COPT Defense Properties (CDP) Stock

About COPT Defense Properties

COPT is a Real Estate Investment Trust (REIT) that focuses on the ownership, management, leasing, development, and strategic acquisition of office and data center assets. The majority of its portfolio is dedicated to serving the United States Government and its contractors, particularly those engaged in national security, defense, and information technology (IT) operations, which the company identifies as growing, resilient, and high-priority missions. Furthermore, COPT maintains a collection of Class-A office properties located in select urban submarkets across the greater Washington, DC/Baltimore metropolitan area, distinguished by strong market characteristics. As of June 30, 2023, 90% of COPT's core portfolio's annual rental income originated from its Defense/IT locations, while the remaining 10% came from its Regional Office properties. On the same date, COPT's core portfolio, including 24 properties held via unconsolidated joint ventures, comprised 192 properties spanning 22.9 million square feet and maintained a 95% occupancy rate.

COPT Defense Properties is headquartered in US.

COPT Defense Properties (CDP) stock trades at $37.41 with a market capitalization of $4.24B. The stock is valued at a price-to-earnings (P/E) ratio of 27.11, price-to-book of 2.78, price-to-sales of 5.46. Over the past 52 weeks the stock has ranged between $26.91 and $38.06, and currently trades 1.7% below its 52-week high.

On profitability, COPT Defense Properties generates a return on equity (ROE) of 10.35%, return on capital employed of 5.31%, an operating margin of 30.15%, a net profit margin of 20.10%.

Official website: www.copt.com