CDP
Real Estate

COPT Defense Properties

CDP
Since

Headquarters:

MD, United States

Exchange:

NYSE

Industry:

REIT—Office

Number of Employees:

410.00

Current Fiscal Year:

2024

Market Cap:

2.95B

Price per Share:

$26.19

Quarterly Dividend per Share:

$0.29
Year-to-date Performance:
-15.1878%
Dividend Yield:
4.43%
Price-to-book Ratio:
1.98
Trailing P/E Ratio:
21.47

Price History

Latest Prices

DateOpenHighLowClose
2025-05-0126.1126.3825.79526.19
2025-04-3025.5226.1725.2126.11
2025-04-2925.3126.6225.3125.58
2025-04-2826.2526.8126.2526.69
2025-04-2526.4926.6126.1726.36

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 tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of December 31, 2023, the Company's Defense/IT Portfolio of 190 properties, including 24 owned through unconsolidated joint ventures, encompassed 21.7 million square feet and was 97.2% leased.

Financial Performance

2024 Revenue:749.56M

Detailed view of quarterly revenue

2024 Net Income:137.46M

Detailed view of quarterly net income

2024 Free Cash Flow:266.75M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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