Corporate Office Properties Trust/$CDP
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Corporate Office Properties Trust
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. The company has two reportable segments: Defense/IT Portfolio; and Other. Defense/IT Portfolio includes sub-segments such as: Fort George G. Meade and the Baltimore/Washington Corridor (Fort Meade/BW Corridor); Redstone Arsenal in Huntsville, Alabama; Northern Virginia Defense/IT Locations (NoVA Defense/IT); Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy (Navy Support); and data center shells in Northern Virginia.
- Ticker
- $CDP
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 430
- Headquarters
- Columbia, United States
- Website
- www.copt.com
CDP Metrics
BasicAdvanced
$3.7B
22.28
$1.48
0.80
$1.27
3.88%
Price and volume
Market cap
$3.7B
Beta
0.8
52-week high
$38.90
52-week low
$27.06
Average daily volume
932K
Dividend rate
$1.27
Financial strength
Current ratio
2.037
Quick ratio
1.713
Long term debt to equity
1.586
Total debt to equity
1.617
Dividend payout ratio (TTM)
83.16%
Interest coverage (TTM)
2.53%
Profitability
EBITDA (TTM)
416.547
Gross margin (TTM)
57.67%
Net profit margin (TTM)
21.10%
Operating margin (TTM)
30.45%
Effective tax rate (TTM)
0.21%
Revenue per employee (TTM)
$1,880,000
Management effectiveness
Return on assets (TTM)
3.44%
Return on equity (TTM)
11.12%
Valuation
Price to earnings (TTM)
22.276
Price to revenue (TTM)
4.609
Price to book
2.41
Price to tangible book (TTM)
2.41
Price to free cash flow (TTM)
10.467
Free cash flow yield (TTM)
9.55%
Free cash flow per share (TTM)
3.148
Dividend yield (TTM)
3.84%
Forward dividend yield
3.88%
Growth
Revenue change (TTM)
7.16%
Earnings per share change (TTM)
11.97%
3-year revenue growth (CAGR)
5.82%
10-year revenue growth (CAGR)
3.42%
3-year earnings per share growth (CAGR)
42.04%
10-year earnings per share growth (CAGR)
16.11%
3-year dividend per share growth (CAGR)
3.83%
10-year dividend per share growth (CAGR)
1.41%
What the Analysts think about CDP
Analyst ratings (Buy, Hold, Sell) for Corporate Office Properties Trust stock.
Analyst projections of the future price of Corporate Office Properties Trust stock.
Bulls say / Bears say
COPT raised its 2026 adjusted FFO-per-share midpoint to $2.80 and its same-property cash NOI growth outlook to 4.25%. It also lifted its vacancy-leasing target to 625,000 square feet, pointing to stronger near-term operating momentum. (COPT Defense Properties)
The 1.1-million-square-foot development pipeline was 64% pre-leased, with four of eight projects fully leased. Huntsville demand is also prompting new projects at Redstone Gateway, where the operating portfolio is 98% leased. (COPT Defense Properties, The Motley Fool)
Renewals of data-centre shells in joint ventures have achieved a weighted average cash rent increase of more than 120% across ten deals over three years. That shows how scarce, specialised capacity can support substantial rent growth. (Investing.com)
Higher financing costs could weigh on FFO: management estimated that a 70-basis-point rise in average SOFR, alongside expected growth in variable-rate debt, could add about $8 million to 2027 interest expense. That is roughly $0.07 per share. (The Motley Fool)
Leasing demand depends on federal defence programmes, and funding delays could push out tenant decisions. Recent reporting flags the risk that continuing resolutions or disputes over supplemental funding could delay or constrain some Pentagon programmes; COPT also warns that shutdowns or budget impasses may reduce or defer demand. (Defense One, SEC)
The non-Defense/IT properties are a weaker spot: their occupancy was only 80.4% at the end of September, compared with 95.2% for the Defense/IT portfolio. This leaves a meaningful part of the portfolio with less protection from the company’s specialised defence demand. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 12 Nov 2026.
CDP Financial Performance
Revenues and expenses
CDP Earnings Performance
Company profitability
Upcoming events
No upcoming events
CDP News
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Funds containing CDP
AllUSDEURGBP
Fund name | Fund size | $CDP weighting |
|---|---|---|
SPDR S&P Global Dividend Aristocrats£GBDV | $1.8B | 1.11% |
SPDR S&P Global Dividend Aristocrats$GLDV | $1.8B | 1.11% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $2.7B | 0.29% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $2.7B | 0.29% |
iShares Developed Markets Property Yield$IDWP | $921M | 0.21% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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