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COPT Defense Properties (CDP)

Real Estate | REIT - Office | Columbia, United States | NYSE
32.49 USD -0.14 (-0.429%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 32.80 +0.31 (0.954%) ⇧ (April 17, 2026, 6:29 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 1:23 p.m. EDT

COPT Defense Properties (CDP) appears to be a solid long-term investment with a strong dividend yield and consistent payout history, making it attractive for income-focused investors. The recent price movements show a slight uptrend, and the current price is near the 52-week high, suggesting a potential buying opportunity for short-term traders. However, the options market indicates mixed signals, with some caution from put options and elevated volatility. Investors should consider the fundamentals and the overall market conditions before making a decision.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.040086
MSTL0.045583
AutoETS0.047541
AutoARIMA0.047542

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 68%
H-stat 0.84
Ljung-Box p 0.000
Jarque-Bera p 0.023
Excess Kurtosis 0.88
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-03-30
Last Dividend Date 2026-03-30
Debt to Equity Ratio 177.191
Revenue per Share 6.814
Market Cap 3,752,363,008
Trailing P/E 24.25
Forward P/E 22.88
Beta 0.88
Profit Margins 19.87%
Previous Name Corporate Office Properties Trust
Website https://www.copt.com

As of April 11, 2026, 1:23 p.m. EDT: Options activity indicates mixed signals. For calls, there's significant positioning in the ATM (at-the-money) strikes, particularly around the 30.0 strike, suggesting some bullish sentiment. However, the high implied volatility (IV) on the 2026-05-15 expiration may indicate uncertainty. On the 2026-06-18 expiration, there's a notable put option with high open interest at the 22.5 strike, which could signal caution or a potential downside risk. The 2026-09-18 expiration shows a broader range of options with increased OTM (out-of-the-money) activity, suggesting a more volatile outlook for the long-term. Overall, the options market is showing a mix of bullish and bearish sentiment, with a slight lean towards caution.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.05% 4.37% 4.70% 4.83%
Dividend History
Date Dividend Yield %
2026-03-31 0.320 1.045752
2025-12-31 0.305 1.108592
2025-09-30 0.305 1.072083
2025-06-30 0.305 1.141545
2025-03-31 0.305 1.167343
2024-12-31 0.295 1.006061
2024-09-30 0.295 1.036542
2024-06-28 0.295 1.268260
2024-03-27 0.295 1.335869
2023-12-28 0.285 1.219193
2023-09-28 0.285 1.337755
2023-06-29 0.285 1.353378
2023-03-30 0.285 1.409046
2022-12-29 0.275 1.225103
2022-09-29 0.275 1.403150
2022-06-29 0.275 1.234896
2022-03-30 0.275 1.133361
2021-12-31 0.275 1.186556
2021-09-29 0.275 1.214677
2021-06-29 0.275 1.243059
2021-03-30 0.275 1.285664
2020-12-30 0.275 1.344896
2020-09-29 0.275 1.489274
2020-06-29 0.275 1.402560
2020-03-30 0.275 1.593697
2019-12-30 0.275 1.230163
2019-09-27 0.275 1.231304
2019-06-27 0.275 1.391472
