COPT Defense Properties

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

COPT Defense Properties (CDP) surpasses Q2 expectations, poised for growth

COPT Defense Properties (CDP) demonstrated robust financial performance and operational strength in Q2 2024, exceeding guidance and enhancing key metrics.
While facing challenges related to market dynamics and competition, the company remains well-positioned to capitalize on growth opportunities in the defense/IT real estate sector.
By leveraging its strong balance sheet, effective tenant management, and growth initiatives, CDP aims to sustain its growth trajectory and deliver value to shareholders.
Overall, COPT Defense Properties (CDP) shows resilience and adaptability in navigating market challenges and driving sustainable growth in the defense real estate market.

COPT Defense Properties (CDP) exceeds Q3 expectations, eyes strategic growth

COPT Defense Properties (CDP) reported strong Q3 2024 results, exceeding FFO per share guidance and showcasing robust operating performance.
The company's strategic acquisitions, high occupancy levels, and increased FFO per share guidance highlight its growth potential and market resilience.
While facing challenges in tenant retention and upcoming bond refinancing, COPT Defense Properties (CDP) remains well-positioned to capitalize on opportunities for expansion and growth.

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COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.

COPT Defense Properties: A Unique Specialty Real Estate Franchise Supporting National Defense COPT Defense Properties: A Unique Specialty Real Estate Franchise Supporting National Defense

COPT Defense Properties (NYSE: CDP), President & CEO Steve Budorick Interviewed by Advisor Access

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 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 sel.

COPT Defense Declares Fourth Quarter 2024 Common Dividend

COPT Defense Properties (NYSE:CDP ) Q3 2024 Earnings Conference Call October 29, 2024 12:00 PM ET Company Participants Venkat Kommineni - VP, IR Steve Budorick - President and CEO Britt Snider - EVP and COO Anthony Mifsud - EVP and CFO Conference Call Participants Steve Sakwa - Evercore ISI Blaine Heck - Wells Fargo Michael Griffin - Citi Tom Catherwood - BTIG Richard Anderson - Wedbush Securities Peter Abramowitz - Jefferies Dylan Burzinski - Green Street Operator Welcome to the COPT Defense Properties Third Quarter 2024 Results Conference Call. As a reminder, today's call is being recorded.

COPT Defense Properties (CDP) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for COPT Defense (CDP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

COPT Defense (CDP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

COPT Defense (CDP) came out with quarterly funds from operations (FFO) of $0.65 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to FFO of $0.60 per share a year ago.

COPT Defense (CDP) Q3 FFO and Revenues Surpass Estimates

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the third quarter ended September 30, 2024. Management Comments Stephen E. Budorick, COPT Defense's President & Chief Executive Officer, commented, “Our Defense/IT investment strategy, which concentrates our portfolio near priority U.S. defense installations, continued to generate strong results during the third quarter. FFO per share exceeded the midpoint of our guida.

COPT Defense Reports Strong Third Quarter 2024 Results

COLUMBIA, Md.--(BUSINESS WIRE)--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, t.

COPT Defense Acquires Land for Data Center Shell Development near Des Moines, IA and an 80,000 Square Foot Building in San Antonio, TX

Here is how COPT Defense (CDP) and Goldman Sachs (GS) have performed compared to their sector so far this year.

Is COPT DEFENSE PR (CDP) Outperforming Other Finance Stocks This Year?

Besides Wall Street's top -and-bottom-line estimates for COPT Defense (CDP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

Countdown to COPT Defense (CDP) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

COPT Defense Properties offers stable cash flow and growth potential due to its focus on specialized Defense/IT properties leased to U.S. government agencies and contractors. CDP has shown strong operating performance with robust same-property NOI growth and has robust guidance, supported by a well-occupied portfolio and solid balance sheet. Despite significant stock appreciation, CDP still offers value at a forward P/FFO of 12.6, with further upside potential from high tenant demand and development projects.

COPT Defense Properties Is Just Getting Started

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does COPT Defense (CDP) have what it takes?

COPT Defense (CDP) Could Be a Great Choice

Here is how COPT Defense (CDP) and Hamilton Insurance (HG) have performed compared to their sector so far this year.

Has COPT DEFENSE PR (CDP) Outpaced Other Finance Stocks This Year?

COLUMBIA, Md.--(BUSINESS WIRE)--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. Registeri.

COPT Defense Provides Conference Call Details to Discuss 3Q 2024 Results

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Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Global Medical REIT (GMRE) or COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?

GMRE vs. CDP: Which Stock Should Value Investors Buy Now?

Why COPT Defense (CDP) is a Great Dividend Stock Right Now

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Medical REIT (GMRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?

GMRE or CDP: Which Is the Better Value Stock Right Now?

COLUMBIA, Md.--(BUSINESS WIRE)--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'.

COPT Defense to Present at the BofA Securities 2024 Global Real Estate Conference

GMRE vs. CDP: Which Stock Is the Better Value Option?

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 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 sel.

COPT Defense Declares Third Quarter 2024 Common Dividend

COPT Defense (CDP) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is COPT Defense (CDP) a Solid Growth Stock? 3 Reasons to Think "Yes"

COPT Defense Properties (NYSE:CDP ) Q2 2024 Earnings Conference Call July 30, 2024 12:00 PM ET Company Participants Venkat Kommineni - Vice President, Investor Relations Steve Budorick - President & Chief Executive Officer Anthony Mifsud - Executive Vice President & Chief Financial Officer Conference Call Participants Richard Anderson - Wedbush Securities Blaine Heck - Wells Fargo Michael Griffin - Citi Steve Sakwa - Evercore ISI Camille Bonnel - Bank of America Peter Abramowitz - Jefferies Dylan Burzinski - Green Street Operator Welcome to the COPT Defense Properties Second Quarter 2024 Results Conference Call. As a reminder, today's call is being recorded.

COPT Defense Properties (CDP) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for COPT Defense (CDP) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

COPT Defense (CDP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

COPT Defense (CDP) came out with quarterly funds from operations (FFO) of $0.64 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.60 per share a year ago.

COPT Defense (CDP) Meets Q2 FFO Estimates

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the second quarter ended June 30, 2024. Management Comments Stephen E. Budorick, COPT Defense's President & Chief Executive Officer, commented, “Our Defense/IT investment strategy, which concentrates our portfolio near priority U.S. defense installations, continued to generate strong results during the second quarter, with FFO per share exceeding the midpoint of our gu.

COPT Defense Reports Strong Second Quarter 2024 Results

Paramount Group

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Paramount Group (PGRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?

News for COPT Defense Properties Stock (CDP)