Inside the research
COPT Defense Properties
CDP Research profile · latest available data
Price overview
$33.88
▲ +0.07 (+0.2%)
| 52w hi | $38.35 |
|---|---|
| 52w lo | $26.51 |
| Vol | 760.00K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.06
| Short | +0.11 |
|---|---|
| Medium | -0.14 |
| Long | -0.24 |
computed 2026-09-27
Key fundamentals
COPT Defense Properties
Real Estate · REIT - Office
| Market cap | $3.92B |
|---|---|
| Enterprise value | $6.51B |
| Trailing P/E | 23.53x |
| Forward P/E | 23.21x |
| EV / EBITDA | 15.84x |
| P / S (ttm) | 4.98x |
| Profit margin | 20.8% |
| Return on equity | 10.8% |
| Revenue growth | +3.9% |
| Earnings growth | +19.2% |
| Debt / equity | 164.15 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.17 | |
| Sector | -0.04 | |
| Technical | +0.01 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 0.36 |
|---|---|
| Corr SPX | 0.30 |
| Annual vol | 19.1% |
| Annual ret | +7.9% |
| Sharpe | 0.41 |
| Max DD | -25.2% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-27 | Earnings Release, Exhibits | read |
| 2026-05-20 | Shareholder Vote, Exhibits | read |
| 2026-04-27 | Earnings Release, Exhibits | read |
| 2026-02-05 | Earnings Release, Exhibits | read |
| 2026-02-04 | Officer / Director Change, Exhibits | read |
| 2025-10-30 | Earnings Release, Exhibits | read |
| 2025-10-10 | Material Agreement, Material Obligation… | read |
| 2025-10-02 | Material Agreement, Exhibits | read |
| 2025-09-29 | Other Material Event, Exhibits | read |
| 2025-09-23 | Other Material Event, Exhibits | read |
| 2025-07-28 | Earnings Release, Exhibits | read |
| 2025-05-23 | Shareholder Vote, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-29 | PICKETT C TAYLOR | Sell | 31.80K | $1.03M | |
| 2026-05-26 | DENTON ROBERT L | Sell | 3.92K | $126.99K | |
| 2026-05-14 | Trimberger Lisa G | Grant | 3.80K | — |
Flow & Concentration
| Insider 180d net | -$1.15M |
|---|---|
| Insider buys / sells | 0 / 2 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 96.4% |
| HHI | 4,416 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $252.14M | 6.87M |
| AQR Capital Management | $57.28M | 1.58M |
| Millennium Management | $47.20M | 1.30M |
| Renaissance Technologies | $13.53M | 371.75K |
| Fidelity / FMR LLC | $12.26M | 336.99K |
| Capital Research / Capital World | $9.84M | 270.29K |
| Citadel Advisors | $4.54M | 124.74K |
| T. Rowe Price Group | $5.09K | 139.91K |
As of 2026-06-30
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $42.07M | -15.9% | |
| Operating income | $11.53M | -29.5% | |
| Net income | $42.40M | -2.6% | |
| Cash from ops | $276.27M | +2.9% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $33.89 | $34.12 | $33.54 | $33.88 | 760.00K |
| Sep 24 | $33.80 | $34.04 | $33.65 | $33.81 | 716.50K |
| Sep 23 | $34.17 | $34.21 | $33.64 | $33.77 | 811.10K |
| Sep 22 | $34.81 | $34.81 | $34.22 | $34.34 | 867.90K |
| Sep 21 | $34.55 | $35.00 | $34.31 | $34.58 | 1.00M |
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