COPT Defense Properties (NYSE:CDP - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.33, Zacks reports. COPT Defense Properties had a return on equity of 9.08% and a net margin of 18.44%. 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 Stock Down 2.3 %
NYSE CDP traded down $0.68 during trading hours on Monday, hitting $28.83. 1,081,538 shares of the company traded hands, compared to its average volume of 877,017. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 23.43 and a beta of 0.98. COPT Defense Properties has a twelve month low of $22.20 and a twelve month high of $34.22. The business's 50-day moving average is $30.67 and its 200-day moving average is $30.54. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.38 and a current ratio of 2.38.
COPT Defense Properties Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.295 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.18 annualized dividend and a yield of 4.09%. COPT Defense Properties's payout ratio is presently 95.93%.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on CDP. BTIG Research upped their price target on shares of COPT Defense Properties from $33.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, November 27th. Evercore ISI increased their target price on COPT Defense Properties from $33.00 to $36.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Jefferies Financial Group dropped their price target on COPT Defense Properties from $37.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, January 2nd. Finally, Truist Financial upped their price objective on COPT Defense Properties from $31.00 to $33.00 and gave the stock a "hold" rating in a research report on Wednesday, December 4th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $32.88.
Check Out Our Latest Stock Analysis on CDP
COPT Defense Properties Company Profile
(
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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.
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