COPT(CDP)

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COPT(CDP) - 2024 Q2 - Quarterly Results
2024-07-29 20:26
20 SUPPLEMENTAL INFORMATION PACKAGE COPT DEFEN PROPERTIES Exhibit 99.1 COPT Defense Properties Supplemental Information + Earnings Release - Unaudited For the Period Ended 6/30/24 Unconsolidated Real Estate Joint Ventures 34 Please refer to the section entitled "Definitions" for definitions of non-GAAP measures and other terms we use herein that may not be customary or commonly known. | --- | --- | --- | |------------------------------|---------------------------------------------------|-------| | OVERVIEW ...
COPT Defense Properties: Not Your Average Office REIT
Seeking Alpha· 2024-06-22 09:30
ProArtWork/E+ via Getty Images Introduction I've often been hesitant to write about REITs as I'm of the view that many will suffer in a higher rate environment. With office REITs in particular, there's pain in the sector. And for good reason. High interest rates, high levels of leverage, the shift to work-from-home, and urbanization trends have all been factors that have led to investors selling office REITs. However, there's opportunity for investors willing to dig deeper. In this article, I'll discuss ...
Is COPT Defense (CDP) a Solid Growth Stock? 3 Reasons to Think "Yes"
zacks.com· 2024-05-29 17:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...
3 Reasons Why Growth Investors Shouldn't Overlook COPT Defense (CDP)
Zacks Investment Research· 2024-05-13 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...
Why COPT Defense (CDP) is a Great Dividend Stock Right Now
Zacks Investment Research· 2024-05-06 16:51
Company Overview - COPT Defense (CDP) is based in Columbia and operates in the Finance sector, with a year-to-date share price change of -4.06% [2] - The company currently pays a dividend of $0.29 per share, resulting in a dividend yield of 4.8%, which is higher than the REIT and Equity Trust - Other industry's yield of 4.77% and the S&P 500's yield of 1.61% [2] Dividend Performance - COPT Defense's current annualized dividend of $1.18 has increased by 3.5% from the previous year [2] - Over the last 5 years, the company has raised its dividend twice on a year-over-year basis, averaging an annual increase of 1.01% [2] - The company's current payout ratio is 48%, indicating that it paid out 48% of its trailing 12-month earnings per share as dividends [2] Earnings Growth Expectations - For the fiscal year 2024, the Zacks Consensus Estimate for COPT Defense's earnings is $2.52 per share, reflecting a year-over-year earnings growth rate of 4.13% [3] Investment Appeal - COPT Defense is viewed as an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [4]
COPT(CDP) - 2024 Q1 - Quarterly Report
2024-05-01 21:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-14023 COPT DEFENSE PROPERTIES (Exact name of registrant as specified in its charter) Maryland 23-2947217 (State or other jurisdiction ...
COPT(CDP) - 2024 Q1 - Earnings Call Presentation
2024-04-26 19:12
Results for 1Q 2024 Updated 2024 Guidance + Franklin Center Acquisition APRIL 25, 2024 ...
COPT(CDP) - 2024 Q1 - Earnings Call Transcript
2024-04-26 19:12
COPT Defense Properties (NYSE:CDP) Q1 2024 Earnings Conference Call April 26, 2024 12:00 PM ET Company Participants Venkat Kommineni - VP of IR Stephen Budorick - President & CEO Britt Snider - COO Anthony Mifsud - CFO Conference Call Participants Michael Griffin - Citi Blaine Heck - Wells Fargo Camille Bonnel - Bank of America Tom Catherwood - BTIG Ray Zhong - JPMorgan Peter Abramowitz - Jefferies Richard Anderson - Wedbush Securities Dylan Burzinski - Green Street Operator Welcome to the COPT Defense Prop ...
COPT Defense (CDP) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-04-26 01:01
For the quarter ended March 2024, COPT Defense (CDP) reported revenue of $193.27 million, up 15.4% over the same period last year. EPS came in at $0.62, compared to $0.70 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $176.42 million, representing a surprise of +9.55%. The company delivered an EPS surprise of +3.33%, with the consensus EPS estimate being $0.60.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...
COPT Defense (CDP) Q1 FFO and Revenues Top Estimates
Zacks Investment Research· 2024-04-25 22:41
Company Performance - COPT Defense reported quarterly funds from operations (FFO) of $0.62 per share, exceeding the Zacks Consensus Estimate of $0.60 per share, and up from $0.59 per share a year ago, representing a 3.33% surprise [1] - The company generated revenues of $193.27 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 9.55%, compared to $167.5 million in the same quarter last year [1] - Over the last four quarters, COPT Defense has surpassed consensus FFO estimates three times and revenue estimates two times [1] Market Outlook - COPT Defense shares have declined approximately 10.5% since the beginning of the year, while the S&P 500 has gained 6.3% [2] - The current consensus FFO estimate for the upcoming quarter is $0.62 on revenues of $178.45 million, and for the current fiscal year, it is $2.50 on revenues of $718.83 million [4] Industry Context - The REIT and Equity Trust - Other industry, to which COPT Defense belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, indicating potential challenges for stock performance [5] - Another company in the same industry, Public Storage, is expected to report quarterly earnings of $4.06 per share, reflecting a year-over-year change of -0.5%, with revenues anticipated to be $1.15 billion, up 5.4% from the previous year [5][6]