What is Wedbush’s Estimate for CDP FY2025 Earnings?

COPT Defense Properties (NYSE:CDP) – Wedbush reduced their FY2025 earnings per share (EPS) estimates for shares of COPT Defense Properties in a research note issued on Monday, May 12th. Wedbush analyst R. Anderson now anticipates that the company will post earnings of $2.66 per share for the year, down from their previous estimate of $2.67. The consensus estimate for COPT Defense Properties’ current full-year earnings is $2.67 per share. Wedbush also issued estimates for COPT Defense Properties’ FY2026 earnings at $2.73 EPS.

Separately, Jefferies Financial Group started coverage on COPT Defense Properties in a research report on Monday, March 17th. They set a “buy” rating and a $31.00 target price for the company. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, COPT Defense Properties currently has an average rating of “Moderate Buy” and an average target price of $33.43.

COPT Defense Properties Price Performance

COPT Defense Properties stock opened at $26.47 on Tuesday. The firm has a market capitalization of $2.99 billion, a P/E ratio of 21.52 and a beta of 0.86. COPT Defense Properties has a 1 year low of $23.47 and a 1 year high of $34.22. The business has a 50-day moving average of $26.47 and a 200-day moving average of $28.95. The company has a current ratio of 2.47, a quick ratio of 2.38 and a debt-to-equity ratio of 1.56.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings data on Monday, April 28th. The company reported $0.65 earnings per share for the quarter, hitting the consensus estimate of $0.65. The firm had revenue of $187.86 million during the quarter, compared to analysts’ expectations of $186.37 million. COPT Defense Properties had a return on equity of 9.07% and a net margin of 18.44%. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.62 EPS.

COPT Defense Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 16th. Investors of record on Monday, March 31st were given a $0.305 dividend. The ex-dividend date of this dividend was Monday, March 31st. This is a positive change from COPT Defense Properties’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a dividend yield of 4.61%. COPT Defense Properties’s payout ratio is currently 97.60%.

Hedge Funds Weigh In On COPT Defense Properties

Several institutional investors and hedge funds have recently modified their holdings of the business. UMB Bank n.a. boosted its position in COPT Defense Properties by 321.7% during the 1st quarter. UMB Bank n.a. now owns 1,071 shares of the company’s stock worth $29,000 after acquiring an additional 817 shares during the last quarter. GAMMA Investing LLC boosted its position in COPT Defense Properties by 77.8% during the 4th quarter. GAMMA Investing LLC now owns 1,403 shares of the company’s stock worth $43,000 after acquiring an additional 614 shares during the last quarter. Brooklyn Investment Group boosted its position in COPT Defense Properties by 9,030.4% during the 1st quarter. Brooklyn Investment Group now owns 2,100 shares of the company’s stock worth $57,000 after acquiring an additional 2,077 shares during the last quarter. GF Fund Management CO. LTD. acquired a new position in COPT Defense Properties during the 4th quarter worth approximately $63,000. Finally, Headlands Technologies LLC acquired a new position in COPT Defense Properties during the 1st quarter worth approximately $74,000.

COPT Defense Properties Company Profile

COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.