Copt Defense Properties Stock Price, News & Analysis

COPT Defense Properties (NYSE: CDP) has announced the pricing of a $400 million offering of 4.500% Senior Notes due 2030 through its operating partnership. The offering, expected to close on October 2, 2025, will be underwritten by Wells Fargo Securities, PNC Capital Markets, TD Securities, and KeyBanc Capital Markets as joint book-running managers.

The proceeds will be used for general corporate purposes, including repaying the company's 2.250% Senior Notes due 2026 at maturity and reducing outstanding amounts on its unsecured revolving credit facility and existing term loan. COPT Defense, an S&P MidCap 400 Company, specializes in properties near key U.S. Government defense installations, with a portfolio of 198 properties covering 22.6 million square feet as of June 30, 2025.

COPT Defense Properties (NYSE: CDP), an S&P MidCap 400 REIT, announced its participation in the BofA Securities 2025 Global Real Estate Conference. President and CEO Stephen E. Budorick will present on September 11, 2025, at 11:05 a.m. Eastern Time in New York City.

The company specializes in properties near key U.S. Government defense installations, with a Defense/IT Portfolio of 198 properties spanning 22.6 million square feet and maintaining a strong 96.8% lease rate as of June 30, 2025. Their tenant base primarily consists of the U.S. Government and defense contractors engaged in national security activities.

COPT Defense Properties (NYSE: CDP) has declared a quarterly dividend of $0.305 per common share for the third quarter of 2025, representing an annualized dividend of $1.22 per share. The dividend will be paid on October 16, 2025, to shareholders of record as of September 30, 2025.

As an S&P MidCap 400 REIT, COPT Defense specializes in properties near or containing key U.S. Government defense installations. The company's Defense/IT Portfolio comprises 198 properties spanning 22.6 million square feet with a 96.8% lease rate as of June 30, 2025. The portfolio includes 24 properties owned through unconsolidated joint ventures.

COPT Defense (NYSE: CDP) reported strong Q2 2025 results with FFO per share of $0.68, representing 6.3% year-over-year growth and exceeding guidance by $0.02. The company increased its 2025 FFO guidance midpoint by $0.01 to $2.67, implying 3.9% annual growth.

Key operational highlights include 94.0% total portfolio occupancy and strong leasing activity with 724,000 SF in Q2 and 1.4 million SF in 1H25. The Defense/IT Portfolio maintained robust performance at 95.6% occupied and 96.8% leased. Same-property cash NOI grew 2.2% in Q2 and 4.6% year-to-date.

The company's outlook is supported by increased defense spending through the One Big Beautiful Bill Act, which adds $150 billion to defense spending, with $113 billion allocated to FY 2026.

COPT Defense Properties (NYSE: CDP) has announced its schedule to release second quarter 2025 financial results. The company will release its Q2 2025 results on Monday, July 28, 2025 after market close, followed by a conference call on Tuesday, July 29, 2025 at 12:00 p.m. Eastern time.

COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT specializing in properties near or containing key U.S. Government defense installations. As of March 31, 2025, the company's Defense/IT Portfolio consists of 198 properties (including 24 owned through joint ventures), spanning 22.6 million square feet with a 96.6% lease rate.

COPT Defense Properties (NYSE: CDP) announced its President and CEO, Stephen E. Budorick, will present at Nareit's REITweek: 2025 Investor Conference on June 3, 2025, at 8:45 a.m. Eastern Time in New York. COPT Defense is an S&P MidCap 400 REIT specializing in properties near key U.S. Government defense installations. As of March 31, 2025, the company's Defense/IT Portfolio comprises 198 properties, including 24 owned through joint ventures, totaling 22.6 million square feet with a 96.6% lease rate. The portfolio primarily serves the USG and defense contractors engaged in national security activities.

COPT Defense Properties (NYSE: CDP) has declared a quarterly dividend of $0.305 per common share for Q2 2025, representing an annualized dividend of $1.22 per share. The dividend will be paid on July 16, 2025, to shareholders of record as of June 30, 2025.

The company also announced the release of its eleventh annual Corporate Sustainability Report and fourth annual TCFD Report. As of March 31, 2025, COPT Defense's portfolio consists of 198 properties spanning 22.6 million square feet with a 96.6% lease rate. The company specializes in properties near key U.S. Government defense installations, with tenants primarily including the USG and defense contractors engaged in national security activities.

COPT Defense Properties has announced significant leasing achievements at its Redstone Gateway location, securing two investment leases totaling 55,000 square feet. This brings their year-to-date investment leasing to 103,000 square feet.

Key developments include:

• A 40,800 square foot lease with the U.S. Department of Defense at 8100 Rideout Road, bringing the property to 79% occupancy
• A 13,700 square foot lease with a Defense Contractor at 9700 Advanced Gateway, achieving 100% pre-lease status

The company's Huntsville portfolio, spanning 2.5 million square feet, maintains a strong 98.5% occupancy rate with only 37,000 square feet available. As of December 2024, COPT Defense's total Defense/IT Portfolio comprises 195 properties covering 22.4 million square feet with a 96.8% lease rate. The portfolio includes properties near key U.S. Government defense installations, serving primarily USG and defense contractor tenants engaged in national security activities.