2019-03-28 0.275 1.343735
2018-12-28 0.275 1.793725
2018-09-27 0.275 1.318169
2018-06-28 0.275 1.333144
2018-03-28 0.275 1.505258
2017-12-28 0.275 1.339675
2017-09-28 0.275 1.201148
2017-06-28 0.275 1.133849
2017-03-29 0.275 1.231832
2016-12-28 0.275 1.331814
2016-09-28 0.275 1.423056
2016-06-28 0.275 1.430348
2016-03-29 0.275 1.589998
2015-12-29 0.275 1.910197
2015-09-28 0.275 2.038599
2015-06-26 0.275 1.783205
2015-03-27 0.275 1.524298
2014-12-29 0.275 1.552406
2014-09-26 0.275 1.704396
2014-06-26 0.275 1.630002
2014-03-27 0.275 1.738888
2013-12-27 0.275 1.911182
2013-09-26 0.275 1.947007
2013-06-26 0.275 1.892165
2013-03-26 0.275 1.803279
2012-12-27 0.275 1.960836
2012-09-26 0.275 2.035048
2012-06-27 0.275 2.230915
2012-03-28 0.275 2.189477
2011-12-28 0.413 3.585248
2011-09-28 0.413 3.528772
2011-06-28 0.413 2.554634
2011-03-29 0.413 2.281436
2010-12-29 0.413 2.280137
2010-09-28 0.413 2.169777
2010-06-28 0.393 2.029983
2010-03-29 0.393 1.932571
2009-12-29 0.393 2.157747
2009-09-28 0.393 2.183876
2009-06-26 0.373 2.655261
2009-03-27 0.373 3.220424
2008-12-29 0.373 3.044513
2008-09-26 0.373 1.978775
2008-06-26 0.340 2.184626
2008-03-27 0.340 2.250230
2007-12-27 0.340 2.405326
2007-09-26 0.340 1.852319
2007-06-27 0.310 1.676833
2007-03-28 0.310 1.563043
2006-12-27 0.310 1.429181
2006-09-27 0.310 1.603371
2006-06-28 0.280 1.635474
2006-03-29 0.280 1.445289
2005-12-28 0.280 1.870112
2005-09-28 0.280 1.992351
2005-06-28 0.255 2.089433
2005-03-29 0.255 2.388784
2004-12-29 0.255 2.186540
2004-09-28 0.255 2.505928
2004-06-28 0.235 2.365063
2004-03-29 0.235 2.420652
2003-12-29 0.235 2.784362
2003-09-26 0.235 3.321832
2003-06-26 0.220 3.452734
2003-03-27 0.220 3.972186
2002-12-27 0.220 4.286442
2002-09-26 0.220 4.314695
2002-06-26 0.210 4.096157
2002-03-26 0.210 4.542449
2001-12-27 0.210 4.801232
2001-09-26 0.210 5.652869
2001-06-27 0.200 5.940694
2001-03-28 0.200 6.433394
2000-12-27 0.200 6.292968
2000-09-27 0.200 6.548177
2000-06-28 0.190 6.792089
2000-03-29 0.190 7.802459
1999-12-29 0.190 8.525096
1999-09-28 0.190 8.885692
1999-06-28 0.180 7.839576
1999-03-29 0.180 9.919336
1998-12-29 0.180 8.912768
1998-09-16 0.180 8.846819
1998-06-26 0.150 6.779384
1998-03-27 0.150 4.531069
1997-12-29 0.125 5.076609
1997-09-26 0.125 7.004494
1997-06-26 0.125 9.186399
1997-03-26 0.125 11.445150
1996-12-26 0.125 11.433414
1996-09-26 0.125 11.433410
1996-06-27 0.125 10.896123
1996-03-27 0.212 18.930574
1995-12-27 0.212 21.849697
1995-09-27 0.212 19.664242
1995-06-28 0.125 13.224892
1995-03-27 0.125 11.289540
1994-12-23 0.213 15.473993
1994-09-28 0.213 14.301249
1994-07-01 0.213 14.249724
1994-04-04 0.213 12.467903
1993-12-27 0.213 13.050800
1993-09-24 0.213 13.009597
1993-05-28 0.225 14.385021
1993-03-25 0.225 14.716140
1992-12-24 0.225 15.847234
1992-09-24 0.225 15.815464
1992-06-30 0.225 16.615081
1992-03-25 0.225 17.245057
Additional Data
dividendRate 1.24
dividendYield 3.8
exDividendDate 2026-03-31
trailingAnnualDividendRate 1.22
trailingAnnualDividendYield 0.037388906
lastDividendValue 0.32
lastDividendDate 2026-03-31
dividendDate 2026-04-15

