The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

CDP

Concerning the House

COPT Defense Properties, 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 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 June 30, 2026, the Company's Defense/IT Portfolio of 202 properties, including 24 owned through unconsolidated joint ventures, encompassed 23.3 million square feet and was 96.4% leased. COPT Defense Properties was incorporated in 1988 and is based in Columbia, United States.

United States · www.copt.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$42.07M-15.9%
Operating income$11.53M-29.5%
Net income$42.40M-2.6%
Cash from ops$276.27M+2.9%
Quotation

$37.28

+0.30 (+0.8%)

52w hi$38.35
52w lo$26.49
Vol380.87K
As ofAug 13
The Verdict

Hold

Our score +0.37

Short+0.59
Medium+0.34
Long-0.02

computed 2026-08-13

By the Numbers

COPT Defense Properties

Real Estate · REIT - Office

Market cap$4.32B
Enterprise value$6.86B
Trailing P/E25.89x
Forward P/E25.53x
EV / EBITDA16.69x
P / S (ttm)5.48x
Profit margin20.8%
Return on equity10.8%
Revenue growth+3.9%
Earnings growth+19.2%
Debt / equity164.15
Risk Metrics
Beta vs SPX0.36
Corr SPX0.30
Annual vol19.2%
Annual ret+14.9%
Sharpe0.78
Max DD-25.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.15
Sector+0.04
Technical+0.40
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$37.18$37.55$36.96$37.28380.87K
Aug 12$36.40$37.08$36.35$36.98674.90K
Aug 11$36.36$36.61$36.23$36.39612.90K
Aug 10$36.84$36.87$36.36$36.47607.20K
Aug 7$37.06$37.51$37.06$37.14653.90K