CDP
Copt Defense Properties Real Estate Real Estate Investment Trusts Russell 3000
$33.35Close
$3.8BMarket cap
$26.51 – $38.3552-week range
Late-januaryNext report · estimated
Highlights
Cautions
- Not in an uptrend 4 of 8 trend conditions
- Distribution down-day volume 1.6× up-day volume over 50 sessions
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
13%
1wk
down 1.7%
price change
1mo
down 0.1%
price change
12-month return
up 26%
market up 11% ·
its own up 14%
F-score
—
— Not assessed
Altman Z
—
Unknown
P/E
23.7×
price / earnings
PEG
2.27
P/E / EPS growth
P/B
2.5×
price / book
Earnings yield
up 2.5%
EBIT / enterprise value
Cheaper than
—
of the market · not assessed
Revenue growth
down 44%
year on year
EPS growth
up 19%
latest quarter · +10 pts
Sales growth
down 46%
latest quarter · -5 pts
ROE
up 11%
return on equity
Free cash margin
up 737%
$309.9M FCF
D/E
1.83
long-term debt / equity
Net debt / EBITDA
7.8×
Interest cover
—EBIT / interest
Trade setup
ATR%
2.4%
$0.79 a day · 2×ATR $31.76
RS
51 / 99
vs the universe
Trend
4 / 8
trend template
Relative volume
1.4×
vs 50-day average
Up/down volume
0.62
50 sessions
Implied move
—
no scheduled report
Trend template · 4 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: passes
- Price above the 50-day average: fails
- At least 30% above the 52-week low: fails
- Within 25% of the 52-week high: passes
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Heavily indebted Net debt is 7.8 times EBITDA — roughly 8 years of earnings before interest, tax and depreciation to repay borrowings in full.
- Revenue shrinking Revenue fell 44.3% over the year, from $75.5M to $42.1M.
Last reported
Oct 29, 2026
Results reaction
Oct 29, 2026+2% vs market2 sessions after results
Financials
- Gross
- Net 379%
- Free cash 737%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $70.6M | $107.9M | $154.6M | $60.2M | $75.5M | $42.1M |
| Gross margin | 4% | 4% | — | — | — | — |
| Net income | $97.4M | $81.6M | $178.8M | -$74.3M | $143.9M | $159.5M |
| Net margin | 138% | 76% | 116% | -124% | 191% | 379% |
| Earnings per share | $0.87 | $0.73 | $1.59 | -$0.66 | $1.27 | $1.41 |
| Free cash flow | $238.4M | $249.1M | $265.8M | $276.3M | $331.0M | $309.9M |
| Free cash margin | 338% | 231% | 172% | 459% | 438% | 737% |
| Cash | $18.4M | $13.3M | $12.3M | $167.8M | $38.3M | $275.0M |
| Long-term debt | $2.1B | $2.3B | $2.2B | $2.4B | $2.4B | $2.8B |
| Shareholders' equity | $1.7B | $1.6B | $1.7B | $1.5B | $1.5B | $1.5B |
| Shares outstanding | 112.18m | 112.33m | 112.42m | 112.56m | 112.70m | 113.21m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 3, 2026 | Quarterly ↗ | Jun 30, 2026 | 34d |
| May 6, 2026 | Quarterly ↗ | Mar 31, 2026 | 36d |
| Feb 20, 2026 | Annual ↗ | Dec 31, 2025 | 51d |
| Nov 4, 2025 | Quarterly ↗ | Sep 30, 2025 | 35d |
| Jul 31, 2025 | Quarterly ↗ | Jun 30, 2025 | 31d |
| May 1, 2025 | Quarterly ↗ | Mar 31, 2025 | 31d |
| Feb 21, 2025 | Annual ↗ | Dec 31, 2024 | 52d |
| Nov 4, 2024 | Quarterly ↗ | Sep 30, 2024 | 35d |
| Aug 1, 2024 | Quarterly ↗ | Jun 30, 2024 | 32d |
| May 1, 2024 | Quarterly ↗ | Mar 31, 2024 | 31d |
| Feb 22, 2024 | Annual ↗ | Dec 31, 2023 | 53d |
| Nov 3, 2023 | Quarterly ↗ | Sep 30, 2023 | 34d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 29, 2026 | Results ↗ |
| Jul 27, 2026 | Results ↗ |
| May 20, 2026 | Shareholder vote ↗ |
| Apr 27, 2026 | Results ↗ |
| Feb 5, 2026 | Results ↗ |
| Feb 4, 2026 | Director or officer change ↗ |
| Oct 30, 2025 | Results ↗ |
| Oct 10, 2025 | Material agreement · New obligation ↗ |
| Oct 2, 2025 | Material agreement ↗ |
| Sep 29, 2025 | Other events ↗ |
| Sep 23, 2025 | Other events ↗ |
| Jul 28, 2025 | Results ↗ |