Info Dump

Attribute Value
52 Week Change 0.25355363
Address1 6,711 Columbia Gateway Drive
Address2 Suite 300
All Time High 56.45
All Time Low 4.5
Ask 32.81
Ask Size 200
Audit Risk 1
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 787,990
Average Daily Volume3 Month 1,179,867
Average Volume 1,179,867
Average Volume10Days 787,990
Beta 0.876
Bid 32.2
Bid Size 500
Board Risk 1
Book Value 13.432
City Columbia
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 32.49
Current Ratio 1.06
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 32.83
Day Low 32.45
Debt To Equity 177.191
Dividend Date 1,776,211,200
Dividend Rate 1.24
Dividend Yield 3.8
Earnings Call Timestamp End 1,777,392,000
Earnings Call Timestamp Start 1,777,392,000
Earnings Growth 0.069
Earnings Quarterly Growth 0.068
Earnings Timestamp 1,777,320,000
Earnings Timestamp End 1,777,320,000
Earnings Timestamp Start 1,777,320,000
Ebitda 396,872,992
Ebitda Margins 0.51762
Enterprise To Ebitda 15.811
Enterprise To Revenue 8.184
Enterprise Value 6,275,007,488
Eps Current Year 1.33
Eps Forward 1.42
Eps Trailing Twelve Months 1.34
Esg Populated 0
Ex Dividend Date 1,774,915,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 443 285 7650
Fifty Day Average 31.8188
Fifty Day Average Change 0.6712017
Fifty Day Average Change Percent 0.021094501
Fifty Two Week Change Percent 25.355362
Fifty Two Week High 32.96
Fifty Two Week High Change -0.4699974
Fifty Two Week High Change Percent -0.014259631
Fifty Two Week Low 25.21
Fifty Two Week Low Change 7.2800026
Fifty Two Week Low Change Percent 0.2887744
Fifty Two Week Range 25.21 - 32.96
Financial Currency USD
First Trade Date Milliseconds 694,189,800,000
Five Year Avg Dividend Yield 4.25
Float Shares 112,029,733
Forward Eps 1.42
Forward P E 22.880283
Free Cashflow 251,040,256
Full Exchange Name NYSE
Full Time Employees 430
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.57757
Gross Profits 442,840,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00281
Held Percent Institutions 1.07025
Implied Shares Outstanding 115,492,858
Industry REIT - Office
Industry Disp REIT - Office
Industry Key reit-office
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=71654&p=irol-IRHome
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,774,915,200
Last Dividend Value 0.32
Last Fiscal Year End 1,767,139,200
Long Business Summary COPT Defense Properties, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of December 31, 2025, the Company's Defense/IT Portfolio of 201 properties, including 24 owned through unconsolidated joint ventures, encompassed 23.2 million square feet and was 96.5% leased.
Long Name COPT Defense Properties
Market us_market
Market Cap 3,752,363,008
Market State CLOSED
Max Age 86,400
Message Board Id finmb_344249
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-04-18
Net Income To Common 151,692,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,683,679,096
Number Of Analyst Opinions 8
Open 32.71
Operating Cashflow 309,932,992
Operating Margins 0.29636
Overall Risk 1
Payout Ratio 0.91040003
Peg Ratio 1.02
Phone 443 285 5400
Post Market Change 0.30999756
Post Market Change Percent 0.9541322
Post Market Price 32.8
Post Market Time 1,776,464,964
Prev Name Corporate Office Properties Trust
Previous Close 32.63
Price Eps Current Year 24.428572
Price Hint 2
Price To Book 2.4188507
Price To Sales Trailing12 Months 4.8939886
Profit Margins 0.19865999
Quick Ratio 0.951
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.75
Region US
Regular Market Change -0.139999
Regular Market Change Percent -0.429051
Regular Market Day High 32.83
Regular Market Day Low 32.45
Regular Market Day Range 32.45 - 32.83
Regular Market Open 32.71
Regular Market Previous Close 32.63
Regular Market Price 32.49
Regular Market Time 1,776,456,002
Regular Market Volume 720,842
Return On Assets 0.03254
Return On Equity 0.10135
Revenue Growth 0.076
Revenue Per Share 6.814
Sand P52 Week Change 0.36506534
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 4
Shares Outstanding 113,378,858
Shares Percent Shares Out 0.0548
Shares Short 6,207,829
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 5,011,698
Short Name COPT Defense Properties
Short Percent Of Float 0.074499995
Short Ratio 5.78
Source Interval 15
State MD
Symbol CDP
Target High Price 38.0
Target Low Price 33.0
Target Mean Price 35.375
Target Median Price 35.5
Total Cash 275,100,000
Total Cash Per Share 2.439
Total Debt 2,813,216,000
Total Revenue 766,729,024
Tradeable 0
Trailing Annual Dividend Rate 1.22
Trailing Annual Dividend Yield 0.037388906
Trailing Eps 1.34
Trailing P E 24.24627
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 29.65665
Two Hundred Day Average Change 2.8333511
Two Hundred Day Average Change Percent 0.095538475
Type Disp Equity
Volume 720,842
Website https://www.copt.com
Zip 21,046-2383