CDP:NYE-COPT Defense Properties (USD)

COMMON STOCK | REIT - Office |

Last Closing

USD 30.61

Change

+0.49 (+1.63)%

Market Cap

USD 3.46B

Volume

1.15M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for REIT - Office

Symbol Name Price(Change) Market Cap
ARE Alexandria Real Estate Equitie..

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USD 21.81B
VNO-PL Vornado Realty Trust

-0.12 (-0.63%)

USD 10.53B
VNO-PM Vornado Realty Trust

-0.07 (-0.39%)

USD 10.24B
VNO Vornado Realty Trust

+1.28 (+3.40%)

USD 7.78B
SLG-PI SL Green Realty Corp

+0.21 (+0.88%)

USD 6.95B
KRC Kilroy Realty Corp

+1.53 (+3.98%)

USD 4.51B
EQC-PD Equity Commonwealth

+0.01 (+0.02%)

USD 3.74B
DEI Douglas Emmett Inc

+0.21 (+1.25%)

USD 3.33B
OGCP Empire State Realty OP LP

+0.20 (+1.85%)

USD 2.73B
JBGS JBG SMITH Properties

-0.06 (-0.33%)

USD 1.58B

ETFs Containing CDP

N/A

Market Performance

  Market Performance vs. Industry/Classification (REIT - Office) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 19.43% 74% C 82% B
Dividend Return 2.30% 32% F 48% F
Total Return 21.73% 74% C 82% B
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 0.06% 83% B 37% F
Dividend Return 0.06% 63% D 25% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 1.14% 100% F 99% N/A
Risk Adjusted Return 5.38% 70% C- 29% F
Market Capitalization 3.46B 68% D+ 73% C

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.