COPT Defense Properties (CDP) Stock Analysis
Real Estate · REIT - Office
Hold if already holding. Not a fresh buy at $34.12, but acceptable to hold if already in. Reasons: REIT tenant concentration cliff: 64% of NOI from top-10 tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: top-3 tenants (51.1%).
COPT Defense Properties is a fully-integrated REIT owning 207 properties (25.2M sq ft) proximate to US government defense installations. The Defense/IT Portfolio (201 properties, 90.3% of ARR) serves the USG and defense contractors with mission-critical office space and data... Read more
Hold if already holding. Not a fresh buy at $34.12, but acceptable to hold if already in. Reasons: REIT tenant concentration cliff: 64% of NOI from top-10 tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: top-3 tenants (51.1%). Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 5.5/10, high confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 48d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and reit tenant cliff hard block. Suitability: aggressive.
Recent developments
updated 2026-06-10Recent Developments — COPT Defense Properties
Latest news
- NEWS CDP (COPT Defense) posts 1.4% YoY Q4 2025 revenue gain, narrow EPS miss, stock dips slightly. - Shared Momentum Picks - — Cổng thông tin điện tử tỉnh Lào Cai negative
- NEWS COPT Defense Shareholders Back Governance and Leadership Slate - TipRanks — TipRanks positive
- NEWS Ontex earns top A-score in CDP Supplier Engagement for strong climate action in supply chain - Pluang — Pluang positive
- NEWS Insider Cashes In: Major COPT Defense Properties Stock Sale Stuns Investors - TipRanks — TipRanks negative
- NEWS COPT Defense (CDP) Q4 2025 Earnings Transcript - The Motley Fool — The Motley Fool positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHTenanttop-3 tenants51%10-K Item 1A: 'the three largest of these tenants accounted for 51.1%, and the USG, our largest tenant, accounted for 35.4%'
- MEDIUMTenantUSG35%10-K Item 1A: 'the USG, our largest tenant, accounted for 35.4%' of total ARR as of December 31, 2025
- HIGHTenanttop-10 tenants64%10-K Item 1A: 'our 10 largest tenants accounted for 64.4% of our total ARR'
- MEDIUMTenantFortune 100 cloud computing customer11%10-K Item 1: '33 data center shells in Northern Virginia totaling 6.3 million square feet that we developed for a Fortune 100 Company cloud computing customer, whose total leased space from us accounted for 11.3% of our ARR as of December 31, 2025'
- HIGHProductDefense/IT Portfolio90%10-K Item 1: 'our Defense/IT Portfolio included:...201 operating properties totaling 23.2 million square feet...As of December 31, 2025: our Defense/IT Portfolio segment...representing 90.3% of our annualized rental revenue'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $34.12, but acceptable to hold if already in. Reasons: REIT tenant concentration cliff: 64% of NOI from top-10 tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: top-3 tenants (51.1%). Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Target $33.59 (-1.6%), stop $32.56 (−4.8%), A.R:R -0.9:1. Score 5.5/10, high confidence.
Take-profit target: $33.59 (-1.6% upside). Target $33.59 (-1.6%), stop $32.56 (−4.8%), A.R:R -0.9:1. Stop-loss: $32.56.
REIT tenant concentration cliff: 64% of NOI from top-10 tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: top-3 tenants (51.1%); Concentration risk — Tenant: top-10 tenants (64.4%).
COPT Defense Properties trades at a P/E of 24.0 (forward 23.5). TrendMatrix value score: 4.7/10. Verdict: Hold.
12 analysts cover CDP with a consensus score of 3.9/5. Average price target: $36.
What does COPT Defense Properties do?COPT Defense Properties is a fully-integrated REIT owning 207 properties (25.2M sq ft) proximate to US government...
COPT Defense Properties is a fully-integrated REIT owning 207 properties (25.2M sq ft) proximate to US government defense installations. The Defense/IT Portfolio (201 properties, 90.3% of ARR) serves the USG and defense contractors with mission-critical office space and data center shells. Tenants include the USG (35.4% of ARR), defense contractors, and a Fortune 100 cloud computing company (11.3% of ARR).