guidance to 2.620-2.700 EPS and its Q1 2025 guidance to 0.640-0.660 EPS.

COPT Defense Properties Price Performance

Shares of NYSE CDP traded down $0.36 during midday trading on Friday, reaching $29.38. The company’s stock had a trading volume of 589,043 shares, compared to its average volume of 821,450. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.38 and a current ratio of 2.38. The company has a market cap of $3.31 billion, a P/E ratio of 24.03 and a beta of 0.98. The business’s 50 day moving average price is $30.74 and its two-hundred day moving average price is $30.48. COPT Defense Properties has a fifty-two week low of $22.20 and a fifty-two week high of $34.22.

COPT Defense Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend was Tuesday, December 31st. COPT Defense Properties’s dividend payout ratio (DPR) is 96.72%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CDP shares. Jefferies Financial Group decreased their price objective on COPT Defense Properties from $37.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, January 2nd. Truist Financial raised their price target on shares of COPT Defense Properties from $31.00 to $33.00 and gave the stock a “hold” rating in a research note on Wednesday, December 4th. Evercore ISI boosted their price objective on shares of COPT Defense Properties from $33.00 to $36.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Finally, BTIG Research raised their target price on shares of COPT Defense Properties from $33.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $32.88.

About COPT Defense Properties

COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.