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COPT Defense Properties CDP

Morningstar Rating
$28.27 +0.49 (1.76%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CDP is trading at a 438% premium.
Price
$28.28
Fair Value
$99.27
Uncertainty
High
1-Star Price
$35.48
5-Star Price
$71.74
Economic Moat
Yxbg
Capital Allocation
Bhjxqstn
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News

Trading Information

Previous Close Price
$27.78
Day Range
$27.9228.42
52-Week Range
$22.2028.42
Bid/Ask
$19.40 / $31.54
Market Cap
$3.18 Bil
Volume/Avg
614,059 / 727,472

Key Statistics

Price/Earnings (Normalized)
23.81
Price/Sales
4.46
Dividend Yield (Trailing)
4.10%
Dividend Yield (Forward)
4.17%
Total Yield
4.10%

Company Profile

COPT Defense Properties is a real estate investment trust that acquires, manages, and leases office and data center properties throughout the U.S. The majority of the company's real estate portfolio is composed of office buildings in the Baltimore-Washington Corridor and Northern Virginia area. COPT derives nearly all of its income in the form of rental revenue from tenants. Most of the company's revenue comes from the leasing of properties to U.S. Government agencies and its contractors in the national security, defense, and IT sectors, such as Northrop Grumman and Boeing. Regional offices in urban submarkets make also make up a sizable percentage of COPT's total square footage.
Sector
Real Estate
Industry
REIT - Office
Stock Style Box
Small Value
Total Number of Employees
410

Comparables

Valuation

Metric
CDP
HIW
PDM
Price/Earnings (Normalized)
23.8134.19
Price/Book Value
2.151.360.64
Price/Sales
4.463.981.86
Price/Cash Flow
10.678.195.10
Price/Earnings
CDP
HIW
PDM

Financial Strength

Metric
CDP
HIW
PDM
Quick Ratio
1.401.250.48
Current Ratio
1.721.560.49
Interest Coverage
−0.812.090.31
Quick Ratio
CDP
HIW
PDM

Profitability

Metric
CDP
HIW
PDM
Return on Assets (Normalized)
2.04%2.67%−0.16%
Return on Equity (Normalized)
5.44%6.67%−0.37%
Return on Invested Capital (Normalized)
3.31%4.78%2.66%
Return on Assets
CDP
HIW
PDM
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