Wedbush initiated coverage on COPT Defense Properties with a new price target
$CDP
Real Estate Investment Trusts
Real Estate
Wedbush initiated coverage of COPT Defense Properties with a rating of Outperform and set a new price target of $27.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/17/2025 | $31.00 | Buy | Jefferies |
| 3/22/2024 | $29.00 → $25.00 | Buy → Neutral | Citigroup |
| 2/21/2024 | $26.00 → $28.00 | Hold → Buy | Jefferies |
| 2/12/2024 | $27.00 → $28.00 | In-line → Outperform | Evercore ISI |
| 12/18/2023 | $26.00 | Overweight → Neutral | JP Morgan |
| 10/3/2023 | $27.00 | Outperform | Wedbush |
8-K - COPT DEFENSE PROPERTIES (0000860546) (Filer)
10-Q - COPT DEFENSE PROPERTIES (0000860546) (Filer)
8-K - COPT DEFENSE PROPERTIES (0000860546) (Filer)
COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company and participate in a question and answer session at Nareit's REITweek: 2025 Investor Conference. The presentation will be held on June 3, 2025 at 8:45 a.m. Eastern Time at the New York Hilton Midtown in New York, NY. A live audio webcast of the presentation and accompanying materials will be available in the ‘News & Events – IR Calendar' section of COPT's Investors website: https://investors.copt.com/news-events/ir-calendar About COPT Defense COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on own
Publishes 2025 Corporate Sustainability Report and TCFD Report COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announced today that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the second quarter ending June 30, 2025. The second quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on July 16, 2025, to shareholders of record on June 30, 2025. In addition, the Company announced the publishing of its eleventh annual Corporate Sustainability Report, along with its fourth annual Task Force on Climate-Related Financial Disclosures ("TCFD") Report. Both reports are available in the ‘Sustainabili
EPS of $0.31 FFO per Share, as Adjusted for Comparability, of $0.65 4.8% FFO per Share Growth Year-over-Year Met Midpoint of Guidance Reiterates Midpoint of 2025 FFO per Share Guidance of $2.66 Implies 3.5% FFO per Share Growth for the Year Continued Strong Occupancy and Leased Levels Defense/IT Portfolio 95.3% Occupied and 96.6% Leased Occupancy Rate Exceeded 94% for 9 Consecutive Quarters Same Property Cash NOI Increased 7.1% Reiterates Midpoint of Same Property Cash NOI Guidance for the Year of 2.75% Committed $52 million of Capital to New Investment in Huntsville $308 million of Active Developments (756,000 SF) are 62% Leased Excellent Leasing to Start the Year Total Leasing of 647
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
Jefferies initiated coverage of COPT Defense Properties with a rating of Buy and set a new price target of $31.00
Citigroup downgraded COPT Defense Properties from Buy to Neutral and set a new price target of $25.00 from $29.00 previously
Jefferies upgraded COPT Defense Properties from Hold to Buy and set a new price target of $28.00 from $26.00 previously
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
4 - COPT DEFENSE PROPERTIES (0000860546) (Issuer)
COPT Defense Properties (NYSE:CDP) ("COPT Defense" or the "Company") announces the appointment of Britt A. Snider as Executive Vice President and Chief Operating Officer, effective December 1, 2023. Mr. Snider is an established commercial real estate executive with nearly 20 years of experience in development, asset management, property management and leasing, corporate operations, and corporate strategy. Prior to joining COPT Defense, he served as Principal of Redbrick LMD, a diversified real estate investment and development company based in Washington, D.C., where he was a member of the senior leadership team overseeing the company's development, asset management and leasing activities