Evercore ISI Reiterates Buy Rating for COPT Defense Properties

Evercore ISI Group reiterated its buy rating for COPT Defense Properties (NYSE:CDP) on June 15, 2026. Analyst Steve Sakwa maintained a target price of $39, indicating confidence in the stock's potential upside. Shares of COPT Defense Properties are currently trading at $34.54.

COPT Defense Properties Stock Snapshot

Shares of NYSE:CDP trade near $34.54. COPT Defense Properties boasts a market cap of approximately $3.83 billion. The company has a P/E ratio of 24.68 and a forward P/E of 24.15, with a beta of 0.812. The stock's 52-week range is between $26.91 and $34.78, with a 50-day moving average of $32.12 and a 200-day moving average of $30.50. The company maintains a current ratio of 1.975 and a quick ratio of 1.636, alongside a debt-to-equity ratio of 162.805.

Recent Earnings

COPT Defense Properties reported revenue of $780.5 million, reflecting a growth rate of 7.3%. The company achieved a net margin of 20% and a return on equity of 10.37%. Earnings per share stand at $1.37. The next earnings release is scheduled for July 27, 2026.

Dividend

COPT Defense Properties offers an annual dividend rate of $1.25, resulting in a yield of 3.7%. The dividend payout ratio is 90.15%.

Insider Buying and Selling at COPT Defense Properties

Recent insider activity includes Taylor Pickett selling 31,798 shares on May 29, 2026, at an average price of $32.25. On May 26, 2026, Robert Denton sold 3,922 shares at $32.38. Additionally, on May 14, 2026, Robert Denton, Letitia Long, Essye Miller, and Raymond Lee Owens each bought 3,803 shares.

Analysts Set New Price Targets

On June 15, 2026, Evercore ISI Group maintained its buy rating for COPT Defense Properties with a $39 price target. On June 8, 2026, Truist Securities maintained a hold rating with a $34 price target. Wells Fargo, on June 1, 2026, also maintained a buy rating with a $36 target. Overall, analysts have set a mean target price of $35.88, with eight opinions supporting a buy recommendation.

About COPT Defense Properties

COPT Defense Properties, based in Columbia, Maryland, is a real estate investment trust (REIT) focused on owning, operating, and developing properties near key U.S. Government defense installations. The company serves tenants like the U.S. Government and defense contractors requiring high-security property enhancements. As of March 31, 2026, COPT's Defense/IT Portfolio included 201 properties, with 23.2 million square feet, and was 96.4% leased. The company was incorporated in 1988 and is led by CEO Stephen E. Budorick.

Bottom Line

Evercore ISI Group's reiteration of a buy rating for COPT Defense Properties reflects ongoing confidence in the company's performance. The stock's market metrics and recent earnings suggest a stable position within the real estate sector. Investors will watch for the next earnings report due on July 27, 2026, to gauge further developments. As always, the information from 13F filings and analyst ratings serves as a historical snapshot and may not reflect current positions.