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

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 fourth quarter ending December 31, 2024. The fourth quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on January 15, 2025, to shareholders of record on December 31, 2024. 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. Government ("USG") defense installations and missions (referred to as its Defense/IT Portfolio). The C

_______________________________________________________________ EPS of $0.32 FFO per Share, as Adjusted for Comparability, of $0.65 1-cent above the Midpoint of Guidance Increased Midpoint of 2024 FFO per Share Guidance by 1-cent to $2.57 Implies 6.2% FFO per Share Growth for the Year Defense/IT Portfolio 95.0% Occupied and 96.5% Leased Same Property Cash NOI Increased 9.4% in 3Q24 and 8.8% Year-to-Date Raised Midpoint of Same Property Cash NOI Guidance for the Year by 50 Basis Points to 8.5% _______________________________________________________________ Strong Leasing Volume and Retention YTD Total Leasing of 829,000 SF in 3Q24 and 2.5 million SF Year-to-Date 123,000 SF in 3Q24 and

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") acquired a 365-acre land parcel near Des Moines, Iowa in late September for $32 million to expand its data center shell program. The existing zoning on the land allows for data center development and initial plans indicate that the site can accommodate approximately 3.3 million square feet of development, supported by an estimated 1 gigawatt of power capacity. Also, late in the third quarter, the Company acquired an 80,000 square foot building at 3900 Rogers Road in San Antonio, Texas for $17 million. The building was vacant upon acquisition, and the Company subsequently executed two leases with the U.S. Government to occ

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announces the release date and conference call details in which management will discuss third quarter 2024 results. Details:   Results Release Date: Monday, October 28, 2024 after the market closes Conference Call Date: Tuesday, October 29, 2024 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://re

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 third quarter ending September 30, 2024. The third quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on October 17, 2024, to shareholders of record on September 30, 2024. 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. Government ("USG") defense installations and missions (referred to as its Defense/IT Portfolio). The C

_______________________________________________________________ EPS of $0.31 FFO per Share, as Adjusted for Comparability, of $0.64 1-cent above the Midpoint of Guidance Increased Midpoint of 2024 FFO per Share Guidance by 2-cents to $2.56 Implies 5.8% FFO per Share Growth for the Year Defense/IT Portfolio 95.5% Occupied and 96.7% Leased Same Property Cash NOI Increased 10.9% in 2Q24 and 8.5% Year-to-Date Raised Midpoint of Same Property Cash NOI Guidance for the Year by 150 Basis Points to 8.0% Raised Midpoint of Same Property Year-End 2024 Occupancy Guidance by 25 Basis Points to 93.75% 959,000 SF of Active Developments are 74% Leased __________________________________________

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announces the release date and conference call details in which management will discuss second quarter 2024 results. Details: Results Release Date: Monday, July 29, 2024 after the market closes Conference Call Date: Tuesday, July 30, 2024 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:

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 second quarter ending June 30, 2024. The second quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on July 17, 2024, to shareholders of record on June 28, 2024. 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. Government ("USG") defense installations and missions (referred to as its Defense/IT Portfolio). The Company's te

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announced the acquisition of a 202,000 square foot Class A building, located in Columbia Gateway at 6841 Benjamin Franklin Drive in Columbia, Maryland, for $15 million. The 7-story LEED Gold Certified building was constructed in 2008 and is 56% leased to a leading defense contractor. Stephen E. Budorick, COPT Defense's President & Chief Executive Officer, commented "This acquisition solidifies our position as the dominant owner in Columbia Gateway, enhances our relationship with a top 10 U.S. defense contractor, adds 202,000 square feet of modern, well-amenitized space to our 2.3 million square foot Columbia Gateway camp

EPS of $0.29 FFO per Share, as Adjusted for Comparability, of $0.62 Exceeded High-End of Guidance Increased Midpoint of 2024 FFO per Share Guidance by 3-cents to $2.54 Implies 5% FFO per Share Growth at the Midpoint for the Year Defense/IT Portfolio 95.6% Occupied and 96.8% Leased Same Property Cash NOI Increased 6.1% Raised Same Property Cash NOI Guidance for the Year by 50 Basis Points, to 6.0%-7.0% Committed $91 Million of Capital to New Investments Placed 73,000 SF of Developments into Service that are 100% Leased $381 Million of Active Developments (959,000 SF) are 74% Leased Excellent Leasing to Start the Year Total Leasing of 721,000 SF 160,000 SF of Vacancy Leasing O

10-Q - COPT DEFENSE PROPERTIES (0000860546) (Filer)

8-K - COPT DEFENSE PROPERTIES (0000860546) (Filer)

10-Q - COPT DEFENSE PROPERTIES (0000860546) (Filer)

8-K - COPT DEFENSE PROPERTIES (0000860546) (Filer)

S-8 - COPT DEFENSE PROPERTIES (0000860546) (Filer)

8-K - COPT DEFENSE PROPERTIES (0000860546) (Filer)

10-Q - COPT DEFENSE PROPERTIES (0000860546) (Filer)

8-K - COPT DEFENSE PROPERTIES (0000860546) (Filer)

DEFR14A - COPT DEFENSE PROPERTIES (0000860546) (Filer)

ARS - COPT DEFENSE PROPERTIES (0000860546) (Filer)

In the last three months, 4 analysts have published ratings on COPT Defense (NYSE:CDP), offering a diverse range of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 1 1 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $27.25, a high estimate of $28.00, and a low estimate of $25.00. Holding firm without vari

Wedbush analyst Richard Anderson maintains COPT Defense (NYSE:CDP) with a Outperform and raises the price target from $27 to $28.

