COPT Defense Properties downgraded by Citigroup with a new price target
$CDP
Real Estate Investment Trusts
Real Estate
Citigroup downgraded COPT Defense Properties from Buy to Neutral and set a new price target of $25.00 from $29.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/17/2025 | $31.00 | Buy | Jefferies |
| 3/22/2024 | $29.00 → $25.00 | Buy → Neutral | Citigroup |
| 2/21/2024 | $26.00 → $28.00 | Hold → Buy | Jefferies |
| 2/12/2024 | $27.00 → $28.00 | In-line → Outperform | Evercore ISI |
| 12/18/2023 | $26.00 | Overweight → Neutral | JP Morgan |
| 10/3/2023 | $27.00 | Outperform | Wedbush |
EPS of $0.31 FFO per Share, as Adjusted for Comparability, of $0.65 4.8% FFO per Share Growth Year-over-Year Met Midpoint of Guidance Reiterates Midpoint of 2025 FFO per Share Guidance of $2.66 Implies 3.5% FFO per Share Growth for the Year Continued Strong Occupancy and Leased Levels Defense/IT Portfolio 95.3% Occupied and 96.6% Leased Occupancy Rate Exceeded 94% for 9 Consecutive Quarters Same Property Cash NOI Increased 7.1% Reiterates Midpoint of Same Property Cash NOI Guidance for the Year of 2.75% Committed $52 million of Capital to New Investment in Huntsville $308 million of Active Developments (756,000 SF) are 62% Leased Excellent Leasing to Start the Year Total Leasing of 647
COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announces the release date and conference call details in which management will discuss first quarter 2025 results. Details: Results Release Date: Monday, April 28, 2025 after the market closes Conference Call Date: Tuesday, April 29, 2025 Time: 12:00 p.m. Eastern Participants must register for the conference call at the link below to receive the dial-in number and personal pin. Registering only takes a few moments and provides direct access to the conference call without waiting for an operator. You may register at any time, including up to and after the call start time: https://registe
COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announced today that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the first quarter ending March 31, 2025. This represents an increase of 3.4%, or $0.01 per share, over the most recent quarterly dividend of $0.295. The first quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on April 16, 2025, to shareholders of record on March 31, 2025. About COPT Defense COPT Defense, 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. Govern
EPS of $0.31 FFO per Share, as Adjusted for Comparability, of $0.65 4.8% FFO per Share Growth Year-over-Year Met Midpoint of Guidance Reiterates Midpoint of 2025 FFO per Share Guidance of $2.66 Implies 3.5% FFO per Share Growth for the Year Continued Strong Occupancy and Leased Levels Defense/IT Portfolio 95.3% Occupied and 96.6% Leased Occupancy Rate Exceeded 94% for 9 Consecutive Quarters Same Property Cash NOI Increased 7.1% Reiterates Midpoint of Same Property Cash NOI Guidance for the Year of 2.75% Committed $52 million of Capital to New Investment in Huntsville $308 million of Active Developments (756,000 SF) are 62% Leased Excellent Leasing to Start the Year Total Leasing of 647
COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") has executed two investment leases in Redstone Gateway totaling 55,000 square feet, bringing the total portfolio year-to-date investment leasing to 103,000 square feet. In the first quarter of 2025, the Company signed a lease with the U.S. Department of Defense for 40,800 square feet at 8100 Rideout Road. With this transaction, the property is now 79% leased, with only 27,000 square feet of remaining availability at the 128,000 square foot property. In April 2025, the Company signed a lease with a Defense Contractor for 13,700 square feet at 9700 Advanced Gateway. With this transaction, this property is now 100% pre-leas
COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announces the release date and conference call details in which management will discuss first quarter 2025 results. Details: Results Release Date: Monday, April 28, 2025 after the market closes Conference Call Date: Tuesday, April 29, 2025 Time: 12:00 p.m. Eastern Participants must register for the conference call at the link below to receive the dial-in number and personal pin. Registering only takes a few moments and provides direct access to the conference call without waiting for an operator. You may register at any time, including up to and after the call start time: https://registe
Jefferies initiated coverage of COPT Defense Properties with a rating of Buy and set a new price target of $31.00
Citigroup downgraded COPT Defense Properties from Buy to Neutral and set a new price target of $25.00 from $29.00 previously
Jefferies upgraded COPT Defense Properties from Hold to Buy and set a new price target of $28.00 from $26.00 previously
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
8-K - COPT DEFENSE PROPERTIES (0000860546) (Filer)
DEFA14A - COPT DEFENSE PROPERTIES (0000860546) (Filer)
DEF 14A - COPT DEFENSE PROPERTIES (0000860546) (Filer)
COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announces the appointment of Britt A. Snider as Executive Vice President and Chief Operating Officer, effective December 1, 2023. Mr. Snider is an established commercial real estate executive with nearly 20 years of experience in development, asset management, property management and leasing, corporate operations, and corporate strategy. Prior to joining COPT Defense, he served as Principal of Redbrick LMD, a diversified real estate investment and development company based in Washington, D.C., where he was a member of the senior leadership team overseeing the company's development, asset management and leasing activities