COPT(CDP)

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COPT(CDP) - 2024 Q1 - Quarterly Results
2024-04-25 20:24
Exhibit 99.1 COPT Defense Properties Supplemental Information + Earnings Release - Unaudited For the Period Ended 3/31/24 OVERVIEW Summary Description 1 Equity Research Coverage 2 Selected Financial Summary Data 3 Selected Portfolio Data 5 FINANCIAL STATEMENTS Consolidated Balance Sheets 6 Consolidated Statements of Operations 7 Funds from Operations 8 Diluted Share + Unit Computations 9 Adjusted Funds from Operations 10 EBITDAre + Adjusted EBITDA 11 PORTFOLIO Properties by Segment 12 INFORMATION Consolidat ...
COPT Defense (CDP) Could Be a Great Choice
Zacks Investment Research· 2024-04-15 16:46
Company Overview - COPT Defense (CDP) is headquartered in Columbia and operates in the Finance sector [2] - The stock has experienced a price decline of 9.6% since the beginning of the year [2] Dividend Information - COPT Defense currently pays a dividend of $0.29 per share, resulting in a dividend yield of 5.09% [2] - The average yield for the REIT and Equity Trust - Other industry is 4.52%, while the S&P 500's yield is 1.6% [2] - The company's annualized dividend of $1.18 has increased by 3.5% from the previous year [2] - Over the last 5 years, COPT Defense has raised its dividend 2 times year-over-year, with an average annual increase of 1.01% [2] - The current payout ratio is 47%, indicating that 47% of its trailing 12-month EPS is distributed as dividends [2] Earnings Expectations - COPT Defense anticipates earnings growth for the fiscal year, with the Zacks Consensus Estimate for 2024 at $2.50 per share, reflecting a year-over-year growth rate of 3.31% [3] Investment Considerations - Dividends are favored by investors for various reasons, including tax advantages and reduced portfolio risk [4] - High-growth firms or tech start-ups typically do not offer dividends, while established companies are viewed as better dividend options [4] - COPT Defense is considered an attractive dividend investment and has a Zacks Rank of 2 (Buy) [4]
COPT Defense Properties: Slow And Steady Growth
Seeking Alpha· 2024-04-10 04:59
Stocktrek/DigitalVision via Getty Images COPT Defense Properties (NYSE:CDP) owns 210 properties, most of which are focused on the defense industry. While technically classified as an office REIT, its differentiated property type gives it an entirely different set of fundamentals. We see it as moderately opportunistic, with the stock trading at a low AFFO multiple relative to its reliable growth. High renewal rates and rent roll-ups position the company for roughly 4%-5% growth for the next few years, wh ...
RLJ or CDP: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-03-12 16:41
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of RLJ Lodging (RLJ) and COPT Defense (CDP) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an ...
COPT Defense (CDP) Upgraded to Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-02-23 18:01
COPT Defense (CDP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual in ...
PGRE vs. CDP: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-02-23 17:41
Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Paramount Group (PGRE) and COPT Defense (CDP) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, ...
COPT Defense Increases Quarterly Dividend by 3.5%
Businesswire· 2024-02-22 21:16
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the first quarter ending March 31, 2024. This represents an increase of 3.5%, or $0.01 per share, over the most recent quarterly dividend of $0.285. The first quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on April 17, 2024, to shareholders of record on Mar ...
COPT(CDP) - 2023 Q4 - Annual Report
2024-02-21 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember 31, 2023 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 of ( ...
COPT(CDP) - 2023 Q4 - Earnings Call Transcript
2024-02-10 03:49
COPT Defense Properties (NYSE:CDP) Q4 2023 Earnings Conference Call February 9, 2024 12:00 PM ET Company Participants Venkat Kommineni - VP of IR Steve Budorick - President and CEO Anthony Mifsud - CFO Britt Snider - COO Conference Call Participants Camille Bonnel - Bank of America Blaine Heck - Wells Fargo Michael Griffin - Citi Tom Catherwood - BTIG Richard Anderson - Wedbush Securities Dylan Burzinski - Green Street Steve Sakwa - Evercore ISI Operator Welcome to the COPT Defense Properties Fourth Quarter ...
COPT Defense (CDP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-09 01:01
COPT Defense (CDP) reported $179.73 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.6%. EPS of $0.62 for the same period compares to $0.45 a year ago.The reported revenue represents a surprise of +2.75% over the Zacks Consensus Estimate of $174.92 million. With the consensus EPS estimate being $0.61, the EPS surprise was +1.64%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...