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announced the acquisition of a 202,000 square foot Class A building, located in Columbia Gateway at 6841 Benjamin Franklin Drive in Columbia, Maryland, for $15 million. The 7-story LEED Gold Certified building was constructed in 2008 and is 56% leased to a leading defense contractor.Stephen E. Budorick, COPT Defense's President & Chief Executive Officer, commented "This acquisition solidifies our position as the dominant owner in Columbia Gateway, enhances our relationship with a top 10 U.S. defense contractor, adds 202,000 square feet of modern, well-amenitized space to our 2.3 million square foot Columbia Gateway campus,

COPT Defense (NYSE:CDP) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.61 by 1.64 percent. This is a 5.08 percent increase over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $193.266 million which beat the analyst consensus estimate of $170.519 million by 13.34 percent. This is a 15.38 percent increase over sales of $167.501 million the same period last year.

Citigroup analyst Nicholas Joseph downgrades COPT Defense (NYSE:CDP) from Buy to Neutral and lowers the price target from $29 to $25.

Jefferies analyst Peter Abramowitz upgrades COPT Defense (NYSE:CDP) from Hold to Buy and raises the price target from $26 to $28.

COPT Defense (NYSE:CDP) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.61 by 1.64 percent. The company reported quarterly sales of $179.73 million which beat the analyst consensus estimate of $161.19 million by 11.50 percent. This is a 2.56 percent increase over sales of $175.25 million the same period last year.

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 fourth quarter ending December 31, 2024. The fourth quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on January 15, 2025, to shareholders of record on December 31, 2024. 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. Government ("USG") defense installations and missions (referred to as its Defense/IT Portfolio). The C

_______________________________________________________________ EPS of $0.32 FFO per Share, as Adjusted for Comparability, of $0.65 1-cent above the Midpoint of Guidance Increased Midpoint of 2024 FFO per Share Guidance by 1-cent to $2.57 Implies 6.2% FFO per Share Growth for the Year Defense/IT Portfolio 95.0% Occupied and 96.5% Leased Same Property Cash NOI Increased 9.4% in 3Q24 and 8.8% Year-to-Date Raised Midpoint of Same Property Cash NOI Guidance for the Year by 50 Basis Points to 8.5% _______________________________________________________________ Strong Leasing Volume and Retention YTD Total Leasing of 829,000 SF in 3Q24 and 2.5 million SF Year-to-Date 123,000 SF in 3Q24 and

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") acquired a 365-acre land parcel near Des Moines, Iowa in late September for $32 million to expand its data center shell program. The existing zoning on the land allows for data center development and initial plans indicate that the site can accommodate approximately 3.3 million square feet of development, supported by an estimated 1 gigawatt of power capacity. Also, late in the third quarter, the Company acquired an 80,000 square foot building at 3900 Rogers Road in San Antonio, Texas for $17 million. The building was vacant upon acquisition, and the Company subsequently executed two leases with the U.S. Government to occ

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announces the release date and conference call details in which management will discuss third quarter 2024 results. Details:   Results Release Date: Monday, October 28, 2024 after the market closes Conference Call Date: Tuesday, October 29, 2024 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://re

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announced that its President and CEO, Stephen E. Budorick, will provide an overview of the Company and participate in a question and answer session at the BofA Securities 2024 Global Real Estate Conference. The presentation will be held on Wednesday, September 11, 2024 at 3:45 p.m. Eastern Time. A live audio webcast of the presentation will be available in the ‘News & Events – IR Calendar' section of COPT Defense's Investors website: https://investors.copt.com/news-events/ir-calendar About COPT Defense COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properti

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 third quarter ending September 30, 2024. The third quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on October 17, 2024, to shareholders of record on September 30, 2024. 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. Government ("USG") defense installations and missions (referred to as its Defense/IT Portfolio). The C

_______________________________________________________________ EPS of $0.31 FFO per Share, as Adjusted for Comparability, of $0.64 1-cent above the Midpoint of Guidance Increased Midpoint of 2024 FFO per Share Guidance by 2-cents to $2.56 Implies 5.8% FFO per Share Growth for the Year Defense/IT Portfolio 95.5% Occupied and 96.7% Leased Same Property Cash NOI Increased 10.9% in 2Q24 and 8.5% Year-to-Date Raised Midpoint of Same Property Cash NOI Guidance for the Year by 150 Basis Points to 8.0% Raised Midpoint of Same Property Year-End 2024 Occupancy Guidance by 25 Basis Points to 93.75% 959,000 SF of Active Developments are 74% Leased __________________________________________

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announces the release date and conference call details in which management will discuss second quarter 2024 results. Details: Results Release Date: Monday, July 29, 2024 after the market closes Conference Call Date: Tuesday, July 30, 2024 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:

COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company and participate in a question and answer session at Nareit's REITweek: 2024 Investor Conference. The presentation will be held on June 5, 2024 at 10:15 a.m. Eastern Time at the New York Hilton Midtown in New York, NY. A live audio webcast of the presentation and accompanying materials will be available in the ‘News & Events – IR Calendar' section of COPT's Investors website: https://investors.copt.com/news-events/ir-calendar About COPT Defense COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on ow

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 second quarter ending June 30, 2024. The second quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on July 17, 2024, to shareholders of record on June 28, 2024. 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. Government ("USG") defense installations and missions (referred to as its Defense/IT Portfolio). The Company's te

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

Evercore ISI upgraded COPT Defense Properties from In-line to Outperform and set a new price target of $28.00 from $27.00 previously

JP Morgan downgraded COPT Defense Properties from Overweight to Neutral and set a new price target of $26.00

Wedbush initiated coverage of COPT Defense Properties with a rating of Outperform and set a new price target of $27.00