CDP

COPT Defense Properties

Real Estate · $3.9B market cap

Verdict

Share price

$33.57

close of Oct 3, 2026

Fair value

$27.91

Sticker Price

Payback Price

$11.17

buy price

Overpriced

CDP is Overpriced: at $33.57 it trades 20% above its fair value of $27.91. Its buy price (Payback Price) is $11.17, 67% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

FFO-Based (REIT). A real estate trust. Depreciation makes a property owner's profit look smaller than the cash it brings in, so we value it on funds from operations (FFO).

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth10.5% a year✓
Equity per share growth-1.9% a year✗
Sales growth3.0% a year✗
Free cash flow growth4.5% a year✗
Return on invested capital5.1%✗

Follow CDP

Get notified when it reaches its buy price of $11.17. Free.

Create a free account

Insider activity

Since Aug 6, 2026: no open-market purchases and 1 other filing (stock awards, tax withholding and similar). Why purchases matter

Other filings

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…

REIT - Office

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works